Stretch your Ringgits
I was trully amazed when i received numerous message on Uncle Ravi’s note. Thanks to the wonderful readers, some appreciated the experience shared, some requested me to continue writing on investment, some wanted to invest and i have fixed the appointment and some pending meeting with them.
Let me tell you another true story how does a financialy freed person is living. It is none other than my bf dad. He 60 years old man now, 2 children all are grown up and working. He started diversifying into investment many-many years back, could be when i was still studying during my colleges. He had invested on property and also equity market. Few years back he bought a double storey house and paid cash, he has a car and most importantly he does not need to make the bank richer by paying hefty interest. He is NOT squeezed by inflation and well he is NOT WORKING. He is enjoying his golden days watching ASTRO and sipping a cuppa of hot coffe when some of the other people at his age are still struggling coping with life and financial. An elderly husband and wife is separated because they need to take care of their grandchildren in 2 different house ( daughter’s house and Son’s house), both their children are working and need someone to stay in with them. Im not saying it is unrealistic, ideally not something we want to go through during our golden age.
When we’re talking about legal investment it is not only UNIT TRUST but also on property, Insurance & bonds. You must always PLANT THIS IN YOUR BRAIN THAT ANYTHING THAT YOU INVEST , THE RETURNS MUST BEAT THE INFLATION RATE. Else you are making a loss by saving weaker Ringgits. Stretch your dollars….twist your coins and smile when you see your $$ Account balance $$ .
Good LUCK - ONBVN
