only 0.1 - -" wasting time to talk even

@dr2k3,
Most people would want to make sure the bank is reputable enough though I doubt there'll be any banks in MY that's going to collapse and go bankrupt anytime soon

no bank is going to bankrupt.....atleast i know government will try to prevent this from happening............

if 1 bank goes down....there is a possibility that MY economy might go down as well

@dr2k3,
Yes that is true but when U haf RM3m in FDs U want to make sure they don't go kaput just like that!

lol...what r the chances of 3m go "kaput" just like that ~~~~

if i have that kind of money i would rather put in overseas type of bank than local 1.....example....hsbc or citibank....those 2 r giant.....not like im worrying about local going bankrupt or what .....just that i like those 2 rather than small fry bank =x

@dr2k3,
It's not like the CitiGroup is doing v well worldwide Like I said, there are people with such amounts of FDs ! So our few thousands is realli nothing lah

lol....i know C(stock quote) is not doing well the past year...but atleast i know...if citigroup goes down so is almost every 1 else......"grin"

im not that greedy...only 1m in fd i can retire already

@dr2k3,
When U get RM1m in FD U would want to start multiplying it; trust me. RM1m is really not much these days.

well...if i live like you 1m of coz not enough wakakakaka

but my lifestyle is very simple eat,watch tv,eat,watch tv....sleeep.....next day start all over again

1m 3% is like 30k per year....around 2k++ per month.......now already trying to find a way to generate "FREE ENERGY" so....its enough for me

@dr2k3,
wAhHhHHh.. Are u calling me a spendthrift?!

1million to retire will depend on how old you are now. If you have 10 years to go before retirement, i doubt 1 million is enough. If you are fast approaching retirement age, I believe it would suffice. Don't listen to tinkerbel

@tinkerbel

no la.....what i mean is living in modern life ....friends = money, entertainment = $$ 'grin'

well...i m below 25...i already calculated........1m is enough for me to retire.....inlcuding all possible expenses.....

1m in fd....not 1m cash alone.......

income from fd enough to support daily life still have enough to reinvest

This post has been edited by dr2k3: Jun 26 2008, 12:00 PM

@jeff_ckf,
hMmM... taking sides now huh?! I "play" Office Politics quite well.. U dont' want me to start it here do U?

@dr2k3,
Friends = $? Er.. U sure seem to be in the wrong circle of "friends" then. My friends definitely do not see me as $

This post has been edited by tinkerbel: Jun 26 2008, 12:02 PM

@dr2k3

Enough meh? Hmm...I'm also 25 and I already calculated I would have over a million in EPF but still I doubt that's enough 30 years down the road.....it might be worth like 300k now

@tinkerbel

Hahahah, I believe there's a separate thread for politics, not sure bout the office kind though

@jeff_ckf,
U calculated U'll haf >1m in EPF? WoWzErS!!!! U sure must be earning a lot a lot a lot!

And I'm >25 so I reach retirement before U people do. Plus I'm a woman so I should be retiring much much much earlier [I don't believe in equal rights - the man shd be the breadwinner] *LOL*

Well I didn't calculate actually. The EPF calculator at RHB bank's website did *grins* Btw, stop acting suprised, you must have 1million in EPF already, so quit pretending

Why am I even talking about retirement....I want my LANCER EVO first

This post has been edited by jeff_ckf: Jun 26 2008, 12:07 PM

@jeff_ckf,
mUAhaHAHahAHhaHA.. I don't evenk now if I haf RM100k in the EPF account of mine; I should *shrugs* I don't care how much there is in it because it's not $ I can use now

That is similar to the "forget about it" account I created

@tinkerbel

no la...what i mean friend = $ because friend = entertainment

and entertainment = $
i not say friend suck ur money

i got 1 cousin have plenty of friend......breakfast find friend yumcha
9am tea break find friend yumcha
then 3 am find friend yumcha....

or sometimes friend find him

even tho is sometimes his friend pay ......its still extra expenses

@jeff

lol...because u want things so much 1m is not going to be enough for you

luckily i dont like cars

1m in fd is 2k+ salary per month....not enough?

@dr2k3,
U onli think it's enough because it seems to be a lot now. Wait till U start earning in the 5 digit figures, U'll realise RM1m is realli not that much, seriously!

Y would I want to entertain friends at 3AM in the morning?! *grins* They should be getting well rested.. And, anyone who's able to get me out of the house after I'm in bed must be a v v v v close friend; or is someone I fancy *grins*

This post has been edited by tinkerbel: Jun 26 2008, 12:21 PM

@tinkerbel

I didn't say you could use it I just said you have it


@dr2k3

Wah lao, why your friends so like to yumcha

I admit I like cars but I didn't splurge on them at all (at least not yet). Heck, I even bought my current ride (a Protong) from my mum second hand

Dude, you are talking about RM 2k THIRTY YEARS from now....of course not enough la....even if you were to live life frugally, you would need around 30% of your income. Do you want to tell me that you will earn less than RM 6k THIRTY YEARS from now?