Have you everthough think and rethink what you learn during college time or high school accounting classes?? If you still remember, teacher always tought their student.... what??
Liability and Asset?
I believe until today, you still carry the concept of Car & House is your asset.
But is this true?? When you borrow tone of money from bank and buy your so call ASSET "Car and House".
Do you think this will be price appreciate on the long run?? But bro, I have to tell you a fact.... your car is depreciate over the long run and that not your asset... REASON is your car can only take money out from your POCKET, why I also said your House is also a Liability??
If you carry your house and stay for long run... have your house made you some money?? or generate income for you?? Yes, maybe your property and home is appreciate over the long run... but he never bring you to financial free.. its more like a burden to your life and slowing down the speed you getting rich!!
You made installment for your home as long as 30 years or more... Let say the interest rate is just PROPERTY you acquire is RM400, 000 and interest rate is 4.4%
Over 30 years, you have to pay RM480,000 for your preperty' Interest and your total spend is RM880,000 ..... just imaging how you going to spend your life and etc.
If you are not buying a LIABILITY HOUSE, Car and put your money into an Investment Portforlio... Anual Return just 4% (Compounding Interest) your money will be RM1, 297 359.00
See the difference??
So RETHINK!!! What you learn in school is RIGHT or drive you to another RAT RACE Generation??
股海
Monday, October 24, 2016
Opening for Investmet Blog
Welcome to my little financial sharing blog
Dear all reader, in my blog I would like to share my little financial knowledge to all of you in simple language as I’m not really a good writer and not doing well as other author did.
Mission of my blog is to help peoples gain financial knowledge and know how to plan their money in the end of the date.
I will be happy if you able to benefit by my little wording in the end of the date.
I will teach you, and sharing with you mostly related to financial and some of the "So called" - Financial Advisor's Trick and etc.
I mainly focus on how to manage financial cashflow and second is how to leverage your money and make it growth big and biggest.
I will share you some tips about share market, how to make money from share market from fundamental and technique both.
Dear all reader, in my blog I would like to share my little financial knowledge to all of you in simple language as I’m not really a good writer and not doing well as other author did.
Mission of my blog is to help peoples gain financial knowledge and know how to plan their money in the end of the date.
I will be happy if you able to benefit by my little wording in the end of the date.
I will teach you, and sharing with you mostly related to financial and some of the "So called" - Financial Advisor's Trick and etc.
I mainly focus on how to manage financial cashflow and second is how to leverage your money and make it growth big and biggest.
I will share you some tips about share market, how to make money from share market from fundamental and technique both.
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