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Investment GEN-Y, WILL YOU BUY & INVEST PROPERTY IN 2014?, More and more Gen-Y buying their first

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TSaccetera
post Sep 10 2013, 11:34 PM

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As mentioned, I'm Gen Y and co-founder of PTLM and blogger at Patchay.Com. About 150+ property threads here are started by me. LOL

First off, I'm an employee in accounting line. Not a realty agent as many would have thought so.

In accounting line rat race, you are rather more passive and conservative in investments. But not me, as I've used some savings to buy properties using the incentives that are available. Currently having two that are under construction. The first bought towards the end of my 2nd year at work which is 2011. Both in PJ.

Not a flipper but an investor that believes property investment is part of financial planning that can supplement the employee income. Yea, buy properties that are rentable and that you think > your instalment. Do not over leverage.

Please live a wonderful life and do not put all money in investments. Have a life too! And yea, I'm single and available... biggrin.gif

This post has been edited by accetera: Sep 10 2013, 11:37 PM
walle
post Sep 10 2013, 11:56 PM

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Wah..many young gen y buying props..me also gen y albeit earlier version..haha..guess 2014 will be hard to target new development market for me (if new ruling turn out real in budget 2014). Will turn the focus to increase rental (oil increase mah) and subsale if so coincidence flipper turn cautious and dumping newly completed to market due to more supply in market. tongue.gif
walle
post Sep 10 2013, 11:57 PM

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QUOTE(LCL01 @ Sep 10 2013, 11:38 PM)
Which firm u r in? How come u r so free to create thread everyday.
*
Oouch! Lol
TSaccetera
post Sep 11 2013, 12:08 AM

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my threads normally come in the morning, lunch time or evening times...
noblebaby
post Sep 11 2013, 12:11 AM

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U need to go out find gf rather than spending time in forum. We old man with family no problem lol

QUOTE(accetera @ Sep 11 2013, 12:08 AM)
my threads normally come in the morning, lunch time or evening times...
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KOHTT
post Sep 11 2013, 12:15 AM

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QUOTE(noblebaby @ Sep 11 2013, 12:11 AM)
U need to go out find gf rather than spending time in forum. We old man with family no problem lol
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After got nice properties then gf will come naturally. biggrin.gif
TSaccetera
post Sep 11 2013, 12:19 AM

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QUOTE(noblebaby @ Sep 11 2013, 12:11 AM)
U need to go out find gf rather than spending time in forum. We old man with family no problem lol
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Got female supporters from this forum too. tongue.gif

OK back to topic please...
AMINT
post Sep 11 2013, 12:20 AM

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QUOTE(KOHTT @ Sep 11 2013, 12:15 AM)
After got nice properties then gf will come naturally. biggrin.gif
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Gold digger as wife = takut woo
kamilnu
post Sep 11 2013, 12:25 AM

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QUOTE(KOHTT @ Sep 11 2013, 12:15 AM)
After got nice properties then gf will come naturally. biggrin.gif
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Properties are not chick magnets....your ride is.
noblebaby
post Sep 11 2013, 12:25 AM

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Now the female also hav vry high earning power. They may hav more properties than male lol

QUOTE(KOHTT @ Sep 11 2013, 12:15 AM)
After got nice properties then gf will come naturally. biggrin.gif
*
DrPitchard
post Sep 11 2013, 12:33 AM

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QUOTE(kamilnu @ Sep 11 2013, 12:25 AM)
Properties are not chick magnets....your ride is.
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Ride is the magnet for chicks without brains
Property is the magnet for chicks with brains

True
AMINT
post Sep 11 2013, 12:38 AM

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QUOTE(DrPitchard @ Sep 11 2013, 12:33 AM)
Ride is the magnet for chicks without brains
Property is the magnet for chicks with brains

True
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Actually this is true, you know. I came across a few girls who wanted to meet me becoz of my properties. I also get turned on with girls that have many properties. This is my honest feeling. Lol
uniglo
post Sep 11 2013, 02:26 AM

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QUOTE(AMINT @ Sep 11 2013, 12:38 AM)
Actually this is true, you know. I came across a few girls who wanted to meet me becoz of my properties. I also get turned on with girls that have many properties. This is my honest feeling. Lol
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Interesting rclxms.gif
FlyingJoy
post Sep 11 2013, 03:31 AM

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QUOTE(accetera @ Sep 10 2013, 11:34 PM)
As mentioned, I'm Gen Y and co-founder of PTLM and blogger at Patchay.Com. About 150+ property threads here are started by me. LOL

First off, I'm an employee in accounting line. Not a realty agent as many would have thought so.

