I agree with your first sentence that bloggers could be marketing stuff too,... yeah, perhaps another objective of a blogger.

I don't take to heart of you hinting that I'm a wannabee. You don't know who I am. And I don't believe you are an economics student.

And you are the one who's foolish for not wanting to learn from the journey of a successful investor. Or to PROUD to learn. Or too jealous to learn.

Instead,... regards people asking for tactics as asking for proof.

[quote=Dd2318,Nov 22 2019, 08:21 PM]

[/quote]
No medical specialist so free in the morning to respond a forumer from a nobody marginalised B40 person lah. He'll be making rounds, seeing patients, etc.

The language used, the defence in the response all suggests otherwise, hardly reflect a successful person with estimated sgd 15-20million, to generate a sgd500k annualised passive income. He couldn't be getting 10% dividend, more likely 3-5% dividend.

You really think a high calibre medical professionals, need to seek inputs from this Malaysia forum... To get acceptance from B40s, retirees, small time players, Malaysian millionaires, that he shud retire...Or a fake try to glorify his fantasies? Siao le!!!

Fake lah!!! Take whole packet of salt lah,.. A pinch not enuf.

[/quote]

Your calculation could be right,... 20mil, could generate 500K per year at 2.5% return. That's why I need to see his portfolio too, observes how he segregates his instruments and how he diversifies.

If he does not reply,... then too bad,.. maybe 'unreal' then.

[quote=Dd2318,Nov 22 2019, 08:21 PM]

[/quote]
No medical specialist so free in the morning to respond a forumer from a nobody marginalised B40 person lah. He'll be making rounds, seeing patients, etc.

The language used, the defence in the response all suggests otherwise, hardly reflect a successful person with estimated sgd 15-20million, to generate a sgd500k annualised passive income. He couldn't be getting 10% dividend, more likely 3-5% dividend.

You really think a high calibre medical professionals, need to seek inputs from this Malaysia forum... To get acceptance from B40s, retirees, small time players, Malaysian millionaires, that he shud retire...Or a fake try to glorify his fantasies? Siao le!!!

Fake lah!!! Take whole packet of salt lah,.. A pinch not enuf.

[/quote]

Huh? Why u so skeptical? Why can’t a successful person visit forum? Even a billionaire is not some super human being.. I can tell u some seemingly very successful ppl are pretty lacking either in financial skills or general knowledge ... from the way he answered some posts, he is quite a legit medical specialist ... of course I might be wrong ,, who cares? You answer and assume it is real to get into the gist of the discussion Mah... so skeptical.. adui.. even if it’s fake .. what do u lose ?

Being a medical specialist for so long in Singapore, sgd30mil net worth is not unreasonable ..

Retiring early is on my mind when I just started work but after working for others for almost 14 years, I realized that retiring is not what I want. I dont mind working but I want my time to be flexible.

Decided to start my Company recently with existing 100k+ revenue per year. Once revenue double up and hired 2 staff than my mini wealth will be in full flow.

Client, staff or money will come and go but the business will always be there.

[quote=Hansel,Nov 23 2019, 12:16 AM]
No medical specialist so free in the morning to respond a forumer from a nobody marginalised B40 person lah. He'll be making rounds, seeing patients, etc.

The language used, the defence in the response all suggests otherwise, hardly reflect a successful person with estimated sgd 15-20million, to generate a sgd500k annualised passive income. He couldn't be getting 10% dividend, more likely 3-5% dividend.

You really think a high calibre medical professionals, need to seek inputs from this Malaysia forum... To get acceptance from B40s, retirees, small time players, Malaysian millionaires, that he shud retire...Or a fake try to glorify his fantasies? Siao le!!!

Fake lah!!! Take whole packet of salt lah,.. A pinch not enuf.

[/quote]

Your calculation could be right,... 20mil, could generate 500K per year at 2.5% return. That's why I need to see his portfolio too, observes how he segregates his instruments and how he diversifies.

If he does not reply,... then too bad,.. maybe 'unreal' then.

[/quote]




you all still layan ka?

[quote=Bora Prisoner,Nov 23 2019, 08:09 AM]
Your calculation could be right,... 20mil, could generate 500K per year at 2.5% return. That's why I need to see his portfolio too, observes how he segregates his instruments and how he diversifies.

If he does not reply,... then too bad,.. maybe 'unreal' then.

[/quote]


you all still layan ka?

[/quote]

Hmm,... tks for alerting,...

I like your spirit, bro,... what business are you in pls ?

[quote=Bora Prisoner,Nov 23 2019, 08:09 AM]
Your calculation could be right,... 20mil, could generate 500K per year at 2.5% return. That's why I need to see his portfolio too, observes how he segregates his instruments and how he diversifies.

If he does not reply,... then too bad,.. maybe 'unreal' then.

