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[SPONSORED] HelloGold’s Co-Founder Interviewed Me

I’m used to interviewing founders and CEOs, but it’s quite rare that I get interviewed by them!

That’s what we did in this Ringgit Oh Ringgit x HelloGold collaboration. In this video, HelloGold’s Co-Founder Ridwan Abdullah asked me a bunch of questions, ranging from the website, my investments and my thoughts on gold. It was fun answering them and I may have laughed too much.

We talked about:

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[SPONSORED] What You Should Know About Gold Prices In 2008-2018

As someone who keeps gold and regularly checks the price, I thought I’d cover the gold price movement in the last decade. Here’s what happened to gold prices between 2008 until mid-2018. Think of this article as an explanation of the 10-year historical gold price chart below.

gold prices
The price of gold from 2008-2018, per kilo (for some reason can’t change setting to grams)

For the benefit of this article, I’ll use price of gold per gram, not per kilo. Most people track the price that way anyway (unless they’re from the US, in which case they use ounces).

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[SPONSORED] 20+ Interesting Gold Coin and Gold Bar Designs

If you’re keen to collect something, why not collect gold coins and gold bars? They tend to appreciate in value in the long run. If you get bored of your collection or need money, you can resell it and get back what you paid (and perhaps more than that). You can’t say the same for most other collections.

In this collaboration post with (which actually sells a lot of gold too despite the name), we would like to share some interesting gold coin and gold bar designs for your visual pleasure. Your inner pirate will appreciate this.

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Ringgit Oh Ringgit Christmas Giveaway: Gold, Crypto and More!

christmas giveaway

EDIT: Giveaway over; all prizes claimed! Thanks for your participation, everyone 🙂

Ringgit Oh Ringgit Christmas Giveaway is back! And I have a LOT to giveaway this year, thanks to the generous sponsors!

What Christmas Giveaways are available?

There are gold, cryptocurrencies, newspaper subscriptions and book vouchers up for grabs in SIX raffles. You can enter one or ALL of them, up to you. Prizes:

  • 1 x winner for RM200 in bitcoin from Ringgit Oh Ringgit + 1 year of Focus Malaysia subscription
  • 1 x winner for RM200 in Ethereum from Luno + 1 year of Focus Malaysia subscription
  • 1 x winner for RM200 in gold from HelloGold + 1 year of Focus Malaysia subscription
  • 1 x winner for RM200 in Zcoin + 1 year of Focus Malaysia subscription
  • 6 x winners for 1 year of Focus Malaysia subscriptions
  • 1 x winner for RM100 in Kinokuniya vouchers from Ringgit Oh Ringgit

The sponsors, in 6 words or less:

  • Ringgit Oh Ringgit – Suraya’s personal finance blog
  • Focus Malaysia – Weekly business newspaper
  • ZCoin – Privacy-focused cryptocurrency
  • Luno – Bitcoin and Ethereum exchange, accepts MYR
  • HelloGold – Keep gold as low as RM1

Note: Interested to be a sponsor? Comment here and I’ll get back to you 🙂

How to enter and win the Christmas giveaway

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[SPONSORED] 5 Common Questions About Gold Investment, Answered

gold investment

Since my early 20s, I keep a little gold as part of my investment portfolio. The process was more or less:

In this article, and in collaboration with HelloGold – an app-based platform to buy and keep gold investment – I’d like to share some common questions about gold investment.

#1 – How much gold should I keep?

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19 Financial Education Initiatives in Malaysia You Should Know

Something exciting happened recently. On 23 July 2019, Tun M launched the National Strategy for Financial Literacy (2019-2023).

financial education malaysia

Korang. A national strategy. For financial literacy. Isn’t this amazing? I’m all for it. This is great, we needed this.

So I was browsing through the document (thanks Vincent for sending to me!) and thought, hey! There are so many financial education initiatives, many of which I didn’t know about! I should share this on RoR!

So here you go. Every single financial education initiatives under members of Financial Education Network (FEN), as of writing time.

#1 – Ministry of Education

Initiative: Integrating financial education elements in the curriculum

What it is: Teach financial education component in schools

Official description: The integration of financial education element is carried out in several subjects directly or indirectly.

Among the subjects that apply this knowledge of financial education at Standards-Based Curriculum for Primary Schools (KSSR) and KSSR levels (Revised 2017) are Mathematics, Bahasa Melayu, English and Moral Education.

While the examples of subjects at the Standards-Based Curriculum for Secondary Schools (KSSM) level are Economics, Business, Accounting Principles, Mathematics, Bahasa Melayu, English, Home Science, Agriculture and other subjects.

