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Personal financial management, V2
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newbie99
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Feb 20 2013, 09:52 PM
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QUOTE(WintersuN @ Feb 20 2013, 11:06 AM) Any strategy to achieve financial independance and retire by age 35-40? 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..
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newbie99
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Feb 22 2013, 11:46 AM
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QUOTE(kinwing @ Feb 22 2013, 11:32 AM) Me agree and I am actually investment as a job. Once my investment portfolio reach certain size that to generate enough averge annual return that is twice of my current salary, I will quite my job and be a full time investors. Then investment and fund management would be my own job, although it's on a personal basis instead of working some other fund management firms. Do you mind me asking u your age? And when did your investment portfolio return reach your salary level?
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newbie99
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Feb 22 2013, 12:15 PM
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QUOTE(kinwing @ Feb 22 2013, 11:54 AM) When at age 26, I had an investment portfolio that was twice of my salary, then I took a break to full time study my master for years. After that I completed the program and worked again and continue the same practice and eventually I am here today with a decent size of investment portfolio and this allows me to choose the job that I like to work with. When you said you have an investment portfolio twice your salary, you mean the return is twice your salary, or the portfolio value is twice your salary? If the return is consistently twice your salary at the age of 26, you have my utmost respect!
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newbie99
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Feb 22 2013, 12:19 PM
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QUOTE(tat3179 @ Feb 22 2013, 11:58 AM) Ah shares izzit... Tell me, which companies then do you pile your money in...  ? If they are so "low risks"...explain why so many people get their arse burnt in the '98 crisis...  1998.. that was a bad year for Malaysia, but it also presented great opportunity for a lot of people..
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newbie99
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Feb 28 2013, 03:36 PM
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QUOTE(Gary1981 @ Feb 28 2013, 11:02 AM) We (husband & wife) has not much investment portfolio and these years just saved and accumulated emergency fund of 16 months of our total gross income. All into FD and ASB only. We have one children, and one to be due end this year. My question is: 1.) Do i still continue keep saving or shall i start to invest in shares, properties & etc? Do 16 months emergency funds sufficient for rainy days? You 16month emergency fund is definitely sufficient. I wouldnt keep that much, as if the fund is sitting idle, it may impede your other investment return. Actually if your or your spouse parents can be depended on financially, you may need a lot less emergency fund to start with. Start investment as early as possible, and invest in things you are most familiar with, and make sure your investment has return at least 2x FD rate, otherwise 'inflation' will just eat into all your returns.
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newbie99
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Apr 8 2013, 08:33 PM
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QUOTE(leonhart88 @ Apr 8 2013, 01:51 PM) WTF..average income Rp3 million. work 10 yrs also cannot buy house you know. let's assume they save Rp 3 million/mth, rp 40million/yr. Indonesia properties shot up a lot after GFC, and more so after it regained investment grade in 2012. Property stocks like Alam Sutera, Metropolitan Land have gone up almost 250-300% in 3 years. Industrial estate stocks like Bekasi Fajar and Surya Semesta have gone up 100% and 50% respectively in less than a year.
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