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As the world of investment continuously evolves, diversifying your portfolio remains a key strategy in mitigating risk and potentially enhancing returns. For most Malaysian investors looking to diversify, delving into the US stock market might be a considerable option. In this article, we examine two primary categories of stocks: blue chip stocks and small cap stocks, detailing their pros and cons as well as how you can start investing in them today. What Are US Blue Chip and Small Cap Stocks? US Blue-Chip Stocks Blue-chip stocks represent well-established companies with a history of stability, reliability, and strong performance. They are often leaders in their respective industries, boasting a large market capitalization. Companies like Apple, Google, and Microsoft fall into this category, representing secure investment avenues that typically offer consistent returns and dividends. US Small Cap Stocks On the other hand, small-cap stocks represent companies with a smaller market capitalization, usually between $300 million and $2 billion. These companies, such as Revolve Group or Sunrun are often in their growth phase, with the potential to offer substantial returns, albeit at higher risk levels. How to Invest in US Small Cap and Blue Chip Stocks from Malaysia? Step 1: Preparing for Investment 1. Research and Knowledge Building Before investing, build a strong foundation by understanding individual company performances, the US market trends, and sectoral growth patterns. Utilize resources like financial news platforms, investment forums, and analytical tools for this purpose. 2. Understanding the Currency Risks You should also be wary of currency fluctuations between the USD and MYR. Currency risks can be mitigated by employing hedging strategies or diversifying the investment portfolio to include assets with low correlation. Step 2: Selecting the Right Investment Platform 1. Choosing a Brokerage Firm Select a reputable brokerage firm that offers access to the US stock market. One of the most reputable brokers in Malaysia is Interactive Brokers. Find out how you can use Interactive brokers here. 2. Setting up an Investment Account Open an investment account with your chosen brokerage, ensuring to comply with all documentation and regulatory requirements, including proof of identity and address. Step 3: Investment Execution 1. Building a Diversified Portfolio Create a diversified portfolio that includes a mix of blue-chip and small-cap stocks. Consider consulting with a financial advisor to tailor a portfolio that matches your risk tolerance and investment goals. 2. Continuous Monitoring and Management Once the investment is initiated, maintain a vigilant eye on the portfolio's performance. Make adjustments based on market trends, economic developments, and company performances to optimize returns. Should You Invest in US Small Cap and Blue Chip Stocks? Well, it all comes down to your investment goals, risk tolerance, and whether you’re confident enough in your investment knowledge. Here are some pros and cons for you to weigh out your decision. Pros of Investing in US Small Cap and Blue Chip Stocks 1. Diversification Investing in blue chip stocks or established companies can add a stable component to your portfolio, possibly mitigating risks associated with market volatility. Meanwhile, when you invest in US small cap stocks, you’re diversifying your portfolio into sectors or industries that are underrepresented in the Malaysian market. For example, you can include stocks such as Apple or Google (blue-chip) and a promising small-cap stock in the tech sector to have a balanced exposure to the growth dynamics of the US market. 2. Potential for High Returns Blue chip stocks typically provide steady returns over the long term, including regular dividends. Meanwhile, small cap stocks have the potential to offer higher returns, especially if you invest in companies during the early growth stage. However, always consider that there’s a much bigger risk if you’re investing in small cap stocks. Cons of Investing in US Small Cap and Blue Chip Stocks 1. Currency Risk In both small cap and blue chip stocks, you’ll need to consider the currency risks involved in investing in US stocks, as fluctuations in the USD/MYR exchange rate can impact returns. One way you can minimise this impact is by hedging your investments through financial instruments that offset currency risks, ensuring that they are not adversely affected by fluctuations in the USD/MYR exchange rate. 2. Geographical and Cultural Distance Being geographically and culturally distant from the US market might result in a lack of nuanced understanding of market trends and company performances for both small cap and blue chip stocks. To mitigate this, you could consider employing US-based financial advisors or using analytical tools that provide in-depth insights into the US market. Conclusion Investing in US small-cap and blue-chip stocks can be a lucrative avenue for those seeking to diversify their portfolios and potentially reap substantial returns. However, it comes with its set of challenges that can be overcome with meticulous preparation and knowledge. By thoroughly understanding these dynamics and strategizing accordingly, you can make informed decisions that align with your investment goals and risk tolerance. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

In the vibrant property market of Malaysia, potential property buyers and investors are often faced with the choice between purchasing leasehold or freehold properties. These ownership titles possess differences that can greatly impact the value and potential appreciation of the property. In this article, we delve into the intricacies of both leasehold and freehold properties in Malaysia and offer examples to clarify these concepts further. Understanding Leasehold Properties In Malaysia In Malaysia, a leasehold title grants the owner the right to occupy a property for a pre-determined period, typically ranging from 30 to 99 years, after which the title reverts back to the state. This type of title often comes with certain restrictions, including needing state consent for transactions such as selling or transferring the property. Below are some examples of leasehold areas and properties in Malaysia: Bandar Sunway, Selangor: A well-known township where properties are mostly leasehold, offering a bustling urban environment. Bukit Katil, Melaka: A residential area with a mixture of leasehold properties, known for its green surroundings and tranquillity. Pros and Cons of Leasehold Properties In Malaysia Pros Generally more affordable compared to freehold properties. Potential for development and growth in leasehold areas. Cons The finite lease period. Potential depreciation as the lease matures. More bureaucratic processes for property transactions. Understanding Freehold Properties In Malaysia Contrary to leasehold properties, freehold titles confer ownership of the property for an indefinite period. On top of that, owners have more flexibility in terms of property transactions and modifications. Here are examples of freehold areas in