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Bonds dont need bragging rights.......they just keep paying quietly..

1. Epf is fixed price, bonds are not fixed price (unless held to maturity). Interest rates go up, bond prices fell. Interest rates go down, bond prices up. If there is a recession, interest rate will go down a lot. And bond prices should go up much more. Then switch to buy equities cheap. That the theory. If no recession and rates are stable, just enjoy the yield. The risk is inflation spiking up and interest rates going up but I dont expect this in the near term.

2. A mix of all those reasons. Im abt 3 years close to my retirement age target, so Im more defensive. I dont want any big drawdowns till that date esp since markets are so high.. If there is a big drawdown, then I might feel the need to delay my retirement. Dont want that. Better be slow and steady.

Also, yields were very attracfive since last 2-3 year. Bonds allow u to lock the rate. Unlike cash. Now yield are somewhat less attractive, but still not bad.

Finally it also aligns with my macro view that yields are coming down.

3. 7% is my estimate for the year, not YTD. It could be higher if there is a recession. Also my bonds are mostly non-MYR. Part of it has currency hedge, but not all. So big FX swings could also change this.

That's why I make my future wife live my life. Intermittent fasting, less junk food for her, 24H fast on and off. Good healthy food. So savings on good healthy food like high quality extra virgin olive oil, 100% raw cacao, japanese green tea.

Me..since 2017 when gold was around RM180 gram. Now i have also included silver in my portfolio.

I just read this, few minutes ago.
The actions of these Japanese men (kind of very similar to one of the forumer in here).
....He has lived an extremely frugal life for years.....saved US$440,000, and another man saved US$910,000

"A 67-year-old Japanese man ( Suzuki ) who has focused on saving money for decades, including not using an air-conditioner and shunning restaurant meals, cooked for himself and took a lunchbox to the office every day, usually containing bean sprouts and chicken.

Suzuki has lived an extremely frugal life for years.
[b]( While someone here said he lived as B40 while earned as top M20/T20). [b]


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https://www.scmp.com/news/people-culture/ar...rets-retirement

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Lets say u achieve FATFIRE by 40yo, n your children just starting primary education, would u still live B40? Assuming by then u r still actively investing n profiting.

Due to vast differences in standards and cost of living I guess

What if the family member actually earns RM300k per anum and only spends RM30k for himself and family? Good or bad?

A decade or so ago when i just came into the forum, i said we need  at least 4 million for fire and everyone laugh at me. Fast forward to now, some even says need 10 million.

bro guy3288... most ppl already live a b40 lifestyle... nothing wrong being frugal without luxuries... in bro ramjade case, he is being selective only spending money on healthy food and private school, etc...

as for time, he is not working 3 jobs 14 hr day not spending time with family... he is probably doing a most relaxed job to meet parents expectation and tax benefits...

as for fire... at 40, he has 20 yrs of extra "9 to 5" time to spend on himself n wive that would otherwise be given to some company... buying back time in this respect...

i think those who wanna fire have very good discipline to stop active income. always thought ppl will think money never be enough, no matter which level

International school + overseas Uni total cost would be >rm 1mil per child.

The best route is get a scholarshio oversea and you can pocket the 1M IF we can turn back time.

there are other benefits other than accumulating money. once one retires, the mind becomes more idle than usual, and that's when all the diseases come. just look at dr m, who has never stopped 'working'.

if u have been to hospitals and old folks home u will understand. if u just eat and sleep then mind will slowly float away. post-retirement still need some proper hobby etc, not just money to eat and sleep. just saying continuing to work is just one of the many ways to kill time and remain active. many become grab drivers etc to remain active.

on the side note, actually i was trying to say his mind is actively scheming.

If i could do that i would choose A, d savings in 80s may be could buy 40 acres of land which is worth 10mil today.

Do you FIRE because you wanted to or because of some circumstances? If without those circumstances will you still FIRE or continue to work?

Was wondering as well. Sometimes I try to clear AL I also not sure what to do with the extra hours away from work

So what dods a typical day of a 40s yo FIRE person look like? A weekday when other people is at work for example.

So within 4 years get additional 1M even though FIRE?