The integration of this elements implemented through the subject curriculum in accordance with the suitability of the theme and areas of learning

#2 – Bank Negara Malaysia (BNM)

There are 3 initiatives under BNM, of which 1 is for the public, and 2 is for government agencies and civil servants:

financial education malaysia

Initiative #1: Karnival Kewangan (website | Facebook | Instagram)

What it is: Fun weekend activity for the public, with financial education twist

Official description: Karnival Kewangan is a one-stop edutainment centre to elevate public’s awareness on financial matters, enhance financial literacy among Malaysian and serve the needs of financial consumers.

Karnival Kewangan is a collaborative Public-Private Partnership initiative aimed at widening outreach of financial education nationwide

Initiative #2: Train-the-Trainers (TTT) programme for Government agencies

What it is: Improving financial literacy in government agencies

Official description: Train-the-Trainers (TTT) programme is an initiative to train and enhance the capability of the counsellors at the government agencies to conduct self-directed financial education sessions within their agency.

The programme also provides intervention measures to achieve prudent financial management behaviour among the government officers.

Initiative #3: Personal Financial Education module at E-Pembelajaran Sektor Awam (EPSA®) on-line learning platform 

What it is: Improving financial literacy among civil servants (online)

Official description: Personal Financial Education module (or Modul Pendidikan Kewangan Peribadi) is a newly launched on-line learning module offered to all civil servants in Malaysia.

This initiative is in line with the Government’s initiative to promote the use of online learning to civil servants for their continuous and lifelong

#3 – Securities Commission Malaysia

Initiative: InvestSmart® (website)

What it is: Public education events for Malaysian investors

Official description: The InvestSmart® brand is SC’s investor education initiative to create more informed investors who are self-reliant and are able to make investment decisions that are right for them.

Since its launch in 2014, InvestSmart® has actively carried our various initiatives to reach out to a wide spectrum of the public throughout the nation, educating them on a range of investment related topics.

InvestSmart® initiatives includes the annual flagship investor education event InvestSmart® Fest, Bersama InvestSmart® @ Borneo, SC-in-the-Community, seminars, InvestSmart® website, mobile application, online educational game Jump2Invest and social media platforms including Facebook, Instagram and Twitter.

#4 – Employees Provident Fund (EPF)

There are 2 initiatives under EPF:

Image credit: RinggitPlus

Initiative #1: Belanjawanku

What it is: A rough guide to show how much money we need to live

Official description: An expenditure guide, providing estimated minimum monthly expenses on various types of goods and services for different households in Malaysia. It is a useful tool for Malaysians to plan for their personal and family budgeting to achieve a reasonable standard of living

Initiative #2: Retirement Advisory Services (RAS) (website)

What it is: Advices Malaysians on retirement planning. Try the retirement calculator in their website

Official description: RAS offers personalized financial advice particularly on retirement planning to members of the public. It aims to raise financial literacy and guide Malaysians to plan for their retirement as well as understand available options that can help increase their retirement savings.

#5 – Perbadanan Insurans Deposit Malaysia (PIDM)

There are 2 initiatives under PIDM:

Initiative #1: PIDM Public Engagement Programme 

What it is: Tell people what PIDM do. I’ve done a few collaborations with PIDM under this initiative – see:

Official description: An outreach programme to bring financial education and PIDM awareness to the public in various locations.

Initiative #2: PIDM briefings

What it is: Like #1, but more targeted?

Official description: A series of briefing sessions to different target segments e.g. youth, retirees and working adults to promote awareness on PIDM’s financial consumer protection systems.

#6 – Agensi Kaunseling dan Pengurusan Kredit (AKPK)

There are 5 initiatives under AKPK, of which 3 is for the public, 1 is for employees and 1 for students:

Initiative #1: Financial Education Public Programmes

What it is: Fun weekend activity for the public, with financial education twist

Official description: AKPK provides a range of public programmes throughout the year targeting various target segments like youth, women, entrepreneurs and other related groups.

The programmes are held to provide a set of skills and knowledge that allows an individual to make informed and effective decisions with regards to their financial resources.

Initiative #2: AKPK’s Online Learning portal (

What it is: Free financial courses! There is one course so far, a house-buying module. Available in English and Malay

financial education malaysia

Official description: AKPK’s portal is developed to provide financial education programmes online. The portal provides a peer to peer learning platform that is socially engaging (participants can participate in modular discussion forums), making the learning fun, empowering, engaging and trendy.

Initiative #3: Customised Financial Solution Programme – (Employees Wellness Programme)

What it is: A programme to help employees facing financial issues (which companies, I don’t know)

Official description: A customised financial solution programme is designed based on the assessment conducted amongst employees of some organisations to identify their financial issues that need to be addressed in order to promote productivity of employees at workplace.

The issues are addressed by providing financial education, counselling and debt management programmes.

