i have nothing to worry

yup.

sure thing, do share the result ya

This post has been edited by lamode: Dec 26 2016, 12:04 PM

Well Done...brother ..

One thing ..to get the timing always right is not so easy..and yet u make it right ...

Some say Cash is King, and some say Cash ( RM ) is a fast depreciating king...it is a double edged sword ...if u are not careful...

This post has been edited by SKY 1809: Dec 26 2016, 12:31 PM

not exactly man, shouldn't have purchase the prop last year, the expected completion time is 4 years or 2020 as SNP only signed mid this year, which is way too long

Property investment can be planned as a hedging tool since Cash i.e rm depreciated 45% over last few years..and soon inflation would catch up ...

Then comes the time when people are really panic of holding too much " toilet papers" aka CASH ..then property investment becomes Safe again.

Inflation of up to 500% do happen in some parts of the world now..just google for it..

if inflation is 500% ..holding cash or property , which one is better

This post has been edited by SKY 1809: Dec 26 2016, 12:54 PM

20% net profits, calculated by "what formula" ya?

Cash parking inside financial vehicles is okay la, that's also cash depends on liquidity. Unlike property, very very very illiquid. Unless those money park inside flexi mortgage to offset interest.

for a pure investment point of view, not all prop are created equal

Cash can be parked into a listed company holding a lot of cash ( Us $ ) and foreign US $ assets too...just another one way..many others there..

And the co can be making good profit ...

This post has been edited by SKY 1809: Dec 26 2016, 01:10 PM

If inflation rate is elevated e.g 500%, property is one least desirable investment.

depend on yr gearing lah ..if yr flexi loan is 500K ..with inflation at 500%..u owe less , if u have a Plan B ..............

Brother,,,depend on how good u plan for...if not u just plan to fail...

gross gain (the diff between purchase price and sell off price) minus expenses as tax, agents fees, bank interest & fees, legal fees, and misc.

Don't want liao, BAT also can die hard. Better goreng penny stocks, (for my appetite la).

Like Argentina, valuable becomes valueless and then bankruptcy.
How to overcome this? Ayam got exit plan liao lo, training football skill at least as good as tevez and go to play in China League. Would be richer than any property taigor.

6 figures

Having assets alone would not make one bankrupt lah...debts would ...

Has anyone made bankrupt in the world for holding cash only..with no debts..

People with lot of cash knows..what is diversification before major crisis comes ..just by pressing some keyboard buttons..

This post has been edited by SKY 1809: Dec 26 2016, 02:03 PM

U have phobia more than dreams..yr choice..lor

Would've done better just holding on to them for longer. Seems like a lot of trouble to me, this strategy is like trading stocks. Except there are many other transaction costs to go through and not worth the hassle.

I bought my first prop at 24, 2nd at 25....just sold first one 6 months ago after holding for 6 years for gain of about 70% ROI not including any rental returns. 2nd one still holding since rental is good and area has potential.

Are you completely in the property game? If so, then your strategy is good but try to diversify a bit...property is not always up as you can see these days. They say 'diversifying is for ppl who don't know what they're doing' which is true to an extent....so its best to be good at at least 2 investment vehicles. Commodities? Stocks? Whichever you're more comfortable with. I stick to property as my medium/long term investments (5y holding period at least), commodities also medium/long term (physical silver bars, gold trading long term strategy) and 3-4 European/American stocks on my watchlist.

I feel putting everything into property is heading for a big problem sometime in the future, you never know when property is no longer a viable option. Especially with how developers are just building building building all over any free space, since the governments are getting a nice commission out of everything they dont give a damn about oversupply.

Good sharing ..Brother..I like ..

Bank loan interest rate track inflation rate, loan interest rate will rise with inflation. Unless income could rise inline or faster than inflation rate, many borrowers will be in default. Almost any fixed assets include property could hedge against inflation provided is fully paid off.

Buying property or any assets with borrowing to hedge against inflation is like walking into a lion den.

How do u know what is exactly the " Plan B" .I mentioned earlier ..and. executed ? and money dumped back to a flexi loan ?

Flexi Loan with a zero balance makes the asset "a fully paid asset " , yes or no ?




This post has been edited by SKY 1809: Dec 26 2016, 02:28 PM

This post I like. Laying down the reasons of your thinking.

For me, I'm heavy in properties because
1. I failed in stocks, big time
2. I don't get much results in unit trusts
3. Other investment types (option, forex, the sophisticated type) I have the gut of ayam 😅

Reason for 1 and 2 was due to itchy fingers, i.e needing to keep trading (kena burned big time).

My first property (not the one I am occupying) was make not really for investment reason but to stop me from quitting my job (yeah, it's kind of funny looking at it now). Good thing was that I did proper research, so even though the headline showed property was down, if I were to sell it now, my ROI is expected to be 55%. Not fantastic but considering I bought at the peak 2013, I'll take it).

So it's going back to each investor's purpose and with due diligence and foundation (I have a 25 months worth of emergency fund), am sure everyone who takes calculated steps will be in better position.

With households debt at elevated level and 3% of adults have over us$100k net worth, how many borrowers could have zero balance at flexible loan?