Investment is like doing a job really. If you put in the effort to be really good in it...you can get rich.

not really ler.. cos most u can make also maybe 10-20k in a year. that wont really make u rich..

And u need money for investment so its either u r already rich then invest become more rich a bit.

Wat i mean is that it not stable la

Well, look at this way. If you are good in your job and took the effort to get recognised, you skills will be in demand and then you could demand higher and higher salary. And if good enough, start your own business and make millions from then on.

Investment to operate at the same way. You start small, learn the tricks and manage your risks well, and you will do well.

Point is, treat investment like your job. Excel in it and put in the effort, and you will do will either way.

since 2008 during financial Crisis. I start to invest in FD and PM UT equities. The return didn't match the return from Maxis dividend.

My 1st UT in 2006 is OSK- Asian Real Estate & Properties. Subsequence 2007 at Public Mutual then i become agent juz to clawback the comission.
My 1st Stock at BSDREITS and the Maxis.

Now interest in REITS and Telco.

that 1 is investment banker liao.. its different.

cos if u r investment banker, u r already doing your job and get paid >10k every month.. the extra money from investment is like bonus only

Investment banker or brick layer, it doesn't matter.

You must work hard and be the best in your field, so long the field you are in are skilled and are in demand.

Even the lowest brick layer can earn millions by starting their own company and possesses the right skills demanded in their industry. Point is expand your skill as much as possible in your work. The key is knowledge.

Same thing as in investment. You have to study and know and be skilled before investing.

The best investor treats their investment like a job. It takes effort and sweat to be a good and fruitful investor that makes money whether the economy is up or down.

This post has been edited by tat3179: Feb 19 2013, 10:09 AM

Greatest Investment not about money...but ourself....Good touch

Any strategy to achieve financial independance and retire by age 35-40?

I'm also striving to acheive that! What i set for myself, and always told myself, to maximise ALL zones of 'attacks', minimise ALL zones of 'defenses' while i'm still young...And I'm still learning, meanwhile only able to achieve 3x increased in monthly 'gain' compared to previous salary..
But still, it's not easy to achieve, it takes very high risk for you to do that, and also it's at expense on u urself, ur loved ones, ur family!

u go all out on stocks?

work hard work smart. save hard and spend way below your means.. start saving and invest as young/soon as possible.
Invest in whatever u r best at, whether it's property, stocks, commodity..
For me, i invest in regional stocks, and at the same time work long hours. Wait for the day your investment income overtakes your salary, and you should celebrate that day..

my house rm220k. I start heavy money making at 2008- after Financial Tsunami

Good advice.

true ....carrier is one if instrument making you rich. Up to how invest yourself and discpline to go up corporate ladder. The reason you work every day for your company. Work wont made you instant rich your same to investment but with little portion of saving and hardwork.


Sikit lama lama jadi bukit.

so high risk meh !

Beginner best take slow from each step towards greater risk. Not everyone jump to take high risk can get money faster.
Remember what go up can go down and there is no easy money. Same to my investment i bought at Public China Select Fund also been thru of paper loss.

Mind when invest there is no guarantee win,and there is no total fail investment but Require time to reap.

Nope, frankly speaking, not even any on stocks yet
I considered myself not up to Maximum 'attack' zone yet, I just work hard and smart on my current career, take any possible opportunity to learn and upgrade myself, and since then i rarely have any weekend free, i work everyday but only 8 to 5, including weekend..and i think i'd only done 50% of my capability to earn; another 50% which is yet to achieve, would be side-income on my free time at evening hours, as well as making other passive investment options like UT, stocks, property, business...etc, still searching for best opportunity, i believe i can earn up to around 5-6x of my current salary.

Btw, i believe everyone has painful life experience before, same to me..and that's why experience is so invaluable to me; I did some big mistakes after graduated and started to work, like some others, buying a big and cool car, enjoy life, clubbing, travelling, outing for nothing...just to spend money to enjoy.. for years... Fyi, i even threw my fresh cash equal to a new toyota hilux value as 50% downpayment for my first car...thinking back also heartache, what a stupid nonsense i did last time

Until end of last year, one of my close relative needs some cash in urgent, and asking help from me..I was kinda disappointed as I cant even come out with this little cash immediately to help him; after few rounds of transferring money from different bank accounts, only then able to gather that sum and passed to him, lucky in time to settle his problem... Since then, a question triggered me to think, how if my closest family or loved ones is in same trouble one day? what can i offer to help them? how if it's really urgent that it comes to life matter? I started to get serious with my financial managements, and actually 2013 is the new start cornerstone for me as I've planned series of targets for myself, so im just merely a 2months old beginner

I can sleep well, live happily and enjoy my life if i choose to, as my salary is actually enough to cover my current needs. But now, i rather choose to live below par, enjoy moderately, spend wisely and most importantly, to achieve financial freedom asap! And, to enjoy precious time with my family and friends, doing my favourite jobs without any finance worries, how nice would that be...

Just something about my past, for sharing

Your FIRST car cost RM150k and you paid 50% downpayment???
Wow.... But it's ok. Many ppl learn from experience unfortunately... But we keep learning, keep progressing!

Welcome to enlightenment part 1

I have been making more than 10-20k yearly through investments.

I am from a poor family, when I started to work I had study loan to pay that took my few years to clear. Eventually I save and invest for years and build an investment portfolio which is about 10 times of my yearly salary and generate passive income close to 20% of my annual salary.

So you do not have the 1st hand information, and your above statement is only limited on you.

This post has been edited by kinwing: Feb 22 2013, 11:29 AM

I am not a bumiputra and I still hold on my opinion that "There is such thing as high returns low risks" and you ignore it at your own opportunity loss .

Other than that, I agree to your other statement on risk management, at least put in your thought instead saying generally "manage your risk appropriately".

This post has been edited by kinwing: Feb 22 2013, 11:28 AM