These are some investments you can make from as low as RM1,000:
1. Amanah Saham Nasional Berhad (ASNB)
Image source: ASNB
There’s no denying that ASNB is the most popular type of investment among Malaysians. ASNB manages 16 unit trust funds, with 6 fixed price funds and 10 variable price funds.
It caters to the tastes of every Malaysian, with a value of more than RM264 billion units in circulation and 14.5 million accounts. Whether you’re as young as your didi and as ‘seasoned’ as your abah, you can start an ASNB investment.
For bumiputeras, the most famous investment is Amanah Saham Bumiputera (ASB) with a fixed rate of RM1 and you will get dividends every year. Paling syok, you can withdraw ASNB money online!
2. Unit Amanah (Unit Trust)
Image source: Public Mutual
Next, we have unit trusts, which are more or less the same as ASB. It is just that there are options; some have high risk with high returns, some are medium risk and some are a lot less risky.
But, don’t get it twisted! Unit trust investment is not a short-term investment. It takes at least 3 to 20 years to get a good return.
Among the popular trust companies in Malaysia are PMB Investment, Public Mutual, Principal Asset Management, and many more.
READ: Top Performing Unit Trust Funds in Malaysia 2022!
3. Robo Advisor
Image source: Medium
Robo what? For those who aren’t familiar, Robo Advisor is an investment fund management platform and online financial advisory service that is completely managed by machines and robots.
From the process of opening an account to withdrawing money, it is done entirely by machines and robots that are regulated by the system.
You can choose whether to invest in Robo Advisor platforms such as Stash Away, MyTheo, and Wahed Invest. So far, Wahed Invest is the only Robo Advisor platform that complies with sharia.
4. Stock investment
Image source: Malaysia Investment 88
The good thing about stock investing is that its returns are higher than others. But, one thing to consider here is that the risk is much higher than in other investment plans
To start selling and buying shares, you have to open a CDS account, and the minimum purchase of shares is 100 units, not 1 unit. There are hundreds of company shares that you can buy on the stock market in Malaysia.
But, before making any decision to buy or sell shares, make sure you betul-betul have knowledge of the Fundamental Analysis and Technical Analysis.
First, understand the term 'High Risk, High Return’. Then only you can get high returns.
So, what do you think? Any other investment ideas in Malaysia you can think of? If you do, share this article on FB and let us know what’s your suggestion.
*This article is reworked from the article “Di Mana Saya Boleh Laburkan RM1,000?” which was published for the first time on majahallabur.com. The article above is intended to provide information only. Loanstreet is not responsible for any losses that may arise if there is any action you take with the information contained in the article.
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