[/quote]


you all still layan ka?

[/quote]

Thanks, Bro.

I close this specific subject.

To me although a public forum, it's susceptible to online fraud. Evil wins when the good does nothing.
Might not entice some people with higher EQ nor less naive, etc.

But, if we allow such things to happen, will just embolden some criminals to impress others to join their 'investment' n trick some people. Hahaha, I no money to be trick.

[quote=Bora Prisoner,Nov 23 2019, 08:09 AM]
Your calculation could be right,... 20mil, could generate 500K per year at 2.5% return. That's why I need to see his portfolio too, observes how he segregates his instruments and how he diversifies.

If he does not reply,... then too bad,.. maybe 'unreal' then.

[/quote]


you all still layan ka?

[/quote]

What’s wrong here? Dun understand ....

Yeah bro,... quite agreeable with your first sentence.

To your second sentence, I think if a person works hard all his life to earn a lot from his profession or his work, he will have not much time to work on his investing life. He will not be able to focus. There will always be things 'pulling him away' when he tries to, literally.. sit down to study his instruments. Then his family commitments will 'pull him away' too.

Hence, this doc may be able to accumulate 30mil in his career till today, but he must also know how to save this 30mil and not spend it all away, for he may not have learnt how to 'reproduce' more money from this 30mil. If he is to stop working, then his decumulation phase starts.

Under decumulation phase, he will have to be extra careful.

Otherwise, he can NEVER stop working. For he has never learnt to invest on his own.

Didn't mean to imply you are a wannabe.

There are all types of people in public forum; many have vested interest tend to post favourably to advance their interest in particularly bbb/uuu herd. Hence, need to take with a pinch of salt.

As everyone has different risks appetite and liquidity need; one's idea instrument may not suit another.

Hnwi may show off but need not and unlikely to prove with evidence. On evidence and proof, as many slips/portfolio could be copy and paste, is never ending need to prove. However, if one is a private bank client, could easily show without compromising or exposing portfolio.

Many senior doctors in KL live in >RM 10m home, not surprise for sg doctors especially those practice at mount e to have >s$20m assets.

If one has a trustworthy r.m at private bank, one doesn't need to know exact composition of portfolio.

There are many wannabe in public forum; one need to distinguish wheats from chaffs.

This post has been edited by icemanfx: Nov 23 2019, 12:30 PM

Bro Hansel, I know you take pride in your investing prowess but my opinion is if one has a large enough capital a.k.a brute force.. he need not depend on return percentage to generate enough income to sustain his lifestyle ..

A simple conservative rental/bonds/stocks is sufficient to generate 3% yield which he can use up all as his underlying assets are hedged against inflation (except bonds )...

And, for many people , it is actually better to take a conservative/passive approach including indexing because most people including the bulk of fund managers AND hedge fund managers cannot outperform the market ...

This post has been edited by aspartame: Nov 23 2019, 12:46 PM

Sure bro,... if yuo reach the level of 'brute force', then no need to talk further,... then we are talking abt someone with the likes of Temasek's or JLow's assets. NO need to even know abt investing perhaps,...

I was talking more abt a doc with sgd30mil earlier.

Tq bro,...

I worked hard to learn all these,... pushing-pulling and pulling-pushing all my life in my work, family, and friends,... today, reached a level whereby I just need to read the headlines and I can do a guesstimate of what is happening outside there.

I think I outperformed many index benchmarks for many years,... but well,... I have not accumulated any documentation to provide evidence here,...

There are many schools of thought. Some contented with $1m, $4m, $10m, $30m, $100m or never ending wealth.

If one has a trustworthy r.m at private bank, yield could be consistently higher than normal f.d rate; don't need to learn how to invest.

If one has been thrifty, is likely remain thrifty and unlikely to consume excessively.

This post has been edited by icemanfx: Nov 23 2019, 01:14 PM

I have been unlucky then !!!

Suggest you either request to change the r.m or move to another bank. B.o.s is highly recommended.

This post has been edited by icemanfx: Nov 23 2019, 01:40 PM

Bro, I think I believe u do outperform the market as can be seen from your words ... dun worry this is a forum , there is no need to prove anything to anybody unless one wants to.... one filters what he believes and not believe himself...from what ppl write.. u more or less know

With excessive commission paid, it is a tall order for RM to consistently outperform the market .. yr RM is just on a winning streak:)

Yeah bro aspartame,... I think so too,... milking me, that lady,... but never mind-lar, she gives 'other things' in return,...

Bro iceman,... Bank-of-Singapore,... unfortunately,... does very close mark-to-mkt actions,... everything is marked-to-mkt,... my secretary told me this when she enquired with BOS earlier, when OCBC first bought over this wealth bank from another institution and renamed it to BOS,... forgot which institution it was.

Ok bro,....