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How are you preparing for the future?, Market and Ecomonic gloom
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DoomCognition
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Sep 24 2025, 10:28 PM
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QUOTE(knwong @ Sep 24 2025, 08:54 AM) Those handyman work only get paid well in countries like Australia, UK, USA Passive income is the best. Like properties. Buy at good location. Property in Malaysia is dead. Unlikely will revive anymore with the current demographics. Just a money pit.
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DoomCognition
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Sep 24 2025, 10:33 PM
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Malaysia is at the tipping point. I expect green wave in the next 10 years. Best thing to do now is to save up, manage your lifestyle inflation and invest all of your savings abroad. You already have EPF which is a huge sum. Diversify your portfolio.
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DoomCognition
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Sep 24 2025, 11:16 PM
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QUOTE(knwong @ Sep 24 2025, 11:07 PM) Just buy at good location Myself I’m doing quite ok Which location can give yields above 5% now? Can choose any location with price from 2015 onwards. If you buy before 2011, then understandable.
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DoomCognition
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Sep 25 2025, 10:05 AM
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QUOTE(knwong @ Sep 24 2025, 11:35 PM) I bought a few during Covid direct from developer. They were desperate so throw in huge discount One of it I calculate my yield is 10.8% based on my low purchase price. House price also already increase 80%. Few months ago saw a property agent promote same neighbour unit upstairs and my jaw dropped when I saw the asking price. I won’t sell despite many agent cold calling. Will hold it for long What you say is definitely a very big exception. Compared to Covid times, there are some appreciation, but compared to Pre-Covid, it is still the same at best. At least for areas that I am looking at. For your purchases, really one of the rare ones. Industry trend definitely does not show that.
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DoomCognition
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Sep 25 2025, 02:47 PM
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QUOTE(bengang15 @ Sep 25 2025, 02:05 PM) Your post has been reported. Dunno why. Lol..anyway chill a little. Lol, damn funny. Like this also reported. Just stating observations and projections from current happenings. Anyway, I am serious when I say diversify portfolio. Diversify into USD or SGD for wealth preservation.
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DoomCognition
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Sep 25 2025, 06:11 PM
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QUOTE(bengang15 @ Sep 25 2025, 03:29 PM) Is good time to convert to sgd now. Myr strengthening. Yeah, quite a good time now. I moved most of my liquid cash out oledi
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