@SKY 1809,
Yes it is linked but should we want to delve further into it, why not start something fresh so that people do not lose out and get lost!

So what if I'm lacking in financial planning knowledge/short-sighted - it's my life and not yours [in other words, none of your business!]

this topic still alive? lol

I think u misunderstood what is moderator and what is elite.

Ya , it is true u may not want or need to know the risks concerned , but many others out there do.

Things they may not be aware of , it is my basic rights to awake them.

I hope I do not come to another BN controlled media as well.

Bye

This post has been edited by SKY 1809: Apr 9 2013, 12:02 PM

@SKY 1809,
That's exactly my point - others want to know but when it's discussed here and not in a specific thread, others lose out! *doh*

Don't know Y people here are so damned sensitive these days; I'm outta here!

LOL!

I long time no post, better respond to topic b4 spam here:

Age: 32
Occupation: Manager
Marital Status: does it matter ? wife and gf also asset , lol


Asset(s): or Liability ?
Property: current value
1. RM52K Outstanding Loan: RM 30k, 30yrs?
2. RM36K Outstanding loan: RM 19K, 25yrs?
3. RM36K outstanding loan: RM 18K, 25yrs?
4. RM41K outstanding loan: RM 27K, 30yrs

Car - depreciating asset? lol
Market Value: RM 9k Outstanding Loan RM 7k


Liability (ies):
Study loan: RM15k, bcoz BN i donwan to settle.

Insurance:
Life: RM50k
Medical: RM15K

Investment:
UT: RM2k
Bond: RM1K

Cash in hand
RM10k

Really if I to be suspended .

I feel it is really worth IT if I have awaken someone.

Set Joke aside.

wat does tht mean ?

I oso spam....

Age: 50
Occupation: G Manager
Marital Status: does it matter ? wife and gf also asset , lol my ma oso got asset
Asset(s): or Liability ?

Property: current value
1. RM500k Outstanding Loan: RM 140k, 10 yrs
2. RM550k Outstanding loan: RM 0
3. RM2.5m Outstanding loan: RM 0


Car - depreciating asset? NO car..i take Bus
Market Value:


Liability (ies):
Study loan:

Insurance:
Life: RM1.2M
Medical: RM50k pa
Accident: RM2M

Investment:
UT: RM250k
Equities: RM1.2M
Precious Metals : RM1.3M

Cash in hand
RM500k

EPF: RM1.35M

Total Asset: RM8.15M

Total Liability: RM140k

Net Asset: RM8.01M

Wow! 1.3M worth of precious metal! Gold or silver?

@newbie99,
Wife's jewelleries

WATCHES

Wow.. So much jewelry! Enough for 4 wives!

Depend which wife... if R_sm_h.. not enough.. minimum RM 24 million diamond ring....

Wow 8m net asset


What is an average net worth for a 22 guys?

Oh, you are age 50 .

Once your net worth reach RM1 million, then to get RM8 million should not be a problem. The 1st million is always the most difficult.

er.. i'm having one heckuva forseeable pains getting to $8M within 10 years leh bro.. U sure no probs kar?
In theory or practice?
Can share some insights?
Other than usual live well below yr means, invest the rest and have good risk management i mean.

I thought I am doing Okish.....

I better dig a hole and hide inside

P/s : We need a "loser" club thread

This post has been edited by Halamdar: Apr 9 2013, 10:16 PM