Aiya want to fake, also please do proper calculations. Don't go and live your fantasy behind a nick name.

With your 16million of property, you are generating only 300k of rental, about 1.875%, less than FD. For your 13 million loan even at 4.5% interest rate, at 45 years paying back, will cost you 56,000 a month. If 30 years about 65,000 per month.

This thread is all for those who want to live the fantasy but do not have the means to do so. Go day dream somewhere else. If it is real, you are one of the worst investor I have ever seen.

This post has been edited by gark: Jan 25 2011, 10:39 AM

Bro, thanks for your feedback.

If you read properly, i didnt say all my props are rented out. Not all investments must generate 10% yield like what some forumers aim for in the prop thread. There are also investors who invest based on capital gains (read landed or land) whose yields can be <2%. Also, dont u need a roof to cover your head? Obviously your own stay property will not generate income.

If you are a property player, you will also know some purchases made in the past 1/2 years are under DIBS. No instalment is payable until completion. Again, did i say all my purchases are sub-sale and instalments start immediately?

Chill bro, this is just a forum. Am just looking at feedbacks.




OK just saw that you mentioned I am a bad investor. Care to share how you would do things differently?

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Added on January 25, 2011, 10:53 amYes its all in MYR. I have the same plan for retirement, ie income must cover expenses. Hence if I m really going to retire, i will have to liquidate all the props (except the own stay one) and invest in high yielding condos and safer investments.

I seem to think that the cash portion is on the high side, but i do not believe now is a good time to park money in the stock mkt (Bursa anyway). Anyone has a better use of this money? So in essence, its now indirectly being used to pay down the loans, hence indirectly yielding me 4%+.

This post has been edited by 126126: Jan 25 2011, 10:53 AM

since we live in fantasy behind a nick name, coz do not have the means to do so
while we wait answer on how to be a better investor from the non day dreamers
imo, with ur financial capacity, y not look for professionals? instead of coming to lyn for something diff

understand land is for long term & not for rental income along with own stay property
is ur ut under pubic mutual? then they would hav advisors to guide u
y wanna retire/ liquidate all props? when everything is moving along ok?

since there will alwiz be good & bad days, save in the good days
& dip into ur savings during the bad days, u never know when it cums
when it cums, this is where ur reserves & savings kicks in

ur cash portion is on the high side & do agree tat now is not a good time to park money in the stock mkt nor invest in selected overprice area for props
u oso mention safer investments. it seems u hav taken the risk in ur buss & now just want to play safe, conserve, protect & grow ur hard earned cash

if tat is the case, y not consult ur ut & insurance ejen to structure sumting safe & less risky
can oso go for asw, bonds or jus simply buy bursa blue chips when market gostan
y not consider invest prop in uk or australia in the near future? got some international real estate co around

This post has been edited by sulifeisgreat: Jan 25 2011, 04:15 PM

Came here because i have seen some good advise given by forumers.

My UT is very minimal. Around 20k from those old days when we save whilst we are still kids. Amanah saham etc. the rest are on foreign currency FDs. I personally do not trust UT consultants. Why? Because they all have vested interests. They want you to invest so that they can take a cut from you. Which is why if i buy shares, I buy directly from the stock mkt. I guess the same can be said for insurance agents. Actually i dont have much insurance at the moment. premium max 5k per annum. I believe possibly the type of insurance i need to buy is perhaps health insurance? Pls correct me if I am wrong.

You are absolutely right on the Bursa blue chips. I believe u cant go wrong when the index is way way down.

I have read about professionals who supposedly give sound advise on how to invest. I do not know how good these ppl are, but if they are so good shouldnt they be practising what they know instead of charging you to teach you?

yes, as can be seen by those professionals promoting brokerage/ ut /futures & etc here, but not providing a sample to show us how good their servis are
tat is y I oso dun trust those ut or insurans or will writing ejen, but after meeting many of them. I pretty much hav an idea how to structure my own plans. do use them as a sounding board coz u really need to structure ur finances, so tat ur cucu wil hav a smooth transition. the cut they take is unavoidable, its part of the planning process

ur insurance plan seriously hav problem do u have will writing done too? its all part of estate planning. all the ejen do hav vested int but do use & compare a few of them with no obligation. the faster u clear off tis issue, the better. then can put ur mind at ease

if u had invested in some foreign currency fd just for the interest, r those currencies going up/ down?
if its for kids education, then its fine. imo, prop there is better than cash. coz its riding the inflation well so far.
disagree with dollar cost averaging market wil alwiz go up & down. down just enter ut la, if up, leave it alone

anyway, it would really be interesting to hear professinal advise coz we r from customer pov, but where r they?

I have yet to see a good UT/insurance consultant. So far those i have met have not impressed me. Maybe it also has to do with the standards I expect from them. Some of those fellers are all showy, nice car, nice watch, nice everything, but knowledge is zero. Will is done but insurance bit i do not think its inadequate. Maybe you can enlighten me on how much insurance i should buy and why so?

Foreign currency has given me some small gains, particularly AUD. The rest are performing so so only, esp GBP and EUR, since it has dropped, but climbing up again.... Overseas prop to me is similar to Malaysian prop. At least i m familiar here. Over there you need someone to monitor for you, maintain, etc. Not easy unless you travel there often and know everything inside out.

