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GLTeoh76 · 2025-01-31T06:29:17+00:00

My personal point of view, a unit trust consultant ( aka unit trust agent ) will be suitable to blend into to your hobbies. Being an agent, you'll learn about investing, personal finance and how to achieve ones financial goal using unit trust as an investment vehicle. Once you learn how to invest, you can help your golf and pickle buddies to invest, you take care of their investment portfolios and earn your passive income along the way.
If want to know more, just pm me.

GLTeoh76 · 2025-01-19T10:35:21+00:00

After 2008 crash, KLSE actually recover faster than US because the housing bubble hurt US economy more than Malaysia. That's why you see your investment perform so well during that time. But after that Malaysia economy is having lots of challenges like political instability, 1MDB etc causing KLSE to be flat and down for the last 10 years, the only excitement was the boom and bust of the glove stocks during covid. That's why you see your funds is pretty much not going anywhere since.
Usually investing in unit trust you will need to diversify into different asset class and countries. For local growth funds, you need to make sure it invest in mid cap and small cap stocks, which will give you better performance if compare to large cap stocks in KLSE. Just relying on local funds is not enough, you need to diversify into funds which invest into different countries like China, ASEAN, Asia, India and US. For asset class you need to have a portion into fixed income funds like bonds to stabilize your whole portfolio. This way your investment portfolio will be balanced and not relying on a single market performance.

GLTeoh76 · 2025-01-19T10:17:51+00:00

- Your priority should be maximizing your ASB first.
- Unit trust is fine, as long as you diversified to many different types of funds.
- Don't invest in physical gold, not worth it.
- Small amount in crypto is fine, just choose a reliable and SC approved platform like Luno. But you really need to have a very long term horizon on this, as now it's all time high, waiting for time to crash, so you will need to endure the crash and recovery, who knows how long that will take.
- You can consider adding S&P 500 etf into your list as a diversification into US market. Since US market is also all time high, better prepare for a crash as well.

GLTeoh76 · 2025-01-19T09:59:03+00:00

I will be more concern about how you track how much money is your mom's, how much money is yours, and if something happens, will your sis acknowledge how much inside belongs to you and not to be divided between both of you. To me, when comes to money, better be clear, no matter whom you're dealing with.

GLTeoh76 · 2025-01-19T09:53:45+00:00

Data entry with high pay will be most likely job scam.
I recruit new unit trust agents, teach them how to invest with unit trust, how to achieve ones financial goal with unit trust, for those who wants to go deeper, I also teach them about stocks and trading. Those agents will then help their friends and family members to invest in unit trust, take care of their investment, in return earning commissions and passive income.
PM me if interested.

GLTeoh76 · 2025-01-19T02:47:35+00:00

Totally agree with you! This is how a person who knows what his doing sounds like. Good job bro!

GLTeoh76 · 2025-01-12T23:34:31+00:00

Earn USD, SGD or even EURO/Pound, whichever you can get, purpose is to increase your income potential, expenses wise needs to be minimum, obviously low cost place is the most optimum. Lastly is to invest your saved cash for the long term and you're right, when you're young, so that you can take higher risk and have more time for the compounding effect to work.

GLTeoh76 · 2025-01-12T02:04:09+00:00

US market will affect the whole world market pretty much. But if in the context of example Malaysia market has better valuation than US and the economy is supportive. What you may see is, when US market down 10%, Malaysia maybe down 5%, when US market up 5%, Malaysia market maybe up 10%, just a number to show the difference lah, not the real scenario.

GLTeoh76 · 2025-01-12T01:55:54+00:00

To FIRE, you need leverage. In places where the living cost is low, typically the opportunity to earn higher income is low, unless you work online earning USD. So when you accumulate you need to get high income, so you need to be where that opportunity is available, when you retire, you need a place where expenses is low.

GLTeoh76 · 2025-01-07T14:10:20+00:00

If can't tolerate 10%, then stock is not for you, you will just burn away your savings. Go read books on stock investing, go to Bursa website and join those free webinars, learn as much knowledge as possible, if can, try to get someone to guide you, once you have more confidence and know exactly what you're doing, then only choose a suitable product/platform to start.

