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 Investment (Local and International), Everything About Investment

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Mavik
post Feb 6 2006, 04:58 PM

Patience is a virtue
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Elite
7,826 posts

Joined: Jan 2003



How about investing in your children, although your returns may not be in monetary form but its something to always think about right? Can't always be too money minded.
Mavik
post Feb 6 2006, 05:50 PM

Patience is a virtue
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Elite
7,826 posts

Joined: Jan 2003



QUOTE(dreamer101 @ Feb 6 2006, 05:35 PM)
From a book that I read, buy a house for each kids when they are born.  Make sure the house is far away from citiy centre so that it is cheap now but it will worth a lot 10 to 15 years from now.  When the kids finished form 5, if they can study, sell the house and use the money to pay for college education.  If the kids cannoty study, let them keep the house so that they can rent the house out and be a land lord.  It is a lot easy to survive if you live and own your own house.

Dreamer
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Yes that is right. In terms of housing investments, I think there is potential for growth especially in the areas between Cyberjaya/Putrajaya and KL City Centre. The prices are still cheap and it might increase over the next few years. Even several places in Shah Alam are worth investing in.
Mavik
post Feb 6 2006, 05:53 PM

Patience is a virtue
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Elite
7,826 posts

Joined: Jan 2003



QUOTE(eric_guy77 @ Feb 6 2006, 05:49 PM)
Investing in our children is good. But If you think like I invest $$$ on my children. Next time they will give me back $$$...I will say think twice before you do this.

I used to teach quite a lot of children/ teenagers.....I will say not many of them will take care of their parents one.....just my 2 cents.
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To be honest, when investing into your child's future, it is not about the $$$ returns but rather the satisfaction of giving your child a proper education and at least a good head start in his life.

Of course when talking to children and teenagers, what is on their minds? The responsibility and future commitments are not in their minds. Its filled with studies, education and probably future education and of course not to forget the usual stuff such as music, fun and romance. You cannot bank on what you see at that level and then conclude that they will think like that in the future.

I was once a kid/teenager and my thinking then is completely different from my thinking now.

 

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