Malaysia: Mont Kiara, Kuala Lumpur: A sought-after residential and commercial area with a plethora of freehold properties, catering to expats and upper-middle-class Malaysians. Georgetown, Penang: A UNESCO World Heritage site, home to many freehold properties with historical and cultural value. Pros and Cons of Freehold Properties In Malaysia Pros Permanent ownership. Generally appreciates in value over time. Easier transactions without state consent. Cons Usually more expensive. Higher competition and demand. Potential for higher property taxes. Which Is Better For You: Leasehold vs. Freehold Properties in Malaysia? When choosing between leasehold and freehold properties, you need to consider factors such as your investment horizon, budget constraints, and the potential for property appreciation. For Long-term Investors Freehold properties might be more appealing due to the indefinite ownership and potential for capital appreciation. For Budget-Conscious Buyers Leasehold properties, initially more affordable, can be a suitable option, especially if the lease period is still long. Conclusion The decision between opting for leasehold vs freehold property in Malaysia hinges on various factors including individual preferences, investment strategies, and budget. While leasehold properties can offer affordability and opportunities for development, freehold properties stand as a beacon of permanence and stability in the dynamic Malaysian property market. Through careful consideration and analysis, you can make informed decisions that align with your property ownership goals in Malaysia. If you want to know more about property investment, check out this article! Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

Did you know that Malaysia is one of the top-ranking countries on the Global Islamic Economic Indicator (GIEI)? This means we have a respectable size of the Halal Economy particularly for Islamic finance, halal food, Muslim-friendly travel, and media and recreation sectors. In this article, let’s dive into the world of Islamic finance, particularly Halal or Shariah-compliant investments. What Is Shariah Investing (Halal Investing)? Shariah investing is an investment approach that adheres to the principles and guidelines of Islamic law. It is a form of ethical investing that aligns with the values and beliefs of Muslims and avoids activities that are considered prohibited (haram) or unethical according to Islamic teachings. What Are The Key Principles of Shariah Investing (Halal Investing)? 1. Prohibition of Riba (Interest) Riba, or interest, is prohibited because it is seen as a tool that facilitates unequal exchange. For example, in a riba system, a wealthy individual can lend money and earn interest steadily without engaging in any productive activity, potentially exploiting the financial needs of others. In contrast, Shariah-compliant investments promote profit and loss sharing and shared risk. This means that investments in businesses involved in conventional banking, lending, or interest-based financial instruments are not permissible. 2. Prohibition of Gharar (Uncertainty or speculation) Gharar, or uncertainty/betting, is prohibited because it fosters transactions based on speculation rather than tangible assets. For instance, investing in businesses with ambiguous contract terms or unclear pricing strategies would be considered engagements in Gharar. Investments in speculative derivatives, gambling, or uncertain contracts are not considered permissible. Therefore, Shariah-compliant investors should ensure that trading contracts with companies or brokers are clear and concise. 3. Prohibition of Maysir (Gambling or betting) Maysir or gambling, is prohibited as it is based on luck and uncertainty and not on real economic productivity. For example, engaging in transactions that are highly speculative, akin to betting on stock price movements without underlying assets or analysis, would be viewed as indulging in Maysir. 4. Prohibition of Haram Activities Investments in businesses involved in activities considered Haram according to Islamic principles are not allowed. This includes companies involved with alcohol, gambling, adult entertainment, pork, tobacco-based products and non-halal food products. FAQ About Shariah Investing (Halal Investing) Q1: How do I know if a company is Shariah non-compliant? According to Bursa Malaysia, companies will be deemed as Shariah non-compliant if they are involved in the following core activities: Financial services based on riba (interest). Gaming and gambling. Manufacture or sale of non-halal products or related products. Conventional insurance. Entertainment activities that are non-permissible according to Shariah. Manufacture or sale of tobacco-based products or related products. Stockbroking or share trading on Shariah non-compliant securities. Other activities deemed non-permissible according to Shariah. Q2: Can Muslims invest in non-Shariah-compliant investments? Yes, you can. It is not against the law and it all comes down to personal choice. Q3: Can a non-Muslim invest in Shariah-compliant investments? Yes, you can! Note that your options will be pretty limited, sometimes even non-existent as securities like warrants, futures, and options trading are prohibited in halal investment. Now, onto the best part of this article. List of Shariah-Compliant Investments in Malaysia (2023) #1 Tabung Haji (TH) What Is It? Tabung Haji is a financial institution established to assist Muslims in saving and investing to fund their Hajj pilgrimage. It also facilitates various financial services and products that adhere to Islamic principles. Malaysian Muslims who want to go on Hajj, HAVE to open a Tabung Haji Account. How Does It Work? Hajj Pilgrimage Tabung Haji provides a platform for you to accumulate funds for your pilgrimage through savings and investing. Once sufficient savings are accumulated, Tabung Haji will assist in arranging and facilitating the pilgrimage, taking care of logistical elements such as flights and accommodation. Investment You can also invest in Shariah-compliant assets through Tabung Haji. These assets generate profits, which are later distributed as dividends to the depositors. Minimum Deposit Needed? Minimum Initial Deposit: RM10 Minimum Account Balance (to qualify for Hajj registration): RM1,300 What Are The Returns Like? It varies, year-on-year but the average returns over the past 10 years is 4.66%. In 2022, the returns were 3.10% after zakat (wealth distribution through charity). How To Open Tabung Haji Account? Over the counter at Tabung Haji branches Bank Islam Bank Rakyat #2 ASNB Funds What Is It? ASNB offers a variety of unit trust funds which are largely Shariah-compliant, aiming to foster investment and savings among Malaysians, particularly the Bumiputera community. There are three funds you can choose from - ASB, ASM, and ASN. To get a better understanding of each, read this article! How Does It Work? Just like your typical unit trust fund, ASNB operates by pooling money from various investors into a single fund, which is then managed by professional fund managers. Investors hold units in the fund that represent their share of the holdings and earnings. Though most of its funds are invested in non-Shariah-compliant assets, it received harus fatwa from the National Fatwa Council which makes it a halal investment. Minimum Deposit Needed? Minimum Initial Deposit: RM10 Maximum Investment: RM300,000 What Are The Returns Like? The returns for each fund (ASB, ASM, ASN) vary year-on-year. However, historically, the returns for ASB and ASM are usually >4%. ASN on the other hand, provides returns between 1-4%. How To Invest in ASNB? 1. Download & install myASNB app. 2. Register for an ASNB account. 3. Login into account. 4. Choose any of the funds you’d like to invest in. 5. Buy units by using FPX via bank account. #3 Islamic Unit Trust Funds (by Private Fund Management Companies) What Is It? Similar to ASNB Funds, these funds function just like a normal unit trust fund except the investments are made into Shariah-compliant securities, such as equities, sukuk (Islamic bonds), and Islamic money market instruments. Where To Invest in Private Islamic Unit Trust Funds? Here’s a list of some of the fund management companies that offer Islamic unit trust funds. Public Mutual Berhad CIMB-Principal Asset Management Berhad Maybank Asset Management Kenanga Investors Berhad RHB Asset Management Sdn. Bhd. Affin Hwang Asset Management Berhad Eastspring Investments Berhad AmInvest For more details on Islamic unit trust funds, check out FSMOne. Minimum Deposit Needed? It varies according to which fund management company you go to but typically, the initial deposit required is RM1,000. What Are The Returns Like? Varies according to the fund chosen. How To Open An Account? Visit the website of your chosen fund management company and open an account that way. #4 Bursa Malaysia-i What Is It? Bursa Malaysia-i is a sector of Malaysia’s stock market where you can invest in Shariah-compliant assets like stocks, ETFs, REITs and sukuk (bonds). Products offered: i-Stocks: Invest in local companies that are Shariah-compliant, including during IPO (initial public offering) i-ETFs: Invest in a basket of Shariah-compliant securities. i-REITs: An easier alternative to property investment, earn a stable income stream and distribution yield through Shariah-compliant REITS. ETBS (Exchange Traded Bonds and Sukuk): Invest in halal fixed-income securities issued by the government or companies. How To Start Investing in Bursa Malaysia-i? Open CDS and a Shariah-compliant trading account with an Islamic brokerage. Register & activate Bursa Malaysia-i Account. Start trading! Here’s a list of Islamic brokers you can open an Islamic trading account with, in Malaysia: Affin Hwang Investment Bank Berhad AmInvestment Bank Berhad BIMB Securities Sdn Bhd CGS-CIMB Securities Sdn Bhd Hong Leong Investment Bank Inter-Pacific Securities Sdn Bhd Kenanga Investment Bank Berhad Malacca Securities Sdn Bhd Maybank Investment Bank Berhad MIDF Amanah Investment Bank Berhad Public Investment Bank Berhad RHB Investment Bank Berhad TA Securities Holdings Berhad UOB Kay Hian Securities Sdn Bhd KAF Equities Sdn Bhd #5 Shariah-Compliant Fixed Deposits (FD) What Is It? Unlike the usual fixed deposits in the market, an Islamic Fixed Deposit adheres to Islamic law which makes it Shariah-compliant. Instead of accruing interest, your deposit is invested in halal, or permissible, ventures, with profits shared with you based on a pre-agreed ratio. An easy way to tell if a fixed deposit is Shariah-compliant is by making sure the FD name ends with “-i”. Where To Invest in Shariah-Compliant Fixed Deposits? Simply go onto RinggitPlus, and look up Islamic Fixed Deposits. Minimum Deposit Needed? It varies according to the bank and duration of investment. What Are The Returns Like? Varies according to the fixed deposit chosen. How To Open An Account? Typically, you’ll just have to open an account with your chosen bank and request to open an Islamic FD account. #6 Shariah-Compliant Money Market Funds What Is It? A Shariah-compliant money market fund pools investors' money to invest in short-term, liquid, and halal (permissible) financial instruments, such as sukuk (Islamic bonds) and Islamic bank deposits, avoiding interest (riba) and unethical industries. Profits are distributed to investors based on a predetermined profit-sharing ratio, aligning with Shariah guidelines on investment. What’s The Difference Between Fixed Deposit and Money Market Fund? A fixed deposit has a lock-in period (3 - 12 months) and a penalty for early withdrawal. Meanwhile, a money market fund has none of those. The best part is, the returns are about the same at 3-4%. Where To Invest in Shariah-Compliant Money Market Funds? So far, only TouchN’Go GO+ is Shariah-compliant. Minimum Deposit Needed for TouchN’Go GO+? RM10. What Are The Returns Like? You’ll earn daily returns and as of the time of writing, returns are 3.41% p.a. How To Open An Account? Download the TouchN’Go app. Click on GO+. Complete Account Verification. Update your personal information. Deposit RM10. Start earning! #7 Physical Assets Besides the above financial instruments, you can also invest in gold and property as long as you stick to the principles of Shariah. Halal Gold Investment You can invest in physical gold like gold bars, coins or even jewellery. Besides that, there are even e-gold and gold investment accounts like Maybank Islamic Gold Account-i. Property Investment Generally, property investment is halal so long as it is not obtained illegally or unethically according to Islamic laws. One thing to look out for is the financial products used to purchase the property. You’ll want to take up Islamic loans and takaful instead of conventional loans and insurance. Conclusion We hope this helped clarify some things about halal investments or Shariah-compliant investments for you. As always, make sure to research and learn more about a financial instrument before putting your money into it and if you’re still unsure, there’s no shame in reaching out for professional advice. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

As if we couldn’t already feel the impact of rising food costs, at the start of the month, Bernas announced a price hike for imported white rice where per metric tonne of imported white rice will cost RM3,200 from the previous RM2,350. This comes after several external factors like climate change, weakening foreign exchange rates, high operational costs, and regional conflicts for the company. This has impacted the global rice trading market and was further compounded by the effect of India’s recent announcement banning the exportation of white rice. At the same time, we’ve already seen the cost of other food items like chicken, fish and vegetables going up. According to The Malaysian Reserve, ikan kembung (Indian mackerel) is now between RM18 and RM22 per kg, while ikan selar (horse mackerel) went up to RM20 per kg compared to RM16 last year. The prices of prawns and squid also increased compared to last year. As of June 2023, chicken costs RM15.11/kg while just earlier this year in January, it was RM14.33. According to CNA, vegetables like tomatoes, cucumbers and long beans have seen a 50-100% increase in price. What Does This Mean To