Showing posts with label Australia. Show all posts
Showing posts with label Australia. Show all posts

Monday, 16 May 2016

Transferwise: the best way to transfer money from overseas to Malaysia

Sometime ago I want to transfer some money from Australia to Malaysia. I researched for many companies to look for the best (cheap and effective) way. Here it is.

Trasnferwise is the best company you could possibly find for fund transfer from Australia to Malaysia (and I believe for other major currencies to MYR too). Established in the UK, Transferwise supports all major currencies and is invested by Sir RichardBranson, the founder of Virgin group. 


Advantages:

1. It uses mid-market rate. This means that your transfer rate is even better than BNM's buyer rate, i.e., the exchange rate they offer is exceptional. In contrast, traditional telegraphic transfer (TT) using banks comes with a 5-10% spread as compared to BNM forex rate.

2. Small transaction fee and no other hidden fee will be incurred. For AUD-MYR, you will be charged 0.7% of the amount you transfer. And because you do not "lose" in forex rate,  this means that the money you receive is only 0.7% less compared to the "optimal amount". I bet you can find any company doing better than this.

3. Fast and efficient. From my experience, the service is very impressive. I received the fund the next business day after they received my fund.

4. Reliable and secure. In the process of fund transfer, you will be updated at each stage about your fund status. This gives you peace of mind. You can read some review here. I am not surprised that this company receives 9.5/10 for their service. 

If you want to transfer fund from overseas to Malaysia, abandon the exorbitant fees charged by banks and start using Transferwise by registering here. Yes, I have to tell you that this is my referral link. If you signed up using this link you will have a free transfer of up to GBP 500. And if you successfully refer your friends and they have made a transfer, you will be rewarded with cash.



Friday, 18 March 2016

Leaving Australia for good: the tension of opposites

It has become pretty clear that I will have less than 1 month in Australia. Nothing is going to stop it.

Living for 3.5 years, Sydney has become an ordinary city to me, nothing more, nothing less. The excitements that I have had when I first came to this beautiful place have unfortunately, yet inevitably, turned into normalcy. The good things have been taken for granted and the bad things have already been accustomed to. Ridiculously, the city that crowned the top 10 most livable cities in the world, a place that so many people long to visit, is also the place that I cannot wait to leave.

I experience the tension of opposites*: part of me want to leave here so badly, yet part of me know that there is nothing better back in Malaysia. When I think of I have enough of Sydney, the mind starts generating all kinds of reasons to justify the thought, e.g., I miss Malaysia food. But then I also know that I am going to miss Australia very much: the fresh air, the days of cycling and the fun of swimming & snorkeling in the sea, etc. More importantly, I like the way Australians think, the mindset, the "software", which determines the "quality" of a community.

Which makes me realising, once again, that you always get some and lose some at the same time. Life is only fair this way. Time flies and there is not much I can do to hold on to all these things. This experience only happens once in a lifetime. I cannot, and do not want to leave any regrets while in Australia. This means that, appreciating all moments while I am still here is the best I can do to for the rest of the days in Australia.


*The tension of opposites was mentioned in  <<Tuesdays with Morrie>>, my favorite book written  by Mitch Albom

Tuesday, 28 April 2015

NASDAQ: Amazon soars after earning release

I fail to fathom the US stock market. Amazon (NASDAQ: AMZN) was trading at USD 445 (24-4-2015), jumped from USD 390 on the day preceding the earning release. The "dumbfounding" thing is, the net profit of the latest fiscal report is a net loss of USD 57M / EPS of USD -0.12 (compared with a net gain of USD 108M / EPS of USD 0.23).

Yes, of course you cannot look at net profit alone in isolation from other figures. The revenue jumped 49% to USD 1.6B. The operating cash flow also increased significantly. The main reason for this is reported to be due to the outperforming cloud services and strong retail sales.

Having bought something from them once, I am very impressed by Amazon. The item is of great value, even after including the "international shipping" (which is really not much) and the weakening Australian Dollar. 50% discount is very common. For example, PNY Turbo 128GB USB 3.0 Flash Drive is now selling at USD 40 shipped to Australia. This is equivalent to  AUD 51.2 (based on the current rate of 1 USD: 1.28 AUD). The cheapest you could find on Ebay is AUD 68. The example goes on and on, and applies for all sorts of items.

Amazon has invested a lot to provide all kinds of new services, with a hope that in years to come, they will gain the "market share" and what they have invested in will pay back in avalanche.

