Let's say your bond fund had raised 5% this year and they declare dividend of 5% also, then max you should withdraw/sell is 5% as well so as not to eat into the principal. Of course, if you take inflation into account, then you should sell less than 5%.

UT dividend should be part of your retirement income streams, such as FD, EPF, stocks dividend, ASNB funds etc. I guess with all these income streams, then we could have sufficient to sustain certain lifestyle after retirement.

Naive n funny ?

im 34yo and being a normal exec, im glad i just started to invest something which is easier for me = ASNB fixed price

but feel so helpless, want to buy house also no money, feel like wanna do part time but not sure where

Yes good lelong props are there waiting for you to pick up.
You don't need much money, start with RM200k you can try it.
Imagine you buy lelong LMC DS hse at RM48+k
rental RM450 already >9% pa.
best part is in just 4 yrs can sell RM190k now
market price is RM210k.




often is the owner could not or did not pay his bank loan,
especially those LMC houses

I got one LC Flat at RM75k where the previous owner just keep collecting rental RM450
never pay his loan, just want cash did not want the property
cheap or not you decide.....

In my portfolio- properties give the best returns
just on rentals alone 8-12%pa/buy cost.
imagine if add in price appreciation.

icemanfx found you a target to spend your time

Isnt it better to buy few medium-cost houses then many lowcost one as you need to deal with less tenants?

Wise investors buy when blood is knee deep on the floor. lelong at right price, right location and right units is what property investment all about.

most uuu/bbb herd are blinded by greed; for reasons, the herd is almost always end up in either over the cliff or slaughter house.

Very much depending on individual. some prefer commercial and industrial over residential.


This post has been edited by icemanfx: Sep 28 2019, 11:03 PM

I have been a silent follower of this thread for months now, think kinda been hijacked by some unrelated stuff recently.

Are you sure? His target is on those greedy buyers who buy on borrowed money, those flippers.

heard many stories of bad tenants? luckily mine ok, perhaps my agent good.

Higher end props return on rental not good
condo at LaVista bought at RM300k, rental RM1700 deduct maintenance RM220 =RM1480.
A Semi D in Puchong bought at RM600k, rental only RM2000
You decide which is better.
Worse, now the Condo is vacant few months already,
Semi D tenant required repeated chasing to pay up.


For those who borrow money to invest they need to think twice as hard and yes I agree
they might need to wait till blood is knee deep...……...to be safe and not end up in slaughter house.

On the other hand if one were to try those cheap lelong props, just how much losses can one suffer ?

For property investment, if one is familiar with the area and unit, foreclosure is probably the best value buy. Value buy from foreclosure is like hunting with trap, need to have patience.

You are correct, i don't like to see ignorant invest blindly or following the herd.

This post has been edited by icemanfx: Sep 29 2019, 11:20 AM

How u find it’s scam ? Ppl been invested for more than 20 years ...

registered in bvi and correspondence address in auckland? do you realize where the office is allocated? this fb give you a clue; https://www.facebook.com/Syradhadlibeauty

[quote=icemanfx,Sep 29 2019, 06:29 PM]
registered in bvi and correspondence address in auckland? do you realize where the office is allocated? this fb give you a clue; https://www.facebook.com/Syradhadlibeauty

[/quote

Are u serious ? How is this fund related to

Syra beauty ? My relatives been invested since inception, most of them hv opted for early retirement

[quote=rebeka,Sep 29 2019, 07:55 PM]
[quote=icemanfx,Sep 29 2019, 06:29 PM]
registered in bvi and correspondence address in auckland? do you realize where the office is allocated? this fb give you a clue; https://www.facebook.com/Syradhadlibeauty

[/quote

Are u serious ? How is this fund related to

Syra beauty ? My relatives been invested since inception, most of them hv opted for early retirement

[/quote]

This is offshore fund registered n licensed in big , fund manager office registered n governed in Singapore

Correction : bvi instead of big

Bond funds typically declare around 3%-ish. Not many bond funds declare 5% back to investors.
But if you have found a bond fund that declares 5% distributions back to investors regularly, then yeah it can be one good retirement income generator.

Only if you realize where the office/corresponce address is located.

governed in sg under msa? where is their office in sg?

This post has been edited by icemanfx: Sep 29 2019, 08:16 PM

I volunteer to go to their SG address and update
Just to not let gullible ppl lose their hard earned money

Don’t think of investing only, should have plan for spending the wealth and health on appropriate stuffs / our liking. Be happy is more important than be stressed to save ($) to the max. Or earn more to spend more. Well thats my view on happiness & absolute freedom.

There's no wrong or right here. Its all down to priorities.

Some willing to sacrifice now (not necessary a huge sacrifice if the person doesn't have the urge to spend lavishly/doesn't have many "want") by living frugally/save more so that they achieve FI younger and also able to adjust themselves to a cheaper lifestyle in the future.
...while some spend more now and choose to stressed about money in the future year as they prioritize the "happiness" now more than a less stressful future. Imo, most of these "happiness" are just temporary.

There's nothing wrong with it, just that financial stress may has a bigger impact in our life when we are older compare to that when we are younger (no kid, no huge commitment etc).

Also, there's a well-known Chinese proverb that goes like this, "由俭入奢易，由奢入俭难" which directly translated to It is easy to go from frugality to extravagant, but difficult to go from extravagance to frugality..
If we can adjust our lavish lifestyle from our younger time (20-30) to a more frugal lifestyle in our older age (>40) then it should be fine. But if we can't, we may need more nest eggs to achieve financial freedom (which will be harder since we are not saving much in our younger days)

All and all, it's down to our personal priorities and future planning.

Also, there's also another option beside investing which are generating more active income like side gigs, entrepreneur etc. By generating more income, it might help us to achieve the "happiness" that we want while not affecting our future but that's a another separate topic.

Just my 2 sen