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What is a financial mistake that you wish to undo?
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insan_kamil
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 Jul 23 2024, 12:02 AM
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Getting Started
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A few m in savings account that doesn’t bear interest. Made m early/mid 30’s so opportunity cost is like a few hundred grands so far if i put in a few asb accounts but im not that sad and a only some tiny regret. I am by definition a miser. Only now moving some into maybank premier since they called and the return is rather paltry and entry ticket is like 250k across the board so i jumped. But money isn’t everything.
This post has been edited by insan_kamil: Jul 23 2024, 12:03 AM
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Knnbuccb
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Jul 23 2024, 12:03 AM
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Getting Started
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QUOTE(GravityFi3ld @ Jul 22 2024, 11:48 PM) House Loan. Specifically the tenure, should've batten down the hatches and stuck through 10year period instead of the maximum 35years. Our local proverb rings true (at least to me), "bersusah-susah dahulu, bersenang-senang kemudian" - short term pain for long term gain(debt-free). What if u use that extra cash flow for btc |
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GravityFi3ld
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Jul 23 2024, 12:16 AM
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QUOTE(Knnbuccb @ Jul 23 2024, 12:03 AM) What if u use that extra cash flow for btc bitcoin right?  i'm oldschool, never dipped into crypto and NFCs  either sitting pretty in the bank (FD) or floating in the exchange, covid pandemic sure was an exciting time - and yes, some regrets there too selling too soon/too late win some, lose some |
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SUSKaya Butter Toast
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Jul 23 2024, 12:23 AM
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QUOTE(badmilk @ Jul 22 2024, 10:35 PM) Wasting all my money onto whores and girls. ….talk abt flex… i just rent eq hotel / to fuck 1 shot overnight girl Waste 5k… I burn like 10k in 3 days…. Fuck my void Means you were earning easy money? Usually I know those who easily earn it will spend it easily too |
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SUSbadmilk
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Jul 23 2024, 01:09 AM
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Getting Started
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QUOTE(Kaya Butter Toast @ Jul 23 2024, 12:23 AM) Means you were earning easy money? Usually I know those who easily earn it will spend it easily too Yea- easy come easy go- i think best way to do it via buying stocks and investment for future. =_=.. will enjoy these luxury while i can |
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SUSskyblack4492
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Jul 23 2024, 02:39 AM
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Took 50k ptptn loan
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hksgmy
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Jul 23 2024, 07:43 AM
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It’s not what mistakes you may or may not have committed financially that matter.
It’s how you rectified and learned from them that does.
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kens88`
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Jul 23 2024, 07:47 AM
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Didnt invest into s&p earlier.
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gashout
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Jul 23 2024, 07:50 AM
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QUOTE(xpole @ Jul 22 2024, 10:44 PM) Life mistake: 1) Took hobby Diploma and Degree. End up working in a job that I hate every single day. Been working in this field for so long. Want to change field, but I have no idea what I want to do. Financial mistake 1) Took a Personal loan due to financial and career mistake that I've done previously. I have no choice during that time. 2) Didn't save a lot. Now I'm in the process of building up the savings. 3) Bought a new car and now I feel suffer paying for it. If I know that I would end up in current situation, I should stick using the old car. The reason I purchased a new car is I work quite far from home. So I need a reliable car at least. My old car keep facing problem in the situation where I need to use it urgently. But what to do, I have suffer for few years of paying the new loan, but at least, I don't have to worry about the car issue for a while. 3. If your car can last 20 years and take you to make more money, I see it as a good thing. Life is priceless. If a car is 50k and can ensure your safety on road, it's good. |
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blmse92
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Jul 23 2024, 08:04 AM
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Regret buying that 1999 bmw e36 rm9k cash back in 2020 before pandemic. Bought that car during pandemic. My 9k can invest crypto if did not bought that car. Finally sell it at loss but i did enjoy that car during pandemic while driving out to tapao lunch.
