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 Wahed Invest Malaysia, Good, Ok2, Bad?

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CheaTeRz
post Jan 31 2021, 11:09 AM

They can't beat me so they call me Cheater. oh silly
******
Senior Member
1,400 posts

Joined: Nov 2007
From: Seksyen 24, Shah Alam



Hey guys, I'm currently thinking of putting some money into this Wahed investment. I'm wondering if there is anything that I should watch out for?

Is aggressive portfolio any good? or should I go for more conservative one? biggrin.gif

and no I have no prior experience in investment, so I had no idea what should I look for but yeah I do understand the risk involve.
CheaTeRz
post Jan 31 2021, 04:36 PM

They can't beat me so they call me Cheater. oh silly
******
Senior Member
1,400 posts

Joined: Nov 2007
From: Seksyen 24, Shah Alam



QUOTE(MUM @ Jan 31 2021, 11:14 AM)
have you filled up your emergency fund?

are you NOT going to touch this invested money in the next few years?
*
To be honest I'm not sure how to really measure how much is to say I've filled up. but yeah I sure have.. and actually I'm planning to spare about 30% of my monthly saving into this..

just say that this is like my 2nd piggy bank that I hope can grow by itself. 😋


CheaTeRz
post Jan 31 2021, 05:45 PM

They can't beat me so they call me Cheater. oh silly
******
Senior Member
1,400 posts

Joined: Nov 2007
From: Seksyen 24, Shah Alam



QUOTE(GrumpyNooby @ Jan 31 2021, 04:38 PM)
Emergency fund is able to allow to live in case you lose your current source of income for min of 3 to 6 months of your expenses and commitments.
Some even said better to use 3 to 6 months of your gross monthly income.
*
with my current commitment, 3 comfortably and probably can stretch up to 4 month.

QUOTE(MUM @ Jan 31 2021, 04:56 PM)
on your question on
"Is aggressive portfolio any good? or should I go for more conservative one?"

and with your reply like this
"this is like my 2nd piggy bank that I hope can grow by itself."

then i think for me, i would prefer to have a "conservative rather than aggressive portfolio"
*
I see, what should I do if I want to go for aggressive portfolio? Buy/sell only at appropriate timing?

 

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