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 FI/RE - Financial Independence / Retire Early

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Cubalagi
post Feb 4 2023, 12:21 PM

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QUOTE(Ewa Wa @ Feb 3 2023, 03:50 PM)
When heavy rain, and u need to get down to open ur gate to park ur car then u know how important the auto gate is! I just fix one and so thankful recent rain season.

Is a need not want  sweat.gif
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Esp important for old retired folks. Risk of slipping falling. I put an autogate for my parents landed property.

Me, I just stay in condo.

Aaron212
post Feb 4 2023, 12:58 PM

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QUOTE(wongmunkeong @ Feb 4 2023, 08:13 AM)
U do understand proper investing, cash management and risk management is NOT trading or shitcoins right?
investing is +ve probability skewed, ie. the longer U stay in, the higher probability to make more, unlike casinos / gambling which is a -ve probability skewed
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Investment no guarantee untung

Bekum doctor guarantee untung


MUM
post Feb 4 2023, 01:09 PM

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QUOTE(Aaron212 @ Feb 4 2023, 12:58 PM)
Investment no guarantee untung

Bekum doctor guarantee untung
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Doctor need extremely karge amount of money to study.

If half way gives up, or half way realised not smart enough, ...money spend all wasted.

That money and time spend on taking that don't know can be qualified career, ...if spend on investment, ...... can the money be big and how long does that doctor need to save to reach that sum?



CommodoreAmiga
post Feb 4 2023, 01:09 PM

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QUOTE(prophetjul @ Feb 3 2023, 03:42 PM)
This Commodore is a laptop freak.
Kenbak is a 1970 laptop or personal computer. Amiga is approx 1985.  laugh.gif

Female=Freaking burn money  laugh.gif
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I am not laptop freak. I am 8 and 16bit computers freak. ๐Ÿ˜‚
Aaron212
post Feb 4 2023, 01:14 PM

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QUOTE(MUM @ Feb 4 2023, 09:09 AM)
Doctor need extremely karge amount of money to study.

If half way gives up, or half way realised not smart enough, ...money spend all wasted.

That money and time spend on taking that don't know can be qualified career, ...if spend on investment, ...... can the money be big and how long does that doctor need to save to reach that sum?
*
Doctor can be millionaire

Millionaire not necessarily can be doctor

Sent ur kid bekum dr
CommodoreAmiga
post Feb 4 2023, 01:17 PM

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QUOTE(Aaron212 @ Feb 4 2023, 01:14 PM)
Doctor can be millionaire

Millionaire not necessarily can be doctor

Sent ur kid bekum dr
*
Doctor CAN become millionaire.

Millionaire ALREADY millionaire.

No brainer choice.

๐Ÿ˜‚
MGM
post Feb 4 2023, 01:17 PM

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QUOTE(Aaron212 @ Feb 4 2023, 12:58 PM)
Investment no guarantee untung

Bekum doctor guarantee untung
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After spending a fortune and graduated, some gave up cos cant stand the pressure. Some invested n operated own clinic but no biz. Nothing is guaranteed.
wongmunkeong
post Feb 4 2023, 01:20 PM

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QUOTE(MUM @ Feb 4 2023, 01:09 PM)
Doctor need extremely karge amount of money to study.

If half way gives up, or half way realised not smart enough, ...money spend all wasted.

That money and time spend on taking that don't know can be qualified career, ...if spend on investment, ...... can the money be big and how long does that doctor need to save to reach that sum?
*
it's good - we need more people like that person's mentality to keep working for $, rather than have $ work 365/24/7 for us.
else too crowded & competitive brows.gif

This post has been edited by wongmunkeong: Feb 4 2023, 01:21 PM
romuluz777
post Feb 4 2023, 01:22 PM

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No point sending kids for full tertiary studies overseas. Local private tertiary is good enuff. Its not worth it to sacrifice oneโ€™s own retirement and happiness just to send kids overseas at a high cost.
CommodoreAmiga
post Feb 4 2023, 01:32 PM

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QUOTE(romuluz777 @ Feb 4 2023, 01:22 PM)
No point sending kids for full tertiary studies overseas. Local private tertiary is good enuff. Its not worth it to sacrifice oneโ€™s own retirement and happiness just to send kids overseas at a high cost.
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Yep. Unless you super rich ok lah. A few million ringgit is loose change, like Ku Nan.

If just barely manageable, spending more than half your networth for kid's education is insane. Kid also won't thank you, work as coolie instead of have a better head start or another property or two.
CommodoreAmiga
post Feb 4 2023, 01:34 PM

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QUOTE(wongmunkeong @ Feb 4 2023, 01:20 PM)
it's good - we need more people like that person's mentality to keep working for $, rather than have $ work 365/24/7 for us.
else too crowded & competitive  brows.gif
*
Doctors engineers likely become very rich and billionaire when they join TriumpFX...๐Ÿ˜‚
Aaron212
post Feb 4 2023, 01:39 PM

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QUOTE(CommodoreAmiga @ Feb 4 2023, 09:17 AM)
Doctor CAN become millionaire.

Millionaire ALREADY millionaire.

