Discussion is getting heavier

We are here with the intention to share info and make money. So chill guys.

At the end of the day, each has their favorite investment tool. There is no best tool

The best is diversify. Everything also invest

MK Land Holdings Bhd will build more affordable housing next year to counter the potential recession, its chairman Tan Sri Mustapha Kamal Abu Bakar said. http://www.btimes.com.my/Current_News/BTIM...icle/index_html

what do you see sifus? where/what asset to focus?

I just merely shared my personal experience.
I said I vested in mutual funds for 13 years, my conclusion based on my experience is my other investment give me better return. I m not here to inviting debate. You can share your experience as well to prove the otherwise.

About karma thingy, a lot of ppl speculate on stocks also especially fund managers. Not only property, gold, petrol, commodity like rice, garlic also open for speculation, so we can't say karma. If u want good karma then better put money under the pillow.

This post has been edited by cheahcw2003: Aug 9 2013, 11:22 PM

US market closed in RED:

DJIA 15,425.50 -72.81 -0.47%
S&P 500 1,691.42 -6.06 -0.36%
NASDAQ 3,660.11 -9.02 -0.25%

Hi Cheah, I am not to enter the debate, but want to ask ur experience on mutual funds. Along 13 years, how is ur investment strategics? Do u lower or exit the equity fund during downturn? As I learn from some book, if u put ur money in UT without "touching" it all the way, ur profit will be very minimal. It is just like a cycle of earning, lose out the earning, earning, lose out the earning and end up with minimal profit or even no profit.

Bro.. How this book advise on how to maximize profit in UT?

Yarlor semua pun boleh invest:

Gundam sets, Transformer First Edition sets, Rolex vintage, Pu-Er tea, Playboy Vol 1 (oops) and X-men series comics....

Xuzen

Play hobby and make money at the same time ?

But for me it didn't work. I think unless you are filthy rich which has money for those limited edition watches, vintage cars or fine arts (in the tune of hundreds of thousand up to millions), then it is very difficult to make money as an investment

I have some Patek and Rolex. Only if you compare to the retail price then you "think" you made good investment. If really want to sell, the price is very different. Maybe price increase 200% over 30 years ? My wife has some diamonds. Although diamond price increased double for the past 10-12 years, but it is very troublesome to sell. If we put in FD and earn compound interest, we can also double the money in 20 years and triple in 30 years.

So, I treat hobby as purely hobby only and don't expect returns. So I feel better buying stuff that I like

I monitored the funds monthly/ quarterly and switch in between bond and equity funds. As a public mutual gold member, I enjoyed 12 free switchings per year, also for FSM- HK, they also offer unlimited switchings as well.
I would say for the last most active 10 years, I made around 8% p.a. in average only. Not outperform my other investment.

If u check my previous statement I did mention that the rich either made their fortune from real estate or KEEP their wealth in the form of REAL ESTATE. The 2 tycoons u mentioned keeps their wealth in the form of real estates. They own office buildings, houses, blocks of condos, hotels and resorts, land, private jets directly or indirectly. That is why I said no exceptions.

Even MNC like Mc Donald, if u study their annual reports, they do not make much from their franchise fast food biz, main chunk of their profits are from real estates capital gain, they own most of the restaurants they have worldwide. And investment Guru like Buffet has exposure to Mc D' blue chip stocks and also other REITS stocks.

well, this is post of UT , in order to hit 2 birds with a stone, invest am REITS = real estate + UT , LOL, life tortures us everyday , why torture people and urself somemore........

What is ur profit for other investment? 8% p.a. is quite good for UT investment.

go read the earlier post-laah (yesterday's) bro.

Agreed. Property Investment yield much better than UT no doubt, but then property price tag doesn't come cheap, UT is affordable to most of this thread follower.

As I said start from small investment. If u can't afford a RM100k property with 10% deposit, JV with the family members or friends. Pool some funds from others and invest together. U don't hv to buy a million ringgit property for a start.
Or invest direct in REITS, the cost to invest and maintain it is lower with proven/ consistent track records. This is the cheaper way to "own" properties.

I think people went into property for investment because there are some hole within the system.

Property developer tend to cover the interest for you until your unit is fully built. Usually the property took around 2-3 years to completed its construction and during this period of time no interest charge on you. Investor can easily foresee the price of property in penang, kl and iskandar area. So in other words with small capital only and borrow a huge amount of loan, they can easily getting a big earning in it. Imagine with RM50k capital and RM350k loan from bank, they can earned up to rm400k within 3-4 years. Bank Negara already looking into this "hole"

I read an article not too long ago, this investment is actually having lower risk compare to stock market or UT...

This post has been edited by lunarwolf: Aug 10 2013, 09:27 PM

can you share the link of the article ?

I agree property return is higher. But it comes back to the simple and trusted formula - high risk high return. Property unless you buy it for cash, otherwise there is always a liability on the opposite side of the asset. If something wrong happens, then you lose everything. It is possible to get into bankruptcy at the worse case scenario

Whereas UT you use cold hard cash to buy. There is no liability. The worse case is you lose 100% of the money.

It is not fair to compare UT vs property because of the difference in risk profile. Although I prefer property over other investment tools, but I still keep some UT to diversify

Keep their wealth in real estate? Or keep MOST/MAJORITY of their wealth in real estate?

As I mentioned, Gates started with software and has now diversified across a range of companies, many of them IT/technology related. Buffet's holdings include a range of companies, many of them are banking/financial related. Most of these holdings are not real-estate related.

But if you mean it in a general sense (without the word MOST/MAJORITY), then of course, rich people tend to have lot of properties.