personal finance in malaysia

All these while, I've been filing my income tax by myself. As been told by my old parents, they told me that my gross income is the figure u get from ur salary. Eg 5k x 12 = 60k then i will put 60k into gross income column in lhdn when i file them. however, lately, after watching Ziet vid...

Disclaimer: Throwaway account, don’t wanna out my other userid. For anonymity purposes the company names are skewed or omitted, but you might guess from there. Hi /r/MalaysianPF I currently have two job offers, one from a Singaporean FMCG/Logistics (satellite office in Klang Valley) startup...

EDIT: Wrong link https://www.maybank2u.com.my/maybank2u/malaysia/en/personal/promotions/account_and_banking/efd-flash-deal.page Any thoughts on https://www.maybank2u.com.my/maybank2u/malaysia/en/personal/accounts/fixed_deposits/eislamic_fixed_deposit.page?

On the 1st of November, Touch 'n Go launched a campaign under the GO+ investment features, which provide an additional 4% p.a. bonus rate on top of the daily return rate (1.47% p.a). The campaign only lasts for 3 months, which starts from 1 November 2021 until 31 January 2022. It is also stated...

Salam and greetings to sifus, second time posting here on this sub. Been an avid reader all this while. I am 30(M, Bumi) married with a kid in KL (Moved recently). I am Netting around 7K Monthly (Approximately -10% from my previous job, with 20-30% higher cost of living; basically living...

Hey guys Wish u all well, I m 31(m) been an engineer about 8yrs and particularly have been working with PLCs almost 6yrs, did some development project for customized manufacturing machine... i can say i m well versed with Siemens Tia portal beckhoff's twincat and AB's Studio5000 with their...

I’m 25 yo, just graduated dental school and currently awaiting for compulsory government posting in abt 3 months (read:unemployed and doing part time jobs) My parents contributed a lot and here’s my current situation TH: 25k KWSP: 15K ASB: 12K Savings: 9k Luno: rm800 current income: 1.5k/month...

Hi all! I was working remotely for a US company in Malaysia until July 2023 when my whole team got retrenched. My goal is to move to Singapore to built a living & be closer to my partner, who is also working in Singapore. I was working as a Software Developer (self-taught except for a few...

A bit of myself. I am M24 living in JB. I recently graduated EE engineering programme with SCH 3.24/4.0 from upm. I said recently but it was actually, finished study in July 23’ and graduation on Nov 23’. Prior this, I was actually thinking to go into microelectronics industry since I studied...

As most of the people knows that EPF’s 9 months YoY earning rose 7.7% in 2021. Also, EPF has also been able to give us a somewhat consistent dividend return of around 6% over the span of 10 years. However, I’m also aware that EPF did states that their guaranteed dividend return is ~2.5%. With...

Most economic students would learn about Interest Rate Parity theory, so I decided that it was worthwhile to analyse how the SGD : MYR Exchange rates vs SGD : MYR Interest Rates behave Source Date : SGD:MYR Exchange rates ...

Edit: i have told my boss about my situation and the company assume i will continue. Hence, i have to write resign letter for 1 month notice. I am afraid if i send the resign letter, i have to pay the remaining 1 month. Edit 2: renewal Edit 3: i have been received contract renewal but didnt...

Hi, folks. I have not been able to find anyone in the respective banking sector in Malaysia to talk to. Hence, I've come here for some help. I am currently residing outside of Malaysia. I have a dream to move back to Kuala Lumpur at some point in the near future. My family and friends are all...

Hello, first time house buyer here. Need advise on whether i should buy this apartment. I plan to get an apartment around Kajang area about RM400k+- for 1000sq with 3bedroom. Im interested in the area because its next to the MRT/KTM station and also a Government school. Currently im working in...

"Between 12 May 2024, and 31 August 2024, members will have a one-time option to transfer part of their Akaun Sejahtera savings balance to Akaun Fleksibel as an initial amount, and this action cannot be cancelled once completed." How many of you will do nothing at all once the EPF Account 3...

hi, would like to check if buying property using a company can be used as an expense? in the simplest terms, if i forecast my net profit of 200k for FY23 (prior to purchasing the property) and I then bought a property for 200k in FY23, will my PnL / balance sheet be 0 hence i pay 0 tax in 2024...

Got several DMs on previous thread so I am just going to put out the numbers here. Stashaway benchmarks itself against MSCI World Index. So we pick any ETFs that track the index such as URTH for comparison. Might as well throw SPY into the mix. Stashaway 5 year annualized return: 7.14%...

was just thinking, is EPF the best low risk investment for people above 60 y/o? They’re at the age where they can withdraw money without any restrictions. EPF has a decent return averagely around 5% for the past 10 years. This is much more favourable than FD as well. Thoughts? Any other low risk...

Hi all, I have RM20k which I am keen to invest in Unit Trusts on the M2U platform from any of their available fund houses. I am only 26 so not too risk averse but would prefer investing in one of these managed funds instead of building my own portfolio of stocks. Currently have my eye on the TA...

Why is Luno BTC price always higher compared to BTC in Binance? Does Luno update prices more slowly compared to Binance? Is Luno not real time?