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Some of the most read articles here is when some of the big finance institutions' bad intentions are exposed. Credit Card companies will charge interest on the expenses you haven't even made yet EPF does not really take good care of your money, not all the time Bank can charge you 2200% interest in 1 month Malaysia government try to solve credit card debt by adding more debt to it Bursa Malaysia tells you NOT to invest long term How Banks call center abuse users Government allows citizen to reduce EPF and then use Tax to take away even more of people's money Like wise, Robert's "Conspiracy" and a few other gurus who talked about how sick today's finance systems are, also receive major big hits. Its just fun, eye opening and jaw dropping to learn these news! So what can we do about it ? Robert's suggestion is to join the big boys playing the debt game and his instrument is property investment. Obviously that is not the 'solution' . That is...

Ron's story is in previous post . Basically his is a all look good case. See below blue circles that he is going to have multi millions to collect even if he stops working now. And all he shorts is only less than $1 million ( red circle ) for his kid's education. But if you run a proper cash flow analysis. His EPF money is not touchable until age 55. So his main source of income is from KLSE investment but all those money will run dry before his kid can graduate. One of the things he can do is to sell his house 1. Doing so may allow his kid to finish with a degree. But that will only prolong the kick-out-of-retirement scenario for a couple of years only. He still cannot last until he gets his EPF yet. As a result, still have a cash flow problem. It turns out that if he stops working now and if his kid really go oversea to study, he will have to sell his new bigger house 2 and move back to the older smaller house 1 when his kid go abroad. It will be his own judgement w...

This is a case stolen from kclau's blog , I am just busy body giving my view point without anyone asking ... so I apologize first for whatever offence I could have brought. But my intention is just to share my thoughts, nothing more than that. Ron is 40 years old married with a 10 years old kid, earning $6,500 a month? He has 2 houses 800k with 470k loan and 300k renting for $850 monthly. 840k in KLSE and 460K in EPF. He is asking if (1) he can retire, (2) his kid education plan ok and if he should (3) sell his house to buy stocks ? kclau basically says (1) yes he can retire, (2) his kid's education is at good hand and (3) don't sell house unless Ron is really good with stocks. I only agree with (3) respond because a 840k KLSE has already out weight 300k property by almost 3x, so there is really no point to further make it imbalance. My immediate respond reading Ron's story is that it sounds too familiar. Familiarity with an alarm that is. I am guessing .... Ron mo...

Should you tag along ? Well ... its always good to be a part of the 'main stream' .... :) if you know when to get out .... before anyone else.

Monopoly is one of the most popular board games. When Charles lost his job, he played The Landlord's Game and then created his own version of the game which later became Monopoly. Originally he was trying to include all the dynamics of property investment into the game but as time goes people find those are too complicated. Hence today's Monopoly is simplified until its a 8 years old game. Now new board games are developed everyday by adding back those left out rules - including Robert's Rich Dad. Some who followed this blog long enough may already know that Property Investment is NOT a suitable personal finance tool. Although there are ways to obtain guarantee income through property investment at personal finance level , but those who have never done it would think such method is ridiculous, impossible and paper talk only. Then when they use other approaches, they miss interpret active income as passive income . As a result they would do great at times but when t...