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 Lady Early 30's earning RM15k + own 3 properties

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Ayambetul
post May 15 2025, 10:52 PM

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QUOTE(samftrmd @ May 15 2025, 01:33 AM)
Agree.
I have a flat that I bought over 29 years ago that I want to sell. Even the decades long capital appreciation is not enough to get me a new unit these days. The rental income just enough to not starve. I think owning property for poor people is just a tool for forced saving. Have to be rich to earn significantly from property. Calculating the KWSP returns over the decades. If I don't count the rental income, I think putting the money in KWSP will get me almost double returns compares to the flat. If I can turn back time, I'll just all in KWSP.
I feel like all these years; I just helped the bank gets richer.
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Is a trap LELELELELEL
Ayambetul
post May 15 2025, 10:54 PM

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QUOTE(GOPI56 @ May 15 2025, 02:13 AM)
Yup true, the era of property investment are gone.

Not worth it, some people think they can flip the property for higher prices etc.. but actually not.
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It just for the descendent.

Or char siew
Ayambetul
post May 15 2025, 10:57 PM

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QUOTE(Drian @ May 15 2025, 06:08 AM)
This lherng making a lot of assumptions that property prices can go up  to cover interest rates and exoenses.
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If including maintenance, cukai tanah pintu IWK lawyer fee to title transfer from developer to owner (if condo) etc. Damn the moneh spent is alot.

Not kira the loan interest yet.
Drian
post May 16 2025, 09:13 AM

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QUOTE(focusrite @ May 15 2025, 01:02 PM)
He is very strategic in what info he shares and how he shares it
He'll always say if know where to look can find those properties with positive rental ROI

However, he doesn't calculate wear and tear, maintenance fees, and even assessment taxes when calculating his ROI. I'm sure he does for his own use, but when he shares his ROI publicly, he never does
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This is called being generic. You make statements that are "high level" and non specific.
He cannot offer you specifics , or else if it doesn't turn out well , his prediction will be proven wrong black and white.


QUOTE
He'll always say if know where to look can find those properties with positive rental ROI

It's the same with any investment vehicle.

If you choose a good company, the shares will go up big time .
If the company has good management, the shares will go up big time.

To me statements like this has really no value.

For eg:-

If I bought Nvidia 10 years ago .

QUOTE
Scenario 1 Nvidia share price dropped 90% by 2025:-

See I told you to choose a good company with good management, Nvidia is obviously a bad company with bad management , that's why you lost money


QUOTE
Scenario 2 Nvidia share price increased by 500% by 2025:-

See I told you when you choose a good company with good management, your shares will fly.


Notice if you use a generic high level statement, he can show that he is right regardless of the outcome.

This post has been edited by Drian: May 16 2025, 09:15 AM
focusrite
post May 16 2025, 10:40 AM

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QUOTE(Drian @ May 16 2025, 09:13 AM)
This is called being generic. You make statements that are "high level" and non specific.
He cannot offer you specifics , or else if it doesn't turn out well , his prediction will be proven wrong black and white.
It's the same with any investment vehicle.

If you choose a good company, the shares will go up big time .
If the company has good management, the shares will go up big time.

To me statements like this has really no value.

For eg:-

If I bought Nvidia 10 years ago .
Notice if you use a generic high level statement, he can show that he is right regardless of the outcome.
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A good way for people to evaluate the value of financial "gurus"
cms
post May 16 2025, 11:02 AM

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QUOTE(Drian @ May 16 2025, 09:13 AM)
This is called being generic. You make statements that are "high level" and non specific.
He cannot offer you specifics , or else if it doesn't turn out well , his prediction will be proven wrong black and white.
It's the same with any investment vehicle.

If you choose a good company, the shares will go up big time .
If the company has good management, the shares will go up big time.

To me statements like this has really no value.

For eg:-

If I bought Nvidia 10 years ago .
Notice if you use a generic high level statement, he can show that he is right regardless of the outcome.
*
Actually even when local/foreign IBs share their direct buy-sell recommendation/TP also can go holland. Really every1 is just guessing and hoping their assumption works out.

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