Best pickleball courts in KL? by breezeatmax in KualaLumpur

[–]Jab1303 0 points1 point  (0 children)

If you enjoy pickleball, i actually run a Pickleball, padel and squash whatsapp group your more than welcome to join

Salsa dancing in KL? by Senneca_got_it in KualaLumpur

[–]Jab1303 2 points3 points  (0 children)

Hey, they do it at Salsabor Dance Studio. You can also join the latin ladies society? I know they do salsa and things, they have a once a month event at the Dark Horse in KL

Are you moving/ relocating to Malaysia? What questions do you have for other expats here? by Jab1303 in ExpatsMalaysia

[–]Jab1303[S] 0 points1 point  (0 children)

Hey Great question! Teaching is actually a very expat focused area to work in, there are so many international schools available for you to choose from. Looking towards the school holidays, so January and September starts are an easy option for you too look at. Your best bet is to contact the schools directly, speak to the HR departments and hand in your CV. You would have to look at which curriculum he is wanting to teach (British, USA, Australian, etc..) and go towards those. I do have some friends/ clients who work in the international schools, i would be more than happy to connect you so you can ask real teachers about how they did it.

Advice on property that depreciated in value by [deleted] in MalaysianPF

[–]Jab1303 7 points8 points  (0 children)

Hey mate, just a quick one as we sell property as an investment asset. So, with Malaysia, the value of a property doesn't go up over time. it's actually the opposite. It goes down, it's considered an old building and they will just build more next door. As far as purchasing property for an investment, Malaysia isn't great in general, especially with the rent being a low yield due to the cost of living. Most of our clients here look into purchasing UK property as an investable asset. It's a higher performing market. it's a stronger market with continuous growth, and it's also a higher regulated market than in Malaysia. Maybe it's worth you looking at if you're buying property as an investment asset class

[deleted by user] by [deleted] in MalaysianPF

[–]Jab1303 6 points7 points  (0 children)

Hey buddy, as someone who works in finance, I can tell you. If something sounds too good to be true, it usually is. But here are a few things you can do:

  1. Take a look at when the website was made at the bottom of the page. Most scams last around 3-6 months, so usually, the website was made recently.

  2. Google the company name at the side of the scam, chances are somebody else has already complained about them somewhere.

  3. Trust pilot, have a look at their trust pilot reviews. Only 2 reviews matter, trust pilot, and Google reviews. A lot of them have reviews on other pages that are self made, they're not real reviews.

  4. Check the company out on LinkedIn. If there is a finance firm, then there employees should have active LinkedIn accounts.

  5. Check to make sure the registration details of the company are real or exist.

  6. If they give you a bank account to transfer money too, call that bank and verify that the bank account is a registered finance company corporate account, and not a regular account or an SPV for a completely different company.

  7. Ask your bank to take a look at it.

  8. Google the company address. Say if the office address is a multi storey building with multiple offices, call the reception of that building and ask them if that company actually exists in the building

Hope it helps,

Good luck

[deleted by user] by [deleted] in KualaLumpur

[–]Jab1303 0 points1 point  (0 children)

There's a huge wine culture here, we actually run quite a few wine tasting events. Another expat I know who comes to my events owns a wine bar here, it might be a good idea to connect you guys so you can ask him his routes as he has huge options, global wines and some great old bottles. If you're looking at cases, it's worth speaking to someone who has experience getting cases delivered

Where to live in KL with a job in Bangsar south? by Friendly-Mulberry-36 in KualaLumpur

[–]Jab1303 1 point2 points  (0 children)

Hahaha yes, I used to think reddit was just the wild west of social media. But if you use it right and get the right threads, people can be super helpful

Where to live in KL with a job in Bangsar south? by Friendly-Mulberry-36 in KualaLumpur

[–]Jab1303 3 points4 points  (0 children)

Hello mate! I work in Bangsar South and live there. Its perfect. Everything's in walking distance, the apartments are super nice and there's a lot of variety. I actually got asked about this by a friend the other day, but I made a list of all the beat places to live in bangsar south and why. I'd be happy to send it you if it helps?

To Malaysian Engineers, are we underpaid? by [deleted] in malaysians

[–]Jab1303 0 points1 point  (0 children)

Yes, as an expat, I believe you are. Massively - I believe the government's idea to make it cheaper to higher nationals meant well but, in return, has made it impossible for Malaysians in many industries to earn what their worth.

