IMO, if the guys can borrow 1mil to buy properties today, 1Mil net worth is only a matter of time. As long as one stays prudent in managing their reserve, that is........

it's nice to see a guy spotting this fallacy.. (that prices always go up)

1. it's true that alot of us would like to see appreciation of price in practically all classes of assets that we invest in.

2. unfortunately, this can't hold water in perpetuity.. (even if the argument is based on inflation, etc.)

3. if you read/remember history way back enough.. you'd realized that inflation is just a flimsy arguments. the lost-decade in japan was attributed by deflation, not inflation.

4. properties are good investment(period)..  but is it because their prices always go up? not necessary. it is because they're good hedge for inflation? only up to a point.

the best thing is for you to keep a constant vigil.. because what makes money yesterday may not be a money making asset today (there're economic shifts, political shifts, social/demographic shifts, psychographic shifts, etc constantly at shift)

Dare to dream everyone.
When your dream is big then you will look all the matters are very small.

I see many parents think of getting enough funds to send their children for further studies, or hoping that a student loan or a scholarship would come along, not one who prepared himself for migration, study a foreign language to do so and prepare the financial resources to self-sustain while looking for a job.

Hi ehl,... your question is difficulkt to reply,...depends on where is the U located, what course is being taken, where would the child be staying (eg at the dorm (if can catch a place) or outside the U grounds), etc,.....

cheahcw2003,

<<i dont think we should channel out so much money outside>>

This is based on what kind of reasoning??  I had stated mine.

A) I BELIEVE Malaysia's economy is heading to a crash over the next few years and may NEVER recover.  It is NOT SAFE to keep money in Malaysia.

B) My children are going oversea for education.  That is the LARGEST PORTION of expense that I will have in future.  I do not have any more large expense in Malaysia.  To protect against FOREX risk, my money need to be in oversea.


Dreamer

is this a statement or your comment on what Dreamer said?