No brainer choice.

๐Ÿ˜‚
*
1 millionaire can finish in a heartbeat

Bekum dr roi min 150k per year

Just work like a horse
Unkerpanjang
post Feb 4 2023, 01:54 PM

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QUOTE(Aaron212 @ Feb 4 2023, 01:39 PM)
1 millionaire can finish in a heartbeat

Bekum dr roi min 150k per year

Just work like a horse
*
Pls dont short sell the medical profession, most become doctors for the nobility n personal promises of building a better society.
Along the way, some get rewarded for their expertise n service.






MUM
post Feb 4 2023, 02:05 PM

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QUOTE(Aaron212 @ Feb 4 2023, 01:14 PM)
Doctor can be millionaire

Millionaire not necessarily can be doctor

Sent ur kid bekum dr
*
Millionaire does not need to work.
Doctor still need to work like a horse.....maybe had to work for a millionaire too.

Sent your kid to study DR, ...can sure he can qualified to pass?

This post has been edited by MUM: Feb 4 2023, 02:08 PM
guy3288
post Feb 4 2023, 02:53 PM

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QUOTE(CommodoreAmiga @ Feb 4 2023, 07:51 AM)
Yeah. Overseas education for doctor need RM1m. Other course maybe less.

Seriously, with RM1m. Better teach kid how to invest and get a head start in life rather than slugging it out as houseman here.

Unless that RM1m is like less than 10% of your networth, ok lah, can dump it into salty overseas water.
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if you are lucky your kid can save you money




QUOTE(prophetjul @ Feb 4 2023, 08:09 AM)
My children are not returning.
Morning Bro.
RM50 for that???????????  icon_question.gif
Is that in Aus?  $16?
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i hate it when my son says not coming back
worse he say prepare money pay penalty

QUOTE(Aaron212 @ Feb 4 2023, 09:02 AM)
U gib son bekum Dr he wont starve to death. But whether he bekum super rich thats a bet

If teach invest he might lose it all n then end up from 0 with no professional knowlegde then go do property or insurance agent adi
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education is very important, No.1
arm yourself with it first
investment can come second

QUOTE(prophetjul @ Feb 4 2023, 09:05 AM)
More likely MORE than Rm1mil.
Depending of course where they go for their courses. In the developed nations, Rm1mil will not be enough for medicine.
Maybe just enough for the fees.

OTOH if they go to Manipal,  laugh.gif
*
many just go india
much cheaper


QUOTE(MUM @ Feb 4 2023, 01:09 PM)
Doctor need extremely karge amount of money to study.

If half way gives up, or half way realised not smart enough, ...money spend all wasted.

That money and time spend on taking that don't know can be qualified career, ...if spend on investment, ...... can the money be big and how long does that doctor need to save to reach that sum?
*
i know a friend's kid
private medical school too tough midway tak boleh tahan
switch out to engineering

parents spend money for kids education never say wasted wan
how hard also they sacrifice

some rejected by local U
still mati mati want to be doctor
parents mortgaged house etc,kesian .

QUOTE(romuluz777 @ Feb 4 2023, 01:22 PM)
No point sending kids for full tertiary studies overseas. Local private tertiary is good enuff. Its not worth it to sacrifice oneโ€™s own retirement and happiness just to send kids overseas at a high cost.
*
Yes we pay tax contribute to local university malaya etc

kids education semua bayar sendiri , mana boleh.

make use of whatever gomen provides no shy shy




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prophetjul
post Feb 4 2023, 03:31 PM

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QUOTE(guy3288 @ Feb 4 2023, 02:53 PM)

i hate it when my son says not coming back
worse he say prepare money pay penalty
*
i advise them not to come back. biggrin.gif
What penalty?
SUSTOS
post Feb 4 2023, 03:37 PM

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In SG minimum salary is 5k SGD per month liao... I thought it's still 4k... tongue.gif

https://www.sinchew.com.my/20230204/%ef%bc%...b5%b7%e8%96%aa/
CommodoreAmiga
post Feb 4 2023, 05:10 PM

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Just sharing...got to know an old classmate from secondary school just passed away....haven't reach retirement age yet....sigh.....โ˜น๏ธ

Live long and prosper, people.
MGM
post Feb 4 2023, 05:17 PM

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QUOTE(TOS @ Feb 4 2023, 03:37 PM)
In SG minimum salary is 5k SGD per month liao... I thought it's still 4k... tongue.gif

https://www.sinchew.com.my/20230204/%ef%bc%...b5%b7%e8%96%aa/
*
Most figures given were average salary, minimum should be lower like ~3500.
Aaron212
post Feb 4 2023, 06:34 PM

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QUOTE(Unkerpanjang @ Feb 4 2023, 09:54 AM)
Pls dont short sell the medical profession, most become doctors for the nobility n personal promises of building a better society.
Along the way, some get rewarded for their expertise n service.
*
U bekum doctor to live in low cost apartment? Don't lie

Bekum doctor not easy. Alot of stress involved. They get compensated well it's deserving

Most doctors are underpaid

Bekum TikTok star earn even more than doctor

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