wow. Now attacking ppl bad english.

This is not english learning forume. If u dont understand my english. Can ask wat i mean.

No need do atracking la. It sound bad la. With ur elite status.

learn to type and spell first.

Are U dead above the neck?
I quote U:
QUOTE(tikaram @ Jun 21 2014, 10:58 AM)
Brother u forgot to add. House that u r living is not an asset and the forsee children cost to bring them up until graduate is liabilities.

My response:
hehe - my home, i rent out the rooms, thus does generate income tongue.gif
Children? what to do - our responsibility as parents mar. they didnt ask to be born laugh.gif
at the very least we can do is to grow them as well as we can.
<what, son? U want that Evo for yr 18th birthday? where's my whip...>

Your response:
QUOTE(tikaram @ Jun 21 2014, 01:00 PM)
U r nit consisten. Your children no generate income did not ask he/she to be born
ur motorcar also not generate income. also your car cant / did not ask u to buy wo.

My response:
bwhaha - that's my reality, dont give ar? tongue.gif
anyhow - U do know U just compared living humans VS vehicles right?
gosh.. U serious?

Your response:
this is personal financial mgmt right?

U got to take into consideration if u wanted to be good parents.

once the child born. You have future commiment/liability. N it is confirm one.

if you ignore recognised this commiment. U can have 10 childs. Not give them cloth. Food. Education etc etc. Ler them beg on the street.


Read your own lousy English and tell me U didn't start slinging.
Twit with bad English AND bad financials.
IF one isn't responsible to provide enough, then why bother with financials?
U mean U got into all these JUST TO BE RICH?

This is an English language forum and if U cant communicate clear enough in English without dissing people off, that is MY problem? Twit

This post has been edited by wongmunkeong: Jun 21 2014, 01:34 PM

Thanks. I am retiring ma. My spelling not good and i dont know how to do spell check with lowyat ma.

i have 3 suggestion to you.

Try to learn interpersonal skill. Avoid attacking ppl. It is very bad example to your children if u did that infront of them.

your financial mgmt good. But you still have areas need improvement. I am still learning this despite retiring at 42yo

Learning is continue process. U look like thinking you yourself too smart already. No need to learn.

wah lau wei. If i am seriously like what you said. You can just said i miss understabd la.

No need attacking la.

some mire where did i said. I am rich?

Wah! You not just like to attacking ppl. Also like to win over by saying ppl rich blar blar blar.

Let u win lo.

This post has been edited by tikaram: Jun 21 2014, 01:40 PM

Go look in the mirror first lar.
Bikin tak seperti cakap.
Interpersonal skills? sheesh.. pot calling the kettle black.
42 years old and STILL LIKE THAT? gawd.. i'm so ashamed of my generation.

U can't even comprehend simple English.. sigh..
no wonder U misunderstood what i wrote about children.
sigh..

Can stop the personal attacking? It is enough.

You attacking me continuesly.

My english not good. But i dont put forward fency english like you to win over a discussion intention is to show how good your english is and how bad other english.

This is to discuss about Financial mgmt. If you dont have good points. Try to win is very desperate action.

I continue to say i am not good english and you keep using fency english. Let go to cari forume see who mandarin is good and bad.

and

At least i dont go and attacking ppl like you do

This post has been edited by tikaram: Jun 21 2014, 01:48 PM

Wong seafood

Just in case you still don't know our bro tikaram, everywhere he goes he sure quarrel with people. He normally post in Property Talk. Just go there and you will find his post. When moderators like b00n and cherroy warned and banned him, he will pick on them every time he got the chance. If I am the moderator I also So, I always have fun "discussing" stuff with him. Just happy happy talking to him with some kaka because his comment is also like kaka. No need serious with him one

Did U read yr response which i copied & pasted all together?
U were PREACHING to me about being a responsible parent blah blah
WTFish gave U the right and what the fish do U know about me?
U didn't attack or U just too stupid when swinging fists to understand what the heck U were doing?

ah.. so he's also a "special needs" baka.. oops.. sorry bakas, insulted bakas.
ok - it's on my ignore list, same with the other twit on retirement.

