Insurance or Investment - InvestmentLink Insurance

Another great discovery from LCF.
http://www.howtofinancemoney.com/

http://www.youtube.com/watch?feature=player_embedded&v=rt4xEIwJlq8

SMS Alert From Bursa for Dividend Received

image from http://www.gadget.co.za

Not sure it is from Bursa (should be), but first time I received SMS alert about dividend paying to my account, good one, but is that necessary ? As I already received email about dividend coming in to my bank account ....

Sometimes, it is not about what the purpose it serve, but it is about, 'everyone is doing it'.

Property Hot Talk - Here I Come

I owned an apartment, which I bought it after I graduated from UNI, in Sri Saujana (somewhere near Sri Damansara, but NOT AT Sri Damansara), which I experienced 2 high and 1 low of the apartment price following the trend of the property prices in Klang Valley.

For the cycle, I see the price rise and dropped, and now it rises again. Without trying to catch the peak, I sold it, and the demand is really high actually. Well, after putting off all the expenses including possible lawyer fees and agent commissions, including the income of rental and the appreciation, and, 1 very important factor, the TIME factor, it is only a mere of  5.9% of annual compounded return.I only can say : NOT GOOD !!

The date I requested the agent to start posting : middle of June 2013. The agreement of sales is signed by the purchaser 1st July 2013.  I signed it 2nd July 2013. Keeping it here to make a record.

BTW, what make me decided to sell the apartment (which seems to be at a very good location), is :
1. After learning the new function of XIRR, I realised even with a steady monthly rental, the yield is not handsome (it get worst when there's leaking complains come in).

2. The story telling of "I earned so much and so much from my last landed house" is getting headed whenever I chat with people ... especially when I told them about financial planning with Unit Trust as 1 of the vehicle, I got a response "property will never drop, it will forever rise only, why I want to venture into something that so volatile instead ?" This was the same I heard few years ago when people told me they wanted to 'invest' into Gold instead of Unit Trust ....It is the bull, I won't know when is the peak, but for sure, the normal people is getting a bit out of mind nowadays when they talked about property.


This is only my thought, you can not agree to it. I am writing here to note it down, to review in future to see if my thinking and observation is correct or not. So, I am not indeed wanting you to agree with me.