Every year they give Guaranteed Cash Payment which is RM 300.00 if I put in RM500 per month(6000 p.a)
Based on the illustration they shown, the average returns is around 4% to 6%.

I've decided to go with Max Yield because it is also considered as an insurance.
Honda CRZ, I am sharing the installment with sibling. Do you usually cook? How can you survive with RM400 per month .

Hi guys, I'm 21 working in singapore & single right now. (non bumi) Please take a look at my monthly cash flow and financial information to advice better suggestions if possible.

Income :
Salary - RM 5950

Investment:
Stashaway    - RM 2100

Expense:
Phone            - RM60
Rent              - RM960
Car                - RM750 ( 7 years to fully settle)
food                - RM410
Parent            - RM300
Petrol              - RM50
entertainment  - RM300
Transport(SG) - RM180

Saving            - RM840 (minus off investment already)
Current assets & investments:

Saving account    - RM6000+
Stashway            - RM6000+
Cryptocurrencies - RM14000+

Yes I know it is not wise to invest so much in cryptocurrencies but I have prepared to lose the money so not an issue for me. Kinda want to try my luck in cryptocurrencies since I'm still quite young, personally I think worth the risk.

You are young,... try to do a business, don't dive into investments yet. Make more to be used as bullets for future. After building your warchest, then you learn investments.

My background was like yours.

You are welcome, young bro,... 

Emm,... some businesses needed cashfow to start and to develop, if the young man gets involved in such a business for which he feels he is capable of doing, then it would be best put to use in the business to earn more money. LIke leveraging,....

Earning 5% per year shld be the last way for him to earn money with,... at his age. JMHO,.... I did not play safe when I was younger,...but that's my way though,..

Hi guys,

Would appreciate greatly if I can get some advise on how and where to grow my money. Dont have a big risk appetite

Age: 25 years old
Nett Pay: RM4,600 - RM5,000

Monthly Expenses:
Property Loan: RM350 (after deducted rental returns)
Food: RM 300
Petrol: RM 300
Insurance: RM 250
Phone bills: RM240
Misc. (Dating, yumcha/Alcohol etc.): RM700

Car: Paid off (looking to upgrade but i think it will still be problem free for the next 1 year or so)

Savings per month - RM2300-2500

ASNB - RM25k
Cash - RM35k
EPF - Did not check

Hi guys,

Would appreciate greatly if I can get some advise on how and where to grow my money. Dont have a big risk appetite

Age: 25 years old
Nett Pay: RM4,600 - RM5,000

Monthly Expenses:
Property Loan: RM350 (after deducted rental returns)
Food: RM 300
Petrol: RM 300
Insurance: RM 250
Phone bills: RM240
Misc. (Dating, yumcha/Alcohol etc.): RM700

Car: Paid off (looking to upgrade but i think it will still be problem free for the next 1 year or so)

Savings per month - RM2300-2500

ASNB - RM25k
Cash - RM35k
EPF - Did not check

Hi Lowyat,

I am currently in a dilemma should I be buying a property that priced as below:
Property Price
RM 814k (Before Rebate)

Rebate
RM 57k
RM 54k
RM 4k (Referral)

The rebate will be credited into my bank account as cash, which can be use for Renovation and covering for monthly installment for at least 21months (1.75 years)

I am planning to use 35k to renovate.

Current Salary - RM 5100 (After Deducting EPF)

Current Monthly Loan Repayment
Car - RM 700
Car - RM 750 (Ends in 5 month time)
PTPTN - RM 300
Phone - RM 285 (Ends in 11 month time)

Should I buy this property and use the rebate to pay off monthly installment for 1.75 years and work hard to ensure I get a higher pay by the end of 2021 to start paying the installment with my own salary? I also planning to rent out 1 room which yields around RM1000.

i wonder how many ppl can make 22k/m let alone 50k a month.

if a cleark who makes 3k or 4k a month, it is very difficult to reach the one like your scale.

precisely speaking, my exboss was on RM100k a month basis. our salary is just a small fraction of his salary.

so to achieve like what this forumer achieved, how many of us can achieve? his argument being, "who say salary earner cannot be a millionaire"?

Can, but definitely not multimillionaire like him only lo.

He also has a privileged tool that allows him to accumulates wealth without much effort, ASB.

Going through this thread, I can't help but feel there are so many ppl humblebragging here. Those earning >10k have no business sharing or pretend to ask for advice here, you are only bragging and trolling trying to make ppl here feel bad.

Earning > 10k, you are totally not in a pinch needing help managing money, you only need to not fuck up your business and income source, and don't waste money on lambo or mont kiara condo.

No we don’t, we’ve been based in Singapore for nearly 30 years. I’m still Malaysian though, She’s taken up Singapore citizenship.

Different people at different stages of their lives will have different risk appetites, based on different needs as well as financial capabilities.

At my age, I really cannot afford the roller coaster rides of the stock markets or Forex derivatives.

Bonds is good enough for us.

Hi all,

Been reading the sharing here, felt like I could humbly get some advice from the sifus here~

Age: 26
Nett Pay: 4700

Monthly Expenses:
Rent: 750
Food: 600
Phone bill: 50
Petrol: 200
Online shopping: 200
Parents: 500
Medical Insurance: 200
Medical supplement: 100
Others: 100 (Ochipalang)
-----------
2,700

Monthly savings: 2,000

Savings/Assets:
1. FD 10k
2. Rakuten 13k
3. PRS 5k (Topping up 2k yearly for income tax relief)
4. ASM 26k
5. OCBC 360 70k
6. EPF 49k

Total Assets: 173k

No outstanding loans. My parents bought me my first Axia and have been a great companion since.

OCBC 360 was great as i manage to hit the high interest rate monthly, but now its only 2.6% pa so i've been looking at other high yield interest saving account option.
Also, I'm interested in investing in robo-adviser (Wahed or stashaway) for perhaps 10% of my savings and with aggresive portfolio since ive been doing rather low-risk investment.

Ive actually achieved my financial goal already (for this age), just trying to diversify more on the investments and learn more as there's so many diff type of investments now.

Kindly give me any advice, thanks all in advance~

For me, atm, i dont know what to invest in

IBKR but i dont know how to choose stocks

What is the difference with SA MY?

Im under the impression once u invest in foreign entity, essentially they are in foreign currency

Any RM drop will result in increase in the investment

I dont know if i will be interested or have the time to do technical analysis/ research.

Even if i have the time, i dont know if i absorb correctly what i hear/ research haha