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> Multiple Signs of Malaysia Property Bubble V19

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prody
post Nov 4 2015, 04:27 PM

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QUOTE(Showtime747 @ Nov 4 2015, 04:13 PM)
Correct. As I have told you, there is no "better" or "worse" investment. Just personal preference. And which investment suits which character. Like your character which dislike uncertainty, both stock and property do not suit you
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Still, some investment classes are easier to make money in than others.

I would not advise people to go into the stock market unless they had had a tremendous amount of practice and then only with a small amount of money at first.

However, if people were paying a rent of let's say RM 1,000 a month and the installments (30 year) were only RM 700 I would have no problems advising them to buy.

prody
post Nov 5 2015, 09:02 AM

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QUOTE(Showtime747 @ Nov 4 2015, 05:53 PM)
Another thing I observed the DDD seems not creative enough but always a follower

That's why only when the property market has reached its peak only the DDDs cry here and hope for crash  tongue.gif
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Personal attack as a reply, it's kind of weak.

Anyway, I don't remember seeing you (or anybody else from the current UUU) asking people to buy properties before the large price increase.
prody
post Nov 5 2015, 09:11 AM

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QUOTE(Showtime747 @ Nov 4 2015, 05:58 PM)
Property is a long term game. Purchase price is sunk cost, but rent will increase in 5 years, 10 years, 15 years, 20 years....Yield may be only equivalent to FD rates now, but in time to come, your yield will be very attractive.

Speaking from experience, some of my properties now returns yield as high as 20% over original purchase price.

You got to have patient in property investment. If you are too short sighted (only look at present and assume it is static), then there is nothing attractive about property investment
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First of all, there is no guarantee rent will increase in 5 years from now.

Secondly, rental yield for loads of properties is below FD rates currently.

You can only get those rates because you bought those properties at a time when prices were reasonable. Price to rental ratio was much better then as coapred to now.
For my current property to have a 20% yield, the rental would need to increase by more than 700%.
Let's assume rent can be increased 5% every year (I'm being generous here). It would take about 43 years for the property to get a yield of 20%.

I like property investment because it is relatively easy. You just have to avoid falling into the trap of buying the property at a ridiculous price.


prody
post Nov 5 2015, 09:16 AM

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QUOTE(BuyAmaya @ Nov 4 2015, 08:15 PM)
Tell that to people who bought at bukit beruntong la prodyy!! Aiyoo buying property is still high risklaaa and not easy...it is whether you want to take it or not.

Here stock i put 10k i got 20k profit in 1 year. Who says stocks are more difficult than properties? Both different kind of investment lah. Both got risk.
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Yes, all investments got risk.

If you think you can get that return in stocks consistently you have made a huge financial mistake by investing in properties.
prody
post Nov 5 2015, 09:24 AM

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QUOTE(jolokia @ Nov 5 2015, 09:06 AM)
Waah ! Zero investment profit  ?? Where to get ?? i also interest to learn.  smile.gif
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Oh no, now I can't explain it to anybody.


prody
post Nov 5 2015, 11:36 AM

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QUOTE(BuyAmaya @ Nov 5 2015, 09:54 AM)
Brother, i see opportunity i take. Whether it ks stocks or properties. It is not about i made mistake on investing in either one. Right now i m positive at both stocks and properties. But my current holding in stocks are in the red however i already realized a gain of a lot of 20 times more than i lost. Anyway i dont expect it will continue to be in the red. And if it went to zero, my previous gain in stocks are more than enuff to cover my current investment in stocks.
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I'm merely pointing out that if you are very good in one investment class you should completely focus on that.

Since now you have given me more information (you are actually running a loss on your current portfolio) it is probably best to stay divested into separate classes.



prody
post Nov 5 2015, 11:38 AM

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QUOTE(kradun @ Nov 5 2015, 11:21 AM)
Last time the interest rate was very high also, only rich will consider to take the risk with high borrowing cost.

