Oct 4 2016, 11:14 PM
QUOTE(red123 @ Oct 4 2016, 10:35 PM)
Hey guys. Let's say I have RM100k savings. Can I know what investment I can do with it with the following conditions:
1) Minimal monitoring, as I planned to keep my job that earns about RM3,000 a month.
2) No financing needed, as abovesaid with a salary of Rm3,000/month I won't be able to fork out additional expenses.
3) Low risk, the RM100,000 is my everything and losing them means I am no better than a beggar
4) good return, I don't expect a high substantial return with low risk but at least a decent return
I have considered the following:-
a) Low cost flat that cost <RM100k and rent it out by hiring an agent to manage it. I don't know how much rent I can get each month with such low cost flat
b) FD which is really minimal at <4% return. Last resort.
c) Unit Trust. Low risk high return? Again I don't know anything about shares and trusts.
d) Coin washer business. (as a partner)
e) swiftlet nest investment and hire agent (those rural properties cost <100k) but high risk of no return
f) investment in gold.
About me:-
i) 29 years old
ii) not getting married anytime. Foreverarone
iii) Have a car, have a place to stay.
iv) monthly expenses = RM2200
v) Not a bumi so ASB out of picture
Anyway I hope all the maestros here can share their insights with me as to what to do with RM100k for investment. Thank you.
Forget FD.1) Minimal monitoring, as I planned to keep my job that earns about RM3,000 a month.
2) No financing needed, as abovesaid with a salary of Rm3,000/month I won't be able to fork out additional expenses.
3) Low risk, the RM100,000 is my everything and losing them means I am no better than a beggar
4) good return, I don't expect a high substantial return with low risk but at least a decent return
I have considered the following:-
a) Low cost flat that cost <RM100k and rent it out by hiring an agent to manage it. I don't know how much rent I can get each month with such low cost flat
b) FD which is really minimal at <4% return. Last resort.
c) Unit Trust. Low risk high return? Again I don't know anything about shares and trusts.
d) Coin washer business. (as a partner)
e) swiftlet nest investment and hire agent (those rural properties cost <100k) but high risk of no return
f) investment in gold.
About me:-
i) 29 years old
ii) not getting married anytime. Foreverarone
iii) Have a car, have a place to stay.
iv) monthly expenses = RM2200
v) Not a bumi so ASB out of picture
Anyway I hope all the maestros here can share their insights with me as to what to do with RM100k for investment. Thank you.
Look into amanah saham fixed price.
https://forum.lowyat.net/topic/4016823
It's like FD because you buy and sell at rm1/unit (how to lose money) even though it's making a loss. Instant liquidity.
Another one is UT via FSM. Just buy bond fund like RHB Islamic bond fund. No need see NAV, no need think about service charge. Bad thing is can only be withdrawn next year (if you want to save 1% exit fees)
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