These days, everyone is talking about cows. Not mad cow disese, but just cow per se. Maybe cows plus condominiums.
In those days when I was a small boy and staying in Ayer Itam of Penang, we would often see one or two cows being shepherded by some ‘young cowboys’ even along the paved roads. Some cows would walk in the centre of the road, and motorists had to swerve their vehicles to avoid hitting them. It was also not uncommon to see dung here and there,, and for small boys like us, we were very careful not to step on the dung when going to or coming back from schools.
Rearing cows in those days was not big business. Most cowboys were poor. Some of the cowboys kept them for milk productions. We sometimes had fresh milk delivered to our house, and i still vividly remember that we needed to boil it before drinking, unlike cow’s milk nowadays, you can just pour out from a tetrapak and drink.
Cows have remained the same. I don’t know about the meat because I do not eat beef, as our family tradition dictates. Since I do not eat meat, I have not paid much attention to beef prices, but one thing I know.
Apparently, cow rearing is now big business. It is even bigger than property , and it can also be mixed with property business.
Cowboys nowadays talk in hundreds of millions of dollars and they do not need to shepherd them through the roads anymore. In fact, cowboys probably drive luxurious cars to visit their cows.
How to be the new generation cowboys? Easy.
If you know the right person — or rather if you are the right person– you can get a soft loan not from banks but indirectly from the tax-payers via the Big Brother, with very low interest, to start a cow rearing farm. Not a loan of a million or two. I recall a female minister had once said that a million is nothing nowadays ( you can try search for a post on this in this blog). Going by her advice, you do not want something that is ‘kacang putih’, you want something big!
So the loan would be in the region of more than a hundred millions. There will be certain time for you to reach the targeted number , say 8000 cows. If you find it too tedious to rear them from wombs, you can actually import them from Down Under to your farm, keep them for a few weeks, and then sell it as a product of your farm. Nothing wrong in that; the Americans are doing the same thing– they are selling American products that are all made in China.
The beauty of it is that since you are somebody, you can actually use part of the cow money to buy and invest in luxurious condos. It will definitely be cleaner than cow business. Do not buy those apartments that lay men stay (they can be too dirty by your standard), but expensive apartments in the region of almost 7 millions each.
Since you pay cash, you can even get a rebate from the developers for the purchased condos. The funny thing is , this rebate can even be classified as part of the rental earnings. You do not have to be good in accounting, for if you are somebody, you can just list those rebate as income- no one would be so foolish to question you! By doing that, the condos you purchased would ostensibly give you a very high yield of more than 10% — even though if you strictly take rental alone, it would be in the region of less than 4% (more or less like FDs, but since you are somebody, you probably can stand the higher risks that condos give compared to FDs).
You do not have to worry. Afterall, so many that you know are doing the same things and other funny things too. There are even some who waive a raise in toll increases but get extra income in the long run by increasing the length of the toll collecting period.
Afterall, this is Bolehland…
(For the actual yield calculations, please read this excellent article here)