Posted by Wealth_seeker > 2017-05-03 11:11 | Report Abuse
Braveang, here is your referance
your assets
house (bought price) + Car (bought price) + Cash + FD + EPF + insurance investments + stocks current value + funds current value
your liabilities
House loans (outsandings) + Car loans (outstandins) + personal loans + study loans + Credit card loans + any borrowings
of course, if your are expert enough, you can do appreciation, armotization, and depreciation value for your assets. This is just a simple estimation
Posted by braveang > 2017-05-03 11:29 | Report Abuse
Hi Wealth_Seeker,
Thank you for your explanation. your article is great and informative.
Posted by noobnnew > 2017-05-03 13:43 | Report Abuse
Unrealistic. Let's say a fresh graduate can earn RM 3k/month. Yearly net income will be RM36k.
According to your formula, he should have RM86,400. Do you think it is possible?
Posted by Wealth_seeker > 2017-05-03 14:00 | Report Abuse
Hi noobnnew, can't agree with you more. However, that book's formula is just a simple guidance. Preferance is upon our choices. Personally I think this formula should be applied on those who work for at least 5 years and above.
No result.
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save malaysia!
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Mercury Securities Research
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The Alpha Trader
KINERGY ADVANCEMENT BERHAD) (0193) - A CAPITULATION TRADE SETUP
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TA Sector Research
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TA Sector Research
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
braveang
5 posts
Posted by braveang > 2017-05-03 10:14 | Report Abuse
how do we measure the value of 身家, is it also including house( even for own stay), car and etc, or it is mainly cash $ in bank? Please advise, Thanks