Long term property investment need to take care of ur tenant, need to ensure timely collecton, need to have ur team to handle repair work, leasing work etc. It might look easy but when carry out all the task it might be otherwise.
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I'll stick with my opinion that it is easier than investing in the stock market.
prody
post Nov 5 2015, 11:45 AM

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QUOTE(Showtime747 @ Nov 5 2015, 11:24 AM)
You really have a weak soul. I mentioned Mars, you copy cat say some other planet. Isn't that lack of creativity ? If that is called personal attack, then don't participate in forum. I have treated you very well compare to others  tongue.gif
Are you a primary school teacher ? You seem to look for answer which suits your narrow view. You cannot tolerate answers which does not explicitly show clear direction. Don't you know what is "reading between the lines" ?
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Ok, I guess you didn't fully understand my reply. laugh.gif

Let's see:
"weak soul"
assign a job to me
"narrow view"
"cannot tolerate answers which does not explicitly show clear direction"

I'm reading between the lines that you are no longer interested in having a normal discussion. smile.gif



prody
post Nov 5 2015, 12:26 PM

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QUOTE(Showtime747 @ Nov 5 2015, 12:05 PM)
Look at the exchange between ice cream boy and me. Compare to him, I have treated you very well doh.gif

And ice cream boy took it like a man  thumbup.gif

May I know whether you are you a lady ?
Oopss....I might have offended you again.... tongue.gif
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In the other post you mentioned this: "Just because your bad experience of 1 property, you have concluded property investment is bad."
I would like to point out that both parts of this statement are completely false.

I'd like you to recognize that when you are losing a discussion you will turn to personal attack to change the topic.
I could retort with a personal attack, but that would be a waste of time since it would not achieve what I am here to do.

I'm here to offer another opinion and to make people think before spending their hard earned money on property.





prody
post Nov 5 2015, 12:37 PM

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QUOTE(BuyAmaya @ Nov 5 2015, 12:13 PM)
That is totally out if you want to advise people to focus only on one thing that we are good at when we are actually good at many things especially investing.

I reiterate i see opportunity i take. So I am good at stocks but then I see gold is priced at RM1 per gram (hypothetically) so I should not buy is it? Because i should focus on 1 thing is it, using ur ratinale? U know that is stupid right to let go of an opprtunity to buy gold at RM1 per gram? Again hypothetically, dont anybody be a smart ass and talk nonsense back.

I see amaya was at DIBS priced around 300k for the small unit I take. It is an opportunity and I took it. Bear in mind some people let it pass becasue they think it was high risk and was overpriced back then.
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I did say very good, not simply good.
Let's say you are very good at investing in stocks. Then you don't need to waste time in investing in property.

Secondly, focussing on one investment class does not mean that you can not buy something when you see it is priced extremely cheap. But you would not waste time in trying to find somebody selling gold at RM 1/gram.

Previously you mentioned you could double your money in stocks in a year. If you could do that every year, you should completely focus on it and don't waste time on other investment classes.

prody
post Nov 6 2015, 08:43 AM

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QUOTE(BuyAmaya @ Nov 5 2015, 01:26 PM)
Stocks i used my own money to buy. Properties i used the banks money to buy. U see the power of know how to invest properly knowledge? The capital gain from the properties were enormous due to it being borrowed money and leveraging.

And remember, the properties were DIBS.

Again stocks are also opportunity too, u think i simply buy stocks like that? A month ago, airasia was 78 cents. Now?
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I don't know what you do or don't do. smile.gif

I do know that if somebody is very good at doing one investment class he should stick to doing only that.
prody
post Nov 6 2015, 08:48 AM

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QUOTE(Showtime747 @ Nov 5 2015, 12:44 PM)
Bro/sis,

You are the one who can't debate. I have written in length to explain my points, and all you can reply is "this statement is completely false", "personal attack" and "waste of time"  tongue.gif

Readers will just look at you like a politician who try to hide away. Whereas I reply you point by point, giving all examples, numbers and facts. I acknowledge not all readers will agree to my points, but at least they are clear what I want to say.

If you really want to offer another opinion for people to ponder on, then illustrate your opinion with examples and facts and numbers. Mere propaganda and slogan is not enough in this internet age anymore
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If you tell a lie about me. I will point it out.

If you stop debating and start a personal attack instead, I know already that the debate is over.

I guess you are not used to this. smile.gif


prody
post Nov 6 2015, 12:38 PM

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QUOTE(Showtime747 @ Nov 6 2015, 10:34 AM)
You are the one who choose not to reply to my post with numbers and facts. Instead you talk about something unrelated like "personal attack" etc and avoided the topic. You are hiding from my good points which you have no answer. The readers can read. They are not stupid  tongue.gif

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You are wrong again. You should try and reread what happened and maybe learn something about yourself while doing this.


prody
post Nov 6 2015, 12:41 PM

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QUOTE(GetReal66 @ Nov 6 2015, 10:40 AM)
Let us all not stoop to personal attacks and name calling to try win an argument.

