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 How much is your net worth?, gauging your financial performance.

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dreamer101
post Sep 26 2009, 05:44 AM

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QUOTE(cheahcw2003 @ Sep 26 2009, 02:19 AM)
» Click to show Spoiler - click again to hide... «

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cheahcw2003,

<<To me, feeling upset about this country and migrating is selfish and self-centered. >>

To me, a person that sold out his race and country just for a few percents of dividend yield is selfish and self-centered. He let his money do the talking. His money said that he does not care about his country.

You have voted with your money. Your money say that you DO NOT CARE whether you have been treated fairly.

You are ANOTHER example why Malaysia is DOOM. People that are NATO. They use their money to support 90+% companies that discriminated against them. So, stop BSing us that you are FIGHTING for anyone.

Dreamer

http://atimes.com/atimes/Southeast_Asia/KI25Ae01.html

<< A bigger concern is falling foreign investment flows, as Malaysia lagged Southeast Asia competitors Thailand, Indonesia and Singapore in attracting new FDI in 2008. The release last week of the United Nations Conference on Trade and Development's "World Investment Report 2009" showed that Malaysia experienced a US$6 billion net outflow of foreign direct investment in 2008. That built on the $2.7 billion FDI outflow seen in 2007.>>

<< Capital outflows from Malaysia have continued into this year. Bank Negara's financial account figures showed that direct investments abroad by Malaysian companies exceeded direct investments into Malaysia by 4.9 billion ringgit (US$1.4 billion) in the first half of 2009. Net portfolio and financial derivative inflows were negative to the tune of 22.1 billion ringgit, while other investments recorded a negative 27 billion ringgit over the same period.

"The outflow shows that investors, including Malaysian firms, find investment opportunities not so good in Malaysia and that's why they are moving abroad," said Subramaniam. "The government has to look into why they are not finding it attractive to invest here despite the risk involved in moving their funds abroad." >>


This post has been edited by dreamer101: Sep 26 2009, 06:29 AM
dreamer101
post Oct 7 2010, 07:02 PM

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QUOTE(fifa2009 @ Oct 7 2010, 04:26 PM)
Why you mean by that ? My parents give me money so what.. Maybe you parents didnt did that to you thats why i guess..
My parents give me money so what.. and yet i still complete my Degree in 1st Class Hons and i didnt think i am spoilt.
Even some big company  offer me job to work with them.. My parents are support and proud of what i achieve.

You talking only too much..
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fifa2009,

<<yet i still complete my Degree in 1st Class Hons >>

So what?? As compare to what??

Most people in my generation worked 20 to 40 hours per week while doing their degree. And, they got 1st class honor too.

As per my generation's standard, I do not consider any full time student that do not work and pay their way through college as working hard.

Dreamer


Added on October 7, 2010, 7:08 pm
QUOTE(Hansel @ Oct 7 2010, 06:52 PM)
Thank you, Edyek. You always have the very right to say that you are a self-made man. But, it's certainly harder to do it this way. I admire your courage, persistence and finally your method of achieving success.
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Hansel,

I think you have just insulted Edyek. I do not believe that he would say that he is a self-made man. Behind every successful person is a lot of helps along the way by many people. Nobody is self made. To say that is to be UNGRATEFUL to all those helps that a person received along the way.

In this case, Edyek got his start with KEY SUPPORT from his mentor at the RIGHT time.

Dreamer

This post has been edited by dreamer101: Oct 7 2010, 07:08 PM
dreamer101
post Oct 7 2010, 07:28 PM

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QUOTE(Angel On Fire @ Oct 7 2010, 07:10 PM)
dreamer101,

You obviously have considerable net worth. Mind sharing if you have insurance, and if so what kind of insurance and how much is the coverage?

Thanks.
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Angel On Fire,

I have insurance from my job. Beyond that I am self insured. When I retired, I may buy critical illness insurance.

I prefer to buy insurance company and make money from people buying insurance as opposed to letting insurance company make money from me.

At my level, in most cases, insurance are too little and too late.

Dreamer

dreamer101
post Oct 8 2010, 02:24 AM

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QUOTE(Awakened_Angel @ Oct 7 2010, 09:36 PM)


Added on October 7, 2010, 9:45 pm
Dreamer,

Do you mind to disclose numbers?

e.g. 10million in FD, 500k in Unit trust etc
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Awakened_Angel,

1) P&C.

