I am considering to use Simpan SSPN Prime to keep part of my emergency fund. The question is whether the withdrawal is swift to serve as emergency fund. So, I performed a withdrawal to try it out. Rationale Why do I want to use Simpan SSPN Prime when there are quite some alternatives (Versa Cash …
Recently, I have opened a Simpan SSPN Prime account for my child. I did this entirely online. The process was not that hard and I would like to share the process in this article. Documents required Actually, no document is required to be uploaded. This is why I said the process is easy. Simpan SSPN …
Simpan SSPN Prime is the new name of SSPN-i . So, will there be any change to this scheme? New name same scheme Actually, there is no change to the scheme except for the name. The benefits of Simpan SSPN Prime remain the same as SSPN-i. To know the benefits of Simpan SSPN Prime, you …
After reading Unknown Market Wizards, I got the inspiration to refine my investing strategy for stock market. As I only invest in individual stocks on Bursa Malaysia, it is a refinement to my investing in Malaysia. Look to the future I feel that I was focusing too much on the past results previously when I …
I have discussed about three robo-advisors in 2019. Out of the three, I am using MYTHEO and StashAway. Since then, there are a few robo-advisors being launched in the market. Today, I am going to give a brief overview of these newcomers. The New Robo-Advisors There are three new robo-advisors since 2019. They are Akru, …
Skim Simpanan Pendidikan Nasional (SSPN-i) or National Education Savings Scheme is a savings scheme from Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) or National Higher Education Fund Corporation. I think it represents a good alternative investment vehicle in Malaysia. Benefits of SSPN-i I will list down its benefits in descending order of my perceived importance. 1. …
It has been more than half a year since I open an account with MYTHEO (seven months to be exact). I think it is a good time now to review my investment performance on this robo-advisor platform. Investing strategy I am using its allocation recommendation and my current asset allocation is 69% growth, 21% income …
Recently, I helped my wife to open a StashAway account. The primary purpose of opening this account is to compare the returns of StashAway with MYTHEO. StashAway account opening process The account opening process is quite simple. We need to provide our personal details and also choose an investing plan. The investing plan is categorized …
The bear has come in the worldwide stock markets. Our Kuala Lumpur Composite Index (KLCI) has dipped below 1,400 and might even break the 1,300 level. Luckily, the index increased to 1,344.75 before market closed. Nonetheless, it is still a large decline in one day. Truth to be told, I did not expect the index …
What is a robo-advisor? According to Investopedia, “Robo-advisors (also spelled robo-adviser or roboadvisor) are digital platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. A typical robo-advisor collects information from clients about their financial situation and future goals through an online survey and then uses the data to offer advice …
