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7 BEST Articles to Read Before You Jump into Stocks Investing in Malaysia

In case you didn’t know, Bursa Malaysia is having a moment right now. It kept smashing records.

As of the time of writing, it broke the trading record high of 27.8 billion shares in volume worth RM7.8bil on 11 Aug 2020, AFTER breaking the trading record high of 26.65 billion shares worth RM9.05bil on 7 August 2020, AFTER breaking the trading record high of 15.62 billion shares worth RM10.45bil on 4 August 2020 (and it broke records the day before that, too).

And investors went crazy. Like moths to a flame, the (price) action attracted a lot of attention. This phenomenon isn’t unique to stocks; the same thing happens to other commodities, too – you’ve seen the long lines at gold jewellery stores when gold price broke RM300/gram.

(P/s – Never think you’re immune to FOMO, best to stay humble. Having an ego and thinking you’re more rational than the crowd could will be your downfall.)

So… you want to start exploring stock investing in Malaysia, but don’t know where to start. Here are 7 articles, to read *in order* that will help you in your stocks investing journey.

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Wedding Planning During Covid-19: How Plans & Budgets Changed

“Wow, so lucky you do wedding planning during Covid-19. Can save cost!”

Generally speaking, that’s true. Not denying the cost-saving aspect of it. My wedding, scheduled in Nov 2020, will be significantly downsized.

Additionally, I have extra money to re-allocate towards the wedding as my tunang event, which was scheduled during MCO, got cancelled.

I don’t know how much everything will cost yet, but I doubt it will reach RM50-70k originally planned.

If I’m honest, I am… 80% happy and 20% sad about all this. Happy because, yeah the cost will be lower than projected. But I can’t ignore the 20%, which comes from OH I DON’T KNOW PEOPLE DYING AND BREADWINNERS LOSING JOBS AND INCOME AND STUFF. And also, seeing deals I can’t take advantage of.

So I thought I’d write a post about it, to both organise my thoughts and also find people in the same boat (in my experience, writing about it attracts people in the same predicament). I’d like to share how it was like to plan a wedding when you have Covid-19 rudely interrupting the process.

Note: This is written from the woman’s perspective. I’m not responsible for a few expenses, like rings and mas kahwin and stuff. You can check out BalkoniHijau’s wedding survey for the guys’ perspective.

Planning Stage

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Budget Update: July 2020

Budget Update: July 2020

Being an adult is accepting, and preparing for at least one major expense per month.

You can’t escape it. If it’s not paying taxes (my biggest expense in July 2020), it’ll be something else – home maintenance, car repair, replacing broken appliances, buying ‘smart’ upgrades (like a nice mattress so you’ll get a good night sleep, or noise-cancelling headphones to work better), medical treatment, whatever.

Once in a blue moon, you’ll get through a month without incurring a major expense, but later you’ll find that some months will incur multiple major expenses, so it averages out.

I’ve read somewhere that the only way to break this cycle is when:

  • you’ve successfully upgraded all your essentials to high-quality versions, so they break less and therefore need replacing less often
  • you put the payment on an instalment plan. You’re still paying, just not in one BIG chunk. Obviously this is cheating because you still end up paying the same amount
  • you can afford to pay for longer terms instead of shorter (ie paying for 5 years of driving licence instead of renewing annually). But yeah this is still delaying, not eliminating

I wonder if there are other ways to stop the major ‘Misc Needs’ or ’emergency’ expenses. How can one even FI/RE if we have to deal with this wildcard, forever? If ‘just budget it in’ the best answer?

Thoughts on this topic?

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Breakdown of My (SUPER HIGH RISK) Investment Portfolio

Obligatory disclaimer: This article is for SHARING purposes only! NOTHING in here is a recommendation, so don’t say ‘Oh Suraya say must do like that’ HELLO I NEVER SAY THAT, LATER I BABAB ONLY YOU KNOW

When Mr Stingy posted his How I Invest My Own Money article, where he gave the complete breakdown of his investment portfolio, I knew I wanted to write out my own version as well.

Investment portfolios are like a reflection of our personalities. It exposes our risk appetite and maybe some traits as well (see: (Stereo)types of Malaysian Investors: Who You Are Based on What You Invest In).

In this case, I realised that while some of our investments do overlap with each other, the percentage breakdown is completely different.

So, I’ll be sharing the breakdown of my investment portfolio. Like Aaron, I also don’t feel like disclosing the total amount, just the percentage of each investment type.

Everything is accurate as of time of writing (July 2020). Let’s hope that the eventual market downturn will be kind to us *laughs nervously*.

Breakdown of My Investment Portfolio, %, & Risk Level

Here are all my investments, sorted by highest to lowest, as calculated and screenshot-ed from Excel sheet:

investment portfolio

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Link Roundup #54: 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. How to Grow Your Money Made Really Easy for Enterprising Artists  Eksentrika

I love the intersection between personal finance and the arts in this article!

