Here are some types of investments that I have: mutual funds/unit trust, gold and crypto.
This article is all about investments I don’t have yet, but always been curious to try. I may or may not proceed with one or any of them in the future. It’s just to show you what I’ve done about them so far, and why I didn’t proceed with them yet.
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. ‘Quit your job and travel the world!’: A travel blogger confesses the grim financial reality behind the Instagram dream – Business Insider
Hands up if you follow Instagram influencers and bloggers who travel all the time. One day they’re in Paris, the next they’re in Greece, eating olives or whatever. So jelly, no?
Yeah, that lifestyle does look great. But what they don’t share as often is the cost and stress of maintaining that lifestyle. If you have a steady remote-working job, great, but you’ll spend lots of time in your room – you still need to finish your work. If you have irregular income, you’re going to stress about money and won’t be able to fully enjoy your travel.
I still think the best way to travel is to save up enough money for it beforehand. And have multiple passive income streams so working becomes a choice rather than a necessity.
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.
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).
Here are some of the things you always hear about investing: it’s important, you should do it early, and you shouldn’t put all your money in just one basket (one type of investment vehicle).
I’m not going to focus on that here. This article is all about what people don’t tell you about investing in Malaysia. Or not enough, anyway.
December 2015. That’s when I got my first bitcoin.
It’s now December 2017. It’s been two years since then. A LOT has happened, mostly positive.
This is a review my two years so far in bitcoin investment.
The other day, someone wrote to me. She asked, ‘Suraya, can you do a post about getting over one’s nerves when investing for the first time?‘
When I first started investing, one of my first investments was gold. I was in my early 20s, it was the early 2010s, and I bought 20 grams. I’ve since sold some of them, but still keep a small amount.
Hacking. Ransomware. Phishing. It’s a scary time for all of us, especially now that most of our money is digital. ‘Digital’ here refers to money and assets that are reflected in your various banking and investment platforms when you log in.
Digital security is not something you can ignore anymore, dear readers. Imagine logging in one day and finding that your account balance is zero, depleted, transferred out. You’ll stare at the screen in disbelief. You’ll check if the account is indeed yours, and try to remember if you made any transactions that you forgot about (you didn’t). Then, as the panic seeps in, you’ll contact the platform’s support team, only to be told that there is nothing they can do.
To the best of my ability, I’m compiling a checklist of things you should do to make sure your digital money is adequately protected. This article is not complete, digital-based scams evolve all the time, so please help me to update this article if you have anything else to add.
Investment is such a loaded word. It covers a wide area, I guess similar to the word ‘science’. If you’re not from that world, reading content about it is likely to make you confused at some point or another. You need A to understand B to understand C to understand D. This is why beginners find investing intimidating in the beginning.
What I’m going to attempt in this article is to kind of explain those investment terms using analogies, examples, and memes. I’m covering: Technical analysis, fundamental analysis, hedge, arbitrage, ROI, equity, options, futures, IPO, ICO, bull and bear market, and pump-and-dump.
Disclaimer: not a financial expert. If any of my personal understanding below is wrong, please comment and I’ll edit.
I really like these fintech products, and not even sponsored to say this!
Fintech = finance + technology. You probably use some of them (like bank apps). What I’m about to do here is to give my own take of how these fintech products in Malaysia are personally helpful for me. I’ve divided them into: products that save money, products that help with money management, and investment-related products.
