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 How to save RM300k in 3 years ?, Need it to study MBA

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td00164306
post Nov 4 2014, 10:41 PM

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QUOTE(ohemmgee @ Nov 2 2014, 10:22 PM)
Currently I am in 1st year undergraduate and planning to do MBA 2 years after I graduate which is probably about 4 years from now.
The cost of the MBA is about ~RM300k.  Would love to hear the ideas and opinions on investing/saving in order to reach the goal.
Assuming current allowance is RM300/month and RM2k/month for the 2 years of working later on.
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Ditch your MBA. Finish your study and get a decent job is your priority. Otherwise, if you are smart and hardworking enough, you can try to secure a scholarship.

Saving won't get you 300k within 4 years given that your salary is 2,000 per month. High risk high return. Any form of investment which can give you 300k in 4 years will imposed an equal risk of losing 300k on you.

Being pragmatic is equally important as dreaming big.




 

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