Of course, 10 years is short and I never thought can reach RM1 million to RM8 million by 10 years leh. Maybe I need 15 years to grow RM1 million to RM8 million. Below is my plan.

So far my track record in share investment is CAGR 20%, which means my portfolio size would double every 4 years. For your information, I just got the share margin facility not long ago, hence the CAGR 20% is an unlevered return.

Maybe my portfolio size was too small and I could flip CAGR 20% in the past, so to be conservative I assume my portfolio's return will be mean reverse to market return when its size becomes larger, likely my long run CAGR would reduce to 15% and with that my portfolio could double every 5 years, this indicates RM1 million could grow to RM8 million in 15 years. And don't forget if I also keep pumping in additional annual savings, then the period of achieving RM8 million could be even shorten further.

Correct me if I am wrong .

I am still struggling to get my 50k

Actually............the 1ST MIL is the EASIEST.........

Growing that !ST MIL to 10 mil gets harder each passing day..............

CAGR of 20% is VERY impressive....how long have you been investing now?

Even SUSTAINING 15% CAGR over 15 years is almost impossible.....and that's what you have to do to
get from 1mil to 15mil in 15 years....


Inevitably, The only way to increase net worth is to SAVE......without CApital, one can never get to their goals.

How old are you? Nowadays RM50,000 is not a lot to achieve through savings in 3 to 4 years loh.

I don't know if 1st RM1 million is the easiest or not, so far I have been working and saving for 7 years and investing for 9 years, but I still can't get through that RM1 million .

This post has been edited by noprogambler: Apr 10 2013, 07:35 AM

Still, with 500k net worth is pretty impressive.

AND 20% CAGR is very impressive.

I have been investing for 9 years. As I said, my capital is small so the marginal return for such a small portfolio is normally higher than a bigger portfolio.

If compare my CAGR return with those investment legend such as Peter Lynch and Warren Buffet, their initial year of investment were much more higher at CAGR return of 30% to 40%. That is why in long run even though their portfolio mean reverse to the market's return, their long run average return since inception still can maintain at 15% to 20% because of their great performance in the beginning. I am not as good as these investment legends, so I only achieved 20% in my 20s. Likely I may only achieve 15% in my 30s and eventually 10% in my 40s.

Yah I was getting started through savings, plan every budget and spend below my mean. For your information, I was getting low salary to begin with and some more need to repay RM45,000 study loan when I was first coming out to work, it was quite tough in the beginning of my 20s .

This post has been edited by noprogambler: Apr 10 2013, 07:46 AM

Looks like you have a very good plan!

Keep it going!

I got inheritance from father about rm 1 million. it's properties in ulu area. the rental yield only 2% per yr. how to increase to 8 million within 15 yrs?

Then sell the land and get the RM1 million and invest in other investment tools that can reward you higher yield.

Thank you.

With RM500,000 now, maybe I need to spend 20 years so to duble my net worth by 4 times then only can reach your amount of RM8 million, by then I also becomes 50 same as what you are now. Too bad that due to inflation the purchasing power of RM8 million in 20 years will be much lower than the RM8 million today, so I need to pump in more capital.

This post has been edited by noprogambler: Apr 10 2013, 09:22 AM

28
salary: after epf n all left 3.1k, free petrol n phone
180gm of paper gold in uob
14k in bank
55 in pocket. lol

ptptn still left 8k, i think.

Can apply to be an agent of Blu IC Project, easy money

cut and paste is easy without knowing the insight.

Do consider put more weighting to properties. If you are more into property 5 years ago, you could have achieved RM1m by now.

My experience with property and shares :

The returns of the right shares is better than the right property
The returns of the average property is better than the average shares

I am leaning more to properties because I need lesser luck to buy the right property compare to shares

thanks for the insight

Before you reach, it will be difficult. Once you achieved it, you will say easy. Once u achieved Rm10m, u will say difficult for Rm100m and etc..

As an illustration in general


Stocks/Equities = Rollercoaster

Properties = Gentle train chugging up the slope


On yer timing thingy...........that's a difficult one...........

If I bought LAND 5 years ago, I wouldn't be sitting here.........

Then again I bought a piece in 92 for Rm5 psf...........someone offered Rm180psf.......still chugging

Agreed !

We have heard many stories about Genting and Public bank shares RM3k bought in 1970s and became RM1 mil in 2000s. Those really need luck to hold that long without selling the bonus shares, splittings and rights issue

But for many plantation land 10 acre in 1970s maybe worth RM10k-RM20k, now it also can worth RM3 mil. If in puchong, it could be RM30m

This post has been edited by EddyLB: Apr 10 2013, 11:10 AM