I wish to leave a footnote here too...
Maybe to recall back after 5 years.

Age : 26
Marital Status : Single (intro me gurls plz)
Work : High class Kuli for gomen
Salary : RM 4.5k

Asset & Liability :
ASM FP 50k
Stock 5k
KWSP 10k

Liability
Student Loan 150k

Salary RM 4.5k, approx growth rate RM 200 per year increment.
Payment to my parents RM 1k
Personal expenses around RM 600 ++
(very lucky for my parents to pay for my car, live in own house and so on)

Monthly net saving can reach RM 2k to RM 2.4k

Target in 2 years
1. ASM reach 100k and let it grow by it's own.

Target in 5 years
1. Start to acquire first rental property.

Funny thing is , i was a winner for stock picking challange in 2015 and 2016 in some competition, but i start to withdraw out from stockmarket after knew it's volatility and my work requires full time attention.

Lmao, "high class kuli this word" cannot hide from LYNster ya ... hahahaha

-delete-

This post has been edited by Haloperidol: Oct 26 2021, 09:20 PM

>>>>>
Update on October 2021

Age : 27
The rest still the same

Asset :
ASM FP from 50k -> 107k
Stock 5k > 8k
KWSP 10k > 29k

Liability :
Student Loan 150k > 140k

Target 1 - completed (faster than expected)
Target 2 initiating - right now scouting for first rental property
Add on Target 3 - building Stocks consist of resillence 40% + growth 30% + high growth 20% + gamble 10%
will start with resillence first (start with REIT)
target 35Y : RM 4k recurring income per year + RM 15k net capital gain (requires around Rm 150k capital if 6% dividend + 18% capital gain )

August 2023 milestone
New chapter : Was the contract Medical Officer that participate in the ePlacement, god bless me with luck and able to transfer back hometown...

Good news : Gotta see my parents more often , no need to fly across South China Sea
Bad news : I need to re-establish my business network in my hometown

Age : 29
Single

Assets :
ASM FP : 107k > 188k
Stock : 8k > 43k (but performance is shit ... in net loss 2k at the moment)
KWSP : 29k > 59k

Liability :
Student Loan , none , parents clear for me (say 20% discount is worth) , and i decided to provide 1.5k cashflow per month to them as gratitude

Target 1 - completed (100k ASM) , in fact, way overachieved
Target 2 - still scouting property ... problem to buy real estate if working place keep on changing...
Target 3 - stock is shit , i buy REITs + Growth , not even gamble and already in red

Current
with 4% ASM rate = 7520 recurrent income per year + 1500+- dividend from stock per year

Venturing into SGD coz MYR is shit , currently owned 3.2k SGD ... target is to have 10k SGD so can get bank promo FD rate 3% instead of current shit 0.3%

Still living like im a uni student
Still single and thanks to workload my time in hospital > home so i just rent a room
monthly expenses around 1k driving a hands down 15yo Myvi

This post has been edited by Haloperidol: Jul 23 2023, 09:43 PM

Wah bro
increased RM140+k in 2 years

gomen drs salary RM80k a year?
u can save so much....
from side income? thumbup.gif way to go.

______________
Reply : Tq

4.5k from gomen slave wage
1.2k from slave oncall
3 to 3.5k per month from working part time (highest gross is 5.5k)
Everyday worked almost from 7.30am to 10pm

Expenses :
550 from room
100 from utility
400 to 500 for groceries + food
200 for petrol
1500 for parents

using the same 4 years old phone
driving the same 15 years old myvi
typing this message from a 7 years old laptop.

That's how my dedication for FIRE.

++++++++++++++++
" m lucky to start invest when I’m in foundation in science. Now just autopilot. " ---

me too. My first stock purchase is when i'm 18 years old
Good old 2012 to 2015 bullride, but during that time, i have no capital at all.
a 100% gain for me is just making 4k to 8k . Nothing biggie.
Then,
KLSE is shit after 2018 AND i miss the bullride during covid , coz i am deployed to COVID ICU.
Everyday when you dealing with death (my own, working in COVID ICU without vaccination, that's almost partial death sentence) , you don't have any shit thought about stock market lol..

++++++++++++
What he meant by FASA 4 is the batch of Medical Officer absorbed.


++++++++++++
Currently, i'm diverting to SGD via CIMB SG .... keeping cash at SGD first, then going to participate SGX or US market via TIGER
It is so pain to see RM 3400 convert to only meagre SGD 1k (using WISE)

This post has been edited by Haloperidol: Jul 24 2023, 08:52 AM

Every since 6th posting of Housemanship in Anesthesia, i was deployed in ICU/OT to provide General Anesthesia service only.
The truth is i want to venture into primary care segment...
Wanna take the AFPM route and go to Aussie.
But ... it is so hard to get placement in Klinik Kesihatan...

Then while i'm waiting to transfer to KK , the more experience i'm in GA (General Anesthesia), the more they force me to stay there...
(you know the story of how short of Anaes Medical Officer, and they force you to stay so the Operation Theater still can running/provide service to the surgeon
Example, there is one hospital LXXXX , there are 7 Anesthesia Medical Officer leaving, hence not enough manpower to maintain operation theater and the Hospital need to stop all Elective case..... and people were damn pissed.)

Now the condition is,
if you say you have experience in GA/Anaesthesia, automatically you will be sent there to provide OT service...

But then looking at MCAI .... that is not the life i want.
Yes, i know how to resus a ABG pH 6.9 patient to 7.35 with compensated acidosis in 24 hour, but that's not the thing i wanna do for the rest of my life...

