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.

if need to ask, then not enough la tiu

Bruh u need to ask papa mama to reach that???

I had that amount in foreign currency by 30, but I very thrifty..

If no 1 mil by 30 you're a failure

epf considered normal savings or not?

Haven't included EPF

RM200,000 put in Maybank = RM27 dividend per day.
Basically you got your lunch and dinner money covered already.

Very good.

I didn't reach that.. because I bodoh work in marehsia few years before going overseas. Should have gone overseas directly.

Dividend so good one? Wth ... If I'd known....got so much meh, like that if I convert all my foreign currency and put in 2 +million Maybank shares, dividend get 270 per day I can just do something I love and not be worried about daily expenses? Sounds legit. Everyday Cheong rm200 then rm70 for meals. But the only issues is garment making it hard for pharmacist from foreign country to come back. Bodo.

This post has been edited by Knnbuccb: Oct 17 2022, 05:10 PM

not bad la. if i didn't have home loan to pay, i would have around that much as well.

Ur parents gave u 100k?

Charsiew...

u r 50s? Why so down. Maybe u can live long like mahathir

What did u spend on? Crypto ? Or invest in urself.

yes correct

Even locally possible

Yes it is.

But this strategy only set back is if you withdraw all dividend, the yield will not readjust according to inflation.

So nice. I only got 130k only at 30

Uphill task to make it 1mil by 40

This post has been edited by lopo90: Oct 17 2022, 05:16 PM

of course everything is possible..mark zuckerberg 23 years old alrdy billionaire
but my tactic is just work without investment . just plain saving from income. dont tell me work locally in petronas then each month put in crpto then become millionaire etc. or own a buisness selling sambal earning millions

This post has been edited by Knnbuccb: Oct 17 2022, 05:17 PM

dont withdraw all dividend lo... just use whatever u need and the extra leave it in, plus the principal u invested will always go up if the price of theshare goes up.

There's no way anyone of us can comment if it's good or bad with the amount of information given by you - Concluding that this is a e-penor stroking thread.

Even if you don't withdraw at all, the dividend yield is not good enough to keep up with inflation.
Food eat out inflation rate is around 7-8%.

I have this kind of asset also but after service commitment really feel like not enough.

I target double it in 5 years.

This post has been edited by kens88`: Oct 17 2022, 05:43 PM

I stagnant at 100k at 30yo because I sinar I citra. Plus didn't self contribute since 3 years ago liao.

I'm 30 years already, don't even have 100k.

But if papa mama gives additional 100k..

Then could be almost 150k.

You are lucky.

About the MYR dropping, there's no solution unless you can take risk. If don't want risk, put into FD or Amanah Saham.

This post has been edited by Natsukashii: Oct 17 2022, 05:44 PM

Spread it among gold, stocks and currency ...
If nothing happens should be 400k by 40, then come create tered again ....

no wonder my gf always say spend je la all the money buat pe save so hard...

invest in yourself better, go all in, and be desperate for optimum growth

gg become worthless money

harap ada jugak

If 100k wasn't from ur parents then it's quite impressive.

Employer share option scheme

Dont care much, keep care keep rich ppl tell you cikit, poor people say alot. In the end nthing change

Not even properties investment?

uhmmm i'm 28 and only have below than 20k saving hahahahahah but i have personal bank (husband)

if your husband got 20k

so technically u got 40k only

Plan and live your own life man, don't seek unecessary validation from society. They will always find a way to bring you down

hmm i 32yo i only got like 80k nia in terms of savings excl EPF

It's not alot. Give you a perspective, if you need 10k to visit Europe, you can only do it 20 times. So....

I reach 100k in liquid asset during late 24. Made a good decision to join sales line. Monthly can save 4-5k after expenses but now I feel earning already at peak and hard to increase anymore unless move to other roles

looks like NEET

Quite good relatively but you need to start investing to grow it. No point keeping in cash.

health is more important than money. got money but get sick also useless

Shut up and fap...

Fap nao with bideo and post and ill pay 4k

After 2022, there is no such thing as health...

bcoz everyone sudah inject... shiet back relax and enjoice the show...

i got 40k in money market, probably around 22k in precious metal investments, 5k in PRS, other investments that I currently not know and manage such as durian plantation investments, unit trust plus inheritance from my dead aunt that my father help manage probably 100k or more. 26 this year. Hmm, i average around 1.5k monthly as return from some of the investments.

Honestly, is ok for M40 I guess. My parents arent working, I am pretty much the only person in my family working 9-6. My salary really normal, M40 only. Not really a lot if want to save for house and wedding, I driving Myvi only

This post has been edited by MKCL: Oct 18 2022, 12:05 AM

that's impressive. how did you make it?

Whirlwind trend Business...

Sold it for profits on profits when more and more players entered, sold it abit to early....


This post has been edited by Fenix98: Oct 18 2022, 12:20 AM

200k for work how many year?

Ayam now work in SG, every month minus all expenses then exchange itu balance masuk gua punya account, 1 month sudah dapat 30k.



This post has been edited by NoPattern: Oct 18 2022, 01:30 AM

did u lost your current income ??... how much ??

Then, 800k who will inherit?
Bro, I'm willing to take this up, priest put my name

syiok lo got pama sapok

If i were you age 30 viewing on current situation RM200k all in kwsp. Dont care what other people say. Tutup telinga and sumbat in kwsp baru talk lol. Tell me mana can beat 6% in average dividend dalam Malaysia (Aside asb & tabung haji)?

This post has been edited by doremon: Oct 18 2022, 08:04 AM

Earn money must spend

No spend no enjoy , means 4ever poor

I honestly don't understand how without 200k can buy a property pre middle age

Minimum 1mil liquid cash + 25k mthly income (adj. For inflation) + at least 2 property before 30.

Below that is b60.

But later msia bankrupt myr become laosai like Zimbabwe how to retire?

If only can request them keep retirement fund in diff currency.

from 22 yo start work, every month save RM2k
2X12 =24
24x8=192 + compound interest can work

no car, no other big expenses...

when I fresh grad, gaji 2k sahaja... how to save 2k? aafter work like 5 year gaji only 3k, still cannot save 2k monthly

Lol when that happens baru fikir. Now just dump all in kwsp.

I've done it before. tbh, not so much.

used more than half just for house renovation.

but in any case, it's always good to start early. and of course, what is more, important is that you have that momentum, that attitude to achieve your saving goals!

keep it up brah! (my kids are using these words a bit too frequent from their ROBLOX trends)

Double it in Genting, owaiii...

nwo i know u have 200k