Malaysia bank saving account normally pay 0.5%.
Unless you have Alliance Save Plus account which pay 3.5% (150 k above)
20,001 – 150,000 1.8% p.a. Yes
Above 150,000 3.5% p.a.
link: https://www.alliancebank.com.my/banking/personal/current-accounts/alliance-saveplus-account.aspx
2. Certificate of Deposits (CDs)
It is similar to Malaysia FD. We can get 3.9% for 6 months (Hong leong e-Fd promotion)
https://www.hlb.com.my/en/personal-banking/promotions/ct-efd-i-promo.html
3. Bond
We can buy bond now through fundsupermart.
Link: https://secure.fundsupermart.com/fsm/bonds
4. Dividend Paying Stocks
Example: Genting Malaysia
5. Single Family Rental Properties
I have two rented properties. Now one is empty. The other one rent below market rate.
6. Multi-Family Rental Properties
You buy more than one in a single place, mana ada duit.
7. Short-Term Rentals
Air bnb in Malaysia
8. Real Estate Investment Trusts (REITs)
Example: IGBREIT
You can buy from KLCI.
9. Crowdfunded Real Estate
Not popular in Malaysia.
The recent one is EdgeProperties.
link: https://www.edgeprop.my/content/1597790/rent-own-financing-scheme-be-introduced
10. Peer-to-Peer Lending
Funding Societies
https://fundingsocieties.com.my/
11. Franchises
Very expensive franchises fees in Malaysia. The recent Boba tea saga, a lot of dispute between franchisee vs franchise, tealive vs chattime
12. Low-Maintenance Businesses
Popular in Malaysia:
: Laundromats (DOBI)
13. Websites
My blog loh, but make nothing, block by Adsense.
14. Your Own Product
This one very difficult for me, you need to have creativity and knowledge.
15. Car-sharing
Difficult in Malaysia since we have GRAB.
16. RV-sharing
Difficult in Malaysia since we have GRAB.
17. Farmland
Difficult in Malaysia since we have too many land.
18. Timberland
Difficult in Malaysia since we have too many rule and regulations.
19. Mineral Rights
Difficult in Malaysia since we have too many rule and regulations.