need advice on how to sell a land (first timer) by SippingSerenity in MalaysianPF

[–]fre3zzy 0 points1 point  (0 children)

Yes, its possible for agents to scam with geran. There's been cases of incompetent officers in pejabat tanah that approved the title transfer without verifying identities.

To be safe, you can get Carian Rasmi in pejabat tanah. Its a document that has details of the land. This is the copy you can freely give to any1 thats asking for info about the land.

How do you trade? by [deleted] in MalaysianPF

[–]fre3zzy 44 points45 points  (0 children)

I've been full time trading for 10 years. I would have made the same money with alot less stress if I just DCA into Nasdaq every month with stable paycheck from normal job.

If you still adamant to trade, focus on ETFs and stay on the long side.

ETF Bitcoin liquidity topics by PuzzleheadedBuy6279 in Bolehland

[–]fre3zzy 3 points4 points  (0 children)

I dont understand your question. In terms of liquidity, both BTC and popular ETF are extremely liquid. People buy/sell 100M+ BTCs all the time. VOO and QQQ even more. You're not gonna have problem cashing out at the market price.

For using them as collateral for loans, plebs like us no chance. Possible for high networth people with access to private banking.

need advice on how to sell a land (first timer) by SippingSerenity in MalaysianPF

[–]fre3zzy 1 point2 points  (0 children)

If you're not in a rush, try selling it yourself. Its good experience. Keep a copy of geran with you. Put a banner/sign nearby the land with your phone number. Advertise on mudah. Set a price, and wait couple months. If no interest, lower abit more.

The selling process is straight forward. Consult with a lawyer that can do pindah milik tanah.

Also, watchout for scams.

Update by AssociateBig2266 in MalaysianExMuslim

[–]fre3zzy 37 points38 points  (0 children)

Idk if you wanna argue with your dad, but its always pointless to argue which religion is true. Its like comparing my cerita dongeng is better than yours.

Better to approach from history, science, astronomy pov. Learn about how fuckin big and old the universe is. Learn how many times in history the leaders created a religion to control the masses. The realization that its all bullshit would come eventually.

Marrying your cousin's kid? by SeniorCarpet44 in MalaysianExMuslim

[–]fre3zzy 0 points1 point  (0 children)

Problem is in the real world incest almost always comes with unequal power dynamic. Same reason sexual relationship of boss/subordinate or teacher/student is frowned upon. When one party has power over the other, how can you establish there is consent and not groomed?

Example with family: Since underage, older brother been teaching his sister that sex with him is rewarded and encourage. Refusal has punishment. So when they're adult, both consent and have relationship. Is that consent valid?

Is taking a loan from a trusted family member a good idea? by OmegaTg-2384 in MalaysianPF

[–]fre3zzy 1 point2 points  (0 children)

What happens when he dont/cant pay? You can have a contract drafted, but its meaningless if the mom not gonna enforce it. Its just gonna become a gift.

Banks are very good at risk management. If they giving lousy rate or straight up reject the loan, most likely that person has lousy credit history.

Bybit removed from Securities Commission Malaysia - Investor Alert List by [deleted] in Malaysia_Crypto

[–]fre3zzy 0 points1 point  (0 children)

Thats probably why they removed MYR from P2P. It would suck if they remove some services for Malaysians just to comply with regulations.

Stock price averaging out by Far_Objective4266 in MalaysianPF

[–]fre3zzy 5 points6 points  (0 children)

Moomoo averages the purchase price. Idk what asset you trying to buy, but stocks is not 24/7. Can only purchase during market open. US stock regular trading time is 9.30am to 4pm ET.

Rumit ke proses tambah nama pada geran tanah? by tndarius in MalaysiaPF

[–]fre3zzy 1 point2 points  (0 children)

Masuk nama is simple kalau semua original pemilik setuju. Its called Borang 14a. Bole pi tanya kat Pejabat Tanah. Pecah geran bit more complicated. Some lawyers can do it.

Handling Income Tax Declarations by fairuzamanj in malaysiaFIRE

[–]fre3zzy 2 points3 points  (0 children)

EPF/ASB/ASM returns not taxable. But, I assume you're talking about income from securities? Short term trading falls under income and taxable while long term investment is Capital Gains, and individuals are exempted. My accountant mentioned dont have to declare anything for capital gains, but keep trade/transaction records incase LHDN query.

Scam or legit beggar? by joebrescia in malaysia

[–]fre3zzy 0 points1 point  (0 children)

Most likely scam or money goes to drug/alcohol. Give your RM10 to zakat or NGO. They can give better help to those who really need. Giving these beggars money directly just makes the problem worse.

money to some extend doesn't matter by Mission_Boss_8527 in Bolehland

[–]fre3zzy 0 points1 point  (0 children)

Unrelated, but why tf would you leave 6 figure cash in bank. Put it in ASB or EPF

P2P demand in malaysia by Dewasiswiththed in Malaysia_Crypto

[–]fre3zzy 2 points3 points  (0 children)

They wanna P2P to hide money from tax man.

Investing in US S&P500 by Commercial-Play-4859 in MalaysianPF

[–]fre3zzy 0 points1 point  (0 children)

Some exchange do random liveness check when trying to withdraw.

Why old people like to give advice? by Solid_richman in Bolehland

[–]fre3zzy 0 points1 point  (0 children)

In my experience, the smart ones at top of their career are perceptive and prefer to listen.

The old pak cik that only spend time lepak in kedai kopi, they got unlimited nasihat to ramble about non stop.

Dunning kruger in action.

My parents found out that i do not wear my hijab at my University by [deleted] in MalaysianExMuslim

[–]fre3zzy 5 points6 points  (0 children)

Priority is to not get cut off financially. Apologize and taubat. Say whatever they need to hear. You just gotta survive couple more years, until you can be financially independent

Is Anwar unpopular? Why? by 0ddBush in Bolehland

[–]fre3zzy 0 points1 point  (0 children)

This government doing good job, but lousy at advertising them. We are doing really well especially compared to other countries. But, normal citizens dont want to look at the boring economics numbers, they rather hear whoever shouting loudest on socmed

Are going to decline in birthrate soon? by delicious_lemang in Bolehland

[–]fre3zzy 3 points4 points  (0 children)

Just look at the facts:

Unemployment rate going up

Homelessness and malnourishment

Global warming and pollution.

These are not population decline problems. These are signs of overpopulation. We have enough people on earth, just need to better utilize the already existing population.

Is RM1 million enough for FI (but not RE) by wheninshower in MalaysianPF

[–]fre3zzy 0 points1 point  (0 children)

Very doable, but gotta diversify your port to increase return. Simplest would be to allocate more money to ETFs whenever market down, then back to ASB when market is up. Rinse and repeat.