People generally share the success story, how many money had been made through properties etc, yes people did,
but there are people suffering due to high commitment on properties portfolio especially when things turn bad, but this 'suffering story' generally being swept under carpet, which we seldom or will hear.
There are people buying some properties but stuck with little people interested to buy or having difficulty to be rent out.
Not every property is the same, even though properties has tremendously surge for the last few year, there are properties hardly fetch a lot of premium or if calculated carefully, the return rate is not something very good, some even comparative to FD rate only, after deducting expenses incurred, renovation etc.
Locally despite many said oversea moon is brighter, there are still opportunities around for one to make decent living, income around.
The most important is whether one is capable or skill enough.
One may argue got skill but not being appreciated, but in private sector, if one has decent skill, and ability, there is still room for one to strike out good living.
Added on June 15, 2011, 1:37 pmYes, if can strike a good working life and earn decent overseas good.
But whether has confidence or not with m'sia, some (majority) is born here, live here, and mostly will died here as well.
I am not encourage nor discourage people to go overseas, but not everyone has the chance and opportunity to do it, due to various personal reason, condition etc.
So need to make the best from the situation or environment they had.
til date, no one can deny majority of ppl invest in prop made $ over long term. those loss $ is minority. I hv read some thread about bad investments in life, been cheated etc. Thru this forum we can learn from the winners and the unlucky one. There must be reasons why some gain some lose $. I see many ppl are sharing their experience in this forum which is good.
yes, i agreed not everyone has the opp to work in oversea, due to family commitments etc. I just want to share here that majority working oversea earn better salary than msia with the same qualification/skills. some can earn >10x if you have specialized skills needed buy mnc. It is a waste of talents if stay in Msia (skills not appreaciated eg GLC, bank, public serivces). So I always encourage youngsters (especially single) to explore oversea if can, beside higher salary u can also widen your views and knowledge. And many live happily in oversea with whole family relocate. u can decide later if want to return to msia for good, to retire or just migrate.