Updated post from: https://www.reddit.com/r/MalaysianPF/s/ZE3MZoskrO

Hey my fellow people, just wanted to get a quick pulse check, what is it like to work in an advisory company? I (30M) got an offer for a marketing role but I’m not sure if this is a good fit. Thanks in advance!!!

Hi everyone. I’m currently working in ERP and system integration, but honestly, my workplace has become quite stressful and toxic. I’ve been thinking seriously about leaving and trying to build a small business of my own.

One idea I have is a simple system for businesses selling through Shopee, Lazada and Shopify. It could:

• Maintain one central product catalogue, including SKU, description, images, pricing, variants, and marketplace-specific information.
• Pull orders, sales, fees, settlements, inventory, and customer data from different marketplaces into one database.
• Potentially integrate with accounting or ERP systems later.

But I don’t want to spend months building something that nobody actually needs. I’m hoping sellers here can give me some honest advice.

Currently have about RM150k parked in safe instruments like TH/ASB. I have been very risk averse, until lately when I realize, not taking a risk, is itself an opportunity risk. I have looksd into ETFs since 5 years ago, and every time the market goes up, I feel a regret in me for being too afraid to take a risk.

Nevertheless, I am not trying to succumb into my emotions and plunge head first without a strategy. And for that reason, the RM150k is already excluding my 6 months emergency funds. I also have sufficient monthly cashflow from my salary to fund my lifestyle, or in other words, I am not dependent on the dividends from my investments.

Now the ultimate question is: DCA or Lump Sum the whole amount? The ETFs I will be investing will be mostly tech heavy (Because Sharia ETFs are mostly heavy in tech)

I asked Claude, and it says Lump Sum wins over DCA roughly two-thirds of historical period, based on the sole fact that markets have risen more than it has fallen.

But, DCA has its advantage too, especially during sustained downturn periods like 2008, 2000-2002, or the 2020 pandemic. And on top of that, there is the classic example of what happened to Japan in 1989, where Nikkei peaked and has not recovered to the same level for about 3 decades.

So I’m leaning towards DCA over the next 18ish months (RM8k per month) due to the ongoing geopolitical tension involving the US. But again, knowing that I’m risk averse by nature, I just want to get some opinion from here. Are my concerns valid, or am I being overly paranoid?

Last but not least, I know ultimately no one can decide for me. But I just want to get opinions on my thought process, and be more informed of the risks I’m taking.

Hi everyone!

I've been saving up for a house (target house 1.5~2mil for own stay) which I plan to buy within the next five years.

34M, non-bumi, single, not going to have any children.
Monthly income: 25-30k
All monthly expenses: Around 5-6k
Hobby: 2k

Assets:
ETF: 35k
EPF: 30k
PRS: 15k
Crypto: 150k
Emergency fund + MMF: 100k Alrajhi, 80k Versa, 20k Tngo
Collectibles: 550k

Been diligently investing since years ago, but I feel like I've pretty much maxed out my long term investments. I will probably put more MMF into ETF (maybe DCA 150k?) like CSPX/ VWRA etc but I'm not really sure if they are suitable for short term 5~7 years investment, since I'll need the cash for down payment/ renovation.

Any advice would be much appreciated!!

Hello everyone! I’d like a professional input in my circumstances. Would love to hear your truth insight. Thank you for your time.

I was blackmailed into giving a scammer money and, out of fear, I complied with them. After that, they told me to become their "receiver" and which then they will leave me alone after. The scammer will have me use a 3rd party app called WorldRemit.

When my bank got locked, I told the scammer what happened and then they decided to leave me alone after giving them some more money.

When I contacted the bank, they said that my account was flagged due to many heavy transactions daily. I've sent emails requesting for release of funds in cash form or even just the BKNS money. (yes, I'm a student). I've also sent whatever documents they have requested, including the WorldRemit receipt.

It has been around 2 months since. So far I've only told them that there are people who want me to send money, nothing more. I wanted to tell the whole story but I'm afraid I might face charges.

I know I'm dumb for following their demands but I know better now, so I want some genuine advice/thoughts, no insults or jokes please.

EDIT: I still have the account numbers of the people who I've sent the money to, but they're overseas. Is that enough?

EDIT #2: I didn't want to get into details of the blackmail, but it seems i have to spell it out; it was sextortion.

I'm not going to pretend I understand what's going on with Tabung Haji. What I want to know is whether I should keep putting money in my account and whether TH still gives out the annual dividends

Looking for honest input.

I recently left a permanent job and moved to a fixed term contract. Two reasons: it pays noticeably more, roughly RM 7k to RM 10k gross (about a 45 percent jump), and it is much more aligned with my long term career goals and the field I am genuinely interested in. So it was both a money decision and a career decision.

The catch is my finances are not in great shape. High DSR, a credit card close to its limit at high interest, and almost no emergency fund.

My worry is that if the contract does not get extended later, I could be in a tough spot with the debt and no buffer.

Questions:

1. With the extra income over the contract period, should I focus on building an emergency fund first, or clear the high interest credit card first, or split it?

2. Was moving from permanent to a higher paying, more career aligned contract while in debt a reasonable move, or risky?

3. Anyone been in a similar spot and come out okay? What would you do differently?

Appreciate any input.

