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

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monsta2011
post Jul 28 2011, 10:48 PM

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QUOTE(bahamas @ May 4 2011, 10:37 PM)
As I don't stay in KL currently, I would like to rent my condom (if i have one).

given the condom prices now,  most of the return (rental / condom price)  is around  5% or less .

I don't see buying a condom is a good choice because many investment can give me a 5% yearly return.
In addition, the appreciation of condoms is getting slow. as a risk adverse investor,
I afraid that i might be the last one "to get on cars"....
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OMG I can't stop laughing thumbup.gif biggrin.gif . I have to say your post made my day! I <3 it rclxms.gif
monsta2011
post Sep 5 2011, 01:27 PM

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QUOTE(prophetjul @ Sep 5 2011, 11:54 AM)
i know..thats why i use average returns per annum is 40%

What you are using is avrage compounded returns which is around 17%

i did 2 years of research on gold in 1999 before i jumped in, in 2002.
Its all based on the demise of USA and its USD.............................
Thanks to Greenspook and his easy credits..............  biggrin.gif

i bought BIG in 2002. Sold out all my HSBC shares and others and plunk them in.
i have been buying every year as my savings allow every year since.
Rode the sold off in 2008 from $936 to $681.......took my wifes savings and plunk in again ...........    sweat.gif
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Aiyo, (my techer once said) average return won't give a sensible value for overall return. Average returns will yield incorrect and artificially high results. blush.gif
monsta2011
post Sep 7 2011, 01:21 AM

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QUOTE(Phoeni_142 @ Sep 7 2011, 01:12 AM)
Interesting thought process....You remind me of some other forumer I know....I mean that in a good way.

I'm curious....you have no properties in your portfolio, if I followed your posts correctly.... Care to share why?
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No la, I remember he said he has two physical props, plus REITs - paper props. biggrin.gif

This post has been edited by monsta2011: Sep 7 2011, 01:22 AM
monsta2011
post Sep 7 2011, 04:53 PM

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QUOTE(Phoeni_142 @ Sep 7 2011, 04:46 PM)
if u have time, pls do log on to propertywtf.com.my
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That place got lots of LYN forumers as well. tongue.gif
monsta2011
post Sep 7 2011, 06:11 PM

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Hard to believe that leh Bonescythe, you seem quite knowledgable on stocks, UT and props. Your net worth should hv been much more than that rolleyes.gif

 

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