In accounting line rat race, you are rather more passive and conservative in investments. But not me, as I've used some savings to buy properties using the incentives that are available. Currently having two that are under construction. The first bought towards the end of my 2nd year at work which is 2011. Both in PJ.

Not a flipper but an investor that believes property investment is part of financial planning that can supplement the employee income. Yea, buy properties that are rentable and that you think > your instalment. Do not over leverage.

Please live a wonderful life and do not put all money in investments. Have a life too! And yea, I'm single and available...  biggrin.gif
*
Sorry, what is PLTM?
firee818
post Sep 11 2013, 08:31 AM

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QUOTE(lord_drake @ Sep 10 2013, 07:05 PM)
There's nothing to be ashamed of getting parents help. I for one did not have the luxury and had to struggle to buy a property and wished that I could get some help when times are bad. Getting help from your family members does not make you a lesser person.
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Nice comment!
It is good to give a hand esp during hard time...and because of this you solve lots of problems.
KOHTT
post Sep 11 2013, 09:47 AM

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QUOTE(accetera @ Sep 10 2013, 11:34 PM)
As mentioned, I'm Gen Y and co-founder of PTLM and blogger at Patchay.Com. About 150+ property threads here are started by me. LOL

First off, I'm an employee in accounting line. Not a realty agent as many would have thought so.

In accounting line rat race, you are rather more passive and conservative in investments. But not me, as I've used some savings to buy properties using the incentives that are available. Currently having two that are under construction. The first bought towards the end of my 2nd year at work which is 2011. Both in PJ.

Not a flipper but an investor that believes property investment is part of financial planning that can supplement the employee income. Yea, buy properties that are rentable and that you think > your instalment. Do not over leverage.

Please live a wonderful life and do not put all money in investments. Have a life too! And yea, I'm single and available...  biggrin.gif
*
Accetera, what is the business objective for PTLM and Patachay.com? Mind to share more abt your company?

By creating and posting property thread and info in the facebook and website can make money meh??

Until yesterday, I was still thinking that you are full time doing PLTM and Patchay.com business.
TSaccetera
post Sep 11 2013, 09:50 AM

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PTLM
https://www.facebook.com/groups/115179435202482/
Martinis
post Sep 11 2013, 10:01 AM

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People naturally feel proud if they save and save for their first own house and go through what to them is "hardship". The fact is, if the situation is such that you are born poor, then you have no choice but to accept it and move forward. But then, after going through the period of "hardship", don't lah think you are a hero because the fact is ....you had no choice and by hook or by crook you have to and you will pull through. I do not see anything great about it. But then, no harm to have a bit of ego boost because of it, I guess.

On the contrary, I see some very rich kids born with silver spoon but carry themselves very well and you can see the values inculcated into them from young. To maintain your humility under extreme wealth is more commendable and hard to do because you have a choice and yet you choose to be humble.


echong
post Sep 11 2013, 10:21 AM

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i'm 23 this year. just bought a freehold townhouse at RM180 psf in outskirt of Klang Valley. Parents helped with downpayment and will rent out the rooms when I'm staying inside to subsidize my own installment.

=)
Rooney1985
post Sep 11 2013, 10:28 AM

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QUOTE(Martinis @ Sep 11 2013, 10:01 AM)
People naturally feel proud if they save and save for their first own house and go through what to them is "hardship". The fact is, if the situation is such that you are born poor, then you have no choice but to accept it and move forward. But then, after going through the period of "hardship", don't lah think you are a hero because the fact is ....you had no choice and by hook or by crook you have to and you will pull through. I do not see anything great about it. But then, no harm to have a bit of ego boost because of it, I guess.

On the contrary, I see some very rich kids born with silver spoon but carry themselves very well and you can see the values inculcated into them from young. To maintain your humility under extreme wealth is more commendable and hard to do because you have a choice and yet you choose to be humble.
*
thumbup.gif Very seldom will you find one of that caliber... biggrin.gif

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