Learn how to save USD/MYR/SGD 1 million by earning more, spending less and investing wisely. You need at least 1 million in your egg nest to be financially free.
Many Malaysians especially non-Bumiputras are very excited about the news that the government has increased the ASM fund size by another RM5 billion. As most Malaysians have known by now, most ASN funds are specially allocated for Bumiputras, non-Bumiputras are allowed to buy a few funds only- one of which… Continue Reading
“Invest for the long haul. Don’t get too greedy and don’t get too scared.” If you are a Malaysian and had at least MYR 1 million in your EPF account in 2020, you are among the only 67919 or the top 0.64% of 14.89 million members. On average each EPF millionaire… Continue Reading
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson ” I just joined an online investing club last year, I made 20% gain last year,” said Mr. K**, ” but I lost 15%… Continue Reading
“The more your money works for you, the less you have to work for money.” When I started working part time when I was 10 years old, I was given about MYR0.50-MYR 1 by my uncle and grandfather. My grandfather was a coconut and cocoa bean planter. He owned a… Continue Reading
If you can’t summarize your investing plan in 30 seconds, you literally do not have a plan. My friend tells me there are only 3 types of people who manage to retire comfortably in Malaysia- businessmen, politicians, and conmen. Retirement for most of us is a herculean and impossible task…. Continue Reading
Most people work just hard enough not to get fired and get paid just enough money not to quit-George Carlin According to Greek mythology, Sisyphus, a king in Corinth, was punished by Death due to his deceitfulness to push an immense boulder up on a steep hill. He found the… Continue Reading
“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.” – Dwayne Johnson I used to help my uncle to plant pineapples when I was 11 years old. He paid me MYR 1 (USD 25 cent) weekly to help him on his pineapples… Continue Reading
“Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.” If you are my regular blog reader, you should have known by now I invest regularly in ETFs via Interactive brokers. My investing strategy is simple, I hold… Continue Reading
“The desire to perform all the time is usually a barrier to performing over time.” – Robert Olstein As a reader of this blog, you most probably should have known by now, I am a three-portfolio Boglehead index funds investor. There are only three ETFs in my portfolio- VUSD (… Continue Reading
“Never trust a person that tries to sell you by how righteous they are. I’m telling your right now, it’s a scam.”― Richie Norton It is a total disaster for any investor to lose their hard-earned money to investment scams. An investment scam can present to you with different faces and… Continue Reading
