|
|
Post by Harjeet Pannu on Nov 3, 2007 18:32:46 GMT 7
Hmmmmm....... .....Guys and Gals, Really interested in this investment thingy coz I don't know jack currently. Any savvy investors out there care to share? Financial planning etc etc?  |
|
|
|
Post by ppfoong on Nov 4, 2007 20:59:25 GMT 7
Financial freedom is a state that, even if u don't work, you still have flow of income to fund your living. Meaning, u let your money to work hard for you, instead of u work hard for money. And the activity to make money work hard for you is called investment.
|
|
|
|
Post by ppfoong on Nov 4, 2007 21:04:33 GMT 7
To learn more about investment, can visit this educational website setup by the Securities Commission. www.min.com.my |
|
|
|
Post by henrykoh68 on Nov 5, 2007 17:04:22 GMT 7
This one need teh tarik session la Dr, I know a bit here & there, but I also cannot make any money yet.
But, in summary, it is like this:
Invest RM1 to get 10 sen is investment
Invest RM1 to get RM1 is gambling
Invest RM1 to get RM10 is dreaming
To get financial freedom, you need to hv certain amount of money to generate certain amount of return, so unless you hv cash about RM500K, you can see some impact and maybe your return can be about 6% to 15%, if not, join any direct selling type of scheme for this financial freedom stuff.
|
|
|
|
Post by Harjeet Pannu on Nov 5, 2007 17:49:24 GMT 7
Still with the gov la Henry. I tell you what. We go TT with gang. You tell us how to invest and I'll throw in a complete health assesment and free orthopaedic consult..... ;D
|
|
|
|
Post by ppfoong on Nov 5, 2007 21:06:34 GMT 7
Not that difficult if u know the principle behind.
I have some experiences in investing RM1 to get RM10 in around 3 years time. A remarkable one was to become the shareholder of the world largest glove maker few years back. My house renovation was funded by part of this return on investment.
|
|
|
|
Post by spiderman on Nov 6, 2007 14:42:07 GMT 7
If there is any plan to hav a TT session on investment... pls let me know lea. I have been doing quit a bit of thinking and study on investment lately... but on a limited budget lah... hahahaha.  . Life is getting tough, cannot just live on pay check... spiderman oso need to eat 1 ma, cannot just swing around doing nothing lea.  |
|
|
|
Post by linjepp on Nov 6, 2007 14:56:12 GMT 7
Yes, let me know too.
|
|
|
|
Post by ppfoong on Nov 6, 2007 16:22:48 GMT 7
I subscribe to Personal Money magazine, which is quite informative for personal finance. Another one, Malaysia Business, more useful for people who invested in the share market and want to know the business world happenings, especially the public listed companies.
Strongly recommend the Personal Money magazine to those who are interested. The subscription receipt can be used to reduce income tax too (under books & magazine section).
|
|
|
|
Post by LIM on Nov 28, 2007 2:32:47 GMT 7
HA! why not go to invest at Genting? at least you got 50/50 .
|
|
yong
New Member
Posts: 3
|
Post by yong on Jan 2, 2008 23:08:51 GMT 7
just to share...for most people, guess the biggest financial commitment would be the house loan.
i bought this house by paying the interest through the nose...
wrote in to the bank recently and requested for review and reduction of my current interest rate. it does help me to save some money on interest.
a dollar saved = a dollar earned and it is easier to save a dollar then to earn a dollar...
at this moment and for most cases, after the bonding period, the bank will, upon request, review and reduce something like 0.5 to 1+ % below BLR depending on the loan agreement to retain customer, and in return will bond you for few years.
|
|
