Category: Basics – Property Investment
-
Let’s aim at EPF savings of close to RM900,000 ok?
Are you working hard today? I hope the answer is a Yes. Do you think by the age of 30, you will be able to be promoted sufficiently to earn RM5,000 per month? That’s for you to answer yeah. Today, let us take a look at what happens to someone with a RM5,000 monthly salary…
-
Wow… lots of information for us to start investing.
At 9pm (9th July), just on my FB, I could see all the below FB LIVEs and all of them are property related. To some, this may seem like too many. To me, I think this tells us that everyone will continue to become ever more competitive with all these to capture as large an…
-
Sorry but these are NOT investing. Call it with its original name.
This is the definition of ‘Investment’ as per Investopedia. (Read the full explanation here) “An investment is an asset or item acquired with the goal of generating income or appreciation. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.…
-
How many of us could save RM336 / RM788 / RM1,386 per month for the next 30 years?
If we work for 30 years and we save money without fail every month for 30 years, how much do you think we could save? Well, if we could save RM336 per month for 30 years, we would have RM121,000 at the end of the 30 years. Perhaps by then, the value of RM121,000 is…
-
Book Review: Property Investment Wisdom by Dr. Peter Yee
Over 10 years ago, I bought Dr. Peter Yee’s book entitled “You Can become Rich in Property.” It’s a good book and he writes from the heart. He is also the author of all the following books too: “The Certain Way to Life’s Riches”, “Property Secrets” and “Hierarchy of Money Skills.” Recently, he has published…
-
Living longer, happy! More money needed, oops.
Long time ago, way before I was born, the life expectancy of a Malaysian was around 60 years. Explained briefly, it meant that from the day a Malaysian was born (then) until the day the Malaysian bids bye-bye to the world, it’s 60 years. Google’s sourced info from World Bank shows the below: Today, based…
-
When banks refuse to lend you, or lends you less than what you wanted, what does that mean?
A banker friend said something which jolted me the other day. He said that many people say banks are not lending but the truth is, the borrowers must also play their part lah. If banks take too high risks, then what will happen to their shareholders? What about their employees? Please do not try to…
-
Ask 5 questions on property investment in Greater KL. Simple questions.
This is an article for working professionals working in Kuala Lumpur with a good monthly salary but still face limitations where property prices are concerned. Too many areas which we love but we could not afford. Too many areas with cheap price tags but we do not want or worried if the cheap price we…
-
Could buy, Can buy and Need to buy. Who are these people?
With the current COVID-19 still in our midst, the sentiment has remained negative. Most messages on Facebook are about how bad the situation is. When we look at the property market, we have some who say that developers must start focusing on digital marketing so that they could sell. We even have people saying that…
-
What’s in PENJANA? How does it HELP the property market?
Our Malaysian property market has not been performing well ever since the arrival of COVID-19 to Malaysia. No one could view, thus no one could decide. many who viewed dared not decide. Many who decided the documentation got stuck. That’s our property market. Just before COVID-19, it was considered as performing in 2019 since the…