Oct 15 2025, 11:35 AM
QUOTE(KronenZerg @ Oct 14 2025, 09:28 PM)
Dato Vincent Nee ... property investor .. google and see ..
He did podcast in one of local stations and he explained his students makes money from rental .. even said one of his students has 200K per month passive income.
No balls to play crypto lah ..
Yes, thinking to buy stocks that has good dividend payouts .. Public Bank, CIMB .. any other suggestion from stocks gurus?
I have the same thinking on property .. nowadays, it is hard to get back ROI and plus shitty tenants. I have friend who suggested buy a property and turn to Air BNB wor ..
Sounds interesting but it is like rental too so if unlucky, shitty customer .. koyak but chances are lower compared to long term tenants.
I am more of conservative person so i wouldnt dare to roll hard .. i know inflation will sure affect the % FD so best option is long term stocks.
I dunnoe who this guy is and i'm not saying this guy is scammer, but that's many so call guru property out there are taking advantage from their student which u need to be aware.He did podcast in one of local stations and he explained his students makes money from rental .. even said one of his students has 200K per month passive income.
No balls to play crypto lah ..
Yes, thinking to buy stocks that has good dividend payouts .. Public Bank, CIMB .. any other suggestion from stocks gurus?
I have the same thinking on property .. nowadays, it is hard to get back ROI and plus shitty tenants. I have friend who suggested buy a property and turn to Air BNB wor ..
Sounds interesting but it is like rental too so if unlucky, shitty customer .. koyak but chances are lower compared to long term tenants.
I am more of conservative person so i wouldnt dare to roll hard .. i know inflation will sure affect the % FD so best option is long term stocks.
They persuade their student to buy multiple houses, and this guru will help them in getting all the loan and provide renovation + agent service for house renting, and all this renovation and agent service company belongs to this guru, this guru earn every single penny in the entire process.
Guru earned big buck, but no guarantee your house can be rent, or your rent can cover your loan. Many ppl lose money due to this, and if u pay attention to the news, that's suicidal case related to this also . After they earned their share, they wont care about u anymore.
Ok, Guru topic aside, i never consider property a good investment (Exclude lucky cases where property value increase a lot due to development) unless u have a lot of cash and need to diversify your portfolio and manage risk. For example, my parent house, bought abt 35 years back, 90k, and renovation, maybe let say 10k+? So it's about 100k. The house are currently worth about 400-450k, seems like we got a x4-4.5 return from this house, but in fact it's not, most ppl forgot to include the compound interest. When interest are include, you are likely paying additional 70-90% on top of the original price, so it's end up a x2-2.5 return in the span of 30-35 years, which is not impressing at all.
If you loan and buy the house, it can only consider a good investment IF you are able to rent it and the rent can cover your loan until you pay off, which is rare
This post has been edited by ragk: Oct 15 2025, 01:11 PM
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