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

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jojo88
post May 9 2011, 09:21 AM

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Joined: Jun 2009


in these days i am pretty sure many ppl are ended in
ASSETS-LIABILITY = LIABILITY

Even you stay in a BIG house and drive a BIG car, but you are in debt
if you liability excess your assets...

for mine..

age: 33
FD : 122k
shares: 24k
savings ac: 5k
car: 1 year to go rm 900 monthly
monthly salary drawn: 3k net
house: fully paid.

would like to get the concept money grow money but how?
let my shares 24k become 240k??
jojo88
post May 9 2011, 03:48 PM

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QUOTE(cmk96 @ May 9 2011, 03:28 PM)
you hv big ambition...to grow 24k into 240k...i belif only high risk investment like forex or futures can do it...of course, you need to have sharp trading skills for it.... if you can wait many years... buy a freehold property...appreciation rate is based on location.

or... do business  biggrin.gif
*
i am sure everyone also want to have money grow money...
to have ambition is good so that your target could be achieved...
Buying landed property at this point of time seems to be risky and not a good timing
because the prices have been speculated too high over the 2 years.
i heard some said the property price may drop..
not sure if it is true..
i dun mind risk investment with guarantee return...


 

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