200k before age 30(28/29/30) in FD and normal savings consider normal or low??


No investment in anything yet like stock trading crypto only sitting in local banks


Good or bad to hoard ke later scared all gone GG due to shitting MYR


Half from mama and papa half from own celery


K financial experts come give opinions

This is normal m40?

This post has been edited by Raddus: Oct 18 2022, 12:08 AM

Not enough

Need 500k at least

Normal depends who u ask

If u ask poor people 200k is like waaaaaaah

U ask rich person they like meh

It’s all about perspective and what is important is that make u feel good or not

To me I don’t have that much but I have 800k in epf

But knowing I have to live for another 24 years in this world which I may not even survive due to risk gives me sense of fragility

age 30 with 10 btc

yo first off congratulations on that kind or savings...i know its not ez unless daddykasi alot. 2nd...FD first while you figure out what to do with it. OPR recently up, so returns on FD should be going up right? (at least what Financial Faiz say one)

Put:
20% FD
20% KWSP
20% Gold
10% Bitcoin/ETH/crpto
30% go buy house

age 30 here. don't even have 10k in my savings/FD/investment/stocks/whatever-places-i-can-park-money

For current market is quite alot, is like 1.7k permonthly saving

strawberry ask from boomers fama any amount also can no need to ask k

40+ i still not even 100k yet.

Nothing great considering 20k/month is k standard salary

Very good for a 30 year old. But preserving it and growing it is the next step.

Stocks, real estate...crypto....medium-long term.

depends u asking those above you, or those below you

but for realzies, got large sum of savings is better than none...regardless of age

yolo, live in the moment

save save save end up cant bring into the grave pun

Let say you start work at age of 24, 100k/72mths is about 1.4k saving per month.

Not sure what's your job and salary, for average it is normal.

if 1.4k is like 10-20% of your salary, I think you better save more if not much commitment.

As for investment, not expert. I do research and learn from internet and others, so invest on your own risk.

depend what u gonna do with it??? 200k its just a number in the bank , the most important its the generate passive income

i rather have passive income of 10k per month than to have 200k in bank while u still need to work

consider OK if you didnt make any purchase

usually u will start to pay for house DP ; car DP or divert the money to elsewhere

for my case

before 30
money spent to
car DP, house DP, another car with cash


This post has been edited by fantasy1989: Oct 17 2022, 04:52 PM

At 30 i had 500k FD

250k in burshiet....

I had 200k at 30. I feel terrible coz all come from ESOS and not from my savings. Terrible saver actually.

Then I placed like all of it buying and renovating my house in the next year.

If you saved 200k from normal savings, you are doing fine. Another 10 years, u can save more than that due to higher wages.