I can't read Chinese. But I google translate it. Good one. I was 10 years late. I was one of those ignorants. But I work doubly hard to compensate my lost years. I will hope to see results in another 5 years time as I have only started to learn about personal financial and investment about 5 years ago.
very good one, fully agreed. Probably some hardcore property fan will disagree and tell u your house is the best investment as it will sure appreciate, investing in stock is exposed to down side risk, and there is no leveraging effect, blah blah blah
If I read it correctly, it said consider house first, car is just a necessity ... So buy not because of status, but because we need it. I could only hope my proton basic could last me another 5years or more as ... Err ... Proton cars won't last? Low quality? But it is still the cheapest I could afford.
Wish I could think it this way 10years ago. To the youngsters, do think about it before buying a car or change a new car?
Not neccesarily. Robert T.Kiyosaki told us that not all properties are assets. Only the properties which can bring in +ve cash flow are assets i.e. house/apartment/shop/land for rent/trade. & it'd be best if one has both assets in share & properties to diversify risks & increase +ve cash flow. Just my opinion.
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Posted by omgimnoob > 2012-03-11 11:32 | Report Abuse
Wahh...damn right! The selfish side of me told me dont share out for others. But I will quietly post in facebook to inform closest friends.