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hksgmy
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Jul 23 2024, 08:18 AM
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QUOTE(blmse92 @ Jul 23 2024, 08:04 AM) Regret buying that 1999 bmw e36 rm9k cash back in 2020 before pandemic. Bought that car during pandemic. My 9k can invest crypto if did not bought that car. Finally sell it at loss but i did enjoy that car during pandemic while driving out to tapao lunch. Sometimes, that's what living a life means  ... not every decision or day needs to be about the dollar and cents, right? |
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Blofeld
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Jul 23 2024, 08:30 AM
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regret not buying a house in the same neighbourhood a few years earlier which is about RM100,000 cheaper for a similar model  |
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poweredbydiscuz
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Jul 23 2024, 08:30 AM
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QUOTE(GravityFi3ld @ Jul 22 2024, 11:48 PM) House Loan. Specifically the tenure, should've batten down the hatches and stuck through 10year period instead of the maximum 35years. Our local proverb rings true (at least to me), "bersusah-susah dahulu, bersenang-senang kemudian" - short term pain for long term gain(debt-free). You can always make extra payments to shorten the tenure. Many people finish their 35 years loan within 15 years and save a lot of interest. This post has been edited by poweredbydiscuz: Jul 23 2024, 08:32 AM |
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poooky
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Jul 23 2024, 08:44 AM
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1. Rushing into paper degree after spm. Should have took 2 - 3 years off to explore a bit before committing to do degree.
2. Not taking studies seriously when young time. Now long term paying the piper, stuck trying to catch up and kena looked down on during cny and gatherings.
3. Being complacent and not going to sg when it significantly easier to get in.
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TSMegaCanonF
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Jul 23 2024, 08:47 AM
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QUOTE(JoeK @ Jul 22 2024, 05:42 PM) What car? Car not enough to be a big mistake. Tak mampu? Jual je. At most rugi 10k-20k 10k-20k is a lot for me, haha . not /20k club . btw yea last time didn't even know about the recommended general formula car price < annual income. end up bought a car that I could not afford and suffered for few years. Plus I was working outstation so I was not able to use the car that I paid for . That time couldn't sell as no carsome/mytukar yet. sell to 2nd hand car sure kena chop . |
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SUSKaya Butter Toast
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Jul 23 2024, 09:42 AM
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QUOTE(badmilk @ Jul 23 2024, 01:09 AM) Yea- easy come easy go- i think best way to do it via buying stocks and investment for future. =_=.. will enjoy these luxury while i can How easy was it to earn? And did you find any satisfaction fucking those hot girls? Would it be different if it was a mutual encounter rather than a paid one? |
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SUSbadmilk
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Jul 23 2024, 11:03 AM
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Getting Started
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QUOTE(Kaya Butter Toast @ Jul 23 2024, 09:42 AM) How easy was it to earn? And did you find any satisfaction fucking those hot girls? Would it be different if it was a mutual encounter rather than a paid one? Felt like money grow on trees. My stocks and partial income got contribute too. But mostly due to quarterly bonus. Boss gave me 1 year bonus already this year / excluding basic Abt 250k- Actually if u pay enough -whatever fucking gf experience also u get. Much better than mutual encounter. Coz u get the looks and feel -all at once But i had women like coffee now d, can’t recall how many i had |
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lctw87
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Jul 23 2024, 11:52 AM
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New Member
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-Did not position my portfolio size in BABA when it was 300, burned entire brokerage acct.
-Bought property at peak, and can easily lose 100k if sell today (still holding)
-Should learn investing 5 years earlier and just maybe, I will be in a different place today.
- Stuck in a commission paid job for too long and wasted years of corporate experiences.
But more importantly, is that we learn and aware. We may missed the best time, but the next best time is TODAY..
Never give up!
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ecrl
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Jul 23 2024, 03:30 PM
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New Member
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BTW how you guys track your financial reoirting? By jotting on excel file? Me poor man need advice from rich sifu here.
This post has been edited by ecrl: Jul 23 2024, 03:31 PM
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Avangelice
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Jul 23 2024, 04:00 PM
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QUOTE(ecrl @ Jul 23 2024, 03:30 PM) BTW how you guys track your financial reoirting? By jotting on excel file? Me poor man need advice from rich sifu here. Here's a kicker. Rich people dont have time to count sens or ringgit at end of the month. They focus their time to make as much money per month. Just work hard to go up the financial ladder but also don't be water fish and be used by your bosses only to be discarded lah |
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