oh i see. is there any oil investment thread here?. i just start to like this kind investment too. but anyone still open for suggestion

This post has been edited by praceo_francium: Oct 12 2013, 08:45 PM

u are doing very well!
how i wish i can own a property now, aged 23 =(

Yes there is thread talking about crude oil investment. Here it is.... https://forum.lowyat.net/index.php?showtopic=2841690

If your income is ok, ccriss is leng why not go and pay one booking on one too

This post has been edited by praceo_francium: Oct 13 2013, 03:54 AM

i agree with you too. since im new in all these thing, the thread that he suggesting (CAG) seems a lit bit not appealing to my interest. but, today i will try to study crude oil market 1st. how is the share. if u have any info i am very pleased to read

what ur current profile in investment? any tips? share lorh

boss very hardworking.. if i got rm5m, i will mostly retire.. unfortunately now it's the other way around.. owe bank rm5m

You may be too confident with your government.
RM5.0 million in future is so small and maybe we can hardly survive with that.

Even as at today, you may need > RM2.0mil for a couple to retire. Medical cost is so high and they don't cover when you are 70 years old.

i meant now. rm5mil 20 years later means nothing lo...

i dunno how to invest lo..
now gonna google and learn some..

Well my income now is $5k per month so $10k can cover everything. You don't have to report your income to the stupid government la. Those who are in the 4D income (underground) got report or not?

Off course you dun dare to retire if you got a lot of commitment and driving a ferrari but for those who earn a few thousand a month and only own one house and drive a proton, you give him one million he can sure retired comfortably even taking the inflation into consideration.

You have to know how much that person earning + commitment before he said he can retire. different people different bracket. You go talk to Tony Fernandes and tell him to retire when you have $10 mills, he will ask you kid are you joking?
To them $10 mills is nothing!

You talk so big say hit $5mills Jackpot also dun dare to retire, you basically insulting 90% of the malaysian population.

Tony is nothing. He is one of the crony.

Some are even allowing 80:100 nett income.
Heck if u had 1M cash assets, they allow 150:100 nett income

The retirement sum varies for each Ppl which depends on their lifestyle

yeah, they'll look into net worth

u need find those under market value de property .... u can buy a property without paying a single cents nowadays ...must get a sifu

Nice, inspirational story. Thanks for sharing. I'm into property investment myself, but not earning as much or have properties valued that much. I'm still happy with what I have nonetheless and always strive to increase my wealth... :-)

There always needs to be a starting point. I'm not trying to be too critical of today's youths, but a lot of Gen-Y's seem to be complaining more than anything else. If you take a look at lamode's story and experience, he bought a cheap property back in 2009 at RM210k, which is a 3 bed-room unit. Well, it does seem cheap now, but was it considered cheap back then? If you compare relatively to the early years in 2000, it was already considered expensive. One just need enough courage and conviction, besides enough homework, before jumping into property.

When I got my first property back in 2011, it was a 3 bedroom, 750+sqft unit at RM230k. To make things worse, it was a leasehold property. Yeah, it is considered on the cheap side, if you were to look at today's market, but back then, it was crazy! And I guess that's how one gets started.

I just secured my 3rd property recently at Mah Sing's Southville. And just like lamode, my debt has also increased significantly, for the better or worse. Today's Gen-Y's need to be realistic and not so choosy. I have young colleagues (mid 20's) who are earning around RM5k and yet lament that they can't afford to purchase any property in KV. Besides a hire purchases loan, they have no other financial obligations/debts. And yet they say they can't afford to own a property? If other people can do it, I don't see why they can't.

If today's launches are using future's prices, I doubt it that the future launches will be using today's prices. So why wait? Again, if the motive is clear and outright necessary (for own stay as opposed to rental play), then I think one should jump in.

A lot of wealth creation by individuals are through investment vehicles (securities/share market, business, real estate..etc).... :-)