on this....can't comment based in just that....

it needs to be holistic,...not based on number of plan......
if only have 1 plan, but if it is holistic than it is ok...
if have 10 plans but if they are just for 1 focused area...then it is not good too.

need to post more queries in the insurance thread of LYN....many active and qualified sifus there.

nothing to worry about, you are NOT alone in this.....
(btw, "worrying about it" solves nothing......)

Almost 65k Malaysian youth declared bankrupt since 2013
Read more at https://www.thestar.com.my/news/nation/2018...fSPq1krHulpQ.99

the methods of growing money varies and numerous too.
so is the definition of risk appetite in simple and quantifiable non subjective noun.

what is the true quantifiable description of "Don't have big risk appetite"?

your current allocation
ASNB - RM25k
Cash - RM35k
EPF -
are NO Risk except for inflation risk

This post has been edited by MUM: Nov 22 2019, 10:32 PM

looking at your provided data you have abt RM1k surplus per month
you planned to get married next year.
how much do you plan to spend on marriage....
try to save for that first?

btw, how much cash & fd saving do you have now?

Yes... Try save for the hantaran first... Then the expenses needed for the ceremony... Then discuss with Yr wife what are needed to buy for the inside of the house.
Try not to touch the ASNB if possible

RM5100 - loan commitment (RM 2000) = bal RM3100

Home Loan Calculator
https://www.calculator.com.my/home-loan-cal...or#.XjkZarNuKUk

This post has been edited by MUM: Feb 4 2020, 03:18 PM


Attached image(s)

But from his postings... He wanted a unit with marked up price. So that he could spend the extra price variance

may I ask?....
why can't you direct put inside ASB 2, instead of putting in your sibling ASB a/c?

This post has been edited by MUM: Feb 6 2020, 08:34 PM

so it is to say, if you have a loan in ASB fund you cannot invest in ASB 2 fund (even with cash)?

will that 60K be split into 70:30 in EPF, being 30% of that 60K in A/c 2?

if can trust your parents....use their a/c to proxy deposit.....
most probably they are at retirement age, thus can withdraw anytime...

if i have these income, it would not be a problem buying a property (unless it is a multi million tag range)

just a note:

since your car is 3 yrs old....there is a Puspakom inspection...
https://asklegal.my/p/PUSPAKOM-e-hailing-Gr...ication-licence

if you do grab, do add in the budget for Petrol and car maintenance cost...

also not to forget insurance premium for grab..

This post has been edited by MUM: Apr 16 2020, 09:35 PM

make sense as that is what they called passive income
will only make sense if you have enough to sustain you for the rest of the life.

read before,...once you had went to EPF office to make the 1st withdrawal (sort of after having physically confirmed your bank details), you can make the other withdrawal thru online...

This post has been edited by MUM: Aug 23 2020, 01:41 PM

With your current investment preference are mostly in "safer n lower risk" vehicles.....
You hv no experience on share investing.
Do you want to spend time n energy to go into share investing?
May I suggest you try go into share investing thru unit trust or etf investing which does not need to hv frequent monitoring or needs to be well prepared before investing.
There are some lyn threads on those like fsm, eunittrust, washed, stashaway, etc for you to explore before you start

i guess that would be "depends" on the level of comfort....

found this on google...hope it can provide you with some info while you wait...

Cost of Living in Penang
https://www.numbeo.com/cost-of-living/in/Penang

https://internationalliving.com/countries/m...enang-malaysia/

https://www.google.com/search?ei=TKtPX6DsLb...Q4dUDCA0&uact=5

FIREd = financially independent and retired early

for a FIREd family,....it need to take into consideration whether those investment spelled out are enough to generate returns that are consistently and more than enough months after months to meet the monthly expenses required for the family.

thus you need to spell out the amount required for the family and the returns generated by those investment to determine if improvement to your current portfolio is good enough or not.

if/when that is the case, then your portfolio is good enough...

for how others allocate the pie....well as for me, i think it depends on personal preferences, past experiences, personal needs, total financial assets, etc, etc
Their selections may not suit all...just like your selected port...you have 54% in Equity related investment...(property + stock mkts).....which may not go down well with others that questions "what if the mkts goes down and stayed down for a few years?
well, then unless the "passive income" from the returns of your Cash in FD, ASNB FP and EPF can provides enough to sustain your family needs during that period.

on your questions on alternate investment for retirement...
googled and found these
investment vehicles during retirement
https://www.google.com/search?ei=3vRvX5fCF9...Q4dUDCA0&uact=5

hope it can provide you will some ideas as to other alternative investments are there for a retirement portfolio.

This post has been edited by MUM: Sep 27 2020, 10:49 AM

how many % of your current income are being used to pay the loan of the condo?
how many % can you save pm from your current pay PLUS rental from condo after MINUS all other expenses (including loan repayment and condo fees)

This post has been edited by MUM: Sep 28 2020, 10:57 PM

wow at 40~50% is very good
will you be able to get back to your past income level once you had decided you wanted to stop your current break and restart your working life?
can you be able to get back into working life easily?
how is your "luck" on stock picking (gain/loss) experience in your 12% investment on KLSE (growth and dividend stocks) & 9% on US stocks?

if the luck is not that great and if the expected investment return is not of high...may i suggest that you seek an investment planner to help chart a more holistic investment route and vehicle that suit your risk and expectation.
as i think your monthly saving amount is larger than many of the people here.

This post has been edited by MUM: Sep 28 2020, 11:44 PM