Instead, let us support our views with facts and specifics.  E.g. we can look at specific projects when have recently VPed and see whether their prices have met their buyers'  expectations. Let me start with The Capers, Sentul.  Something which interested me but I did not queue up to buy.  Launch price was around RM 500 to 600.  Expected price upon completion was around RM 800 to RM 1,000?  Current  asking price start  from around RM 650 upwards and dropping? Would I have lost money if I had bought there?  Could this  be an example of "making money" by not investing and leaving my money in EPF (about 6% return in recent years)?

How about 20Trees, Regalia, ViPod KLCC, Centrio Pantai, Casaman DPC? These are all projects which piqued my interest. Care to share your thoughts on these projects?
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That would be great. It is however difficult to achieve.

It doesn't matter what happened in the past.
Would it make you happy to know that in a hypothetical scenario you would have earned money?
Would it make you happy to know that in a hypothetical scenario you would have lost money?

It's all about the present. What do you want to do now?
prody
post Nov 6 2015, 12:42 PM

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QUOTE(BuyAmaya @ Nov 6 2015, 11:54 AM)
U shouldnt be focusing in one thing when there is opportunity in the other. You dont just buy yahoo and ignore the rise of google. You dont just buy stocks when you see that there are porperies around you are cheap...well it was cheap now it is not.
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I'm not doing that since I am not one of those people who is very good in one investment class.
prody
post Nov 6 2015, 01:52 PM

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QUOTE(Showtime747 @ Nov 6 2015, 01:33 PM)
This type of reply doesn't help readers with "alternative view" of yours

At the end of the day, you only have a "belief" that a crash from current price will happen

But you don't give any calculation, example, facts to support your "belief". You only have rhetorics. Even ice cream boy is better as he sometimes quote sources to prove his points

And you even deleted the bottom part of my replies when you quote me. Afraid of facts ?  tongue.gif
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If people are truly interested they won't hesitate to click a few pages back and read.

Your latter posts contain some arguments, mixed with personal attacks and lies.
I'm not interested in a discussion like that.
prody
post Nov 6 2015, 01:54 PM

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QUOTE(Showtime747 @ Nov 6 2015, 01:36 PM)
See....another instance you use rhetorics instead of giving examples, facts and number.

When challenged, your reply feels empty without substance. Maybe only some philosophy  tongue.gif

And I guess when further challenged, you will say people "personal attack" you rclxms.gif
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This is my opinion.

If you have a different opinion, you can give it to GetReal66.
prody
post Nov 12 2015, 08:34 PM

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QUOTE(BuyAmaya @ Nov 6 2015, 07:07 PM)
Louis enrique last time can play in all postions except goalkeeper. Some people are good at everything.

Again for investment of all class, look for opportunities and take it when there is one.
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Yes, there are a few people on earth who are very good in investing in all investment classes. They can do whatever they want. biggrin.gif

There are more people who are very good in one investment class. These people should focus on that investment class.

Then there are even more people who are good in investing. They should diversify to protect their money.

Finally there is the biggest group of people. Some of them get lucky with timing and earn some money at first. Some don't and lose money straight away. But in the end most of them will end up losing money.
prody
post Nov 13 2015, 08:54 AM

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QUOTE(Showtime747 @ Nov 12 2015, 10:43 PM)
That's either too pessimistic or your social circle is too small.

Investment is all about risk and return. There are many types of investment with different risk level. Choose investments with appropriate risk level to suit a person's character and risk appetite.

The probability of losing money in low risk vehicle (eg. FD, government bond) is very small

For higher risk investment (eg. property, stock), knowledge, strategy and experience play very important part

For even higher risk investment (eg. trading in forex, futures or commodities), besides knowledge etc etc, luck plays a large part too
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Post #679
prody
post Nov 13 2015, 10:03 AM

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QUOTE(Showtime747 @ Nov 13 2015, 09:39 AM)
I understand. When I make good points, there is very little you can reply. So better to blame it on something else
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I tried discussing before.

First time it resulted in you saying you'd do something. When I took you up on it you chickened out.
Second time, after losing the discussion, you ended up using personal attack and stating blatant lies about me.
I won't waste my time on a third time.

You act like you are still in high school.
This is just a forum to discuss things. smile.gif

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