That's why I've always told him to use all these determination on his career instead. The attitude is right, but are you focusing on the right thing?

Like you say (was it you?), no one get rich from UT investments, but many ppl get rich from their business venture, and to a lesser extent, a rewarding career

At 20 something, if one does not put in their 110% in their career I feel that they would have lose out so much. If don't work hard now, 30 something baru want to shine ke? By then your options would be so much less and your peers would have been way ahead

You have an elephant's memory, sis. 😃

Yes, it was me who said many moons ago that we can't get rich from unit trust investments. It should just form one of our baskets of investment.

20's and 30's is when one work hard to build a career. Early 40's and early 50's would be the peak of the earning capacity. Mid 50's and 60's would be preparing for retirement.

BUT can get rich by managing unit trust investment funds  

Off Topic. 

Whatever said and done, no matter who is right and wrong, I admire Ramjade for one trait; his perseverance or tenaciousness.

He reminds me of a drunken bar brawl where a person is outnumbered 5 to 1 but he keeps on swinging and doesn't give up.

You have an elephant's memory, sis. 😃

Yes, it was me who said many moons ago that we can't get rich from unit trust investments. It should just form one of our baskets of investment.

20's and 30's is when one work hard to build a career. Early 40's and early 50's would be the peak of the earning capacity. Mid 50's and 60's would be preparing for retirement.

I didn't balas that because that time I don't know about wait. I just buy when it drop. Now wiser already. Did I regret my buying of manulife asia pacific reits? Of course not.

Of course no travelling. I agree with Gen-X. Airasia makes youth poorer as they let youth travel before they're financially stable. Ticket may be cheap but your trip expenses are not.

Why someone cannot have storng currency? Any problem with that. Just because I wrote about investing overseas and earning other currency you are not happy? If not happy, follow my guide and start earning foreign currency la. See whether I make up my guides or they are real.

Actually money can buy hralth to a certain extend. There's a reason rich indons and malaysian head over to SG for treatment. My friend's father who got into an accident head over there as well as something about recovering faster compare if go to malaysia private hospital. Those Johor people just need to work say up to 40 years old can retire already. Normal malaysian work until what? 50-60 years old? The longer you work, the more stress you have. Higher chance to get all kind of disease. Now who's working smart?

Yes my calculations are flawed but at least I am willing to learn. I didn't say I was a financial expert did I? Wow not willing to learn/take a look from those who are already successful (not me but those bloggers) shows how ignorant and arrogant one is.

Some eg.
- Gen-X send all his kids overseas, pampered his family so much. If you have never read his blog, you wouldn't know what I am talking about.
- ASSI 6 figure dividends. How many can showed real proof of 6 figure yearly dividends. No inheritance nothing. From scratch.
- Createwealth8888 showed it's possible to get a 10% yearly dividend for life.
- Mr stingy and Dividend magic both not as rich as the 3 people above, but they are both good teachers. You don't need to be rich to teach people.

When facts are presented by people who blogged without any interest in front of your eyes but one choose to ignore it. Really wow...

If a person works too hard while young with all the stress and what not, then he might die faster or ends up with many preventable lifestyle diseases. This is because they are sacrificing a lot of things (e.g. relationship, heath etc.) in order to achieve their dreams in the shortest time possible. So even if one can retire at 40 with a few million ringgit, that is not very smart at all. Most of the money earned would be spent on medication and treatment. This is not a good way to enjoy retirement. Some might even be forced to retire due to their medical conditions, not because they have earned enough. While others might be forced out of retirement when they run out of money. This is even sadder.

It is not true that the longer you work, the more stress you have. It depends on the job & individual itself. Working until 50 to 60 years old is not such a bad thing after all if one is healthy & enjoys what he is doing. If a person is healthy, then no need to go seek medical treatment in SG in the first place. There is more to life than just making money.

You assume the rich die faster and the poor live longer and healthier? If anything, I think the reverse is more likely to be true.

  after reading this Schrode's latest Economic and Strategy Viewpoint September 2017
https://www.fundsupermart.com.my/main/resea...17-21-Aug--8751
i am more swayed to having more FI allocation for the short term as suggested by this...
https://www.fundsupermart.com.my/main/resea...rade-Ahead-8596

bro on another topic. u stopped updating your blog?

You assume the rich die faster and the poor live longer and healthier? If anything, I think the reverse is more likely to be true.

How many % of FI you already have ? And what is the new target  ?

Now is 30%...planning to skim profits if tis year (rebalance earlier)...to go into FI......

Skimming profit is a rather mild action with respect to rebalancing. IMO.

Skimming profit is a rather mild action with respect to rebalancing. IMO.

That is how my port can sway 10% to FI.....1 region skim 3-5%  😐

Yeah swing 10% to FI has only roughly 1% impact to the overall dip or gain, as somebody has analysed, if my memory serves me right.

if "that" calculation is correct....
10% = 1% impact
30% = 3% impact
100% = 10%?

Now I remember how already.

Assuming the equity drops 10%, and when you move out 10% of your port, then overall impact = 10% x 10% = 1%, ie you still lose 9% from the rebalanced equity composition.

yes....
but that "rebalancing" is the discipline approach to take stock of the status of the current portfolio composition to fine tune it to the desired % of allocation.
keep the desired allocation in check and in line.