KCLau's Money Tips Forum

[Relax]

How can we optimize our retirement? (a balance of fastest and wealthiest)
What are the factors involved and what can we do with them for optimization?

I think some of the important factors are :

1) Saving ( = Income - Expenses )
2) Growth rate
3) Time
4) Initial investing capital
5) Loses due to investing fee and tax

what else can we add to the list?
I think the whole optimization thing is a deep study.

1) Saving
find a job with high income, work oversea. Live frugally and avoid useless spending. Save money and convert the saving into assets

2) Growth rate
pick investing vehicles and set up a portfolio. Always consider the risk, performance and fees

3) Time
invest early
young investors can afford to grow money with high risk investment

4) Capital
Hmmmm..... save save save

5) Fees and Taxes
Hmmmm.....

[KCLau]

I think the most important element is : LEVERAGE

1. married to someone already rich - leverage
2. borrow money to do business - leverage
3. mortgage for real estate investment - leverage
4. margin trading - leverage
5. smart start-up - VC - IPO - also a leverage
6. get smarter people to work for your business - also leverage

[Guest]

if a ppl having a cash of rm200k in a bank, how can he generate an annual interest return of rm1.5k per mth ??

[AN09]

Hi good day
There a possible to get everyone if the person once he/she retired? I think is a seldom to become a wealth if they got a money from their retirement. But there is lot of advantages.
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