Govt issued rm2.5b in bonds..guess what it's for?

If the ASNB funds are subscribing to these bonds, then they will have no problem finding subscribers.

How about your EPF money ?

That's not the point. The point is EPF invests in government securities whether you wanted it or not.

how can you park money on epf? How to take out? There is zero liquidity, u park money in from ur own pocket then it gonna stay there. unless u talking about using EPF to buy EPF approved funds.

There is a very limited selection of funds...and with the shady stuffs happening within the Malaysian government administration, the EPF may soon cease to have a 6% yield as most people would like to think, and there is a possibility that the monies will vanish as well. What if next year it gives you a -6% yield (reason: investment loss) or the MO1 simply take everything into his private offshore accounts before (if) he topples?

What if China start war with India?

There's other sign also shows might have a crash, no ?

so...how are you preparing for this upcoming crash? what % is in war chest waiting for crash? how long are you willing to wait?
what's your war-chest instrument? fd?
when the crash do happen, how do you determine when to start deploying your cash?
and how: through what investment vehicle?

LOL!!! Ha ha ha ha     



Xuzen

Good that you are putting a lot of effort into your passive income but are you putting the same effort in your active income? being the best in your industry and making sure you aren't obsolete in the coming years?

Meaning u r jobless now?  If u were graduated, go to find a decent job first lah.

Even u r great, taking 20% pa from ur investment with a capital of SGD 10K, Ur yearly passive income is SGD 2K only.
While, u can get active income SGD3K/ month or SGD36K per year easily.

Be realistic la. Don't confuse on ur priority now.

I rest my case.

Item 1 already furfilled long long time ago. (save like a squirrel when I am in uni. Count every sen. Even now still counting every sen.)

well said. many old timers here have weathered multiple economy crisis and look where are they now. not in bankruptcy nor have they suffered a traumatic disaster.

my point is stop timing the markets. just follow the ratio of financing yourself

50% of pay goes to permanent monthly expenses like mortgage, car loan, taxes, bills,
30% goes to savings and investments. 10% of it is in EPF so break down 15% into your UT Port and 5% into CMF/emergency funds.
20% for entertainment purposes like date nights, renovations and travels.

also focus on cementing your job and never let your passive income disturb your work like taking day off just to go to bank or Singapore.

have a side income. have hobbies work for you like bonsai, drawing, painting, scale modeling while it keeps your sanity and creativity. I love my work so I work on weekends and public holidays so that generates an additional 2.5k per week.

and I have funds to open up another clinic if I wanted. that's how you become secure. not just chase numbers or worrying about the currency exchange because that's out of your control

A quick pullback is more likely than a crash.

How quick can it be? Sharp drop and a quick rebound, maybe over one or two days... if able to catch it, then it's a leg up. How great is the leg up or booster shot, well how much you can or dare to top-up?

(In the first place, do you have the money to top-up?)

(As often quoted here: "It is not about timing the market, but time spend in the market." Meaning that the returns are proportionate to the length of time in holding the investments/funds; and implying that it is easier to get these higher returns by holding them than timing and trading them in and out.)

Crash - not yet. If there is no bubble, what is there to burst? And if there is a perceived bubble (in your eyes), how will it burst when it is not over-inflated?

Signs of over-hype, over-inflated bubble developing: All and sundry is in the stock market, including those who normally don't. You will read it in the Sunday papers on normal folks who is now spending time trading stocks instead of working OT or double shifts or doing 2nd jobs or part-time jobs - easy money to be made.

You will read replies in forums telling the jobless to 'earn' some money at the stock exchange instead of the usual advices of doing uber.

Some bubble will be about to burst when you hear folks saying they can get easy money sitting at home in front of a terminal rather than spending time on the road doing uber or manning a burger stand.

And how would a market crash affect normal folks like you or me? Nothing much unless your company is affected and you are retrenced. If you still have a job, life goes on... and your regular savings into UT funds continue on...

And if you not in the accumulating and beginning stage, and had already build up a tidy sum of money and nest egg, I think you would already structured your portfolio of funds and its equity/income ratio such that it is ready at all times to handle any eventualities.

Just my 2 cents....

Future's so bright, I gotta wear shades. 

