Comments on: How A Fresh Graduate Plan to Retire in 8 years http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/ Personal Finance Money Tips Sun, 20 May 2012 09:50:01 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: sEnGz http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-155594 sEnGz Thu, 19 Apr 2012 11:43:44 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-155594 I salute Sam for his determination but I personally feel that the estimated return is too ideal and won't come true. Furthermore, to be realistic, how many of us have RM80k at hand when we are 26 years old? Many of us have study loans to pay off upon graduation. Does that answer your question on why some of us only invest RM100 in MF during the initial stages of our working life? Nevertheless, I'm sure we can find areas in the article which we can adopt in our REALISTIC life. Good luck Sam in pursuing your target. I salute Sam for his determination but I personally feel that the estimated return is too ideal and won’t come true. Furthermore, to be realistic, how many of us have RM80k at hand when we are 26 years old? Many of us have study loans to pay off upon graduation. Does that answer your question on why some of us only invest RM100 in MF during the initial stages of our working life?

Nevertheless, I’m sure we can find areas in the article which we can adopt in our REALISTIC life. Good luck Sam in pursuing your target.

]]> By: anna http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-154371 anna Sat, 25 Jun 2011 05:44:46 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-154371 thanks for the sharings. i couldn explain how much this cmmments and sharing have gave me solution for my thoughts and fuure plans. superb ! and amazing :) good job and good luck :) god bless! :) thanks for the sharings. i couldn explain how much this cmmments and sharing have gave me solution for my thoughts and fuure plans. superb ! and amazing :) good job and good luck :) god bless! :)

]]> By: Ed http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-154163 Ed Wed, 20 Apr 2011 16:07:10 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-154163 Hello everybody, Correct me if I am wrong. But based on the comment above, 15% growth seems unachievable in unit trust?? Is it true? Have you invest in any fund house and manage your portfolio? For myself, i have seen many of my investors earn more than that during good times and most of the cases were from of lump sum investment without proper management. As for the bad time, the gainers were belongs to those investing with right strategy and proper allocation. IMHO, if you invested in stock to earned solely on dividend, the chances are definitely slim. With unit trust on the other hand, it have varieties of choice(funds) which involved the same stocks that you might be interested in and this will allow the investor to do allocation and spread the risks. However, all of these actually depending on the investor risks appetite and the objective of investing. If a person is very emotional type, i.e whose jumping up and down when the market goes down, the best is to placed the money in something conservative. But if the, person truly the understand the fundamental investing which required certain time frame and professional assist (somebody like KC :) ), then 15% is definitely can one lah. Hello everybody,

Correct me if I am wrong. But based on the comment above, 15% growth seems unachievable in unit trust?? Is it true? Have you invest in any fund house and manage your portfolio?

For myself, i have seen many of my investors earn more than that during good times and most of the cases were from of lump sum investment without proper management. As for the bad time, the gainers were belongs to those investing with right strategy and proper allocation.

IMHO, if you invested in stock to earned solely on dividend, the chances are definitely slim. With unit trust on the other hand, it have varieties of choice(funds) which involved the same stocks that you might be interested in and this will allow the investor to do allocation and spread the risks.

However, all of these actually depending on the investor risks appetite and the objective of investing. If a person is very emotional type, i.e whose jumping up and down when the market goes down, the best is to placed the money in something conservative. But if the, person truly the understand the fundamental investing which required certain time frame and professional assist (somebody like KC :) ), then 15% is definitely can one lah.

]]> By: Jeff http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-151491 Jeff Thu, 18 Feb 2010 05:41:12 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-151491 A 15% growth in your investment ? Some of the best dividend stocks in KLSE do not give such return....you must be joking ! A 15% growth in your investment ? Some of the best dividend stocks in KLSE do not give such return….you must be joking !

