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investment

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 🙂

 

 

[SPONSORED] The Beginners Guide to Warrants in Malaysia

On 27 April 2019, I attended my first warrants-specific talk.

The event was called Demystifying Structured Warrants, which is apt tbh. I’m a complete beginner in this financial instrument. I know almost nothing about it. 

This was my second engagement with the Kenanga Investment Bank, after writing about the Market Outlook Symposium 2019: Smart Investing or Dare Betting? investment event back in January 2019.

I’m happy to report I liked two out of two Kenanga-organised events so far. Good content. No fluff, just lots of good info. Then they gave free food some more.

Like the first article, this is a sponsored post, but all opinions are mine. It’s great that I can share what I learned about warrants from the event, as someone completely new to the world.

#1 – What is warrants?

This is the textbook definition:

warrants in malaysia

Does that make sense to you? I kinda sorta understand… ish. It’s a very theoretical financial instrument. I feel like I’m learning quantum physics.

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All the Financial Tools I Use for My Own Money Management (Malaysia-Specific)

The other day I was listing out all the financial tools that I personally use for money management in my notebook, and the list got kinda long.

That got me thinking – all of you must have your own money management system, right? Even if it’s in your head, even if it’s messy. You know, more or less, that the money in account X is for daily use and the money in account Y is earmarked for, say, retirement.

I did that list because (1) it’s good to know exactly what I have and what I use it for and (2) I don’t want to accidentally forgot about an account, which happens more often than you’d think (that’s why there’s over RM5.77 billion in unclaimed money???).

So here you go – an article compiling all the financial tools I use for my own money management. Please don’t @ me if any of them sucks for you – they’re just the best option for my situation right now – I’m not loyal to any of them and happy to switch to better solutions as and when it suits me. Also please don’t take anything here as investment advice.

The financial tools are arranged in this order:

  • Bank account
  • Credit cards
  • Debit cards
  • Pre-loaded/Loyalty cards
  • E-wallets
  • International money transfers/payments
  • Investment
  • Retirement
  • Insurance
  • Estate-planning
  • Accounting
  • Budgeting app
  • Other accounts with money inside it
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[SPONSORED] I Asked Hard Questions to the CEO of Funding Societies Malaysia

What does Mr-Stingy, Dividend Magic, KC Lau, Blackbelt Millionaire and myself have in common? Aside from the fact that we all maintain websites with personal finance content, that is.

All of us do P2P financing as one of our investments. We lend money to companies.

In particular, and most strikingly, all of us chose Funding Societies Malaysia as the P2P financing platform of choice (note: referral code. You get RM30, I get RM30).

My experience with Funding Societies Malaysia so far

(scroll down if you just want to read the interview with Kah Meng)

When Funding Societies Malaysia contacted me for a collaboration opportunity, I was excited. I was already an existing user, with RM10,000 in my account.

funding societies malaysia
My dashboard
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[SPONSORED] 4 Things I Learned from Kenanga’s Investment Event

On 12 January 2019, I attended an investment event organised by multi-award winning Kenanga Group. The name intrigued me right from the start – you don’t come across something like Market Outlook Symposium 2019: Smart Investing or Dare Betting? every day. Held from 9am-2.30pm, the event packed in five speakers (and a lunch break). You can check the agenda of the day and speakers’ profiles here.

I had fun live-tweeting the whole event. Click on the Twitter thread below to read 50+ tweets giving play-by-play account of each speaker’s presentation. Among others, you’ll find stock picks by Kenanga Investment Bank’s Head of Research, a warrants trading tool (that may help you get double-digit ROIs), what to do with your money during bear markets and more.

Here are some things I learned from the event. Some commentaries are not specific to the event itself, but an overview of the general investment events scene in Malaysia. This article is sponsored by Kenanga, but all opinions are mine.

#1 – The Kenanga-organised event… exceeded expectations

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3 Investments Where I Lost All of My Money

Want to know a secret? Everyone makes mistakes during our investment journey. Sometimes we pay too much in fees because we didn’t know better, sometimes we try to time the market and it didn’t work, and sometimes we trust the wrong people and get sucked into some shady Ponzi scheme.

I made plenty of mistakes myself, like the many, many times I tried to time the market but it went on the opposite direction (WHEN WILL I LEARN?!?). But this article is NOT about those kinds of mistakes. I don’t mean losing money when the market is not in your favour. Fluctuations in price and value is normal and even expected for some types of investments, like properties, gold/precious metals, things like that.

This article is about the times where I lost ALL of the money in the investment. Here they are, compiled in one post. 

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9 Things in My Financial To-Do List (That I Keep Putting Off..)

For the most part, I think I’m doing this financial thing right. I think.

And then I look at my financial to-do list, and go like, uuuggghhh Suraya why you so lazy one to get these done??

You probably have a running financial to-do list too. It may be written down somewhere, or it may be casually stored in your head. I thought it might be fun to share how mine looks like. So every time I open my own website I’ll keep being reminded of it. Hopefully that’ll pressure me to finally take action :p

Here are 9 things in my financial to-do list that I keep putting off..

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3 Investments I Want To Try (But Haven’t)

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.

#1 – ETFs (Exchange-Traded Funds)

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