Tag

property

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 #27: 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. 9 things no one tells you when you’re starting a business – The Ladders

It’s a bit oversimplified, but serves as a nice checklist of things you probably don’t know when you’re starting a business, especially if you’re jumping from salaried life to self-employment life.

The 9 things are:

  1. Begin with revenue. Your ideas are great, but how will it bring in the money?
  2. Protect your IP. Things get stolen all the time.
  3. Market yourself. Not just your products and services.
  4. Know your ‘why’. The reason for it all.
  5. Understand yourself so you can make great hires. Hire people who are good at what you’re not good at. Take the DISC personality test.
  6.  You are NOT the boss. The customers are the boss (but that doesn’t mean you can’t fire them.)
  7. Build a structure and find balance. Find a routine that works and won’t burn you out.
  8. Build a tax savings account and emergency savings. Practical
  9. Embrace change and challenges. You’ll be putting your problem-solving skills to the test.

Any of you want to add on to this list? Add them in the comments section.

Related: 11 things I learned about self-employment in Malaysia

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Link Roundup #20: 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. 7 Ways To Deal With Burnout, According To Science – Bustle 

“There are.. three main elements to burnout: “exhaustion, cynicism (less identification with the job), and feelings of reduced professional ability.”

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How My Dream Home in Malaysia Would Look Like

I’d like to introduce to you one of my favourite books in the world, New Aging: Live smarter now to live better forever by Matthias Hollwich with Bruce Mau Design. Found it at the Big Bad Wolf Booksale some years back for RM12. One of the best purchases I ever made.

dream home in malaysia

New Aging is a guidebook to optimising how we live, how to design our lifestyle so that we encourage lifelong happiness, productivity and self-development. I used to fear the ageing process (as we all), but this book helped me reframe that thinking, and even develop a positive attitude towards it.

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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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[Personal] Figuring Out My Next Life Goal

life goal

“If you fail to plan, you plan to fail,” they say. I agree, and that’s why I feel a bit lost right now. I can’t decide on my next life goal.

This post compiles a series of potential life goals that I’m considering, and what I’m doing about them. Please indulge this blogger’s ranty, word-vomit post. It’s cathartic.

Life Goal That I Achieved

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

reirs in malaysia

On 15 April 2017, I attended a full-day REITs Analysis Workshop, part of the Bursa Investor Education Workshop Series where they talk about different investment vehicles and investment strategies. REITs stands for Real Estate Investment Trust. For other Bursa Malaysia-organised events, see here.

It was presented by speaker Chua I-Min from ShareInvestCoach.com, a Singaporean financial planner specialising in fundamental analysis (I’ll explain this term too). I think the speaker did a great job in breaking down all the jargon into digestible information.

All-in-all, I learned loads. Here are 5 things I learned about REITs in Malaysia, because sharing is caring.

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2 Office Properties for Sale/Rent (Kelana Jaya &  Damansara)

My Dad has a couple of properties for sale, so I thought I’d list them here 🙂

Please help me to share them around – we could really use the exposure as we’re doing this without agents! All information is in the pictures. The prices are open for negotiation. Thanks!

Kelana Center Point Office

View post on imgur.com

If can’t view, click here for image: http://imgur.com/nPwTWOC

Details:

– Buy: 1539sf @ RM350 = RM538, 650

– Rent: RM2500 

– Freehold & non-Bumi lot

– Fully-furnished with CEO Room

– Close to Highway 

– New LRT in construction 

– Lots of parking 

– 700m to Paradigm Mall 

– Near banks, eateries & facilities 

– Wheelchair-accessible 

Phileo Damansara Office

View post on imgur.com

If can’t view, click here for image: http://imgur.com/3pVvMNe

Details:

– Buy: 1883sf @ RM450 = RM847, 350

– Rent: RM3700

– Freehold &  Non-Bumi lot

– Fully-furnished 

– End lot

– Close to Highway

– New MRT in construction 

– Plenty of parking space

– Private elevator

– Near banks,  eateries  &  facilities

 – Exclusive area

Those are the two properties we’d like to let go to willing buyer/renter.  If interested, please contact us to arrange viewing 🙂 

How I rent a master bedroom in Kuala Lumpur for RM150 a month (not including bills)

This is where I currently live in KL.

bis a858c16f075b4f158d261aaf5fe1aa95

(image credit: iproperty.com)

Bistari Condominium. It’s a really nice place. I can truthfully say that I can’t afford to buy this place and I feel that I’m living above my means. It’s absolutely prime location: next to LRT station, walking distance to monorail and KTM. Walking distance to PWTC, Sunway Putra Mall and medical centres. Condominium facilities includes: Swimming Pool, Sauna, Foot Reflexology, Tennis Court, Mini Gym, 24-hour Security, and tennis court. House facilities includes: fully furnished with dining table, sofa etc, full kitchen, washing machine, and AC.

And yes, I pay only RM150 per month for the master bedroom, with attached toilet. Yes, that is considered a super cheap rent in KL.

How did I do it?

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