Malaysians? Currently, The Ministry of Agriculture and Food Security is set to meet Bernas and paddy farmers later this week to discuss the issue of rice supply and its prices. And like in the case of our chicken and egg supply problems earlier this year, hopefully, government intervention will take place to ensure the rice cost doesn’t rise too much. However, if the price of white rice does increase, the most obvious consequence will reflect upon our growingly expensive grocery bills. Not only that, the cost of eating out will also surge as F&B stores would have no choice but to pass on the cost of raw ingredients to customers to sustain their businesses' long-term viability. Unfortunately, should a price hike occur, the group that will be hit the hardest would be the hardcore poor and B40 community. On average, this community earns a meagre RM1,849 which is a far cry from the estimated cost of living of RM3,262. So, how will they continue to put food on the table with such a huge discrepancy? What Can Malaysians Do About It? 1. Embrace the Gig Economy Platforms like Grab, FoodPanda, or even local initiatives like Troopers can provide you with opportunities to earn supplementary income. While not a long-term solution, they can offer relief amid these times of rising food costs. 2. Budget, Budget, Budget Regrettably, there’s nothing much we can do to significantly move the needle when it comes to increasing minimum wages in our country. However, the one thing we do have control over is our spending and more importantly, our budget. Use budget-tracking apps to keep track of your spending habits and see how you can save up! Find out how else you can cut your food budget here! 3. Advocate For Wage Increase Ultimately, the problem we’re facing is the lack of spending power that stems from the low wages and a high cost of living. One of the most effective ways to change this is to advocate for wage increases whether through signing a petition, rallying on the streets or carrying out your duty to vote during elections. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

The tantalizing scent of nasi lemak, the richness of rendang, and the zest of laksa – Malaysian cuisine is nothing short of a culinary odyssey. However, amidst the rising living costs, indulging in these gastronomic delights can feel like a pinch to the wallet. Fear not! Here’s a guide on how to cut your food budget without compromising on taste. 1. Embrace Local Markets (Pasar Malam/Pasar Pagi) Why: Local markets or pasar malam often provide fresher and cheaper produce compared to supermarkets. Tip: Visit during the final hours for potential discounts as vendors clear stock. Savings: Expect to save up to 30% compared to supermarket prices. 2. Opt for Tapau Over Dine-In Why: Avoiding service charges and government taxes, tapau (takeaway) proves more economical. Tip: Utilize your own containers for both savings and sustainability. Savings: About 10-15% off your total bill. 3. Savor Economy Rice (Nasi Campur/Chap Fan) Why: With a variety of dishes, nasi campur or chap fan stalls provide value for money. This is especially great if you're living alone as groceries are getting more expensive these days. Tip: Veggies and tofu are both nutritious and cost-friendly choices. Savings: Up to RM5-10 per meal. 4. Stay Active in Malaysian Food Social Media Groups Why: Groups like “Foodie Malaysia” spotlight current promotions and discounts. Tip: Enable notifications to grab those short-lived deals. Savings: Seasonal deals can offer 20-50% off. 5. Cook Using Local Ingredients Why: Whipping up meals with ingredients like tempeh or kangkung is light on the pocket. Tip: Challenge yourself with hawker-inspired dishes for that authentic taste. Savings: A home-cooked meal can save you RM10-20 per serving. 6. Bulk Buys Are Your Best Friend Why: Staples like rice or ikan bilis are cheaper in bulk. Tip: Store perishables properly to ensure longevity. Savings: About 15% off retail prices. 7. Capitalize on Food Delivery Discounts Why: GrabFood and FoodPanda frequently roll out promotions. Tip: Consider shared orders for added discounts. Savings: Periodic discounts can shave off 10-40% off your bill. 8. Loyalty Programs and Cards Why: Many eateries and cafes have loyalty cards offering every 10th meal or drink for free. Tip: Keep these cards in your wallet to ensure you don't miss stamping them. Savings: Effectively 10% savings on every 10 meals. 9. Off-Peak Dining Why: Some restaurants offer discounts during non-peak hours to attract customers. Tip: Opt for early dinners or late lunches. Savings: Discounts can range between 10-30%. 10. Grow Your Own Vegetables Why: Cultivating basic herbs or veggies ensures freshness and reduces costs. Tip: Start with easy-to-grow plants like mint or chilli. Savings: Up to RM15-30 monthly, depending on consumption. In A Nutshell While the Malaysian food scene remains an ever-alluring arena, being judicious about your choices ensures your palate and pocket both leave satisfied. With these tips, you'll be able to cut your food budget yet enjoy the yummy goodness of our local cuisine! Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

When considering an investment, the flashy ticker symbols and daily stock price movements might catch your attention. However, savvy investors often emphasize evaluating a company rather than just its stocks. But why is this so? And how can you do the same? Delving Deeper Than Stock Prices As Peter and Frankie see it, imagine stocks as the shimmering surface of a lake. They reflect what's happening now. But what lies underneath, the health and vitality of the aquatic ecosystem, symbolizes the company. Here's why and how you should evaluate a company before investing: Cash Flow Why: A company's ability to generate positive cash flow consistently indicates its capacity to remain solvent and meet its obligations without external financing. It's the lifeblood of any business. How: Look at the Statement of Cash Flows in a company's annual report. Focus on operating cash flow, which shows how much money the business brings in from its core operations. Example: Tenaga Nasional Berhad has consistently posted positive operating cash flows which is a sign of its robust business operations. Gearing Ratio Why: This ratio measures a company's financial leverage, indicating the proportion of its operations funded by debt versus equity. How: A higher ratio could indicate higher risk (e.g.: the company being unable to repay their debt), but also potential for higher returns (e.g.: the company might be expanding). Example: AirAsia had a high gearing ratio in the past due to its capital-intensive nature. So, investors had to determine if such debt levels were sustainable in the long run. Profit Margin Why: Profit margin reflects how efficiently a company can convert sales into profit. Typically, you’ll want to look for a business that maximises profit while minimizing costs. How: A higher margin suggests better efficiency and control over costs. You can also compare their margin with their peers to see if their performance is at par with industry standards. Example: Genting Malaysia Berhad, a diversified conglomerate, has different