Monday, August 17, 2020

Investment Newbie

 Due to the low interest rate bank offer, looking for a better alternative to earn more in a secure way

Been adding lots of FB group, still a newbie, will update this page consistently as time goes by. This page is just combine all what I know, Please correct me if I'm wrong, I'm still learning.


Basically, to get more more is by FD, Unit Trust (Fund) and Share (Stock Exchange)

08/2020 current rate KWSP 5% > ASM 4.5 > SSPN 4% > ?? Income Fund > ?? Money Market Fund > FD 2.5%

https://www.facebook.com/groups/385909988780377/
https://www.youtube.com/channel/UClPm6Cx9Bv_mZ93xvo5G2fg



Tested APP
Raiz
link to your debit card and track your expenses. It round up the value when make purchase and the balance(refund) will invest into Amanah Saham Nasional Berhad (ASNB)
+ partnership between Permodalan Nasional Berhad (PNB)
+ for those with low income group or those without saving.
- link with debit card (all expenses is tracked)
- only support Maybank debit card
- month RM1.50 charges

StackAway


STOCK (still checking, not main priority) KIV
https://nomoneylah.com/2019/06/30/stock-trading-account/

- 水钱亏 if invest little, min 1000
So far, the best online Stock Broker for newbie is as below:

eToro
Rakuten
- Don't use etoro for US. That's CFD.  Not a real stock broke. 
M+ Online
+ charge Per contract - for example, you buy stock A at 10.00 am, then you buy again the same stock A again at 3.00 pm within the same day. The brokerage charge only one time.

REF:
https://brokerchooser.com/best-brokers/best-brokers-for-beginners/malaysia
https://dividendmagic.com.my/malaysia-stock-brokers-comparison/

No comments: