invest with rm1000

What can you invest with RM1000? – A quick guide

invest with rm1000

Investing is one of those things that you know you have to do, but probably get confused with, in the beginning.

To me, investing is all about finding the right fit between your personality and your investment vehicle. Let’s start with what you can invest with RM1000. This guide is Millennial-friendly.

First off – Pay off debt

Before you start investing, take note of what you owe first. Credit cards, bank loans, and other high-interest loans MUST be paid off first.

Why? Because if you skip this step, whatever profit you get from your investments goes straight into paying off those interest instead of padding your pocket. No point investing if like that.

As a rule of thumb, education loan and mortgage can be considered good debt. The rest, especially if they charge around 8% or more in interest is bad debt.

No bad debt? Good. Go on to the next line.

Related: Explaining Snowball Method, The Best Way to Pay Off Debt

Invest with RM1000: Safe mode

Safe investments give relatively low profits, but AT LEAST THEY GIVE YOU PROFITS.

‘Safe’ here obviously depend on some factors:

Malays/Bumiputeras – You have your freaking genetic lottery. Get ASB (Amanah Saham Bumiputra). They consistently give between 7.xx-8.xx% returns. Done. So many resources on this so don’t ask me how, you know how to use Google right.

My other friends who unfortunately have to live under this unfair Malay supremacy rule

Fixed deposit: It’s not as much, but your money will at least keep up with inflation. The banks make it confusing to pick the best one. Lots of offers and jargon here jargon there.

Don’t take anything less than 3% (there are even 4.x% ones). Ask about extra fees you may have to pay (ie if you take out before the fund matures, must pay or not?). GenXGenYGenZ has this page listing all FD rates (not sure if regularly updated). Look also at RinggitPlus and iMoney comparisons.

Alternative: High-interest savings account: DividendMagic recommends Maybank GIA-i account which offers 3.45% (as of time of writing). You can make use of comparison sites too, like this RinggitPlus and iMoney one.

ASM (Amanah Saham Malaysia) and similar:  You have your ASM, ASW, ASG and whatever. They are probably the best safe option, but I’m aware options for non-Bumis are limited and not as attractive 🙁


PRS (Private Retirement Scheme): It’s like secondary, optional EPF. I contribute ~RM3k per year to my PRS to take advantage of tax relief.

EPF (Employees Provident Fund): If you work, you (should) already invest in this. DO NOT REDUCE YOUR EPF CONTRIBUTION!

Roboadvisory platforms: I *love* this option because they help you find out whether you’re a Very Conservative or Very Aggressive or somewhere in between investor, then give you a suitable fund. Related: Guide: How and Where to Invest in ETFs in Malaysia

Insurance: Not strictly an investment, yes, but I argue the best offense is useless without a good defense. It’s like putting all attack-type players in your party with no healers – bad idea. I personally have a medical card and PA insurance, and thinking of adding other types of insurance soon. Read my insurance article.

Invest with RM1000: Medium level

Unit trusts: Usually pay monthly. Can also take from EPF money. I bumped this to medium because they require a higher understanding before jumping in, so you don’t simply pick one blindly. Disclaimer: I know very little about unit trusts. Lots of agents can tell you more about this. CompareHero has a nice, 3-part guide to investing in unit trust.

REITs (Real Estate Investment Trusts): Buy property ‘stocks’ and get returns. Some knowledge in which areas do well preferred required.

Related: 5 Things I Learned About REITs in Malaysia (From a Bursa Malaysia-Sponsored Workshop).

Gold: Considered a safe-ish option, has a good track record overall. Popular as a long-term investment. See my guide at How to Buy Gold in Malaysia, as an Investment

Invest with RM1000: Hard level

Property: Die ah. Not impossible, but highly stressful. This combines getting 100% (or more) in bank loan then immediately renting it out to people for more that your monthly payment.

You probably need backup money for many things, from making the house tenant-able, to paying some random property fee dunno come from where.

Disclaimer: I know almost nothing about property. Ariff Shah website is a good resource for first-time property buyers. Kopi and Property has great insights about the property market as well.

Currencies: This can be fiat currencies (MYR, USD, GBP etc) and cryptocurrencies.

Two ways to do this – (1) buy currencies at low price then wait for it to come (IF it comes up). For example, if you bought USD when it was RM3.50, you get to sell it for RM4.xx (whatever the exchange rate is now).

(2) Play forex. Highly technical, high chance of effing it up and getting into further debt. Highly not recommended.

Read my no-bullshit forex guide. My currency of choice is bitcoin, and I follow (1) because (2) gives me heart attacks.

Stocks: Buy shares of companies and hold it, and hopefully it’ll go higher and you get good dividends. Stocks is not for everybody. Ideally, you must know how to read company reports and navigate yourself through many, many jargons.

The best stocks for beginners are what they call blue-chip stocks, aka shares in strong companies with a good track record. Disclaimer: I know almost nothing about stocks. Read DividendMagic’s blog – I swoon over his reports.

Related: DividendMagic Taught Me How to Read Financial Statements and Buy Stocks


Equity Crowdfunding (ECF): You give money to startups you like in return for equity (something like shares or your stake in the company). This is a fairly new type of investment available in Malaysia, and suitable for people who believe in a particular business model and/or the founder(s)’ chance for success.

The downside is if the company end up folding, you won’t get your money back.

To do this, go check out ECF platforms and browse through the startups they offer. See their business model, ask whatever you want about the company, and make your decision from there. Most are early-stage startups, but there are also some established businesses available.

P2P Financing: Another new type of investment available in Malaysia, where you can loan money to businesses (personal reasons not allowed) in return for an agreed profit. Personally, I use Funding Societies (note: referral link. I like the auto-invest bot. Use the link so both of us get RM30 extra)

Related: I Asked Hard Questions to the CEO of Funding Societies Malaysia

If you’re interested to raise money for your business, check my All The Ways to Raise Money for Business in Malaysia, Compiled article.

‘Invest’ with RM1000: You may get nothing in return, even your initial money

Investment scams: Too many people fall in investment scams. These are things that promise high, high returns on investment but end up cheat you and you won’t get your money back. I wrote about avoiding investment scams. Read here.

Collectibles: Some items can be sold for a higher price, yes, but you must know the ins and outs of that whole industry. Figurines, rare cards, whatever. Don’t simply buy then hope it can be sold. Then that’s just gambling. I personally stay away from collectibles because I know shit about it.

Own business: Lots of work must be put in it in order to succeed. We like to hear about rags to riches success stories, but statistically speaking something like 9 out of 10 businesses failed in the first year (I have a failed business, too).


Pick your risk profile – do you want to be safe but get low returns, or risky but high returns? Perhaps one of each, just to balance it out? If you are just starting out, perhaps start with the safer ones first (the key is to START), then learn as you go along.

Which one to pick from the above? Honestly, follow your personality. I don’t care about properties, so I don’t even bother with REITs and property.

Rather than pick the ones you want, delete the ones you don’t want. Or pick the ones you enjoy reading about and know a lot already. Stocks appeal to people who like keeping up with news about big companies. I absolutely love digital currencies, so that’s my poison.

Try reading my 12 Types of Investment Available in Malaysia and The People Who Have Them article for clues on which type of investor are you. Also read the 6 Things to Know When You’re Investing for the First Time article.

The best investors are long-term investors. Aka if you have a ‘get rich quick’ mindset and an investing novice, you’ll probably lose your money. Fact.

Questions? Give em here or comment via FB, Twitter, etc 🙂


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    1. You lost some time, but you can still catch up by making larger contributions. Remember that saying – ‘The best time to plant a tree is 20 years ago, the next best time is now’. The same principles still applies 🙂

  1. I’m a starting up investor, but shouldn’t I as an investing novice play it risky instead of playing safe? Ps I have no commitments and I’m a student

    1. Hey Alvin,

      Within the safer types of investments are riskier options as well. For example: unit trust. Some, like conservative funds, are mostly for retirees. Others like growth funds or specific commodities (precious metals, properties, some geographical locations) have higher risk and potentially higher rewards.

      I think a bit of risk is good for students. You have time to recover if things don’t go to plan. So yeah, pick a riskier one if you wish, but make sure the platform itself is not risky.

      1. Thank you so much for ur reply. I am inspired by the book Rich dad poor dad to be an investor. From what the book stated, real estate is a really potential investment to be invested. May I know why are u not interested in either REIT or physical property?

        1. I think I like the idea of property, but only for personal use kot As it is I’m interested in so many other investment vehicles. Best not to overstretch myself at this time 🙂

  2. Hi, I am back again haha sorry if it’s bothering you, but I couldnt find anyone to discuss about the idea of investment since my surroundings are people who dont invest at all. I have questions to ask, firstly, if after done my research and done studying investment, is it reliable to play stock market through online (eg etrade tradeking etc) or should i go to local broker? Second of all, should i even involve in stock market as i am only a student p.s I am not in any financial related course.

  3. Hello, very interesting blog you have! Do you have any tips for someone looking to start investing in unit trusts?

  4. ASB is not just for MALAY, FYI it for BUMIPUTERA that include indegenous sabah & sarawak, orang asli & malaysian Siamese (they do hold bumi status). I personally know few chinese man who own ASB because their mother was malaysian Siamese thus they got the bumi status. FYI most sabah & sarawak chinese hold bumi status because their parent mix marriage.

    1. You’re absolutely right, Malaysian guy. Have edited the section to include Bumiputera. Thanks for the anecdote, that is fascinating to find out.

  5. Hi, Thanks for the nice blog, it is informative. May i ask, with regards to your 1st point mentioning the loan for ASB, are you a Bumiputra? Is loan applicable for non-bumis?

  6. Hi Suraya,
    Need advise. I stupidly joined this MLM business called McOcean because my relative was in it and knew my “Hot Buttons”. They asked for 36k from my personal loan and said i can get it back once i find 5 people. Its been a year, i cant even find a single person because everyone is way smarter than i am. Screw it. Just how do I restart my life in investment when i have this 36k to pay?

    1. Oh crap, that sucks. What an expensive lesson.

      I know personal loans can have pretty high interest rate. It’s in your best interest to pay that off quickly, preferably without being hit with any additional charges.

      If you have anything of value that you can technically live without – collectibles, vehicle, other investments – sell that.

      Otherwise your other option involves stepping up your side income game.

      It might take a while, but you’ll get back to positive net worth. People in worse debt have successfully restarted their lives. Definitely doable. You can do this.

  7. Hi there! I’m glad I finally found someone who replies to other people’s comment personally!

    I am a student who still have few years of study, however, I have RM1500 salary every month due to my part time job. I wonder what kind of investment can I try as a beginner? I am afraid of risk tho as I earn my own expenses myself… 🙁 I can accept low risk investment, but I am more to the stable profit side. It’s okay if it will be just a little number, all I want is maybe increase a little? 🙂

    Do you have any suggestion/comments on what type of investment should I go? Note: I have zero investment knowledge, but I am willing to learn!

    Thanks in advance!

    1. Hey Drey,

      Working while studying, nice!

      For starters, look up PRS. My writeup here:

      This seems to be the best option now, for long term. Govt is giving RM1k for RM1k contribution from under 30 years old.

      If you want something a bit more short term and relatively safe, then ASB (if bumi), FD, and to a certain extent gold.

  8. Hi there. Just came across your blog — very interesting and informative! Keep up the good work.

    My question: Where should one go to invest in REITs?


  9. i love your blog.
    very informative
    keep on writing
    ‘The best time to plant a tree is 20 years ago, the next best time is now’. i’m far far away from there,,, but i love to read about investment

  10. Hi Suraya ,

    Thank you very much for such a wonderful article. I had read few other articles of yours as well which had gave me a rough idea on how and where to invest.
    Keep doing your best 🙂

  11. Hi Suraya,

    Your blog is really inspired me and for other as well. The first think I do after read your blog, is looking more information about Bitcoin & cryptocurrency. And I decided to invest in this two. Its really good in return but yet with high risk, within 2 months it give 42% margin.

    I’m really new in investment planning, my target is to have at least 1m at my retirement age. I believed on principle “don’t put all your eggs in one basket”, other than ASB, EPF, Crypto, Unit trust and insurance whereas can I invest?

    Oh ya, I heard some people are using ASB loan from certain bank and after certain period of time they cancel the loan and make some amount of money. Is that true?

    Thank you Suraya!

    1. Hi Azam,

      Re: where else to invest – I kinda compiled all I know here. Perhaps you’d also like to look at P2P lending? If you already have crypto better keep the rest of your investments safe though.

      Re: that ASB trick – I’ve heard of it, yeah. Not sure how it works in practice, but I’ve seen the blogposts. It was a while back so not sure if the ‘trick’ is still applicable now.

  12. Hi Suraya,

    great piece of work, would be fun if you can actually turn them in to videos, since youtube pays as well rite? haha.

    1. Hey Arthur,
      Right? I was thinking of videos too. Need to play around with video editing software first!

  13. Hi Suraya,

    Thank you for sharing your knowledge generously. I am a fresh graduate, with gross income nearly 3k. Been thinking to set aside a portion of salary (tentatively 30%) to buy myself a cozy mini condo when I hit 30 (it’s a dream of mine, but no harm dreaming~~).

    With that little portion of salary and 5-6 years before I hit 30, how would you advise me to invest the salary (I have no PTPTN loan, credit card loan)? Fixed deposit? Savings accounts? Unit trust? Stock?

    Looking forward to your 2 cents! Thank you!

  14. Hey, im a international student im planning to invest my money. So that i can earn money while studying. May i know where to start and how to start it.

  15. Hi suraya,

    I rarely read blogs or even write comments (even on fb i don’t lol) but I have to say it’s refreshing to be reading again! you’ve got me captivated from start till finish!

    I’m here through Mr-Stingy’s blog on investment advises for 2018 (though seems a bit late to be reading it). Love the way you tone your blog, very down to earth.

    I have 2 questions though hope you have time to help me with it.

    1. I have a fair bit of investments fails in MLM and Forex (also MLM?), about 15k down but I’m currently into Property. Have 2 properties to my name and was looking to continue down that path until i remembered “don’t have all your eggs in one basket”, so I’m looking to invest in Gold and ECF.

    Any additional advises to this before I go down the rabbit hole? Feels like gold is the safest but low return (which i’m a 8% or no talk kind of investment) and i’m not sure if ECF is a matured thing already or is still wobbly in Malaysia.

    2. Do you give any talks as I probably would like to attend yours. If not, Do you attend any or do you just read online from the other blogs that you mentioned?

    Be waiting with my hands in my lap and notebooks ready for your advice!

    1. Hi Sebastian,

      You’re sweet, thanks so much for the kind words!

      My personal take on your 2 questions:

      1) You’re right with the ‘don’t have all your eggs in one basket’ thing. And properties are tricky – unless you have great places and tenants, you’ll always have the risk of no income for months on end.

      On gold – the appreciation rate is not a sure thing, they fluctuate. You can read more at
      On ECF – I’d say the industry is just getting started in Malaysia

      Both gold and ECF are for long-term. If you go with them with that mentality, it should (but not guaranteed) be okay.

      If you want safe and short term, then FD loh

      2) I do some talks, but not always on personal finance. When I have them, I share over at my facebook page – so check out there 🙂

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