Hi, can I get some recommendations for short term investment.

I have about RM40k cash in my bank (excluding emergency fund). I'm not good in stock market. Is the best and safest way to invest this money is via bank fixed deposit?

Looking to invest around max 1 year duration. And I'm not a risk taker, so no stock market or forex for me. I'm in my early 40s, married & no kids.

This post has been edited by sugarbaby: Nov 28 2023, 04:52 PM

Please do not play shares now ,bursa even worst. Things are so unstable now . If you want to invest in FD wait till End year after Bank negara increase rates.

I'm looking at 1 year investment. Maybe around 5% to 6% returns? Or is it too unrealistic?

Depend on age, how long is short term and what how much you want.
If you are 55 and above, no brainer. EPF.
If you don't care about PIDM, KDI save give you 4%p.a for first RM50k. subsequent amount will give you lower returns.
If you care about PIDM then high yield savings account. You may have to jump though hoops to get your high interest.
Alternatively short term FD 1-3 m promo FD if you don't want to jump through hoops

If u bumi - ASB 5% and above

If u non-bumi - ASM 4.5% and above

*subject to ASNB performance

All in Bitcoin. Next year increase by 100%. You no invest you rugi.

*The above are not guaranteed returns and you invest at your own risk.

Increase rates? If no decrease rates, cukur already.

You are daydreaming 🤦‍♀️ BNM has said they won’t increase any rates in the next few years because of slowing growth so don’t dream OPR go even past 3.5% not to mention 4% but in facts cuts might be in place of next year recession and govt don’t have any money in place for stimulus 🤦‍♀️ as Malaysia inflation is still manageable 🤦‍♀️ so don’t expect any rate increase

Unrealistic 🤦‍♀️ if you don’t want too take any risks as even EPF is struggling to hit 6%

Too late to all on Bitcoin as the low of 1*k 🤦‍♀️ already hitting 40k and won’t go up much from there 🤦‍♀️

5-6%? EPF, but that one long term la, best is put into FD lo.

If you don't mind losing money then yeah. There are options available. Cause capital is not guaranteed.

If you got parents above age 60 and you trusted them and your siblings....
You can try put into your parents kwsp account
Can achieves your need of
Short term around 5-6% pa n safe

These are capital protected?

3mth, 6mth or 12mth……fix deposit…..try to look for promo…

Pseudo protected. Unit sold and bought at RM1.00/unit. It's mentioned not protected but yeah above feature.

1 yr then best FD. Lock it up. So you won't itchy hand.

Don't fall into love scam.

Well you are right according to this article from BNM https://www.bnm.gov.my/-/monetary-policy-statement-07092023 but info i got from my banker they might be an increase very near future - so yeah . Just sharing only 1-2 waiting no harm right.

1-2 month opportunity cost is huge.

I won’t listen to your banker 🤦‍♀️ as they have no foresight and BNM monetary policy is not as independent as what you think as it is stifle by political influence 🤦‍♀️ the only way they would increase is that the economy is on gangbusters with every quarter hitting 6% which is unlikely 🤦‍♀️ with current economic fundamentals

Well, that's up to you - but stating OPR will not be raised in the next few years sounds illogical as well. So I rather just wait and see.


That I proposed Ts wait and see as well. What was your Suggestion again to TS? May be you can shed some light whats the best current short term investment?