Many well known bloggers derived their income from website visit, products/services sold and advertised. Hence, could only take their blogging with a pinch of salt.

Only those wannabe don't believe others could better them and insist others to post evidence/proof.

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.

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 ..

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 ...

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.

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

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

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

High yield bonds yield better than f.d.

High yield bonds is not capital guaranteed. As said, everyone's risks appetite is different.

Like all financial institutions, banks certainly needs to make money. There are many schools of thought; if one doesn't allow other to share, best to be self employed or self service.

Thx for compliment ya.. but I not really a kind soul.. I just say truth as it is and sometimes I also agitate quite a number of ppl cause they talk nonsense or have what I believe are wrong convictions/ statements ...

More likely a large number of scb priority customers have stocks as aum and likely to exit if scb no longer in stocks broking.
There isn't any instrument that is forever green. One needs to rebalance and shift portfolio from time to time.

Given growing online shopping, demand and yield of REITs is expected to drop.

Bank Rakyat does. Some other banks also have monthly interest in fd strictly for senior citizens. Also longer term placements of 24 months and above get higher rates. 60 months placements are not unheard of.

The correct performance chart should be on its growth performance. Ignore those charts plotting the nav prices, the nav prices of mutual funds are erratic due its distribution/dividend, it is wrong and meaningless to plot their nav prices as if they are same as gold prices.

P.s. in a large fd placement, one can also ask/negotiate a better rate than the standard board rate.

Monthly interest has been there since time immemorial to me...
it goes to show even if unsure, you could still use the superlatives  to push your stand without  checking first.

Institution clients tend to bank with investment bank.

1) if you look at the performance charts with dividends reinvested, you may get a rising performance over a certain period. But,..

2) if you look at the performance charts purely on the nav value, the tendency is you will get a falling nav over the same period.

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The right growth chart or performance chart is as what you described in (1), with the income distribution reinvested. With the distribution/dividend included, it shows the actual value of your holdings, and thus its total growth/performance in percentage.

There are some sites showing charts on the nav price as you described in (2). As stated, the chart is based on the daily nav price. It may shows the daily increments of the nav price (which is equivalent to the "performance of the fund"), but this is accurate until the next distribution.

After each distribution, the nav price drops. Over a long period with many distributions, over multiple years, the chart based on the nav price would be relatively flat within a narrow band.

The chart in (2) is only good for a short period until the next distribution and not useable over a long period of several years. Best is to simply ignore and disregard these nav charts.

Do take note that the performance chart as in (1) may show a sudden dip after a distribution, but in the following days, the chart will be adjusted to show the correct daily increment/decrement after the distribution is factored in.

Scb had a few troublesome years, they were shredding non core business.

Financially, hsbc fared better than scb.

Hsbc is sizeable in the u.k, other countries and also listed on lse.