It covered a few sections:

  • The 4 (financial) types of artists (fun read!)
  • 5 personal finance terms
  • 8 steps to become financially stable, and
  • Types of investments

Recommended read, for both creatives and non-creatives 🙂

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3 Reasons to Attend Cakna Kewangan Summit 2020

Ringgit Oh Ringgit is pleased to be one of the official media partners for Cakna Kewangan Summit 2020, the Malay-language personal finance event which will run for 3 days, from 13-15 June 2020.

Some sponsors/partners you might be familiar with include PTPTN, Bursa Malaysia, UOB KayHan, INSKEN (Institut Keusahawanan Negara), MFPC (Malaysia Financial Planning Association) and (for some reason) Kelantan state government.

cakna kewangan summit 2020

Let me give you two good reasons to attend Cakna Kewangan Summit 2020.

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Investment Tip | 10 Places to Automate Your Investments in Malaysia

I’ve decided. Now, anytime anyone new to investing asks me about which investments to get, I’m going to say ‘get the set-and-forget’ ones. Take this investment tip: Unless you have a natural passion (or desire to learn about) stocks and properties and other research-heavy investments, go for the investments you can automate.

Why? Because the challenge is not about picking an investment. There are a lot of good options. The challenge is adding more money to it on a regular basis, usually monthly, over the long term.

Without automated investments, most people will start an investment… then ‘forget’ to contribute to their investment portfolio on a regular basis. And by not adding, the money will never grow as fast as you want. 

I know because I’m talking about myself. Despite being an investor for over 10 years now, transferring money out of my banking account to my investment account still hurts each and every time. Therefore, it’s a good idea to feel the pain once (as you set up the recurring deductions), rather than feeling the pain many times over many years.

In this article, I’ve listed out all the investments that you can automate in Malaysia, that I know of. If there are more, let me know in the comments section.

#1 – Mutual Funds/Unit Trust/ETFs

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[VIDEO](Stereo)types of Malaysian Investors: Who You Are Based on What You Invest In

What are the stereotypes of a property investor? A stock investor? Gold? Crypto? Join me as I list out the stereotypes and impressions I have about different types of Malaysian investors.

This video is inspired by an article I wrote a few years back: 12 Types of Investment Available in Malaysia and The People Who Have Them

(If you want more bitchiness, you’ll LOVE this one: Roasting Different Types of Investments in Malaysia (Everything That Sucks About Them)

Do you agree with the way I stereotyped Malaysian investors? Disagree? Tell me in the comments section!

Also please follow the RinggitOhRinggit Youtube channel. I’m currently exploring YouTube as an additional income stream. So help me out by watching and subscribing, I’m trying to hit 1000 subs and 4000 watch hours so I can write about the monetisation process 🙂

 

 

Budget Update: April 2020

Budget Update: April 2020

Another month where only 4 categories showed up in my expense-tracking app:

  • Business (RM4,877.69) – mostly paid the balance of book order, and packaging for deliveries
  • Utilities & Rent (RM1,352.47) – ze living quarters
  • Misc Needs (RM565.22) – restocked cat food and cat litter, bought office chair, new stand fan and kettle (more on that under Nay section below)
  • Everything else

Let’s talk about something. Donations. This has been on my mind, and I just want to let it off my chest.

As you know, a lot of people are having financial hardship. A lot of people are seeking help.

I think… I’ve become increasingly desensitised to the many, many donation calls which appeared in my social media timeline. Nowadays I simply scroll past most of them, opting to take the ‘don’t see, don’t know’ approach.

As time goes on, I know that I will only give my attention and money to the donation calls that are especially gut-wrenching. The ones with emotional pictures and copywriting. They work, you and I know they do, think of the last donation you made. And as NGOs understand how well they work, they’ll use that strategy more and more.

The higher volume means I’ll get desensitised to those soon enough, too.

Feeling guilty for not doing more when I have the means to do so is a constant feature of my life now. I’m aware how much this sounds like virtue-signalling – I’m pissed off at myself too because boohoo kesian Suraya wow she feels horrible, wtf Suraya this ISN’T about you, how DARE you think YOU have it rough when millions, maybe BILLIONS of people will starve. In 2020.

I don’t know, you guys. Does avoidance as a coping mechanism make me a bad person? Is choosing to prioritise my FI/RE journey a bad thing? I hate that I hate wealth inequality, yet choosing to do the exact same wealth preservation strategy the rich are making, by ‘staying invested’.

Bleak thought process? Well it’s a bleak world. I’ll try and focus on the good, but I can’t lalala my way out of this. The journey to understand my own psyche continues. I hope eventually I’ll come to a better way to cope and/or manage resources. This is part of personal finance too.

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Link Roundup #48: 10 Things to Know This Week (COVID-19 Edition)

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. 10 Practical Tips to Help Avoid Coronavirus When You Leave The House CNET.com

Definitely worth a read. We may be staying home most of the time, but not all the time. One tip in particular was especially practical: when outside, as much as possible use knees, feet, elbows and knuckles instead of fingertips.

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