Then should just save up get minimum deposit.

15% of 400k is RM 60k.

10% of 600k is RM 60k.

Got difference meh.

Another quarter, another small step towards FIRE. 

My 1H 2023 Dividend Portfolio Update

My portfolio size is around S$713k. Started investing 14 years ago.
You can read the details on my blog. 

My Blog

well, just for discussion and awareness, what is meaningful?

if entire life till 55 been at B40, then B40 lifestyle is the meaning. To expect T20 lifestyle at retirement is just unrealistic.
there are 2 more factors that the healthy and young always forget that runs out: time and health.

many of us here are not at the B40 or M40 even, but we tend to project our requirements to everyone with regards to spending. I am sure the ones with 20 million networth will say they cannot retire if they only 10 million networth. haha.

But to fair, I also think a B40 statistically won't have accumulated 500K rm or 1 million. it is very hard.

As long can slap the Mr knows- it-all slap face guy. 👍🏻👍🏻👍🏻

Hi forumers,

Need your opinion if I can achieve FIRE with below numbers.
In other words, can i quit my main job (salary 1 in below).
I have 2 small kids currently at the age of 7.
I have accumulated this much of wealth and quite worn out with my current job.
What could be the best strategy to move forward with this status.

Saving & Investment
Saving in FD : 200k  ( 4.0 % pa return )
Saving in Current Acc. : 250k (i keep there to reduce interest for Home Loan 1)
Saving in Current Acc :  320k  ( i keep there to reduce interest for Home Loan 2)
Unit Trust : 230k
Share Market : 100k
ASNB : 60k
Retirement Money :  350k ( will receive if i quit my job )

Liability & Expenses
Home Loan 1 : 280k Outstanding  ( monthly 1.3k)  - current market value of property : 1 mil
Home Loan 2 : 680k Outstanding  ( monthly 3.5k)  - current market value of property : 1.3 mil
Home Loan 3 :  170k  Outstanding  (monthly 0.5k)  - abandoned project. servicing bank interest.

Monthly Fixed Expenses :  12k ( insurance, home loan, child education, Utilities, current house rental,etc)
Monthly Variable Expenses :  3k ( food, travel , leisure , etc. )

Income
Salary 1 : 35k  ( My Income  )
Salary 2 :  7k ( Wife Income)
Rental  1 : 10k ( Short-term Rental income from  Home 1)
Rental  2 : 1.6k ( Normal annual rental )

thanks, but i feel nothing, cause they are mostly rolled back into capital (compounding interest).

your stock market return is superb - something (my) epf can only dream about.

Wow. Nice. I can only dream of 20k/month. I am only getting like RM3K/month currently excluding my semi passive incomes (selling options)

No. Dividends only. Just pure money from dividends. It's the most passive that you can. I don't count EPF as EPF is money that you can't really use until 55 years old.

My options is easily USD25k-40k per year.

Or: Just USD485k net worth you are already Malaysia TOP 1%

Wonder any update to these numbers as I believe it was done few years back (2023?)

Many epf millionaires here. But not me 🤣

for sure... have started moving funds to my kids' epf too... no worries...
after i fire... for many years i have less free time actually... still have to wake up early to fix breakfast, send wifu to work and kids to school, and back... am on the road 4-6 hrs a day!... have to shop and fix dinner too... lol...
actually i want to teach mine trading ... its always good to have a side hussle or backup... having a good career and connection is good... not having to worry about money can be liberating...

i encouraged my kids to chase their dreams and i'll have their back... they all decided to pursue vocational schools... haiz... so far only 1 kid is interested in my trading... i told her to focus on school first... but i did show that if one can win/compounds 0.4-0.5% a day... one can finish school a millionaire... hahaha....

A lot of people won't be able to retire (early or otherwise) because of what the Orange Monkey did. Hope the Monkey choke on his burger.

Bro everyone will be affected
Don't think you will be spared

When USA sneeze everyone catch cold!

This is man made disaster, by one man!

Natural disaster eg earthquake flood damaged properties cars.....is totally different

There is no joy in such opportunity.....people lost home cars etc.... even if I get to repair more cars build more houses...

What more a man made disaster.

thanks for sharing... any info is appreciated as it is based on real person and real life... no longer theoretical.
you are obviously conservative like me...

My curiosity stems from a bit of a disconnect between my expectations (theory) and lived reality.
I’ve been FIREd for almost 4 years now. This is what I noticed for my case:

a) family monthly expenses, as budgeted, remained steady over the past 4 years and should still be valid for next 6 years. In fact, I’m underspending by about 10–20% for many of the months.

b) networth has actually increased by nearly 50% during the same period, with zero active income. So technically, I can up my spending by that much, and I’d still be fine. (this is now my excess buffer on top of my already buffered portfolio)
  – It would’ve been even better if not for King Trump’s erratic tariff policies 3 weeks back. It’s this kind of external shock that remains a concern for me, not the regular market fluctuations.

c) Touch wood — the only major unexpected expense so far was helping an elderly relative with a medical emergency. luckily its only around 30K rm, so still manageable.
I also do some selling of options but they are just to supplement the passive income from EPF and equities. definitely not as much as yours in relative terms vs passive income elsewhere.

At certain point, it's no longer about money liou

It's about not staying at home, listening to wife "music"

So, better work half day to stay sane

FIRE only when one can stay home shake leg... otherwise i advice dun...

i have many t20 friends... they dun consider FIRE also...

No need see T20... many T5 I know also dun have 5mil of liquid assets (excl. hard assets like house/condo etc) to FIRE...

majority of FIRE here is just sembang kari ikan, ayamz still need to work in some way or rather...

for reason of pocket money la.. for killing time la.. boring la after few years.....etc...

majority still work coz they still feel financially insecure if one really look at the roots...

No need see T20... many T5 I know also dun have 5mil of liquid assets (excl. hard assets like house/condo etc) to FIRE...

majority of FIRE here is just sembang kari ikan, ayamz still need to work in some way or rather...

for reason of pocket money la.. for killing time la.. boring la after few years.....etc...

majority still work coz they still feel financially insecure if one really look at the roots...

They got traditional mindset that must work until retired. Told me young people need to work.
Force to work because parents want me to work. If not because they want me to work, I won't even bother working as I can earn like 3-4x monthly salary with my investments.