1. Consider Giving Peer-to-Peer Lending a Chance
- In Malaysia, there are about 6 regulated by SC Malaysia.
- I have invested in Funding Societies. Link: https://fundingsocieties.com.my/
- I started in Sept 2018, my return as follows:
- About 12% return, not bad hor
- I set the autobot, each time from RM 200 -400, key words is DIVERSIFIED.
- If you interested, please use my referral link. you earn RM 50, me too.
2. Invest by Purchasing Real Estate
- Do we have peerstreet (crowd funding real estate) in Malaysia?
- https://www.peerstreet.com/ - projected 6 to 9%
- I think the most similar is REIT in Malaysia.
3. High-Interest Savings Accounts Are Safe and Worth Considering
- We do have a few.
- OCBC and AllianceBank Save Plus.
- For OCBC:
-OCBC 360 account: https://www.ocbc.com.my/personal-banking/accounts/360/
- OCBC Booster account: https://www.ocbc.com.my/personal-banking/Accounts/booster/index.html
- Alliance Bank Save Plus account: https://www.alliancebank.com.my/banking/personal/current-accounts/alliance-saveplus-account.aspx
4. Buy Long-Term Stocks for the Future
- very difficult for Malaysia, maybe 1 or 2 years, look at GenM. If you buy long term, maybe 5 years duration, you will be lossing money.
5. Put Your Money in an Annuity
- not famous in Malaysia, the similar structure is PRS
6. Try Your Hand at Day Trading
- maybe FKLI or CPO can, stock KLSE a bit difficult.
7. Give Municipal Bonds a Chance
- Ali blog did a good review on this
- http://aliinvest.blogspot.com/2014/09/unit-trust-bond-fund.html
- http://aliinvest.blogspot.com/2014/09/unit-trust-bond-fund.html
8. Think About Investing in Precious Metals
- Hello Gold link: https://www.hellogold.com/
9. Keep Your Money Safe in a CD
- in Malaysia, it is FD, the highest now is still BANK RAKYAT.
https://www.bbazaar.my/fixed-deposit/fd-promotion.html
10. Look into Money Market Funds
- not familiar whether malaysia have, the nearest is Fundsupermart