profit margins across its segments. Evaluating these margins can help investors understand which segments drive the company's profitability. Shareholder Activity Why: Significant buying or selling by top executives or major shareholders can be a strong indicator of a company's future prospects. How: Monitor announcements on Bursa Malaysia or news reports about significant shareholding changes. And if let’s say a major shareholder is suddenly selling the stock don't panic thinking that something could be going wrong. Instead, find out the true reasons for such transactions because it could be that the shareholder is selling their stake to another strategic investor that could bring the company to new heights. Example: If the founder of a leading tech start-up increases their stake in the company, it might be seen as a vote of confidence in the company's future. Macro Conditions Why: Companies don't operate in a vacuum. The overall economic and political landscape can significantly influence a company's performance. How: Keep track of key macroeconomic indicators, like GDP growth, inflation rate, or foreign exchange rates. Read up even more and stay in touch with major events and happenings that surround the company. Example: The Malaysian palm oil industry can be affected by international trade policies, currency fluctuations, and even environmental concerns. You’ll want to be aware of these if you’re investing in companies like Sime Darby or IOI Corporation. The Big Picture: Evaluate Both The Company and Stocks Investing isn't just about catching the next hot stock. In fact, we don’t have control over the stocks as the price is based on market forces. It's a careful, informed assessment of where a company stands and where it might go in the future. This is why, what we can do is evaluate how a company’s management controls and steers their business to create value for shareholders like you and me. And if the company is healthy, its share price will follow eventually. In short, don't just skim the surface. Dive deep. The health of the lake depends on it! Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

In the realm of investing, the saying "Don't put all your eggs in one basket" encapsulates the essence of diversification. But did you know there’s a specific, secret rule you can follow to do this? Read till the end to find out what it is! But first, let’s get a better understanding of what it means to diversify your investments. What Does Diversification Mean In Investments? Diversification is a risk management technique where investments are allocated across various financial instruments, industries, and other categories. The goal is to protect the portfolio against significant losses. Because asset classes often behave differently under various market conditions, by diversifying, an underperforming investment can potentially be offset by other investments that are performing better. Benefits of Diversification In Investments Reduces Risk This is the most apparent benefit. By investing in a variety of assets, the impact of a poor-performing investment is minimized. For instance, if you were only invested in stocks and the stock market crashed, you might face severe losses. But, if you're also invested in bonds, real estate, or other assets, these may hold up or even thrive when stocks underperform. Potentially Higher Returns Diversifying can help you achieve more consistent returns over time. While it might reduce the potential of "hitting it big" with a single investment, it provides a smoother, more predictable growth trajectory. Access to a Variety of Assets A diversified portfolio gives you exposure to different sectors, asset classes, and geographical regions. This broad exposure can be beneficial in times of local or sector-specific downturns. Flexibility in Changing Markets As markets evolve, having a diversified portfolio allows you to reallocate and adjust more fluidly, seizing new opportunities and mitigating emerging risks. How To Diversify Your Investments? Across Asset Classes This involves mixing different types of investments like stocks, bonds, real estate, commodities, and even alternative investments like cryptocurrencies. Within Asset Classes It's not just about having different types of assets but also about diversifying within each type. For instance, instead of investing in tech stocks alone, diversify across sectors like healthcare, utilities, and finance. Geographical Diversification Don't limit yourself to your home country. Investing in international markets can provide added protection against domestic market slumps. Personally, I also invest in US stocks as returns are usually higher and there are more established companies over there. Here’s an app I use to trade my US stocks. You can also find out more about M+ Global here. Dollar-Cost Averaging By investing fixed amounts at regular intervals, regardless of market conditions, investors can reduce the impact of market volatility. The Five Percent Rule Finally, the secret rule I've been talking about. The five percent rule is a concrete guideline to ensure diversification. This rule suggests that no single investment or asset should constitute more than five percent of your entire portfolio. For instance, if you’ve taken an interest in tech stocks, according to rule, you’ll only want to allocate five percent of your portfolio to those stocks. This is because while tech companies like Apple or Google are dominant players, the dot-com bubble burst serves as a reminder of the potential risks of over-investing in just one sector. Conclusion In the unpredictable world of investments, diversification remains a cornerstone of a sound investment strategy. While it doesn't promise total protection against loss, it plays a vital role in managing risk and aiming for steady, long-term returns. However, even with diversification, you should still periodically review and adjust your portfolio to ensure it aligns with your financial goals and the changing market dynamics. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

In Malaysia, oftentimes, property and stocks stand out as the two predominant forms of investments. Both present unique advantages, risks, and strategies, making the choice between the two not-so-black and white. In this article, we’ll dive into the world of property and stock investing to provide a clearer picture of their differences and hopefully, it’ll help you make better informed decisions. Property Investment in Malaysia Advantages of Property Investment: 1. Tangible Asset Similar to global markets, Malaysian real estate, especially in prime areas like Kuala Lumpur, Penang, and Johor Bahru provides you with a tangible, physical asset. This offers both utility like living in it or renting it out and security where you can touch and see the property. 2. Rental Yield Malaysia has become a hub for expatriates and international students, especially in places like Cyberjaya, Kuala Lumpur and Selangor. This provides you with the opportunity for rental income. This could either mean renting out the entire property or even individual rooms. 