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3 comment(s). Last comment by Old_and_Golden 2017-12-14 10:45

3iii

12,917 posts

Posted by 3iii > 2017-12-13 22:09 | Report Abuse

Good health and good luck.

ks55

3,678 posts

Posted by ks55 > 2017-12-13 22:26 | Report Abuse

20k?
What can you buy?
To be a day trader?
Better not.
Since you already have cucu, better spend more time playing with your cucu.
If you have worked 17 years overseas with good salary, you should have saved not less than 5m assuming USD 360k per annum.
Use 4m to buy Reits that generate 6% a year, amount to 240k for living expenses.
500k in FD/Saving account for big ticket item when necessary.
500k in HLIB for ecTrade with 0.1% commission, to pass time and get some thrill.
Surely NOT 20k as you have intended.

Posted by Old_and_Golden > 2017-12-14 10:45 | Report Abuse

3iii....Thank you.

ks55....Thank you for your advise, much appreciate that., especially on REITS. In fact I have purchased a couple of small flats in the UK and they are generating modest passive income for me.
Starting with RM20k first, to 'warm-up'.
No I don't have RM5mil saving, nice thought though.

I am a low risk, long term investor.

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