According to the earning forecast, even in year 2018 the EPS would only be USD 8.29, i.e. the PE is still sky high. Perhaps this is something you can only find in a "matured" market, that considering really long term growth of a company, Amazon worths to trade at this price. This is something you cannot find in KLSE, and this excites me to involve in NYSE and NASDAQ, a market that really requires a sharp investing insight.

Monday, 20 April 2015

Tasmania, my second destination in Australia

Tasmania is a heart-shaped island located in the south-east of Australia. Locals here like to use short form for common name, e.g. Aussie for Australia; Brissie for Brisbane and Tassie is the name they give to Tasmania.

I always tell myself that I have 3 destinations to go while I am still here: Cairns, Tasmania and Uluru. Cairns trip was "accomplished" at the end of 2013. Last year I went to Tassie. I have little interest in Melbourne or Gold Coast. These places are so common that I will have heaps of chances to visit even after I leave here. But for these 3 places, although not considered as "popular destinations" when you fly from overseas, I am certain that they do not pall in comparison with those "popular destinations".

It was a very enjoyable and memorable self-drive trip of 6 days. Words fail to describe the beauty of Tassie. It is a very well-preserved place. All nature wildlife and forests are very well protected. The clear blue sky and the white clouds of Tassie seem so low and so close to you. The scenery is absolutely impressive.

The two largest cities in Tassie are Hobart and Launceston, with other small towns located all around the island. People here is very nice and have a very laid-back lifestyle which I adore deeply. Big supermarkets here (Coles and Woolies) don't provide plastic bags as in other states to reduce the use of plastic bags. This makes me feel like I am in my beloved hometown Penang.

Seafood is famous here, with oyster tops the list. Mussels, scallops, prawns and fishes, all you can eat here. They are really nice and fresh with Tasmanian salmon to be my top favourite. I have bought some cherry. I guess they are the top quality cherry in the world.

Driving from place to place in Tassie, you couldn't see tall buildings and apartments. It doesn't give you a feeling of a developed place, but it is indeed developed -- the mindset of the people here are developed that they know to protect the mother nature is a priority. All you can see are trees and grasses on both sides of the road, with cows and goats eating grasses. A house is built in a large area of green field, completely isolated from the outer world. Can you imagine how good is the air quality here, and how healthy (good) / boring (bad) is the life here?

Because it is during summer and Tassie is really close to the Antartica, the sky will only turn dark as late as 10:00 p.m.. This is the first time I experience this, as if the dark never fell.

Owing to its geographical location, it can get to 9oC even in the summer. This gives me extra appreciation to the weather in Sydney, although disgusting at times, but is still quite "mild" as compared to other places in Australia.

Some photos.

Stanley is a small town located at the north-west tip of Tassie.


(天苍苍,野茫茫,风吹草低见牛羊)


Bristowe Lavender farm is just amazing. The time we went there is just the season to flower. What a good time to visit Tassie.


There is a wild kangaroo looking for food in wineglass bay.


On the way to Hobart:



Mount wellington is a place where clouds are literally within your touch and you can look out the Hobart city.


Tasman bridge in Hobart city.


Brunny Island is the nearest place to the south pole of our beloved Earth, the crew member said that this "gigantic" seal came from the Antartica. And it is only there for a few months, so we are lucky to see this type of seal.



Last but not least, a shop known as Foxhole Medals has the front mirror stuck with this quote:

"Live your life. Take chances. Be crazy. Because right Now is the oldest you have ever been and the youngest you will ever be."

The quote says it all. Enjoy life.



Monday, 15 July 2013

La Perouse -- 只有漂亮可以形容


La Perouse,名字知道法国命名地方位于Sydney南方地方衔接一个小岛,叫 bare island。地方,只有漂亮可以形容。了。

这次去爬山。我很喜欢爬山。这小片丛林叫 botany bay national park。单程1小时,不会很难走。澳洲有个专为爬山而设的网站,里面资料很齐全,叫 Wildwalks

这次去的是 Henry Head, 资料在这里:Henry Head


宁静海湾,草地澳洲人,澳洲喜欢这样:

la perouse view

洁白的沙滩,叫 congwong beach。


congwong beach

小岛 bare island,二战时期是监狱,现在有tour guide。上面插着澳洲国旗:

bare island

这个澳洲人在卖风筝。没有人买,就自己放。他就坐在那里,根本都不介意你买不买,悠闲自在。


Australian, kite

爬山爬到这个地方,brown rocks,鬼佬钓鱼的地方。

brown rocks

爬山爬到 henry head,看过去是一望无的 south pacific ocean。漂亮!

Henry Head

遇到一个澳洲人,说现在是鲸鱼迁移的季节,运气好的话随时可以看到鲸鱼。希望下次可以让我遇见。