]]> By: UFB http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-151376 UFB Thu, 28 Jan 2010 04:32:27 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-151376 Yo sam... it great thinking.. but one think before u do all the planning on your none existing money.. i advise u to focus on your current habit on money now! How well u manage your money now. Because when u start manage ur money then only u can have more money not vice versa bro! I recommend u to read this book T.Harv Eker Secret of Millionaire Mind Set. Yo sam… it great thinking.. but one think before u do all the planning on your none existing money.. i advise u to focus on your current habit on money now!
How well u manage your money now. Because when u start manage ur money then only u can have more money not vice versa bro! I recommend u to read this book T.Harv Eker Secret of Millionaire Mind Set.

]]> By: Shogun @ Financial Samurai http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-150323 Shogun @ Financial Samurai Thu, 20 Aug 2009 00:24:21 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-150323 Sorry buddy, but you don't make enough money to retire at age 30 :( Unless, you want to live like a popper! How did your investments treat you last year? Shogun Sorry buddy, but you don’t make enough money to retire at age 30 :( Unless, you want to live like a popper! How did your investments treat you last year?

Shogun

]]> By: Benson http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-149716 Benson Fri, 12 Jun 2009 17:57:11 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-149716 D determination is good but in my opinion, why nt invest money in true business which require financial expertise also. From the money that we earned from certain business, we can invest much more steadily in stock, unit trust and so on. Wouldt it better than just be rather stressful to save Rm1k from estimated salary Rm4K. D determination is good but in my opinion, why nt invest money in true business which require financial expertise also. From the money that we earned from certain business, we can invest much more steadily in stock, unit trust and so on. Wouldt it better than just be rather stressful to save Rm1k from estimated salary Rm4K.

]]> By: Eu Ginn http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-136317 Eu Ginn Wed, 15 Apr 2009 10:27:16 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-136317 @ limsan Life is more than the work in your job. @ limsan

Life is more than the work in your job.

]]> By: LOKE http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-131214 LOKE Thu, 02 Apr 2009 14:09:41 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-131214 I don't think Sam can make it as 15 % per year is too high and not realistic. However, he has a good attitude we all should learn. We all should save a very big portion of our income now if we want to live comfortably in the future. This principle is called delay gratification which is the key to financial freedom. I don’t think Sam can make it as 15 % per year is too high and not realistic. However, he has a good attitude we all should learn. We all should save a very big portion of our income now if we want to live comfortably in the future. This principle is called delay gratification which is the key to financial freedom.

]]> By: limsan http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-100979 limsan Thu, 15 Jan 2009 07:49:58 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-100979 Let's say you can really retire in 8 years time with loads of money After 5 years without working, your brain'll become rusty and all your money will go to waste Get a life dude! Let’s say you can really retire in 8 years time with loads of money
After 5 years without working, your brain’ll become rusty and all your money will go to waste
Get a life dude!

]]> By: KCLau http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-88477 KCLau Wed, 24 Dec 2008 03:04:02 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-88477 @Doug, As you said, I think that Sam needs extraordinary "Willpower". @Doug,
As you said, I think that Sam needs extraordinary “Willpower”.

]]> By: Doug http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-88272 Doug Tue, 23 Dec 2008 08:51:15 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-88272 i don't think that he can do it in 8th years time.This is obviously not an easy task.there are still a lot of thing he has miss on the plan,like others commitments,insurance and properties.this is the main obstacle that may pull him down.however,if he is manage to follow the plan with a super strong willpower, this should be achievable.there is one thing he has to take into the consideration,that is the external factor like retrenchment.even though this is something we can not expected,i think he should get ready for this issue as well.GOOD LUCK.....SAM i don’t think that he can do it in 8th years time.This is obviously not an easy task.there are still a lot of thing he has miss on the plan,like others commitments,insurance and properties.this is the main obstacle that may pull him down.however,if he is manage to follow the plan with a super strong willpower, this should be achievable.there is one thing he has to take into the consideration,that is the external factor like retrenchment.even though this is something we can not expected,i think he should get ready for this issue as well.GOOD LUCK…..SAM

]]> By: Let’s talk about money | The Wise Curve http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-81265 Let’s talk about money | The Wise Curve Wed, 10 Dec 2008 06:55:38 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-81265 [...] How A Fresh Graduate Plan to Retire in 8 years [...] [...] How A Fresh Graduate Plan to Retire in 8 years [...]

