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@dazza_73 Yes, for younger people that don't need liquidity and want to stash some money away. My parents dumped in 20k about 25 years ago in ASW2020... Now it is over 3.5x the original value.

@taylorjr94 To make it more realistic, you might want to consider a gradually increasing saving rate. For example, when your salary more than 10K, you really should not be spending 85% of that for expenditure any more. Currently in Malaysia, spending 5K per month is already rather good decent...

@blessed2day Here's an interesting point of consideration. One of the pioneers of FIRE movement who had retired in early 30s with 3 million USD also have to return to work once he started to have children and need to consider their future education...

@joep222w Errr, while you are technically correct, you need to understand that the B40 group which means 40% of the population earning RM4k or less. if they can't even keep 50k in their "forced" saving. What are the chances they will even have more money in other places? Let's say they can save...

@chippero He doesn't need to be in deep shit to go to AKPK. They also offer advice and counseling on personal financial... He is clearly distressed, so it is good to try to go to a more professional advice than a bunch of random redditors...

@eng Yes, according to some statistics, 54% of Malaysian don't even have 50k in their entire life's saving. https://www.freemalaysiatoday.com/category/nation/2021/10/31/only-3-of-malaysians-can-afford-to-retire-says-epf/

@phoenix70 I'd be more careful with "let remisier handle it". Remisier earns money from transaction fees, not the stocks profitability or dividends. They might want you to keep trading as often as possible even if it means you are losing money in the long run.