The best and most practical investment in Malaysia IS AN INVESTMENT IN YOURSELF. Invest in your EDUCATION! LEARN! BUY BOOKS AND COURSES.
Lol no jk jk I’m not that annoying (usually). I mean, that advice is true. But still annoying.
As of time of writing (October 2020), these are the 3 most practical investments in Malaysia: EPF/KWSP, PRS and SSPN/SSPN-i.
Why these 3? Because you can get income tax relief up to RM15,000 annually, combined. Regardless whether the investment performs well or not – and this is outside your control anyway, depends on the economy and all – you will still ‘gain’ via reduced tax payment and other practical benefits uniquely offered from each of them.
Let’s go into details.