Search results

@gtfox26 Aww. Sell magnum if it makes you feel and sleep better at night.

@trm16 uh fairly easy actually. just add salary x savings rate. then nw x rate of return. then add the current year savings + returns to ur prior year nw. just some simple formula and u'll get there easy.

@streetcrusader Congrats bruh! Harrison's is a co i didnt look at. Lemme go have a look at it.

@anonymousrain Yup. From a policy POV, MAS doesn't regulate interest rate, and instead prefers to manage inflation through currency exchange. There's also the whole impossible trinity thing that explains why they cannot do both currency and interest at the same time. Regardless of the basis...

@lbutler Ooof

Another useful summary, how savings rate and increment rates influence NW over time, at 5 year snapshots.

@denise123 a. Totally understand that IRP is oversimplifying what is a complicated mix of things. b. Banks' SGDMYR Forward rates are set based on IRP + spread, so I won't say it's totally divorced from reality. c. Sometimes basic analysis is informative, and insightful. My own reading of the...

(also mods don't let me share pictures so oh well)

@belove RM is also a non-internationally traded currency. BNM actively goes out of it's way to prevent Ringgit NDFs. https://en.wikipedia.org/wiki/Template:Most_traded_currencies This chart shows that SGD is 12x more liquid and actively traded than RM. (2.4% vs 0.2%)

@ralphalvarezz you could double it if you include EPF. cos EPF is extra 23% min.

@agadfly i'm not gonna say more other than, iykyk

@eng I feel ya on the us tech stocks crash

@agadfly different state different rules. even bumi discounts vary by state. but yeah, the prices are bloated. i've wroked with developers that essentially use the bumi lot price as the actual price, and give buyers 10% discount if they are buying non-bumi lots, but u don't get the same...

@ericc Huh why

@silentnight1 None of the above. (sort of C) Developers already calculated the profits when they do the project budget. (This is when they do a feasibility study, and computed the GDV and GDC of the project). The allocation for bumi lots are usually about 5-20% (usually 10-20%). For these...

I'll start. A. Equities (Stock Market) (excluding REITS. We'll talk about that under Real Estate) Malaysia stocks Equities went sideways this year for me. I went big on banks and dividends-stocks, so I benefited from the interest rate rises. However, I fucked up when I took on larger...

@antiteck RM10k to 5.5? Sorry no thanks.

Every company prepares some financial statements (as part of regular financial discipline), we should do one for ourselves. How was 2022 for you? Let's structure it in terms of broad investment categories, and then in terms of P&L Example : A. Equities (Stock Market) (excluding REITS...

@troubledautisticsinner it's not a competition, in the end, its up to you to decide the lifestyle you want to lead, and the sacrifices you choose to make.

@pablob yeah i tot showing the full year-by-year growth while still showing 15/30/45 and 3/5% increments are too many variables and too confusing.