This is assuming you are using RM. When you place foreign FD banks will convert your RM into the foreign currency that you want. The conversion will give the bank free 3% in Forex spread.

Then when you convert the currency back you lose another 3% in Forex spread.

the simplest calculation of gross roi
rental income, 1500 x 12 = 18000/60000 x 100 = 3%
any capital gain in future when you sell it, its bonus
but the 3% very gross, still got other expenses such as quit rent, assessment, maintenance n also insurance, interest aside lagi

Ts, one advice to add. Never ever trust mainstream media both local/international when they give lots of coverage to some entrepreneur, guru, etc.

At best, the media just interview give coverage mainly to get views & never do any proper research whether the so called guru is actually profitable or their business is legit.

At worst, the interviews are nothing more than paid adverts . Like other ktards said. Real entrepreneur will not be teaching others how to get rich quick unless u the customer are their source of.income.

Google Sam bankman, tai Lopez, thanatos, etc & u realize that before they were exposed. There were actually a lot of big red flags,.it's just that they use their money/connections to silenced any naysayers & mainstream media are also complicit.

If u want to invest into whether is currently the hottest company as touted by the media. Do.your own research first & never listen to the so called financial experts on mainstream media who recommend it.

This post has been edited by arkasi: Oct 23 2025, 01:59 PM

Hi.
I'm just looking at starting an account with IBKR.

Can kindly elaborate why
6. Do not use any Malaysian bank to transfer your RM. ?


Thank you

nice to bring back the thread again..
moral of the story is buy ETF...

Because you only lose around 0.5% if you go the long route while you lose min 3% to banks if you use their service.

Won't the spread from MYR - SGD - USD be more or less the same with just the MYR - USD conversion?

Nope. Because the loss will only be at RM to SGD. After the money is in SGD in SG, you use local transfer SGD into IBKR. Think of it if you use Duitkow, any losses? No right. Same now. IBKR offer you real time market rates to convert your money for only USD2. Hence no markup, no additional fees apart from USD2.

If you want to save more money, you can manually select the exchange rate you want inside IBKR to change money and wait for it hit Vs using market rates. So far I have always use this approach of set and wait to get more foreign currency Vs convert once I have SGD inside my IBKR.

This post has been edited by Ramjade: Oct 24 2025, 11:43 AM

Also your time, effort and commitment in finding tenants, chasing rent, dealing with tenant issues, dealing with wear and tear issues, and so on so forth.

ETF, I do a RSP or I buy in as when, then I can forget about it all for a low low fee of 0.03%.

TS, wasnt your Dato Vince now become public listed company of SYSTECH CEO jor ?

he also change line jor ? lol

Yes agree

As many say
Prop is more than just sit there collect $

Read up on buffett

& Avoid all those funny characters called lato dato datu latu

yea, but touch wood for me, since I dont do residential, so far mentioned issue did not happen to me "yet"

I think regardless what investment , just do what you're comfortable with

Interesting, thanks for the insight.

Will have a look at this.