Ah okay, not PB for RHB where I usually top up...I guess she's quite nice to me and I also buy her Starbucks every morning if I decided to drop by for top up.

https://forum.lowyat.net/topic/4070356

Hope friends here can spare a min or two to answer a simple question.

Thanks.

You may be right for the overall population out there.

But here in Lowyat forum, I think it will be 1 or 2 levels higher up than the average.

My gut feel.

That is one way of looking at it.

I look at it at another angle.

I recalled a quick estimation I did some months ago when I looked at the annual report. Data as below.

2001 unit holders with RM3,655,051,489 worth of AS1M

ie average of these holders = RM1.8 million each

Being average, there are others with more than RM1.8 million. 2, 5, 10 millions???

RM1.8 million * 0.061 = RM111k

My gut feel is there are many of these unit holders in Lowyat!

Let us not argue this till the fat lady sings. Wait till next week and see.

Cheerio.

P/S 1 question comes to mind. Is AS1M also for fund companies?

Yeaa.. but my target is to have 1M in asx by the age of 40. Possible?

KGF + East spring smallcap. If I can stomact ASG losses, I can stomach KGF + East Spring losses. 

85% is extremely High
Btw, 85% is take home pay or gross income?

Started liao. Just that only bought KGF + East Spring last Friday because last day of promo and bursa nose dive because news of bomb at bursa. Hope it's cheap.
I have been looking at it. It's been rising. Performance wise these few months been so-so. Nothing to scream. But decided to buy in last friday because high can go higher.  If becomes lower, just buy more lo.

No need to camp. Just PB if you have la.
Agreed.  It's on the high side. So while Kenanga increases and become too expensive, I just buy other cheaper performing funds.  At least money is working. 

yes that % applies only to big earners.

Wow:

fully paid properties and cars

how many properties and cars ??? 

Lucky u not in queue to buy FP.   

Leave some for us, u big timer !

Oh so still buying the FP, thought u said not spending too much time there ?

OK, when I buy so long as not same time as u, will be ok. Big timer !

go to

https://forum.lowyat.net/topic/4047177/+920

That s y I said can hardly keep 1M by age 40. I m mid 30th and just have quarter of 1M.

Surely u need a car, house and gf right??

Boss, cost of living for city kia is higher than Kampung kia

But opportunity is more living in city.

Retire early perhaps?

5k per month for 12 years with annual 6% will yield 1M.

With car and house still achievable. With family not sure.. 😅

Yea. U should. Gogo. 😅