This is truly great! Go forth and immerse yourself in the cause that inspires you.
All the best friend! Bring warmth to the world.

Don’t really need private banking. Depends on the individual needs. TS is a mum and is looking to plan for here financial future.

too much but just keep only is not beneficial.
should let other crucial ppl to get the cash flow for it to be properly utilized bro.

Very few people outside private bank have experience in managing wealth, more likely to meet conman.

Any examples of the "crucial people"?

thanks friend, need other school mates to join also for more impact.

Very few people outside private bank have experience in managing wealth, more likely to meet conman.

you mean before this my father / gandfather/ and beofore that  1970 they all meet conman?  So your few people is wrong.

human are generally wise and they learnt. Majority

those meet conman are few people. minority.

For reasons, only about 4% of adults in this country have over USD 100k net worth.

that bcs it is excluding the Net worth of their primary residents. which you very much promoted not to buy. But most 70% people buy from investment/live in/ financing it/ store thier wealth

https://www.google.com/search?q=net+worth+e...chrome&ie=UTF-8

Investors with a net worth, excluding their primary residence, of at least $1 million—either alone or together with their spouse—are "accredited investors" in the eyes of the Securities and Exchange Commission (SEC), and, therefore, permitted to invest in unregistered securities offerings.11 Feb 2021

In reality, if one's net worth is less than USD 100k, how much zis residence could worth?

There was a similar discussed topic before, but the topic is closed now.

Starting here for me and others to share their experiences and their ideas about FIRE.

I am a single mum, and my only child recently just started working. I am in my late 40s, My plan now is going to FIRE.

I am now working already since last year because of the pandemic. And I don't plan to go back to work and will be doing my leisure things and charity works.

At the moment, my banking assets is around RM5million ( half in FD, rest in UT, KLSE). I got burn in KLSE this year because of gloves, and lesson learnt. I don't have any bank loans.

What i dunno what to do in my financials, should i look for a financial planner to help me plan?

What do ppl living in FIRE do with their money?

THanks

After a month from my first post here. What i have done is

- open a SG banking account and transfer some RM to SGD (10%). THinking to buy some stable bonds with around 3.75-4% coupons (Mapletrees)
- open my stashaway with 2 risk group (18% and 36%)
- bought Maybank and Public bank shares in KLSE this week.
- Renew my FD (after mature last week) 2.6% 12 months

Don't bother with bonds. Go straight for their reits.

Don't bother with bonds. Go straight for their reits.

Plus bond payout only on maturity instead 

Likely pushed/promoted by r.m.

Mostly because of commission otherwise won’t be attractive 

Most r.m have wealth management products target to meet monthly. bank earn little from f.d.

After a month from my first post here. What i have done is

- open a SG banking account and transfer some RM to SGD (10%). THinking to buy some stable bonds with around 3.75-4% coupons (Mapletrees)
- open my stashaway with 2 risk group (18% and 36%)
- bought Maybank and Public bank shares in KLSE this week.
- Renew my FD (after mature last week) 2.6% 12 months

Don't bother with bonds. Go straight for their reits.

FD at 2.6% is impressive. Mind sharing which bank. Thanks.