this i agree.... in the last 30+ years that's what had happen

Interest paid by rental $$. if can cover the whole installment means house also paid by rental...I only pay other $$ such as quit rent,management fee etc....its a good deal to me....

how bout the hassle to handle tenant? you can engage 3rd party to handle everything A to Z, but need pay for certain fees...so this is depends on the investor preference.

if i dun buy the property, no rental, then no fully paid property after 30 years, equities = 0

if i buy the property, got rental, after 30 years fully paid, equities = Property market values 30 years later.

Sell the property 30 years later, you got cash, or continue collect rent.... be it in MYR, rather then equities = 0

Maybank stock, 10 years history,

average dividend yield = 6%

Maybank price 2014 , RM 9.80 vs 2024 (Now) RM 9.75 = 0% appreciation
if i got RM 50k downpayment to purchase properties(worth RM 500k, loan 450k 4% interest) vs buy maybank stock , rental cover installment = Yield 4.7%.

Property price RM 500k (0% appreciation, balance loan RM 367k , Equities = RM 133k) vs Maybank Stock + dividend 6% CAGR 10 years = RM 84k

so conclusion, property with 4.7% yield Equities build RM 133k > maybank stock 6% yield Equities RM 84k.....
Ok next question is can the property price sell at 500k? how bout other cost quit rent insurance chase tenant payment etc etc...... if RM 133k vs RM 84k, i will rather busy chasing tenant and make payment for quit rent insrance etc etc...

About sleep and take it, how many ppl really buy stock and ignore it for 5 10 15 20 25 30 years? yes if u buy bluechips banking stock maybe can...other stock how? buy and close eyes i dapao u bleed till dead....

wtf u play more cheat then me.....

i take your stock portfolio and borrow more to buy more property lo like this =.=......
Serious note is your business loan 500k 4.25% calculation doesnt work because u shud use 7-8% to calculate........

true indeed...why this discussion started because u play down properties investing....so i have to use figures to stand it up....

I'm not saying properties >Stock, but i just felt that equal & fair scenario need to be illustrated for comparison purpose....

i'm not against you. i'm only against people who talk bad about Malaysia the country where they were born in

then why hold ringgit? i have portfolio both in and out of malaysia the reason i invest in Malaysia is because dividend is not taxable at 2 levels and i need the passive to replace my active income.

Just asking, is the taxes for those dividend earned can offset the depreciation of myr in your malaysia investment?

BTW, is dividend earned from fsi exempted from taxes till end 2026?

Yea but it also need to have some sort of growth element. stagnant dividend is no use. For a company to give increased dividend. It needs to be able to have increase cashflow over time.

It's difficult for me to explain in detail maybe another day

what you say its a fact but why you don't do it to the fullest? why still earning ringgit?

What is the best currency to hold as I am thinking moving away from MYR at the moment?

The easiest (not necessarily cheapest) is to open an HSBC Global Currency Account. This is available if you are an HSBC Premier holder

I checked the rate for HSBC and it is kinda high. I am checking out MooMoo now as I might want to invest in ETF or US Stocks.

I'm not gonna go down the road to continue this with you , pointing out flaws etc since it's way out of the topic of this thread.

All i need to tell others here is don't get intimidated by your seemingly knowledgeable talks.
There are people in the field who knows exactly what you're talking about and you're not entirely truthful as well.

But i'll leave it at that.

Just hope you can be more respectful and humble to some professionals in this thread.

bye

Wise vs RHB multicurrency to IBKR which one is cheaper ?

The saved money is NOT gone.
Just that you need to allocate that "saved" money into other places...
It is also taken out from your budget.

This is great rule of thumb....

I used to be very strict with my expenses, but I understand sometimes need to enjoy life as well. The key is save enough to invest well, NOT to save too much till your life becomes miserable.

But the 50% rule is great!

what % of saving do you mean when it comes to sacrifices.

again, i say saving a lot is good, make sure not to eat white rice and soy sauce every day only, for the sake of FIRE. still maintain some things in life that you enjoy doing.

Need to tell that to all the girls i date with... 

They will said need to experience life. It is worth to chase it.
😁

They did. That is why MDRT, TOT, COT appeared.

Title of honour in circle of insurance filed

It's more like zero... No property, no business, no asset lol...

keep it up. in life, it's not a linear growth, sometimes you can struggle for 10 years then 1 year makes all the difference.

i was a typical 4 digit salary person 4 years back, trying hard to save every penny. now, im financially free but still trying to hit 7 digit in epf (you don't have to believe my fairy tale story)

regardless of anything, the basic prudent saving, self learned financial knowledge, conviction, are all required.

Hey tell me more, I believe fairytale story one. Coz I also do have successful friend that go from 0 to 6 figures monthly without need to do anything