Thanks for the heads-up Showtime

Don't ignore him. He is fun when you need to pass your time. He is one of my favourite forummer in LYN. Especially his mood no good (like today) he will spend time entertaining us

i've better things to do with my time - for my kids, family, friends and fellow forumers asking about Excel and stuff, of which i still owe a few here heheh .

heck, even cleaning drain scum with my bare hands is preferable than letting garbage writing that it wrote into my brain, searing my eyeballs and dislocating logic.

Now i see. You miss understod.

I am just using the "if" example to show the financial mgmt.

I dont intent to do personal attacking. Must be my bad english that i though when put "if" is like "example"

I am sorry for my mistake.

Showtime is part of the cyber bullying group in property section. Together with zoikuim manugibbs etc etc.

showtime name calling me banana.

Attacking me sceretary. Mistress. Etc

Until today still cant proof i am mistress/secretary etc etc despite several request.

Just to let you know your postings are always useful to read. At the same time, you are open minded and ready to accept others' opinions. I have learned a lot from you

Agree.

To add. Can i request sifu wong to use simple english.

It would be great for those not very good english one to learn or understand it better.

This post has been edited by tikaram: Jun 21 2014, 02:12 PM

Folks,

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http://www.esplanner.com/economics/consumption

The book about consumption smoothing...

http://www.amazon.com/Spend-Til-End-Raisin...d/dp/B004J8HXLI

Dreamer

Hi all, I need opinion for family financial standing. (This is quite close to current scenario)

Fixed Income
Salary RM3450 net + Salary RM4220 net + Rental RM4000 (4 units) = Total RM11670.00

Fixed Expenditure
Home Loan (5 units) RM4223 + No Car loan except Expenditure RM300 + Family Expenditure RM3000 = Total RM7523.00

Balance after fixed expenditure RM4147.00

CC o/s RM35k - paying RM2.5k to finish in paying around <2yrs time

Balance fixed disposable income – around RM1.647K

We do work part time that generates around RM1-2k+ monthly and we try to save around 2K monthly for cash

Currently we do have Cash in Hand around RM40K (this is for contingency)

I am looking to buy another Apt around RM160K for rental purposes – RM800-1300

Which I will fork out D/P RM48k, Legal RM8K

Loan RM112K, RM630P/m no issues of getting loan

I have to look for cash RM16K i.e drawing from CC to top up from the contingency monies

By buying the house I will have CC debt increase nearly RM50K in short term and w/o contingency cash.

(I ended having 35K CC debt is due to I purchases apt early of the year for d/p purposes)

After I purchased the unit I would still be able to keep >RM2k a month, but I will need time <2 yrs to built 50k contingency cash again. What is your take on this kind of situation? Will you buy or forgo the purchase…Many thanks

 

1st, I'm a lazy person who don't like to work too hard. So hat's off to you for being hardworking, doing part-work... and working not only for yourself and family, but also for the banks.

I am also lazy to do all the meticulous calculations on owning a property versus just putting money bit by bit every month into a FD (of 4% per annum) and calculate which will come out ahead in 35 to 45 years time.

But I'm sure you have already done the calculations as you have the experience and first-hand knowledge... how much is the interest on the housing loan and card, how much is the fixture and renovation on a new apt, how much is legal fees on the loans, what's the cost in transfer of the strata, what's the legal fees on the memorandum of transfer when the loan is completed, what's the monthly building maintenance fees, yearly quit rent, building and fire insurance, the length of time the apt would be empty before getting a tenant, and whatever else I left out here.

If the calculation tells you that the value of the property plus or minus any yearly rental/expenditure is way ahead of the principal plus compounding interest in the 4% FD in 35-45 years time, then proceed with the purchase.

As said, I'm a lazy person... you may be satisfied with any gains the property has (or will have) over the FD, it will not move my lazy bum off my chair unless it is triple or 12% in yearly returns. Anything less than 10% is too much work when there is a lot of "ifs"... if there is tenant, if the building will not be run down in 10-20 years time, if the building management do its job, if this , if that... and hopefully, if the tenant vacant the apt clean and safe without leaving any body in the fridge. (LOL. Sorry...)

Good luck.

This post has been edited by j.passing.by: Jun 24 2014, 02:00 PM