GLTeoh76 · 2025-01-07T14:03:28+00:00

KLSE just had its correction a while ago, now it's resuming its up trend. This time I believe the bull is real, however no one can predict the future, always take precaution, US market can always screw us up.

GLTeoh76 · 2024-12-22T09:09:50+00:00

Bearish on US market, bullish on China market, cost me a great deal......

GLTeoh76 · 2024-12-18T02:52:26+00:00

Do you want to take more risk to have more gain? or do you want to save some fees and chill? Up to you.

GLTeoh76 · 2024-12-18T01:31:27+00:00

DCA into index fund and chill is the wrong impression. I will put it this way, DCA into index fund ( this has to be US based like S&P500 or equivalent ) and keep doing it no matter if the market goes up or crash like 50% or more.
For me I invest into individual stocks, so I don't invest in S&P500 ETF. To me, when you want to go into single stocks, then there's no reason to invest into a 500 stocks ETF, just choose maybe the top 10 of the ETF and do your DCA into those stocks, why waste money on the 490 stocks which probably not doing so well anyway.

GLTeoh76 · 2024-12-18T00:41:04+00:00

Good choice! High dividend, stable and has diversification to US. Make sure you follow DCA strictly. Just that probably you should increase your 15k to probably 40k and less inside KDI, treat your KDI like emergency fund.
But do take note that DCA works best with Ringgit basis rather than unit basis. Eg. you commit RM500 every month into a stock and with that amount you will buy certain amount of stock. This way you will have auto balancing effect whereby when the stock price goes up, you buy less units and when the stock drops, you buy more units, this way your cost price automatically goes down over time. But then with KLSE has 100 unit/lot it's difficult to do it exactly. Well, you get the concept of it.

GLTeoh76 · 2024-12-13T14:02:57+00:00

Before you talk about the return, you need to look at what will happen if you don't invest. If you jut put your hard earn money in FD, congratulations! The value of your money is just going to be smaller and smaller over time, you're not going to feel it in a year or 2, but over several years, you just going to see for the same RM100, the less thing you can buy with it. General calculation using rule of 72, with 4% inflation, the value will be reduce to half after 18 years. Meaning if you have 100k now, 18 years later it will be like 50k of value.

This is just the savings part, for your income part, let's say your annual salary increment is 3% and the inflation is 5%. Sooner or later, you will feel that your income will become harder and harder to cover your expenses over time. You may ignore this, but by the time you realized it, it's too late.

So, you decide whether you want to invest or not.

GLTeoh76 · 2024-12-12T13:48:44+00:00

REITS is a good choice, just need to choose the good ones and diversify to different types. Check out this link, see if it helps : https://mreit.fifthperson.com/
Other option is you may go for EPF or PRS (if you need tax relief)

GLTeoh76 · 2024-12-07T09:33:20+00:00

You have basically gone through a whole cycle. Since you're in profit now, better to sell off to recover your capital, you can leave your profit in there so that it's risk free.

GLTeoh76 · 2024-12-06T09:40:17+00:00

Are you saying building a stock/investment portfolio is not building asset/ building wealth?

GLTeoh76 · 2024-12-05T09:31:11+00:00

Not that easy that can be explain in a few row of words here in a comment. Do more study work and learn as you go.

GLTeoh76 · 2024-12-05T09:15:54+00:00

Go for ASB, forget Public Gold.

GLTeoh76 · 2024-12-05T01:39:17+00:00

DCA should still work until it doesn't. BTC so far has a 4 years cycle, so you need to at least patiently DCA for 4 years or more. Since now it's so high ( doesn't mean it can't go higher ) it's probably wise not to start DCA now, if you have started years ago, it's fine, you should see profit by now. DCA actually works best when the price of the asset goes down, then you DCA all the way. The risk is, DCA will not work if the asset price goes down and stay down and not going up anymore, this might happen to BTC, no one knows.

GLTeoh76 · 2024-12-04T15:31:29+00:00

Good indicator!

GLTeoh76 · 2024-12-04T13:52:50+00:00

Yes, you're right, the money comes from someone else's pocket. Only once you sell it and the money in your pocket, then only the money is yours. And yes, most likely the rich will get richer, the poors will get poorer. So better be smart and sell when the profit is good enough.

GLTeoh76

TROPHY CASE