Floating Cash: 7,246
Shares: 6,455
Mutual Funds: 2,983
Total Asset: 16,684
With ard 10k of initial amount, i have two goal for references:
1.Low/ moderate return
Your monthly deposit for 15 years of $ 1000.00
for an interest rate of 5.000 % compounded annually
with an initial amount of $ 10000.00:
| Year | Balance |
| 0 | $ 22,790.47 |
| 1 | $ 36,235.33 |
| 2 | $ 50,368.06 |
| 3 | $ 65,223.84 |
| 4 | $ 80,839.67 |
| 5 | $ 97,254.44 |
| 6 | $ 114,509.01 |
| 7 | $ 132,646.37 |
| 8 | $ 151,711.66 |
| 9 | $ 171,752.37 |
| 10 | $ 192,818.41 |
| 11 | $ 214,962.22 |
| 12 | $ 238,238.95 |
| 13 | $ 262,706.56 |
| 14 | $ 288,425.98 |
2. Medium High Return
Your monthyl deposit for 15 years of $1000.00
for an interest rate of 10.000% compounded
annually
with an initial amount of $10,000.00
| Year | Balance |
| 0 | $ 23,612.70 |
| 1 | $ 38,650.82 |
| 2 | $ 55,263.64 |
| 3 | $ 73,616.03 |
| 4 | $ 93,890.16 |
| 5 | $ 116,287.26 |
| 6 | $ 141,029.62 |
| 7 | $ 168,362.83 |
| 8 | $ 198,558.19 |
| 9 | $ 231,915.39 |
| 10 | $ 268,765.53 |
| 11 | $ 309,474.37 |
| 12 | $ 354,445.94 |
| 13 | $ 404,126.63 |
| 14 | $ 459,009.54 |
Final Saving Balanced: $459,009.54
Just bought (4715) Genting Malaysia.
Share portfolio total to:
Genting Malaysia - 1 lot
Sino Hua-an Inter - 2 lots
Lion Div- 1 lot
DPS -8 lots
DPS-wa -2 lots
Keladi - 3 lots
Take in Genting Malysia due to believe its fundamental and at the same time for its stable dividend pay. Other than that, the opening of genting sg may play a theme play in future.
Saving- a task that sound easy but hard to do
by mw2rp | Thursday, July 09, 2009 in Saving | comments (0)
Saving = Income - Expenses
A simple equation which many unable to get positive result.
Me too facing the same issue where in a month I get a positive result and the other month extra expense makes the portfolio to nil.
Current status:
My current income: 4780/m
My fix expenses:
Home Loan: 1000/m
Parent: 500/m
No interest debt from gf: 500/m
Cable TV: 80/m
Internet: 110/m
Electric and Water Bill: 100/m
House security services: 50/m
--------------------------------------------
Total: 2340/m
The above is not included expenses for food, petrol, toll, and miscellaneous.
Action to take:
1.) Keep record on daily expenses
- This will let me have a better picture on the overall profile and keeps me aware on my expenses.
2.) To set montly and yearly target
That's what i could think off at the moment. till now
A goal without a plan is just a wish- -Antoine de Saint-Exupery
by mw2rp | Wednesday, July 08, 2009 in Ultimate Goal | comments (0)
I shall need to organize my portfolio for better planning, few category has been identified:
Saving
- to have an emergency fund
Investment
- accumulation of wealth, bank saving will not be able to match inflation rate
Insurance
- to provide protection
I'll look into details on the above in order to have a proper palnning.
Saving
- to have an emergency fund
Investment
- accumulation of wealth, bank saving will not be able to match inflation rate
Insurance
- to provide protection
I'll look into details on the above in order to have a proper palnning.
Step into 28, another 27 years and it will be reaching the retirement age.
What have I gone through? What I've achieved all these while?
What should I plan for my years before retired? Can I run out from the rat race?
A lot of question mark and a lot of uncertainty.
I should make a planning...
This blog will be as my reminder as well as my tracker to my goal!
I can do it!!!
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