Asset - Liability = 500,000
I have declared in my Facebook Notes, that I will achieve a nett asset of half a million by 1st of January 2013. A SMART objective as the term used in MBO appraisals.
Not an easy target unless I get some kind of windfall between now till the deadline.
My Portfolio in stocks currently registers a -RM1968 on paper and the total worth is only about 6% of my wealth. 81% is in Cash. The others are in Fixed assets.
Somehow my gut feel tells me there's a property bubble brewing as well as high risks that could derail the stock market. I would prefer to see myself being a failure to gain rather than risk losing what I already have.
Not an easy target unless I get some kind of windfall between now till the deadline.
My Portfolio in stocks currently registers a -RM1968 on paper and the total worth is only about 6% of my wealth. 81% is in Cash. The others are in Fixed assets.
Somehow my gut feel tells me there's a property bubble brewing as well as high risks that could derail the stock market. I would prefer to see myself being a failure to gain rather than risk losing what I already have.
