Tuesday, August 9, 2011

Basics covered - Q & A makes it lively

G' day ladies & gentlemen.

Since $ management and investing basics are so.. basic and common sense (IMHO), thus not much for me to add here unless there are questions posted.

Thus, i'm doing most of my "postings" in forums. They can be found at:
1. Low Yat Net forum:

2. PropertiesWTF: http://www.propertywtf.com.my/wongmunkeong-u827/posts/

Please do post your Qs in these forums and let's share to sharpen each other's minds & Financial IQ.

3. You may also be interested in a pack of Excel tools i've uploaded here
http://forum.lowyat.net/topic/1577849/+698 OR http://www.propertywtf.com.my/post4831.html#p4831
The tools/worksheets ranges from:
Net Worth tracking,
EPF extrapolation based on salary growth %, bonus, etc,
Properties Evaluation (just quantitative) & rental/sale returns tracking
Investment returns calculation (for those stuff like put in $10K for 6yrs, and get $xxx,xxx in 30 years)
Effective rate of interest pa compounded for straight line loans like car loans and personal loans

Saturday, August 6, 2011

Tracking of growth / net worth

It's another year or two, and by tracking the details and % of my net worth, I know that the methods put into use / habits are still working and working great. My yearly (moving 12 months) growth's average is still 28% to 30%+ and the median is 24% to 27% . Woo hoo!

Eh, not all of it is due to investments' returns yar, it's also due to my crazy savings (to me it is crazy mar 40%+ excluding bonus, 70%+ including bonus), enabled by simplifying my life.

Side note, just as a statistic, if you save 43% of your investments returns' and spend only 57%, your $ will never be finished - assuming 8%pa returns and 6% inflation.

Please note - this post is not to brag but to share
a. If U track it, U can manage it better (look at corporations & business world)
b. As U track it, U will "see the light at the end of the tunnel", and it's not an oncoming train :P
c. Simplify, save and invest

Updates on my 1st Investment Property

Hm.. prices shot up like nuts already. I've gotten several offers to buy it off my hand and have finally accepted one - hey, if the market is so eager and chasing things higher, who am I to stand in the way yar? :P

Anyways, IMHO, back to basics.
When the market is crazy, high on fumes and is willing to pay dearly for stuff, i sell.
When the market is crazy, manic depressive and is willing to discount heavily to get rid of stuff, i buy.

Works well in the long run without crystal balls.

2011 08 05 Fri - another Black Fri

2011 08 05 Fri - Anyone here ran with their hair on fire, looking at the plunge in Dow and the rest of the financial markets?
Heheh - in Malaysia here, i happily gobbled up 2 REITs at bargain prices, thus good gross Dividend Yield expected of 8%+/-, BSDREIT and ARREIT. Too bad others on my target did not drop to my trigger price :P