3. Tax Benefits The Malaysian government has introduced various tax benefits and deductions for homeowners renting out their property as well as first-time home buyers. In terms of rental tax deduction, you can get write-offs on: Assessment tax Quit rent Interest on home loan Fire insurance premium Expenses incurred on rent collection Expenses incurred on rent renewal Expenses on repairs and property maintenance On the other hand, according to FMT, if you’re a first-home buyer of residential properties, you are exempted from stamp duty on the sale and purchase agreement (SPA) and loan agreements for residential properties priced below RM500,000. *Do note that the exemption applies to Malaysian citizens on any SPA completed between Jan 1, 2021 and Dec 31, 2025. 4. Leverage With real estate, you can buy a property with a fraction of the price down (through a mortgage) and benefit from the full appreciation of its value over time. The good thing is that financial institutions in Malaysia also often offer competitive mortgage rates, allowing you to leverage your investments with relatively low initial capital. Disadvantages of Property Investment: 1. Market Oversupply Certain segments of real estate in Malaysia, especially luxury condos in Kuala Lumpur, have seen an oversupply, which might affect rental yields and resale values. Additionally, the property market can also go through long periods of decline, leaving you with assets worth less than their buying price. 2. Maintenance Costs Owning property comes with ongoing expenses like taxes, maintenance, repairs, and insurance. This means you’ll need to ensure that you have extra funds to not only cover those expenses but any “emergency” costs that may arise. 3. Illiquidity Real estate is not as easily converted to cash compared to stocks. Selling a property can take weeks if not months. So, when you decide to invest in property, you’ll need to keep in mind that this is a long-term investment. Stock Investing in Malaysia Advantages of Stocks Investment: 1. Liquidity The appeal to stock investing is how “fast” you can profit from it. Stocks can be sold almost instantly during market hours, providing access to cash quickly. In that sense, stocks are pretty liquid assets. However, it’s worth noting that you’ll only want to do this if you have the knowledge and time to spare. 2. Dividends In Malaysia, there are many established companies, especially those in finance and utilities that regularly offer dividends, providing shareholders with a consistent income stream. 3. Diversification With stocks, diversifying your portfolio is simpler and a healthy practice to adopt when investing. You can invest in various sectors, industries, and regions with a smaller amount of money. 4. Growth Potential Historically, the stock market has shown significant growth over long periods. Disadvantages of Stocks Investment: 1. Market Volatility As with global markets, Malaysian stocks can be volatile, influenced by both domestic and international events. This could lead to potential short-term losses which is why understanding your financial goals, risk tolerance and investment horizon is important. 2. Requires Research Effective stock investing often requires regular monitoring, research, and understanding of the market dynamics. So, before investing, it’s best that you pick up on some knowledge then along the way, you can continue learning even more so that you’re able to make better investment decisions. 3. Emotional Factors The stock market's ups and downs can be emotionally taxing. And when there are emotions involved, it could potentially lead to making impulsive investment decisions. Maybe that’s why there are more and more robo-advisors popping up these days? Anyway, what you need to understand is that the market’s volatility is normal and more often than not, the market bounces back after a dip. So, it’s important to stay disciplined on your financial goals when you’re investing in the stock market. Property vs. Stock Investing in Malaysia: Which Is Better For You? 1. Initial Investment Property: In Malaysia, buying a property, especially in prime areas, requires significant initial capital. Stocks: In contrast, with just a few thousand or even hundreds of ringgits, one can start investing in a diverse portfolio of stocks. 2. Market Knowledge Property: Understanding property hotspots like Bangsar, Desa Park City, or emerging areas in Shah Alam can be crucial for real estate. Stocks: For stocks, staying updated with top-performing sectors, whether in the local or global stock can be equally critical. 3. Investment Period Property: Real estate in Malaysia, given the current oversupply in some segments, might require a longer-term perspective. Stocks: Depending on the strategy, can offer both short-term trading and long-term holding opportunities. My Personal Opinion on Property vs Stock Investing in Malaysia The decision between property vs stock investing in Malaysia hinges on individual preferences, financial goals, and market knowledge. For some, the allure of owning tangible property might be irresistible. Others might find the dynamic nature of the stock market more exciting and lucrative. Perhaps the ideal approach for you is a balanced portfolio, combining the stability and tangibility of property with the liquidity and growth potential of stocks. Personally, I do a bit of both. One of my income streams is through rent yield and I’m also a pretty active investor whether it’s in the local market, global market or cryptocurrency. This is because I believe in the importance of diversification. In fact, I always advocate that you should never put all your eggs in one basket! However, whichever side of the fence you're on, at the end of the day, due diligence, continuous education, and sometimes even seeking advice from financial experts, remain key to successful investing in the Malaysian context. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

Navigating the realm of personal finance can often feel like charting unknown waters. One of the most fundamental questions many individuals grapple with is: Should I save, invest, or do both with my money? In this article, let's explore the advantages and considerations associated with each approach to help you make an informed decision. Saving: The Traditional Safety Net The first lesson we learnt as a kid from our parents has always been to “save your money!” And that notion still rings true today - saving is an important aspect of personal finance. It provides liquidity, stability and is the most predictable asset you can own. Savings, especially when kept in accessible accounts, can be readily used for immediate expenses or emergencies. Other than that, funds saved in banks are usually insured up to a certain limit, providing security against loss. Unlike investments, savings usually provide a fixed return, albeit a small one. However, when you’re only saving your money in savings accounts, the interest rates often don't keep pace with inflation, which means the real value of your money might diminish over time. You are also missing out on opportunity cost as money that’s saved and not invested misses out on potentially higher returns from investments. Investing: The Path to Potential Growth