2% EVERY MONTH..........for how long now?

At this rate your net worth will surpass WB very soon..............

Indexes at both Indonesia and Thailand markets are at record highs at the moment... Thread carefully and good luck.

2% is a 12month moving average.  There are peaks and valleys of course, e.g. when I bought my car when I turned 28 or when my company paid compensation to me.

Overall since 2010 when I started to keep records my net worth grew by 267% not including my funds in Msia.

It will be tougher to keep my target of 2% a month due to law or large numbers.  I'll be re-evaluating this goal middle of this year when my wife starts to move in with me.  I foresee modest 1% growth per month is sustainable.

Currently my monthly spend is less than 30% of my nett pay, investments yield a modest avg 10% per annum according to last 4 yrs.  My monthly savings will most likely stay the same once my wife moves in, offset by lower taxes.  One off expenditure will increase however, as I need to pay for travel and holidays.  I need to reduce that impact by eating more at home and savings from cooking and buying for 2.

Age: 25
Occupation: Salesman
Marital Status: Single and available 
Asset(s):

Car (Myvi)-
Market Value: Dont know the current market value - Bought last year at RM 50k Outstanding Loan RM 34k 4 years 8 months more
Liability (ies):
Study loan: RM48k PTPTN (Have not started paying off as i din not receive letter from PTPTN yet  )
Insurance:
Life: Medical card RM200 per month but daddy pays every month 

Investment:
Illegal investment: RM30k
Cash in hand
RM22k

No Name Of The Asset / Liabilities Purchase Price  Current Price Outstanding Loan Nett Value Return PA
     
A Employees Provident Fund  320,000                      320,000                -            320,000  - 
     
B Government Fund                    19,800                        19,800                -            19,800  - 
     
C Private Fund  -    -    -    -    - 
     
D Share  -    -    -    -    - 
     
E Gold Savings                    1,500                          1,600                -                1,600  - 
     
F Plantation                                  27,244                          27,244                -              27,244 
     
G Land Investment                  34,880                          34,880                -              34,880  - 
     
H Car                                  168,000                          120,000              70,000            50,000  - 
     
I Banks Savings                      -                                  700                      -                700  - 
     
J Property                                    705,000                          1,150,000            453,000              697,000 
     
Total Nett Value                1,276,424                        1,674,224            523,000            1,151,224 

Hi All Sifu ,

Just wanted to ask all your opinion , how is the my net worth been doing so far ?
What needed to improve ?

Sorry this is a joint net worth between me and my wife .
We have 2 lovely children 4 and 2 , both of us workings and drawing 16k about per month ( 2 person).

Please give me some idea and things need to move forward , just feel something is not right and need to improve on .
   
   

Age: 25
Occupation: Salesman
Marital Status: Single and available 
Asset(s):

Car (Myvi)-
Market Value: Dont know the current market value - Bought last year at RM 50k Outstanding Loan RM 34k 4 years 8 months more
Liability (ies):
Study loan: RM48k PTPTN (Have not started paying off as i din not receive letter from PTPTN yet  )
Insurance:
Life: Medical card RM200 per month but daddy pays every month 

Investment:
Illegal investment: RM30k
Cash in hand
RM22k

how about monthly average salary. That is also part of your net worth bcos come in every month.

Working sales do not have fixed income. I would say RM2.8k the lowest i can get, while the highest I got is RM7k.
How do u think I hould improve my wealth with my current situation?

Age: 23
Occupation: Sales exec
Income RM2500
Marital Status: Single but not available
Asset(s):

Car - loan RM58100 owe bank RM72900 plus interest for 9 years RM668 monthly

Insurance:
Life: Daddy pay 
Medical card RM150

Investment:
Havent started, still thinking which to invest

Cash in hand
N/A cox paying my max out credit card.... Still owe RM4300

Saving : all to the car d/p

Just to stay on topic, how do you guys track your net worth performance?

I have a simple spreadsheet.  It's nice to see the growth on a graph.  I'm averaging 2% every month.

Guys, just wondering how am I doing?

Age : 26
Own business
Monthly Average : RM6,000

No assets nor liability

FD : RM100k
Savings / Cash in hand : RM80k

No idea where to invest in.. properties seems to be out of reach.

Guys, just wondering how am I doing?

Age : 26
Own business
Monthly Average : RM6,000

No assets nor liability

FD : RM100k
Savings / Cash in hand : RM80k

No idea where to invest in.. properties seems to be out of reach.

age 23 with RM2,500 and owe bank RM 72,900 with maxed out credit card (-ve RM4300 balance) and no cash in hand?????
Dude, better control your spendings and pay-off your loans a.s.a.p.
Otherwise in another 5 years time you confirm bankrupt.