This post has been edited by Haloperidol: Jul 24 2023, 09:04 AM

=================================
New chapter of my life.
Typed @ 22.4.2024.

Career wise :
#ExitKKM

Regardless of the so called "iron rice bowl" given by the government, i decided to resign due to shitty pay, idiotic bureaucracy, toxic environment.
Letter written to Head Of Department after CNY - resignation letter done and enforced on March 22 2024
Joined a private team on the same month itself.

Previously, KKM salary is quoted approximate MYR 16 to MYR 18 per hour (Base salary + Oncall claims ) ---
You can say now i work less hours, and earn much better bucks - now i'm eligible for certain Visa Infinite credit card now.
(previously slavery at KKM can't even entitled for Visa Signature LOL)

Age : 30
Single

Assets :
ASM FP : 204k FP - done, will let itself roll .
Stock : 41k --- still at minimal loss, small cap is shit, surprisingly banks and TENAGA make good runs.
KWSP : 77k
High-liquidity MMF : approximate 70k
PRS : 6k - just to avoid paying MAHALDANI tax LOL

Target 1 (ASM) - completed , exceed target by 100% - done and dusted.

Target 2 (first property for investment) - scouted, reason for the high liquidity MMF is to prepare the 10% deposit for the housing, estimated completion time 2028, pending S&P signature.

Target 3 (stock) : fuck Bursa, scouting SGX for S-reit and SGD priced securities.


=====
Dooddads
same old Myvi, same old phone, same old Laptop

but i think i gonna do some upgrade on my phone and lappie coz ... it's time. My phone recieved notification that Rize will stop support my phone soon (they gonna support Android 11+ only LMAO)

This post has been edited by Haloperidol: Apr 22 2024, 08:36 AM

i'm a guy lel, why even ask.
GX bank only offers 45k capital interest, lazy to shift around.


This post has been edited by Haloperidol: Apr 22 2024, 09:30 AM

Should go to Sugarbook not Lowyat.net Lol

All Junior doctors now are Contract and KWSP only.
Full stop.
My batch is the last batch that ELIGIBLE for the Pencen system before Mahaidahni government stop it.

I believe im one of the fastest to get permanent placement and i lost out almost 2 thousand per month compare to old system.

I should be UD48 T2 - with 5 years of service if im in the old system, but thanks to contract system, I'm at UD43 with reset service year (only few months old)

It will be my first property
estimated rental 2.3k with price of 535k.
3 BR 2 Bathroom

It will be my home in future with 2 rooms rent out.
I gonna pay 700 for room/lodging anyway, so why not i buy my own house first.

I am the first runner up of stock picker of KLSE i3 investment game.
Just lose to Tan Teng Boo that year.
I can tell you stock is not easy as it seems.
All securities and investment come at risk and insight.

Most important is you need to be comfortable on the game and risk itself....
Dont chase yield if u cant manage the risk...
Afterall, it is not worth to suffer hypertension to chase the potential millions...

Okay time to focus back on this thread itself.

This post has been edited by Haloperidol: Apr 23 2024, 12:25 AM

Flexibility is not an issue for me, just rent out and buy a new one (LOL)
In fact, i think base on my current income, i can go for 2nd and 3rd property as well.
Just that it will squeeze my cashflow tight.

Question, do you think spending extra 40,000 CASH to buy a carpark lot that worth 150/month perpectual is worthy or not ... Hmm.... translate into 4.5% gross yield

Imma gonna go slow, wait for the first project to finish, everything settled ? then go for the second , and third that way.

oh no, i mean, i plan to buy from those who wanna sell to me.
Not developer thou.
I just roughly estimate 40k (30-40k) with projected 150/m , coz that's the price roughly compared to neighbour similar grade project.

Zero.
officially i enrolled in the Pencen system at 2024.
i need to work until at least 2044 to eligible for a small version.
2054 for full pencen.

================
I help my client to make millions from GeorgeKent that year
then another few millions from the Furniture / USD run up moment
then another few million with blessings from Lim Kang Hoo, EKOVEST shoot up when the so called DUKE3 highway hype.
then he lost almost 70% of the wealth generated to Covid dip.

From what i felt,
Quote from TTB himself, he made millions from stocks, but still buy property
Stocks is not for ordinary people because it is "unseen" - you hardly able to touch it
Property wise at least it's "visible" - you can touch, feel it.

This post has been edited by Haloperidol: Apr 23 2024, 10:16 PM

I think generally Greater KL and Klang area... is flooded with new property...
The place i stay ... an island, limited place to develop...
like a damn Singapore....
Recently the yield/rental pick up like fk.

No wonder i always felt my pocket is empty.

today i did my own wealth assessment,
discovered that i put 55% of my total gross income since working towards ASNB ....
*GROSS* lmao.

If considering other investment as well, i invested 77% of my gross income for the past 5 years... (gross means didn't include tax, food, rent , pocket money to parents )

well this is too unhealthy for me...
i think i have hoarding mentality ... aka stingy mentality

Thanks for the acknowledgment.

Not much people have the ability ti earn 100k per month ah, at least not me. I kuli aje.

I was thinking about it , is it unhealthy to hoard like this blah3 after doing the assessment... Well continue to go !

I did the assessment coz mom told me ... Aiya u hoard so much, no point hoard so much eh , gotta spend them occassionally too

This post has been edited by Haloperidol: Nov 13 2024, 05:37 PM