Most of us start hearing talks about investing when we’re in college or when we start working. We’ll hear things like “make your money work for you” and although it’s cliche, it is possible to make your money work for you - and you should! By investing, you’re reaping in potential higher returns, taking advantage of compound growth as well as spreading your wealth across various assets other than cash. Investments, when chosen wisely, can offer returns significantly higher than traditional savings accounts. Then with your earnings, it can be reinvested, leading to compound growth and potentially accelerating wealth creation. Investing is also not as scary as it seems as there are diverse options to choose from including stocks and bonds to real estate and mutual funds. All you have to do is research and find an investment option that suits your risk appetite. With that being said, it’ll be ignorant to say that investing is easy. It comes with risks and the possibility of losing some or all of your invested amount. Investing also requires a certain level of knowledge, and while resources are abundant, it can still be daunting for beginners. Last but not least, some investments may not be as easily liquidated as savings, which can be a concern if funds are needed on short notice. A Balanced Approach: Save, Invest Or Both? For many people, a combination of saving and investing proves the most beneficial. I’m sure you’ve heard of the "50/30/20 rule" – allocate 50% of income to necessities, 30% to lifestyle choices, and 20% to savings. I want to challenge this rule and tweak it to include investments. I call it the “50/20/10/20 rule” - 50% necessities, 20% lifestyle, 10% savings, and 20% investments. Here's why I think every Malaysian should use the 50/20/10/20 rule and take a balanced approach to saving and investing: 1. Immediate Safety Net A savings buffer can provide peace of mind without touching investments. For instance, the "6-months rule," suggests saving an amount equivalent to six months of expenses for emergencies. This can ensure you don't have to liquidate investments in a rush and miss out on compounding growth. 2. Long-Term Growth Investing a portion of your money can ensure that you’re not only preserving but also growing your wealth. Fortunately in Malaysia, we have EPF. While it's primarily a savings tool, EPF invests portions of the pooled funds, making members like you and me indirect investors as well. 3. Flexibility A balanced approach offers flexibility. You can adjust the ratio of savings to investments based on life stages, goals, and financial needs. For example, a fresh graduate might focus more on saving, but as one climbs the career ladder, the balance can shift towards investments. Conclusion Whether to save, invest, or adopt a balanced approach depends on individual circumstances, financial goals, risk tolerance, and time horizons. For many, a mix of saving for short-term needs and investing for long-term growth is a strategy that offers both security and the potential for increased wealth. What we need to understand is that it isn't a matter of choosing one over the other but rather understanding their individual and complementary strengths. By harmonizing traditional wisdom with modern financial strategies, Malaysians can pave the way to holistic financial health. And as always, continuous learning is your best ally on the journey to financial well-being. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

When the daily hustle gets too mundane, it's our hobbies that offer a comforting escape. But what if your leisure pursuit could also supplement your income? Here are 13 hobbies that can potentially put more ringgits in your pocket. 1. Batik Painting If you take a trip to Pasar Seni, you can see store after store offering batik painting classes. So, embrace the traditional art and either teach batik painting classes or sell your creations at local markets and tourist spots. 2. Food Blogging If there’s one thing Malaysians can collectively agree on is that our food is the best in South East Asia. Therefore, with Malaysia's diverse culinary heritage, sharing recipes or reviews online can lead to sponsorships or ads. Just look at Ceddy or KLFoodie! 3. Photography This hobby is pretty common and it’s one of the most highly-demanded services when it comes to freelancing. You can offer your services for wedding photography, street photography or even professional photoshoots. The options are endless! Otherwise, you could also capture Malaysia's picturesque landscapes and vibrant street life, and then sell prints of them. 4. Cooking Classes Cooking is a life skill that everyone needs to master so there will always be a market for it, especially if you’re thinking of teaching local cuisine cooking classes. Consider offering lessons in making traditional dishes like nasi lemak or rendang. I’ll be the first to sign up for it! 5. Jewellery Making If you’ve always had a way with arts and crafts, you can look at making jewellery pieces! To make it even more unique, you can craft handmade jewellery inspired by Malaysian culture and sell it online or at pop-up markets like Sunny Side Up or Kedai KL. 6. Reselling Vintage Items Thrifting has become a really trendy option for shopping these days. If you take a trip to Taman Paramount, you’ll see an entire row of stores that curate and cater to the growing thrifting market. To do this, you can start by scouring local flea markets like the one in Kota Damansara for unique finds and reselling them online or in bigger thrifting stores like JBR Bundle. 7. Musical Performances Take your shower singing session onto the streets! Put on a 1-2 hours basking session in Jalan Alor or even perform at local cafes and events. You may not earn that much but at least you’ll be able to share your talent with the crowd. 8. Pet Sitting Always had a soft spot for our furry friends? Consider pet sitting then! You’ll not only get to have a fun time with cute fur babies but you also get to make some extra pocket money! Perhaps you can offer services to busy professionals in your neighbourhood or even work with Petbacker. 9. Tutoring A bit tedious as a hobby but it’s definitely worth considering as a side hustle, especially if you have a way with teaching. Offer language lessons like Bahasa Malaysia, English, or any other language you're fluent in to expats or maths and science to students. You can charge as much as RM150 or more even if it's an online class! 10. Digital Art Have you got an eye for graphic design? Create illustrations for local brands or authors. You can also take on commission jobs from your friends, family or even online! 11. Baking One of the most common online businesses these days is baking. You can start from your home kitchen and if you do well, who knows, you may even open up a bakery! To carve out your unique selling point, you can offer baked goods like traditional kuih or a local twist on modern pastries. 12. Home Stays or Cultural Experiences I’m certain you’ve seen those Airbnb experiences that encompass visits to local tourist attractions and even arts and crafts classes. You can do the same! If you’re big on meeting new people and have a love for sharing our local culture, you can offer tourists a genuine Malaysian living experience. Get them to live with you, if you’re comfortable, and take them to your favourite makan spots to let them experience the true Malaysian life. 13. Freelance Writing Have you always had a way with words? You can look into freelance writing as a side hustle! Offer your services to online brands or even put up a job ad on Fiverr! Should You Make Money Off Of Your Hobbies? Monetizing your hobbies has always been a contentious topic. Some are for it while others prefer to keep it as a leisure activity to relax. Whichever side of the fence you're on, there is no right or wrong. However, if you're serious about making money off of your hobbies, remember that consistency, quality, and authenticity are key. Dive into what you're passionate about, understand the local market's needs, and see how you can transform your hobbies into a venture that can not only bring you joy but also make you some extra money on the side. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