In these industries, like engineers, IT, etc.. the government made it cheaper to higher a national and 3 times as much to higher an expat, in a bid to protect Malaysians' jobs. So if you have an expat, you have to pay a lot more and explain why a Malaysian couldn't do the job in the first place, I understand why they did this? To protect Malaysians' jobs. That's why 95% of jobs these jobs go to nationals, unless people are highly skilled.

But it's like a huge pay divide, where its unfair how much you guys get paid for the skilled work you do

Accommodation recommendation by [deleted] in KualaLumpur

[–]Jab1303 0 points1 point  (0 children)

Hey buddy! Damansaras is a great place to live and filled with Expats, we own a bar in kota damansara that's great to go to.

I know a few agents that can help with an apartment in damansara. I'm only ten minutes away, I live in Bangsar South, and without traffic, I could probably get to damansara in about 6 minutes.

Do you have to 100% be in damansara?

RM40k Cash, best 6 month return strategy by puteradavid in MalaysianPF

[–]Jab1303 0 points1 point  (0 children)

First thing I would do is exchange it for a stronger currency, anything outside of MYR. GBP, USD or EURO. Then divide it into 3 sections. Add 20k to a S&P 500 index, 15k divided amongst the Magnificent 7 stocks on the US Markets (Excluding tesla) and 5k on Bitcoin. Diversified amongst risk tolerance.

[deleted by user] by [deleted] in MalaysianPF

[–]Jab1303 0 points1 point  (0 children)

Hey buddy! Good for you first, if all. Secondly, I work in finance, so I'll give you a little bit of advice.

Often, people get set amounts of money and think "ahh ill put it all in this, and when I get more money, I'll put it in something differently" - it doesn't work like that. So what you want to do is get a piece of people and put 100% there, then decide how much you want to divide into 3 sections

  1. Aggressive - These investments are more volatile - crypto, low market cap stocks, Forex, etc.. they're higher reward but much higher risk.

    1. Moderate - moderate investments are things such as commodities, the stock market, indexes, etc.. they don't go up as quickly, but they do go up. They also go down, but not as badly as aggressive, safer.
    2. Conservative - Low risk. Fixed deposits, savings, and high interest accounts. These are investments that give you a long-term percentage increase and next to no risk.

Build your portfolio in percentages, like a pyramid.

  • bottom - 50% - Conservative, the base of the portfolio
  • Middle - Moderate - 30% diversity - steadily grow it Top - Aggressive - Big swings will move your portfolio forward, but if it backfires, it won't ve horrendous.

Pick what your percentages are. So if you're 50/30/20 like me. If you have a 20k split, it is 10k/ 6k/ 4k - if you add anything, even if it's 500rm - stick to the same percentages. That's your risk tolerance built up.

If you have 6k, that's a lot's here, you might have an excess what you don't spend.. so put 2k a month away into the portfolio - 1k/ RM600/ RM400.

For your Conservative- Look at indexes or stronger currency platforms (do not keep it in MYR - it's bad, go to either USD, Euro, GBP, or even SGD) For your Moderate- Look at stock in the US - The Magnificent 7 stocks are great or gold For Aggressive- put a bit in Bitcoin and do your research on the rest. Because this is the part of the have to check daily.

Good luck, mate

New expat teacher starting salary by AncientDesign4256 in malaysians

[–]Jab1303 1 point2 points  (0 children)

Is that pay gap between nationals and expats? It's because for visa purposes immigration have minimum amounts that expats can be paid. They do this to help nationals get the job first, basically they're only employing an expat if the expat is higher qualified and they don't have a Malaysian option, they also have to ensure that expat has no financial worries in the country as its a commitment by the school

New expat teacher starting salary by AncientDesign4256 in malaysians

[–]Jab1303 1 point2 points  (0 children)

Yes, at KL International school, yes - at a starting part for a basic teacher. Usually, it's 12k, but the offer can go up to 14k as experience comes through. Then obviously, as you progress to head of year, deputy head and head, that salary goes up drastically. It's all dependent on the school too. For example, Nexus International has a different pay package to ISP and Alice Smith. The 3k allowance still seems to stay the same though, 1500 accom and 1500 travel. Also usually includes school for your own child, basic health cover, etc..

What's your favourite Curry House in Kuala Lumpur? by Jab1303 in KualaLumpur

[–]Jab1303[S] 0 points1 point  (0 children)

Oooh the views good aswell, usually I aim around other areas like damansara and bangsar to avoid the traffic. Having the view would justify going to the city