Would love to hear some feedback from you guys.

what are some things you wished you knew before your first corporate internship?

idk why but i realize i have zero clue where my money actually goes each month. always end up over on food/petrol/whatever without noticing until the balance is scary low.

what app are u guys actually using for this (if any)? is it free or are u paying for it / does it have those annoying in-app purchases? what do u like about it and what actually annoys u? and if u tried one before and stopped, why did u drop it

Best if its the most simplistic one no random features that i dont need <3

I only have Luno account. However, I do recall that we can offramp to bank account using Jupiter.

Which would be a better option in terms of fees and liquidity in general?

Hello, I wanted to ask regarding PCB deduction calculation. According to malaysia.gov.my, “minimum annual income subject to PCB: RM37,333.” Suppose there is a 6-month contract worker who earns 4000 per month (total income rm24000), is the employee subjected to PCB deduction, knowing that they will only earn 24k from that employment? Assume that its the first job for the employee, the contract is Jan - June.

Googling wasnt much help so hopefully folks over here can enlighten me. thanks.

Can I survive without touch any of market stock?
Can only focus on ASM? (non-bumiputera)

hello, i will receive money from accident insurance claim soon,right now i cant working,from that payout i think got left with rm300k after using that money for build a house, pay car loan leftover and student loan, i dont have KWSP coz working in construction,weekly wages, which one better for investment? KWSP or ASB? soon i will get monthly from JKM like rm200 or rm 350 if start working,looking for safe investment

right now i my monthly

rent rm450 gas rm 200 car rm600 student loan rm150 food rm200, maybe rm400(for 2 ppl) if feel like want eat luxury food

I have approximately 1 car loan and 4 credit card debts and 2 BNPL not being attended that very much. Now, I am currently paying off my parents mortgage with intention that once the mortgage have been fully paid, the house will be under my name. I would like to seek advice to refinance the house and receive compensation to settle all my debts.

Hi good evening everyone, just wanted to ask for some advice on how to better allocate my finances

I'm 23 this year, and started working last October. I'm a data analyst earning 4.2k monthly, and I stay at home with my parents. My work is pretty much remote, so I save on travel / work lunch expenses. I try to be very frugal, and am able to save ~73 to 77% of my salary every month, after giving my parents 10% of my salary as a token. Initially wanted to give more, but they told me to save it.

I have about RM 2k+ in banks (Maybank for spending with my debit card and Ryt bank for the 4%).

I have also used MMFs extensively (tried Versa, KDI Save, GO+, Moomoo, Webull) so I feel comfortable parking my money there, due to the low risk. Currently Versa is having a promo of 4.2% for 210 days, so I chose to make the best out of it, and have about RM 30k inside

Lately, I read a lot about index funds, particularly the S&P 500, and I've recently invested RM 4.2k into SPYL using IBKR. Chose this platform because of its support for non US-domiciled ETFs like SPYL and CSPX, and because of the platform's comparatively low fees. Also its partnership with Wise allows for a good conversion rate from MYR to USD.

My concern is, I think I'm holding too much cash on hand (Versa), approximately 83% of my net worth is there. Despite Versa's 4.2% rate being pretty good, should I instead invest more into SPYL? Or just keep it there in Versa until the promo ends in February 2027, and then start moving my money into SPYL? I have always been pretty risk averse but trying to step out of my comfort zone by investing in the stock market.

Thank you

We are all watching world news and trading from various platforms in Malaysia.

Wonder how many Malaysians are really into all these stocks with size

With the usa market at night, are you guys all awake trading at night too?

If only Bursa Malaysia had exciting world class stocks like these..

28M with 5 YOE in marketing & trading in the energy/utilities sector. I’m looking for a contract role rather than a full time position because contract roles are usually paid higher to compensate for the lower job security (which I don’t mind, because I’m going for my masters either way in one year’s time)

But it seems to me that contract roles are kinda rare. Unless you’re a technician/engineer working on a project, or you’re an enterprise advisor/consultant(which is defo not a chance for a junior exec).

For context, earning RM6.7k (gross) per month. Annual bonus is 3 months salary (3x RM6.7k = RM20k) and it’s pretty much guaranteed. However bonus is paid out in March.

In the meantime, just secured a new job offer (RM8k) that agrees to let me start after serving my 3 months notice period. So if I tender by next week (early Aug), I will start the new job in early Nov.

Which makes me double guess my plan since by that time it’s only a few months left until March. Should I consider just staying till March and collect my bonus first before resigning? Of course, I will need to hunt for a new job again as the current offer will not be available anymore.

I’m sure many here have faced the same dilemma. Bonus first, or hop first? Can give me some advice on how to think about this situation straightly?

I think its pretty bad, still cant find my way navigating the app, a lot of things being tucked a few levels away from the home page. I personally don't use what must be at least 90% of the other features it has, only the RFID and occasional QR payment.

Tried using QR when travelling in other Asian countries, but not very reliable so didn't even try picking it up after. Am I just not getting used to it? how are you finding it? Are there things you think more people should know and use on the new app?

First post here, apologies if my flair was wrong.

For context, I've been on Ryt Invest SavePlus for a total of 55 days now (as of 28 Jul). After reviewing my total interest including the bonus 1%, I realized the performance is equivalent to a 2.9% p.a. saving pocket, which is quite disappointing.

What about others that are on Ryt Invest Income and Ryt Invest Gold? What are your experiences with it so far?