People have diff mentality ma.

As long as he is not doing anything that harm people, then I am ok with it. As Chinese saying as long as he not kill people put fire then ok haha.

Doctor aren't rich nowadays. People may think that's a goodjob.

But in all of the docs in MY, how many that can have own established clinic like our bro here? And last months a report say that around 200 clinics just close down...

Every field can generate good income if you know your filed well. Doesn't necessary you need to become The Big 4 to become rich.

Its our own perception anyways.

And what the important thing is that listen to the old one. Sometime they may wrong but most of the time they are right.

wah, you still want to pretend you are sharing your opinions and ideas, when in actual fact you are sharing stupidity and nonsense. 

Your above comment in reply to my long post... looks like english, sounds like english, but it is greek. All are incoherent nonsense.

"Yes. Most likely a quick pullback. But must pounce when there are opportunities. That's why must have ready cash."
So the YTD gains and monthly gains for the last 3 months are what? Are they not buying "opportunities"?

Do you know that a pullback is defined as a drop of about 5% from the peak? So tell me whether it is smart or foolish to wait 6 months for a sharp 1 day drop of 5% to make your purchase, and missed the 6 months gain of 20%.

'In the past 6 months, an UT fund had grown by 20%, this morning today, its benchmark index drops 5%, today is the best time to buy with all your money that you have been saving and keeping for the last 6 months.'

It sounds logic or not? Of course it sounds logic to a jobless graduate who is funded by parents. Easy money - easy come, easy go.

"Can a crash happen? Of course. You just need either china or US to be in trouble. People seems to forget that unit trust is still a basket of stocks."
Why are you saying this in reply to my post? Did I say that the market will never crash? Did you really read and comprehend what I wrote?

"A pullback is nothing. A crash is what one needs to be worried whether the company will retrench or not."
Do you know what happens during a market crash? Don’t la talk like a smartass who has been through a real market crash and thinking that a market crash will affect everyone in the country. Then what the fuck were you going on and on about hold cash?

You are one fucking moron… yes, I am damn annoyed. (Yes, I too can pretend to be angry, just like you pretend to be smart and talking like a know-it-all authoritative figure when you're just a jobless duke fresh out of school.)

Who wouldn’t be annoyed?  I took the time to share some opinions and to further the discussion, and here you are replying to my post, trying to counter my input and brushing it aside with a seemingly sounding authoritative voice – "A pullback is nothing. A crash is what one needs to be worried whether the company will retrench or not."

What a moronic, trolling, waste-of-time-and space, useless piece of shitty comment which you had so effortlessly pull out of your arse. Great job! Well done!

better ramjade than hahacat or contestchris. just saying. no offense brother ramjade.

Very well said. Summarizes Ramjade for what he really is and not what he pretends to be. Unfortunately that fella is very thick skin one and will now share his experience of going through a "crash" in SG REITS 

I don't know why today everyone seems to wake up and synchronize the attacks towards Ramjade. Poor Ramjade becomes the serving on the morning breakfast plates for everyone. LOL.

The problem is that you sounded like holding a lot of cash. Instead of talking in absolute term, which is not fair, could you please tell us the % amount of cash ( in whatever form you defined it ) you are holding in anticipation of major market plunge ?

I don't wanna target you man. I am not gonna be an asshole but I am just pointing out that when you advise to keep cash in preparation for a crash, many would think it would be a very liquid entity. then suddenly you say you park in amanah saham.

so now people are questioning your plan.

kejap FSM.
kejap FSM SG
kejap SG reit
kejap ASx
Kejap Forex.

Hence why you being attacked personally because you make no sense and at the same time insist to advise people.

my two cents.

Personally I  feel changing % allocation in asset class is better than keeping it in cash.

In booming period 90% equities 10% bond/FI.
at 10 year period 70% equities 30% bond/FI.
-5% of equity portion for every year a crash has not happen after 10 years.

In the first place are bonds able to survive a crash ?

hehehe SG to myr bukan forex kah brother? anyways no harm no joke. as xuzen say we all here to talk kok

this noon is 1mdb payment due date. if they don't make it we are all fucked. you and me and everyone else. Bursa is going into the red as we are talking here. Bye bye myr.