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 Personal financial management, V2

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cranx
post Oct 11 2010, 03:17 AM

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QUOTE(lucifah @ Sep 27 2010, 11:13 PM)
for 3 minutes, just ignore the blue tag

i'm currently nearing my thirties. what i do and how much i earn shouldn't be important, rigth?

currently,

1. i maxed out my ASB investment
2. HP repayment about RM 800, another 2 yrs left  <-- my only liability, currently
3. property loan repayment = RM 2k per month, 9.5 yrs left

i've been saving almost 60% of my salary. my ASB goes from zero to max within 5 years.

i don;t desire many things but i still do spend normally - a new phone every year, this and that, fine watches, bicycles, gadgets, etc etc

now my big problem: i just don't have any idea what else to do with the money. pls help.

atm, i just dump my extra money into ASM or ASW which earns me about 6% return annually.

and to quote from a popular pop song "i wanna be a billionaire, so freaking bad... bla bla bal bala bal"

and oh yeah. i'm single. w/o insurance (never believe in insurance)
*
looks like you are on a 5-digit monthly income.
be more adventurous and go for some high risk investment. higher the risk, higher the returns brows.gif

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