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@tanner1991 It really depends on where you are in life, what your risk appetite is, how much debt you currently have, whether you want to be a homeowner, expected spending in the future etc etc. Personally, for long term holdings, ETF's for exposure to US equities and high value/blue chip...

@nativepride A non-ILP. Just get a pure insurance product (might be hard to find these days) if you want insurance. Getting any ILP is basically giving the insurance agent a huge slice of commission. If you already have an ILP which you have been paying for years, you can stop your payment and...

@tonyangiano https://versa.com.my/versa-cash-3-2-net-return-rate-promotion/ 0 sales fee, 0 redemption fee. 0.3% management fee,0.05% trustee fee. "The promotional net return rate of 4.3% p.a. is after fees. This means that the net return rate of 4.3% p.a. has already deducted the Management...

@tonyangiano well, historically the S&P500 has been giving around 10%~ returns yearly on average. https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp Combine that with the ever worsening rates of USD/MYR year after year, it might generate a tidy sum if you're...

@orthodoxokie It really depends on how you see things, yes you're willing to lose 10k, but are you going to pull out of the market if your holdings drop in value by 50% over the course of a year without any changes in its fundamentals (very common in crypto, common in stocks) ? Can you handle...

@orthodoxokie Get to know your risk profile, how much you're willing to lose before you lose sleep, how long your money is going to be invested for. Know how much money you're spending every month, and make sure your emergency fund has enough money to cover any unforeseen spending. Blindly...

@_ari Well, the FOMC meeting next week is and analysts expect US interest rates to be increased by another 50-75 basis points. If BNM does not follow suit, expect USD to appreciate even more against the MYR. Seeing that USD is the world's reserve currency, i do not expect the MYR to appreciate...