In this article, I will show you three charts consist of cash flow and asset vs. liability. Learn to hack the charts and you will be on your way to the road to riches. These charts are discussed and elaborated insightfully in the book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! First, let's look at the chart of the mediocre. Hacking the Charts of the Mediocre Financial situation: always spend less than they earn save a portion from their pay check every month conservative ...

I am so glad to receive an email from a young reader, Sam ( not his real name): Hello,I am glad to find a financial blog by Malaysian. I would love to ask advice from you regarding my financial planning. :-) I am now 25 year old student but I plan to start investing next year after I graduate. I plan to use mutual fund as my financial vehicle. I plan to invest at least RM1,000 per month in fund and I plan to retire within 5 to 15 ...

Follow up to my previous post commenting about Public Mutual's Far-East Select Fund and China Select Fund, Lim would like to know more about the right mix of high risk and low risk investment. In other words, Lim is actually interested to learn about the asset allocation in unit trust investment. Asset allocation involves dividing an investment portfolio among different asset categories, such as stocks, bonds, and liquid cash. The right mix for a person is actually very personal. The reasons that almost every investor possesses a different investment portfolio are: 1. ...