Hi, thanks for creating this topic. I'm 28 years old, was from finance background. Have been trading KLSE stocks quite actively in the past and I've lower 7 figures (liquid assets like stocks, cash etc) in MYR this year. Expenses wise, I do not have much spending (no house loan obligation), hence, interests from my $ will be able cover for my modest living lifestyle.

For now, I'm like semi-retired as in I do not have a full-time job, with flexible time to monitor stocks/do some research. It was good but recently started to get bored and feel like exploring more stuffs in life, for example charity works eg. like you mentioned. Would like to learn from you guys on the time allocation vs. stuffs to do/new venture - as in how to spend it meaningfully. For now, its more like watching videos, doing research, trade/invest stocks which are less satisfying after some time.

Would like to share with you some of my humble opinions too. Since your highly liquid assets is RM5 million. Perhaps based on your risk appetite, you can allocate them into two categories: Low risk vs Moderate/High risk. Low risk assets may give you consistent interest/dividend on a regular basis, and you can ignore the price volatility since you will be holding them in the long term. Examples: FD, Cash, Big Cap companies with consistent dividend yield. I used the word 'consistent dividend yield' is that, some of the companies like glove companies, you may see their dividend yield for this year is high - during their industry up cycle when they're doing well. But the industry is cyclical in nature, hence, they are UNLIKELY to provide you consistent dividend yield over the years. For low risk assets, you should avoid these kind of stocks.

On the moderate/high risk assets, it can be stocks, unit trusts or corporate bonds - they may generate higher returns, but the risk factor is high too. I noticed that your investment strategy is quite diversified as you invested in SERBA bond/sukuk too. These are considered high risk asset - with certain default risk. With a investment portfolio (low risk vs high risk) that suits your appetite, you can have less worry and focus your time on things you would like to do.

Regarding to your question whether a financial planner would be good for you, it is very subjective - depending what kind of financial planners that you meet. For some of them, they objective is to sell you financial products to earn commission, there is a conflict of interest. I wouldn't deny there would be good ones that may help you to plan properly. Alternatively, you can talk to those individuals who have similar kind of networth, they may provide constructive opinions to you too without much conflict of interest.

Would also like to learn from you on the charity works.

was surprised that you stated about 4% of adults in Malaysia who have over RM500k networth. I thought it would be like 10-15%.

good to know that, thanks for the info n heads up.