how many properties do you owned? Respect to you, I can't be that frugal even if i wanted to.

Sorry, do you mind explaining the different between stingy and frugal? You said frugal can pay more for quality items, can you give an example? Because you were sharing this:
Minimum 50% savings rate.
Using phones until they are obsolete (banking app no longer support) or dead or too slow
Able to shop second hand, buy pre loved clothing, buy reduce to clear fruits and veges.
Wait for discount to buy things.
Know what is expensive.
No fancy facial, aesthetic treatment or fancy makeup.
No branded items.
Able to choose a RM500 rental Vs a RM1500 rental. This one shows me that she is being frugal even though she damn well can afford the RM1500 place.
Appreciate just walking in parks
Able to eat at kopitiam or economy rice stall.
Able to say no to overseas holiday to save up for the future.
No Starbucks, mixue, chatime, no netflix.

What sort of quality items you talking about by being frugal?


I wanna asked but someone edi asked. So your aim is 45, you really reminded me someone that I know.

Seriously I think we can set up a Whatsapp group to discuss

This is where our strategy is different. Well, you are right about the taxes. Your second point, I beg to differ. I knew it is a depreciation currency, that's why I opted for property due to its "wealth retainer" nature. This is provided I don't invest in wrong properties, otherwise Holland is the way I go so this is one of my investing style to fight against currency depreciation, I left very less MYR with me, either in properties or in oversea.

If you don't intend to purchase any property, when old age stay where? Your fiancé also agreed with you on this?

You really crazy... haha. So well thought. I wanna emulate from you also can't


For me, everything in life must be balance. Must learn to save but at the same time also have fun. What's the point of saving so much then later can't live long enough to enjoy the fruits? Future is important but present is equally important imo

This post has been edited by MasBoleh!: Jul 31 2025, 10:08 PM

Because my root is here. I have this belief that our foundation aka root must be strong and stable, then only we are capable of progressing well in other sectors/fields. Which mean I will have better concentration on the current defined short-term and long-term goals, even though migration is a topic that is involved and may happens in future 10 years or less.
So i focus on setting up a strong foundation first, then need to chase back the lost time in investments.

However, imo having property is not all bad. First of all, tenant helped to fund one of the houses. It's true there will be some taxes involved, the biggest will be income tax, I can use the bank interest rate to offset that income tax.

Tell me, yea you got a lot of so-called liquid assets, but when old age, what you gonna do? You still eventually need a place to stay... be it right now or in future. You paying rental = paying for someone else mortgage instalment, it doesn't mean the money can be saved to invest into equities.

And the RM 500k not directly from my pocket, it is from Bank and currently my tenant is repaying back, so I don't see any problem. And I am saying in the context, provided the said property's rental able to cover both mortgage payment, maintenance fees and some other housing taxes. Otherwise, it is a different story.

Ramjade, I still got more to learn from you... from financial management to investing to healthy lifestyle And you and Dreamer101 have been preaching to transfer and save in foreign stable currencies since many years ago, time has proven both of you 100% right. over the past 10 years, the MYR has weakened about 14.5% against SGD.

This post has been edited by MasBoleh!: Aug 1 2025, 01:35 AM

Noted bro. I will read that book