2) Why does it matters?? I have ENOUGH for my own purposes.

3) You should be focused on how to achieve YOUR OWN GOAL.

Dreamer


dreamer101
post Oct 8 2010, 09:30 AM

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QUOTE(Awakened_Angel @ Oct 8 2010, 08:38 AM)
First and foremost, this is a public forum whereby we all use avatar to hide our real identity. It is not like FB forum whereby I can just click on your profile.

From your post, I just want to see how position your assets as per your financial intelligent
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Awakened_Angel,

I had told you. Most of my money is in these 2 mutual funds:

http://finance.yahoo.com/q?s=VSMGX

http://finance.yahoo.com/q?s=VWELX

Dreamer


dreamer101
post Oct 8 2010, 06:57 PM

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Folks,

I am a 60/40 person.. 60% stock and 40% bond person.

For those people interested in my holdings:

1) VSMGX is a fund of funds. If you can open a Vanguard A/C, you can invest on it.

https://personal.vanguard.com/us/funds/snap...&FundIntExt=INT

1. Vanguard Total Stock Market Index Fund Investor Shares 34.8%
2 Vanguard Total Bond Market II Index Fund Investor Shares† 30.1%
3 Vanguard Asset Allocation Fund Investor Shares 25.1%
4 Vanguard Total International Stock Index Fund 10.0%
Total — 100.0%

It is usually a 60/40 fund. It consists of index funds. The asset allocation fund is a timing fund that move between stock index fund and bond index fund managed by advisor.

You can check the performance on Vanguard or anywhere.

2) VWELX is a low cost active managed mutual fund. It is the OLDEST mutual fund with 70+ years of history. It is 65/35 fund.

https://personal.vanguard.com/us/funds/snap...&FundIntExt=INT


3) A person can open an USA brokerage A/C and buy Vanguard ETF. In those cases, they just need to buy VTI (US stock), VEU (World Stock), and BND (Bond index) to start doing asset allocation...

4) You can construct various version of this Lazy portfolio depending what number of asset classes that you want to follow.

http://www.marketwatch.com/story/five-lazy...io-strategies-a

Dreamer

dreamer101
post Oct 8 2010, 07:20 PM

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QUOTE(edyek @ Oct 8 2010, 07:08 PM)

Added on October 8, 2010, 7:11 pm
Wow, @dreamer101. Impressive. I will check on your link and google more on the details you share. Just curious about the vanguard thingy.
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edyek,

This is a TOTALLY PASSIVE approach. I just do not have time to be actively managing my investment. I focused my time and effort on my job and family.

It is NOT necessary better or worse than what you are doing. It is just a different way.

If I have more time, I probably join my family on investing in Palm Oil plantation. They started a SDN BHD to do this.

Dreamer

P.S.: This is also a portfolio designed for retirement income. Hopefully, in a few years, I can retired and start traveling around. Then, I do not have time to be actively managing anything either.

This post has been edited by dreamer101: Oct 8 2010, 07:22 PM
dreamer101
post Oct 8 2010, 07:44 PM

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QUOTE(Awakened_Angel @ Oct 8 2010, 07:37 PM)
Dreamer101,

Thank you for your sharing, yet, it still puzzels me. Why you invested in USA instead of locals? Why not other countries? China? India? France, etc
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Awakened_Angel,

You DID NOT study what I am posting. Follow the link to learn more.

VTI is the 2,000 largest public listed companies in USA.

VEU is the 2,000 largest public listed companies outside of USA.

https://personal.vanguard.com/us/funds/snap...&FundIntExt=INT

I invested the WHOLE WORLD.

The CORRECT question to you is why are you only investing in a few countries.

I have 5% to 10% on PBBank, VGSIX / VNQ too.

Dreamer
dreamer101
post Jun 11 2011, 08:29 AM

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QUOTE(jphlau @ Jun 10 2011, 02:58 PM)
If you don't do that, you would not improve yourself..
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jphlau,

YOUR GOAL is to improve yourself. So, WHY do you need to compare with OTHERS to improve YOURSELF??

IMPROVE means that you are BETTER than what you WERE versus NOW. YOU just need to compare yourself.

Dreamer

 

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