QUOTE(cysun @ Oct 10 2005, 11:55 PM)
Oh then you should read "Rich Dad, Poor Dad" also...
I think you're on the right track kuah, coz many ppl told me, the rule of thumb is that a person should have 18 months salary put away as pure savings (meaning no touch, for emergency + rainy days only). THEN, whateever extra on top of that, can invest - property for low risk and shares for higher risk to have a balanced portfolio.
balance doesn't mean 50%-50%. For young folks, can afford more risk. Older folks nearer to retirement would be almost 95% in low risk aledi.
aiyoh...
i know all this but but but... i never practise oso...
. btw i hv not read Robert's book yet... hahaha... my mother sure
me wan ... 
haha actually i never even touched the book rich dad poor dadI think you're on the right track kuah, coz many ppl told me, the rule of thumb is that a person should have 18 months salary put away as pure savings (meaning no touch, for emergency + rainy days only). THEN, whateever extra on top of that, can invest - property for low risk and shares for higher risk to have a balanced portfolio.
balance doesn't mean 50%-50%. For young folks, can afford more risk. Older folks nearer to retirement would be almost 95% in low risk aledi.
aiyoh...
Oct 11 2005, 11:36 AM

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