Get govt bond instead of corporate bond

Great. Then I have question to ask.
Those apps promoted on the website, how actually they can give out free money? I mean, there must be catch right? Apart from Honeygain which I know will share our internet connection

This post has been edited by YoungMan: Jan 6 2025, 08:41 PM

Mainly via ads and branding sponsorships. They're free to use but when claiming rewards or navigating the apps, there are ads injected or loaded for you to watch.

So those app developers earn from ad revenue, and pay a portion of that to users (i.e. us) to remain sustainable.

This post has been edited by UserU: Jan 6 2025, 09:49 PM

Careful of bond.. many kena credit suisse bond and become junk paper..

This ain't Kopitiam.
It's not a rocket science. Everyone knows. But why FD is too low.

Why not Saham Amanah?

Anyhow, the real question is, how to attain 1 million in the first place?

Work and invest your way there. Can be done.

The attainability with majority of Malaysian is not there. With low monthly salary, unless you 20K level bole la sembang Kari.

Then can be done.

/End

Well... I think FD kinda covers that

Recurring from bond, dividend stock, epf, rental, time deposits, asm, pl paku

This post has been edited by jojolicia: Jan 7 2025, 11:07 AM

Correct me if I'm wrong, this should be something similar to Ad-sense but it is applied to the apps instead of website, right?

Not true. Assuming you have RM5k salary. You put just RM2k into EPF every month (excluding amount from employer and decisions), for 30 years at 5%p.a you will have RM1.5m even if you start with 0 amount inside KWSP.

Even with RM1500, you will also make it there.

https://www.investor.gov/financial-tools-ca...rest-calculator

Play around with the numbers and you will see that I am right.

This post has been edited by Ramjade: Jan 7 2025, 06:38 PM

1. Amanah Saham Bumiputera (max out 300,000 units)
2. Amanah Saham Bumiputera 2 (max out 300,000 units)

Correct. The ones you see on Play Store or App Store usually stick with AdSense/ Apple since they are part of the ecosystem but some that are not might opt for another ad network.

This post has been edited by UserU: Jan 7 2025, 01:49 PM

personally im using:

Dividend stocks like banks
Crypto (super high risk)
EPF
Property rental

it gives a few thousand a month as passive while the rest comes from main job

Park your funds in REITs when they are not in use. Once you get the dividend, reinvest and maintain discipline. Compounding effect and should able to taste it in 5 years time

FD - 3.5-3.7% (Promotion rate)
REIT and bank stock - 5-7%
EPF - 5-6%
Stock market - 10-20% per year

FD and EPF no need to do homework, REIT, bank stock and stock market u need to spend time to understand the market, isn't easy but over the years u will learn a lot from it.

I did not mention i did it😅 I was replying to the previous post

But anywhere cryto cannot be considered as passive income as the capital gains is unknown and with no dividend

U macam don't know jack about crypto . I met this one guy who bought BnB at 0.X , BnB staking reward sucks less then 1% he also don't need work rest of his life dy . My sol staking also yield around 5 USD every 3 day .

Invest low cost flat and rent away by rooms

Your income qualify?