]]> By: Case Study: Financial Goalds of a Malaysian working in Singapore | Personal Finance Money Tips http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-68830 Case Study: Financial Goalds of a Malaysian working in Singapore | Personal Finance Money Tips Sun, 02 Nov 2008 22:02:14 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-68830 [...] come close to what I am experiencing. The closest were Jacob@EarlyRetirementExtreme and your entry about this graduate who wanna retire in 8 years. Although Jacob’s blog is great but some of the variables are too Americanized and I was [...] [...] come close to what I am experiencing. The closest were Jacob@EarlyRetirementExtreme and your entry about this graduate who wanna retire in 8 years. Although Jacob’s blog is great but some of the variables are too Americanized and I was [...]

]]> By: Smart Money http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-33011 Smart Money Sat, 10 May 2008 03:09:45 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-33011 The use of monthly compounding with an annual rate of 15% is flawed. This assumes that additional money can be reinvested at 15% which is not the case. Normally, annual rate of return is used for annual compounding only. You need to convert the interest rate to a monthly compounding rate. The use of monthly compounding with an annual rate of 15% is flawed. This assumes that additional money can be reinvested at 15% which is not the case. Normally, annual rate of return is used for annual compounding only. You need to convert the interest rate to a monthly compounding rate.

]]> By: Malaysian Oz http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-18684 Malaysian Oz Mon, 28 Jan 2008 11:17:59 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-18684 I am very-very sure Sam will achive his goals less than 8 years. I've went through same situation as per what Sam planning for. I am very-very sure Sam will achive his goals less than 8 years. I’ve went through same situation as per what Sam planning for.

]]> By: renaye http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-3837 renaye Tue, 23 Oct 2007 13:52:11 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-3837 a very interesting question and answer since i'm also a fresh graduate planning to retire young. although sam has planned rigidly on his financial life, he didn't seem to include other expenses like what kclau has stated: marriage, car, house, etc. unless sam plans to retire at 40 which is a much more practical retirement age for his portfolio. or unless there are other alternative investment that can help him to achieve his target amount at the same time paying off his housing, car loan and support his family [if he has them]. a very interesting question and answer since i’m also a fresh graduate planning to retire young.

although sam has planned rigidly on his financial life, he didn’t seem to include other expenses like what kclau has stated: marriage, car, house, etc.

unless sam plans to retire at 40 which is a much more practical retirement age for his portfolio. or unless there are other alternative investment that can help him to achieve his target amount at the same time paying off his housing, car loan and support his family [if he has them].

]]> By: KCLau http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-3439 KCLau Fri, 19 Oct 2007 09:56:21 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-3439 loan is a matter of choice. If Sam doesn't get into any debt, I can't see any problem why 4k is not enough loan is a matter of choice. If Sam doesn’t get into any debt, I can’t see any problem why 4k is not enough

]]> By: John http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-3405 John Fri, 19 Oct 2007 01:41:21 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-3405 4k per month is not enuf for u after 10 years, how about ur house loan and other loans? 4k per month is not enuf for u after 10 years, how about ur house loan and other loans?

]]> By: Carnival of Smart Money #2 http://kclau.com/retirement/how-a-fresh-graduate-plan-to-retire-in-8-years/comment-page-1/#comment-2391 Carnival of Smart Money #2 Tue, 02 Oct 2007 05:31:51 +0000 http://kclau.com/2007/08/14/how-a-fresh-graduate-plan-to-retire-in-8-years/#comment-2391 [...] How A Fresh Graduate Plan to Retire in 8 years posted at KCLau’s Money Tips, saying, “A committed fresh graduate tells his story about his desire to plan for retirement as soon as possible.” [...] [...] How A Fresh Graduate Plan to Retire in 8 years posted at KCLau’s Money Tips, saying, “A committed fresh graduate tells his story about his desire to plan for retirement as soon as possible.” [...]

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