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 Tropicana Gardens, Kota Damansara, • The Brighter Side Of Life •

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Steven83
post Mar 13 2013, 09:48 AM

On my way
****
Senior Member
595 posts

Joined: Mar 2006
QUOTE(tikaram @ Mar 13 2013, 08:59 AM)
I asked my neighbors who is  foreigner ( none asian)

None of them investing in malaysia property.

I further asked why?  They reply is. They will only buy property in country that proven "wealth protection" . Example Paris, London, bangkok.

So what my neighbor said is very true la. Malaysia is not on the list bcs i myself also think country below property can protect my wealth better compare malaysia in long term.

1. Spain
2. USA
3. France
4. Portugal
5. Italy
*
what is "wealth protection" ? Mind share a bit about it biggrin.gif
Steven83
post Mar 13 2013, 10:05 AM

On my way
****
Senior Member
595 posts

Joined: Mar 2006
QUOTE(tikaram @ Mar 13 2013, 09:53 AM)
wealth protection is for wealthy people to protect their wealth in long term. So that they can pass down to their children and at the same time beat inflation 2% or 3 % as time goes.

Usually these wealthy people put part of their wealth said 40% in property. The rest diversify to other areas.

My experience, Wealthy people usually will buy in london paris miami bcs history proven that these areas house price offer great protection in long run.

But malaysia or asian country,  Sorry to say not in their radar la.
*
agreed. Msia are not one but temporary only.

 

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