personal finance in malaysia

I've seen it said a few times in this forum that we should keep a 6 months monthly expenses buffer before even considering investing. So my question then is, where should we place the 6 months buffer? My thoughts are that: The 1st three months buffer should be in something that yields interest...

Got an offer from company X. However I doesnt like how X handled me. I attended 2 interview, final face to face and they agreed on an amount A for me. When HR asked for my current salary to proceed with offer letter, they got back to me a few days ltr stating my salary is too low to ask for...

Hi all, I've been resisting e-walleting, but now no choice, got MAE because of the e-Madani claim. I'm looking at other E-Wallets as well, but got so many, it's confusing. How many do you all have? Which is the best? Do they operate like credit cards e.g. cash backs, incentives etc? Help pleeze!

About to join this IT startup, great pay but they are planning to pay me using a company name that isn’t related to the startup that I’m employed to. Im curious whether there will be any legal or tax implications? Will be asking the employer the same question later, just want to have some...

Hi all, 1.Should I bother with starting a Sole Prop if my freelance/side-gig income is under RM1k per month? What if income is between RM1k and RM3K? 2.Apart from the monthly renewal fee, are there any disadvantages to having a Sole Prop? My understanding is that there are few to no...

Referring to GXBank official website. They will be offering 5% daily interest rate from 10 April to 9 May 2024 via the Saving Pockets function. Big wake up call for conventional banks.

I'm getting a 7 figure payment next month. I wanted to put it all into USD ETFs as per the Bogleheads philosophy. However, the exchange rate is so bad. So my options are: Stick to plan. Convert lumpsum to USD; or Build a 12-mth FD ladder. Convert to USD upon maturity. In a way, this would...

Hi everyone, I just got my IBKR account verified recently, and I wanted to purchase RM1500 (approximately 3 shares) worth of VWRA ETF. I'm planning to purchase it using tiered pricing as everyone suggests using it while purchasing a small volume of shares. After skimming through the tiered...

Still new in managing my money. Just wondering where should i put my money instead of debit card. Looking for put in somewhere more liquidity, easier to take out the money. Because debit card is easier to lose money than credit card. But, where should i put other than debit card? I'm...

I hope you guys ok with me posting a survey as it related to investment and thoughts on U.S indexes market. It only take about 3-4 minutes only and answer list also provided. I am conducting a survey as part of my research project on "Algorithmic Trading on U.S. Indexes Investment" and would...

Idk if this is the right sub for this but it could be usefull for someone who is considering Subsale Property. Can I get a rough estimate as to how much upfront payment you guys provided just to purchase the unit? I went online to figure out the calculations but I'm not exactly sure if I...

Context : I (30, single, M) received an offer to transfer to HQ (KL) with a 50% base increment (from 4k to 6k). To put it simply, I do sales. I will be doing the same role there as I am now in the same company, just relocate to Kuala Lumpur to hunt and farm the companies there. However, I...

Recently I inherited 20k cash from my late grandmother. I've already spent about 5k on refurbishing the car she left for me. I'm left with 15k, I've set 5k aside for emergencies, which I have put in TNG eWallet as it has daily interest payouts (RM0.44 to 0.47 per day), and I want to invest the...

Hi , been seeing prices of gold going up , seeing RM is going down . Everywhere info is being bombarded. I'm lost🥲 Is it advisable to buy physical gold coin/bar 916 that are being sold in jewellery shops nowadays or advisable to buy e-gold bar by banks like Maybank or advised to just invest in...

Weirdly enough I can't seems to find any Q&A about this topic in Malaysia , please lend me your wisdom. Planning to apply for Maybank 2 gold cards, and remembered my family montly spending could transfer to my card and maybe get some points. Is it legal to give one of the card to them to use in...

Last I checked, the dividend yield of VOO is around 1.3%. Meaning you’ll get approximately 130 as dividend annually if you invested 10,000 (just an example). However, if that 130 is taxed 30% in the US before coming back to our brokerage account, does that mean our actual dividend yield is...

29F & I’ve never gotten a bonus before because I haven’t been able to hold down jobs previously due to mental health struggles, & then I was with non-profits & startups that didn’t give out bonuses. I’m wondering if I should throw it all into my emergency fund (which right now doesn’t hit the 3...

For people that are moving into a new home and want to make some high value purchases i.e. Refrigerator, washing machine, water dispenser, couch, mattress, furniture. If you already have the full amount within your means but sellers may offer a mode of purchase by way of installments with 0%...

hi there, im a nonbumi 18 yo student and a beginner to investment. im thinking of dca rm100-200 monthly into s&p 500 or similar us etfs. after my research, i have two available choices in mind which is wahed hlal and stashaway ivv but im concerned about the fees. wahed 97.5% hlal (0.79% annual...

Seeing all high income personal postings here makes me wonder.l View Poll