Who says we're gonna use phone to scroll through spreadsheet?

And who says I did not enter details to perform tracking? And who says I enter details into spreadsheet through phone?

Don't make assumption bro

The reason I hated it is simple. It's not tightly integrated with the third-party mobile apps (for expense tracking, NOT budgeting).

Basically, I have to:-

1) Create my own spreadsheet and INTEGRATE these two aliens (my Budgeting spreadsheet and the imported Expense Tracking data from mobile)
2) Create the spreadsheet to compare actual spent vs. budgeted

And just for this, there's so much maintenance work required (on spreadsheet side).

I don't think I'm considered as one of those "who don't know how to use spreadsheet". It's just NOT WORTH the hassle when there's already some EXISTING software which can do two-in-one easily.

I understand that you're very well off successful person (with > millions in KWSP account), but that doesn't give you the rights to brag nor despite other's opinion.

You like to have your spreadsheet, go ahead. I had mine and I disliked the part where I have to "develop" and "maintain" (the technical side, NOT the data entry side, get it right....) my own spreadsheet

On private hospital vs gov hospital i think everyone will have their personal experience in each establishment. I'll leave it as is because it is clear and people who know will know the difference. It is easy for us to say, but those who have gone through it would have a much clearer picture.

On car insurance... I really have no idea why you would save that kind of money.
Brief example:

On Agreed Value
This is the price that an insurance company will value your car. It is usually higher than market value.
In the case of a claim, that will be the price that insurance company will pay.
Let's say in January I buy a Myvi: RM50k
In December I kena accident total loss. But by December the same Myvi is now worth RM35k.
Company will pay: RM50k.

My car loan settle.

On Market Value
This is the price according to the market value.
In the case of a claim, the company will pay at the most current market value for your car.
Let's say in January I buy a Myvi: RM50k
In December I kena accident total loss. By December my car is worth RM35k.
Company will pay: RM35k.

15k difference I settle myself.

Going Lower than Market Value
This is where you co-insure your own car.
In the case of a claim, the company will only pay its portion of the cost.
Let's say in January I buy a Myvi: RM50k. I insure my car for RM40k (80%)
In December I kena accident total loss. By December my car is worth RM35k.
Company will pay: [RM35k x 80%] = 28k
50k-28k = 22k

You settle yourself.

I can't force you to go with the Agreed Value, but you have to have your car insurance either way. And since you'll be buying, why not buy something meaningful?

Who says we're gonna use phone to scroll through spreadsheet?

And who says I did not enter details to perform tracking? And who says I enter details into spreadsheet through phone?

Don't make assumption bro

The reason I hated it is simple. It's not tightly integrated with the third-party mobile apps (for expense tracking, NOT budgeting).

Basically, I have to:-

1) Create my own spreadsheet and INTEGRATE these two aliens (my Budgeting spreadsheet and the imported Expense Tracking data from mobile)
2) Create the spreadsheet to compare actual spent vs. budgeted

And just for this, there's so much maintenance work required (on spreadsheet side).

I don't think I'm considered as one of those "who don't know how to use spreadsheet". It's just NOT WORTH the hassle when there's already some EXISTING software which can do two-in-one easily.

I understand that you're very well off successful person (with > millions in KWSP account), but that doesn't give you the rights to brag nor despite other's opinion.

You like to have your spreadsheet, go ahead. I had mine and I disliked the part where I have to "develop" and "maintain" (the technical side, NOT the data entry side, get it right....) my own spreadsheet

bro - just put under ignore la
no point being disturbed by gnats & stuff.. if no value add right?
like responding to a mentally disturbed person on the street that said something about U - no point & gives them satisfaction that U acknowledged their existence

For those that had purchased properties 7 years ago and saw the prices of their properties gone up like crazy....200 to 300% gains are norm....would say that it is a "BEST" investment.

Hello all, I have a few questions.

How do you know if a particular property is good to invest in? Why nowadays people always say property is a good investment? If going by rental yield, say a apartment 215k and rent 1300, expense ~500, the yield is (1300-500)*12/215k = 4.4% only. (Do I need to calculate the total mortgage (principal + interest) too or just purchase price?)

Some bluechips stock give better dividend than this. If stay invested in klci for 37 years (1978-2015) will give 8% cagr not including dividend. Is the property gain better than this 8% in 35 years of mortgage? How exactly should we calculate the total return from property? Is it because property can be leveraged?

So is property worth to invest in? If so, what's the minimum yield I should aim for. Or maybe I should use the money for stocks instead? I am currently torned on which path to go. Thanks!

leverage bro...ur house no need 215k cash to get 4.4%

So technically it is still a lower return, but the advantage is leverage? Right?

Long time lurker here, posting for the first time today. Need some advice from the finance gurus here regarding an investment plan.

Age : 24 (young, hence my risk appetite is relatively higher)
Income : RM6k gross
Current savings : RM30k (not inclusive emergency savings of RM10k) saving about RM3k per month now
Major commitments : Rent - RM450 , nothing else

Currently I'm facing a dilemma - I , along with some help from my close friend who is a property agent, have done some research for properties and we've found a attractive listing that will require about RM25k in down payment. This property will be rented for cash flow.

I'm not too sure whether I want to proceed - I'm currently caught between this property listing, and mutual funds based on the following circumstances :

1) Planning to get married in about 2 years time - planning to buy a house for stay. I don't think my salary at that time will be sufficient to qualify for loans for 2 houses - I understand that property rental can be included during the loan application consideration but not neccesarily at a 100% .

2) With the property market as it now and speculation rife with the effects of GST will have on the property market, I am a bit reluctant to dive in. I am considering mutual funds to be attractive alternative, as I've read that the for long term investors (7-10 years) historically have 7% returns, though it is a bit low for a high risk appetite investor like myself.

Appreciate any advice I can get from the kind gurus here!

Fruits included in lunch (if I buy), sometimes company gives free fruit also

snacks not so much lo, unless u count in chewing gum also. but 1 botol can last at least 1 week ++++, the sum is negligible
corn flakes + milk too plain for me

plus milo it's like coco-flakes

Anybody know whether it's possible to renegotiate existing personal loan term to reduce instalment?

Basically on first year they will pay 100%. Only second year onward will be lesser and lesser.
And even you renew based on market value, in total lost cases they will still pay 80% from the market value.

4.4% is the rental yield. Have you factored in property appreciation? Stock market does not guarantee you the same dividend but rental will. Everything is a risk. Stock market can give you >50% return if you are a good investor but you will lose a lot too. The chances of property losing >50%  is lesser, hence safer.

How are you sure that rental will give guarantee return as compare to dividend? What if your rentee defaulted rental payment? What if rentee was a troublemaker and refused to move out so you got to hire lawyer to get rid off him? What if your rentee spoiled your property so you have to fork out extra to maintain your property? What if you were unable to look for new rentee within weeks if not months to fill your dwelling units? What if your net rental decrease due to increase of loan repayment (assuming you were taking loan and the loan interest rate increased)?

Given that the holding period of stocks to be as long as the holding period properties, the volatility of stock price would be the same as the property price.

How are you sure that rental will give guarantee return as compare to dividend? What if your rentee defaulted rental payment? What if rentee was a troublemaker and refused to move out so you got to hire lawyer to get rid off him? What if your rentee spoiled your property so you have to fork out extra to maintain your property? What if you were unable to look for new rentee within weeks if not months to fill your dwelling units? What if your net rental decrease due to increase of loan repayment (assuming you were taking loan and the loan interest rate increased)?

Given that the holding period of stocks to be as long as the holding period properties, the volatility of stock price would be the same as the property price.