Initiative #4: AKPK Financial Literacy Symposium

What it is: A big financial education-themed conference slash event

Official description: This symposium is one of AKPK’s efforts to promote financial literacy among Malaysians. The highlight will be the reporting of findings from AKPK’s recent survey among Malaysians followed by forums and other related research presentations. It is held biennially.

Initiative #5: Social Enterprise Literacy for Youth (SELFY)

What it is: Improving financial literacy among college and university students

Official description: The SELFY programme is conducted yearly amongst students of higher learning institutions, focused on providing educational experience that leaves them with positive associations with money and social change.

Students are given financial education and then provided a seed money to start an enterprise. The concept of SELFY is to earn, manage, save and give.

#7 – Permodalan Nasional Berhad (PNB)

There are 5 initiatives under PNB, of which 3 is for the public, and 2 is for schools:

Initiative #1: Minggu Saham Amanah Malaysia (MSAM)

What it is: A big financial education-themed conference slash event

Official description: MSAM held annually since 2000 with the objective of educating the public on investment in unit trust, risk and return and financial planning. In addition, it is to educate the investors on where their money is invested by PNB.

Initiative #2: Seminar Pelaburan 360

What it is: Investment seminars

Official description: Daily seminars conducted by ASNB qualified financial planners at different locations to all segments of society on financial planning concepts.

PNB also has a whole video series in their Youtube. Sharing here Segment 1 Module 1:

Initiative #3: Kelab Pelaburan Bijak

What it is: Investing clubs in schools!

Official description: Aim to uplift the level of financial literacy among secondary school children. Currently, 155 schools have been selected to join the club.

Initiative #4: Kuiz Pelaburan PNB

What it is: An investment-themed quiz competition. The cash prize is quite lucrative!

Image credit: Harian Metro

Official description: Quiz competition involving different categories on key concepts relating to investment, financial planning, unit trust and risk and return

Initiative #5: Fiesta Labur PNB

What it is: Fun weekend activity for the public, with financial education twist

Official description: An annual event organized by ASNB. It is an edutainment based investment programme. Through Fiesta Labur, the public will be able to gain knowledge on investment and financial planning through interactive and fun way of learning.

This event provides various activities and entertainment for the whole family in educating and creating awareness on the importance of financial planning in their daily lives.

That’s quite a lot of financial education initiatives, isn’t it? But you know, these are just activities and resources by government and government-linked agencies. There are even MORE financial seminars and websites and media from the private sector.

For example, most, if not all the insurance companies do their own financial literacy initiatives. So does the banks. And the companies providing investment services, across all sectors, from properties to P2P lending to ETF to gold.

Then I also know the financial planning associations and the financial comparison platforms do financial education too. I’m sure I’m missing a few more here but I made my point, yes?

In short, learning opportunities are everywhere. Go look for them, and avoid the dodgy dodgy ones. If you lazy to go out, nah here are some book recommendations. Lazy to go book store? Nah recommended personal finance websites.

All the best and no more complaining government is not doing anything okay? It’s all up to our own effort now.

Pros & Cons List of 5 Popular Investments in Malaysia

In this article, I’m going to give you a condensed but concise pros/cons list of five of the most popular investments in Malaysia: fixed deposits, mutual funds/unit trust, stocks, gold and properties/land. I’m also going to give you the tried-and-tested strategies that work well with each type of investment.

Why these five? Simple – because the overwhelming majority of us will start our investing journey with one of them first.

Let’s get right into it.

#1 – Fixed Deposit

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Link Roundup #26: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. 6 things you must organize to be healthy, wealthy, and happy – The Ladders

Sometimes I’m not sure if I’m a ‘go with the flow’ type of person, or an organised person. I guess I’m a little bit of both, like most people.

On a scale between 1-10, how well-organised are your environment, money, relationships, health/fitness, spiritual life and time? Answering that is like doing a regular checkup, a self-assessment.

If you’re giving yourself a low score, the checklist in the article is pretty helpful to get you back on the right track.

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10 Best Books to Learn About Investing, According to Malaysians (With Video Summaries)

Spoiler alert: the best books to learn about investing will never teach you about getting rich fast and making quick money.

Instead, they almost always focus on playing the long game, discussing the right mindset and building a strong foundation in understanding fundamentals, like how the economy works.

At least, that’s what I learned when I asked for best book recommendations specific to investing in a personal finance group. It was kind of a humble pie moment – I thought I read a lot, but I’ve only read one out of the 10 books on this list!

For your (and my) benefit, I’ve compiled the recommendations here, along with their video summaries. Here are some best books to learn about investing, suitable for beginners as a starting point all the way to experts to use as refresher material.

#1 – Rich Dad, Poor Dad by Robert Kiyosaki

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