yeah i agree that logic is obviously wrong. may be he is not well verse with healthcare cost. if you are well, the country save money. If you are sick the country can lose alot.

No this is obviously wrong. the more people use it, the more govt must buy. many things have more than 1 year expiry, some even 5 years. you dont use it, no need to throw. No need to buy further = save money .

This post has been edited by guy3288: Nov 21 2014, 10:35 PM

I am surprised for this kind of reasoning from people who seem to be regular in finance, business and investment forum.

first it is obvious you lack the understanding of what makes up a total health care cost. otherwise you wouldnt have shot back asking whether people sick or not govt still must pay drs' /nurses' salary, so , cost is the same.

There are many more to it other than just salaries. you dont use it, govt pay much less for it.

To argue that if you dont use it, it will go to waste is to say people do not know how to plan.
Think in a bigger context, not just for you one person.

Even if you still cannot fathom the complexity of health care costs, at least you should know that
govt hospital is not half kosong and goyang kaki.

They are full to the brim, a situation that your "one more or one less patient wont make a difference" is untenable.
"One" is figuratively speaking, in case you come back and ask me one extra patient cost how much extra huh.....

what loan phgilosophy is this? you calculate and make up your mind which is better. make it clear why you say one is better .Mean what you say and say what you mean, not pusing pusing end up what is the message?

that is the problem with ego, talking like got lots of hidden gems in the bag, wait, to be continued, beating round the bush ,come back to square one.

interesting to read kengyan and cybermaster98.

one is saying we must not borrow money to invest and the other say must borrow to invest, rely on savings alone sampai tua cannot be rich.

The latter may not apply if you earn very high income. You can rely on savings alone, and then use own savings to make a fortune, no need bank loan.

Fact is , in any investment there is risk. the higher the return, the more risk you take. otherwise bank can go invest there direct, why lend us money to invest and bank take a small portion from our profit.

I am of kengyan's type. i do not like the idea of borrowing money to invest.
Borrow as much as possible would be worse, unless u really have good reason for it.

take bank loans for established business to expand is easier to accept.
Having no savings, take loan to start a new business is not the same already.

i would say most of us are not "savvy investors", so taking a loan to invest is not good for most.

if you dont have good savings, only wanna rely on other people's money or bank loans to make a fortune, you are the exception rather than the rule.
How many managed to do it that way?

it all boils down to how much you can earn a month, assuming nothing much to inherit from parents.

if one earns big income, it wont take long to achieve that. so first aim to get high income, 5 figures a month, then push up further.

i admit it wont be easy for one with a family with 5k or less a month...

I dont understand why you feel insulted.

I cant believe it. If he is worth only RM600k, how to say his NAV is RM30Million?

?bought RM30M properties on "98%" loans and go around boasting has RM30 Million?
Lupa duit pinjam...

kengyan

i think you have to be more brave and admit what you have said.pusing pusing will only get yourself entangled.
say what you mean and mean what you say.

your post clearly showed that u felt insulted, you can only cheat yourself but not others

as for your fren, if his stocks is worth only RM600k today, only a fool will accept your fren's NAV is still RM30million.
You cant say NAV is a cheat (just becos he paid 30M and got only RM600k now), your fren is if he insist his NAV is 30M

Similarly if u got cheated by one UT agent, u cant say all UT agents cheat.

fat salary and thrifty =potent combination


?RM80k a year rental collection
investment return ?% pa