I think u r not able to retire yet. You net asset is less than 7m, each kid will suck u dry 1m for their tertiary education (if you want to give them the best). U keep a lot of cash, why? For business use? Use it on something with higher return. And why invest only 40k in stock market? You are still young and u should be able to tolerate more risk. Dont confine yourself to Bursa only, look at other foreign markets, like China, India, Indonesia, Phillipine etc.
For comparison, i have about the same as u in net asset, and slightly older. Since i am still healthy and i can tolerate higher risk investment, 1/2 of my asset is in stocks, 1/3 in properties, the rest in art pieces. I keep minimal cash, just enough for 6 months.

hmm... can't giv much hint to help out those ins ejen, coz dun earn any commission but it'll be along the lines of keyman & endowment (but u r aware tat ins co uses our premium to provide loan to sme & etc. they oso do share mkt investment themselves, they eat the big profits & giv us the bits & pieces to make us hapi

my ejen likes to buy endowment for herself, once a while, ge will come out special plan but paying heavy upfront premiums. but then can enjoy the benefits many2 years later. I oso ask her, y dun invest share mkt or prop instead? she say she is takut & prefer safe & steady instrument. so it depends on one's own risk appetite

now tis is a chance for the professionals to show their skill without the fancy items to impress us & for the overseas prop, isn't there any ejen to handle tis? eg. marc residence foreign owners, allows marc to handle tenants for them with a comm

Dont go for those UT consultants. I have not met a good one either. You are considered high networth person. Go for those dedicated fund made for high networth people, those that require at least 1m to join. You pay them 1% fee, and they do take profit sharing from u if the fund performs above certain percentage, eg7-8%. More motivation for the fund manager to do well! There are a few of these funds around in Malaysia.

The other way is to join private banking. They can give u good deals they dont give to public, etc private placement, IPO. And they can arrange for u to meet companies CEO locally and overseas, so u can talk to them and ask them for private placement, and maybe who knows, getting privileged information..

This post has been edited by newbie99: Jan 25 2011, 05:17 PM

u mean icap izit? (not the bursa listed) but those for the private investor profile
might as well invest in hedge fund in usa, they can do shorting & their comm is way much higher than puny 10%
since market is way too high now

icap is one of them. Hedge fund can be dangerous, and u have to know it well. Usually they are very secretive with their operations, and that's why i avoid them. Some of the funds in Malaysia which invests overseas are done by very good financial analysts who also managed their own personal funds. A small number of them give 50-60% return the last 2 years.

high risk high gain ma... the last 2 years, equities market was in an upward trajectory
imo, the coming many months/ years the bear will rule, mus hav patience
wat goes up mus come down, dunno when, jus sit n wait, ensure got bullets & guns ready for opportunity

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Added on January 25, 2011, 5:29 pmif u r a risk taker, then I am sure ur frenly private banker did not recommend facebook shares to u
do u want to hav a piece of facebook ipo? if u got the money, go invest there & can even exit b4 it is listed
http://www.sharespost.com/

This post has been edited by sulifeisgreat: Jan 25 2011, 05:29 PM

haha.. facebook? the ipo is going to be huge? big elephant cannot run! look at Petrochem!

in bolehland, many shares really kenot run
http://www.allfacebook.com/facebook-soars-...auction-2010-12

u remember google, any idea now how much vs then?
http://www.businessweek.com/technology/con..._5797_tc024.htm

ok la, we let the guy decide, coz he now info overload
u got any international real estate ejen to guide him?

Yes still far away from 7m. However, i seriously doubt I will allocate 1m each for their education. I am a firm believer in educating them the right way, not the expensive way.

I think i keep too much cash too. Not savvy enough to invest them. Which is why i am still learning. Read loads of places where u earn 30% upwards pa on certain investments but i believe the harsh reality is u dont earn this much. Ppl tend to tell u stories of their best achievements and mask those underperforming and lost making ventures....

My experience with private bankers, again, not too rosy. They seem to know some of their product well but most products are not right for me. again, some of them have vested interest so i always take their advise with a pinch of salt. Where can I learn more about investment for HNWI? 1% is alright as long as performance is there....

Wow collector of art pieces. Well done!

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Added on January 25, 2011, 5:54 pmThank you for your helpful guidance so far.

Will explore these oppotunities. However, am not keen in overseas properties. Already too much on my plate over here and seeking other ways to diversify my portfolio to be a more rounded one.

This post has been edited by 126126: Jan 25 2011, 05:54 PM

Here goes mine, pls comment:

Age: 48
Salary: 350k p year

Properties: 2.5m (no loan)
Cash: 500k
Rental income : Approx 45k p year
Preciousmetals/commodities: 2m
Stock mkt: 1m
EPF: 1m
Insurance- Accident-2.2m.....Life......1.5m.....hospitalisation

2 kids- 16yrs & 12yrs

i need to provide 1 m each for their education.

Hows my portfolio?
Can i retire by 56 yrs old?

TIA

Uncle, u are planning to send your kids oversea to further their educations? If local, i think not need 1m, probably need like 300-500k for medical course.

Yes sonny. Uncle plans to send them overseas as Uncle do not trust the acrreditation of local Unis..

May I know how you invest 2m in commodities?

How come sooo many high networth ppl around lyn??? Sumore dunno bout private bankers or wealth mgmt???
I never heard of businessmen with lotsa epf nor 20+ yrs old with lotsa epf???

I think bankers will contact u personally (like visit u in your office/ home)to offer wealth mgmt services if u have RM500k in your account or draw salary of RM50k per month

This post has been edited by rakyat: Jan 26 2011, 03:20 PM