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

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vergas
post Feb 11 2011, 08:01 AM

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QUOTE(anangryorc @ Feb 10 2011, 07:46 PM)
2.8k.

Actually I was tempted to start a tuition business partnering my friend, but with 5k, chances seem slim.
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You don't need to rent a space or buy much things to start, you can start giving tuition at home, eg your students home etc. Good luck.
vergas
post Oct 3 2011, 05:02 PM

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QUOTE(bursalchemy @ Oct 3 2011, 03:29 PM)
should i diversify some of my fund to public mutual equity trust?

besides, if i take up ASB loan, i have monthly commitment to repay the loan, i can roughly save about rm200/month. what would be the tenure of financing u recommend? will BNM raise interest rate in short term?

if i take up asb loan, which bank will give better incentive? maybank, cimb bank or rhb bank?

thanks for ur advice. =)
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I like what I see. Focus on ASB first. Loan or no loan I think you have a good view already. If you do want to take loan, to minimise the risk I suggest you take the minimal tenure.

You are not efficient enough to grab stocks (since your wealth is still small), but I like your early exposure to it, it show you are willing to learn. Focus on learning with minimal exposure on stock. You have plenty of time as you are still young.

Build a good based with ASB, then when you are ready, you will have both the money and experience with you.

Good luck.

 

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