Investing can be an intimidating journey, especially if you’re new to the financial world. In the context of the Malaysian investment landscape, understanding the fundamentals and various options can make the journey smoother and more rewarding. Here Are 5 Things You Need To Know Before Investing In Malaysia (Comprehensive Beginner Guide) Understanding Your Investment Goals and Risk Tolerance Before investing, you need to identify your financial goals and understand your risk tolerance. This can provide you with a roadmap for your investment journey, guiding you in selecting the right investment vehicles and strategies. You can ask yourself these questions when figuring out your investment goals and risk tolerance: What am I investing for? (e.g., Retirement, buying a home, children's education) When will I need the money? (e.g., In 5 years, 10 years, 30 years - here’s a cheat sheet on how you can do this) What is my expected return on investment? (e.g., Do I want to preserve capital, or am I aiming for high growth?) How much money do I need to reach my financial goals? (e.g., Do I need RM500,000 for a home down payment?) How much can I comfortably invest regularly? (e.g., Monthly or annually?) How comfortable am I with losing some or all of my investment? What is my financial situation? (e.g., Do I have debts, an emergency fund, stable income?) Have I ever invested before, and how did I react to market fluctuations? (e.g., Was I stressed when my investment value decreased?) What is my investment time horizon? (e.g., Am I investing for a short-term goal or long-term growth?) How actively involved do I want to be in managing my investments? (e.g., Am I interested in actively trading, or do I prefer a more hands-off approach like a managed fund?) To give you a picture of why understanding your financial goals and risk tolerance is important, take a look at this example: If you're saving for retirement 30 years down the road, you might consider riskier investments like stocks, which may offer higher returns over the long term. Conversely, if you're saving for a down payment on a house in 5 years, a more conservative approach with fixed deposits or bonds may be suitable. Start with a Solid Financial Foundation Building an emergency fund and reducing high-interest debts should be your priority. A general rule of thumb is to have at least 3 months' worth of your expenses as your emergency fund. Meanwhile, when it comes to reducing your debt, you can consider the Avalance Debt Repayment Method or the Debt Snowball Method. By doing this, not only will you have a taste of financial security, but you will also be able to take calculated investment risks without jeopardizing your immediate financial stability. Think of it as a financial cushion, softening the blow should there be one. Explore Different Investment Options In Malaysia, there are various investment avenues catering to different risk levels and goals. Your job is to find one that aligns with your goals and suits your risk tolerance the best. Here are some investment vehicles you can consider. a. Savings Accounts and Fixed Deposits Example: BSN offers Term Deposits with different tenure options. Investing RM1,000 in a 12-month fixed deposit may provide a 3.35% return, a safe and guaranteed option. b. Government and Corporate Bonds Example: Malaysian Government Securities (MGS) are considered safe and provide regular interest. A 10-year MGS might yield around 3-4% per annum. You can buy government and corporate bonds either through Bursa Malaysia or over-the-counter (OTC) at appointed banks. c. Unit Trust Funds Example: Investment banks like Kenanga, Affin Hwang, and Public Mutual offer various unit trust funds. Check out FSMOne to pick out a unit trust that’s best for you. d. Stock Market Example: Investing in blue-chip companies like Maybank or META, which has historically shown steady growth, can be a starting point for stock investment. To invest in US stock, check out M+ Global. Don’t forget to use our code: T30E and if you deposit RM1,000, you stand a chance to win a mystery share! e. ETFs and REITs Example: ETFs like MYTHEO Omakase or Vanguard 500 Index Fund ETF can diversify your portfolio, ensuring you’re not putting all your eggs in one basket. Meanwhile, Sunway REIT allows investment in Sunway's real estate properties, providing regular income through dividends. Invest in the most diversified ETF in Malaysia using MYTHEO. Use our code: MMTV1 to get 6 months of fee-free investing! f. Robo-Advisors Example: StashAway, a robo-advisor platform in Malaysia, customizes a portfolio for you based on your risk tolerance and goals, even allowing investment with as little as RM10. Diversification Is Key Putting all your money into a single investment can be risky as it exposes you to market threats that can potentially lead to significant financial loss if that particular investment performs poorly. So, instead of investing RM10,000 solely in let’s say, Maybank stocks, you should instead spread the investment across different sectors, including technology, healthcare, and consumer goods, to reduce risk. This is because we will never know when market sentiment towards Maybank may change and if you’re not in tune with the latest news about it, you might find yourself in a sinking ship, unable to recover your losses. Regularly Monitor and Review If there’s one thing you should take away from this article is that investment is not a 'set and forget' process. You need to regularly review it to make sure that your investments still align with both your personal and financial goals as well as risk tolerance. This is especially true in the constantly changing market environment we find ourselves in to ensure we achieve long-term success and financial security. Conclusion Starting your investment journey in Malaysia, even if you’re a beginner and only have a small budget, is entirely feasible. Simply by understanding your financial goals, risk tolerance, and taking practical steps, you can begin building your financial future. The key is to start small, learn continually, and gradually grow your investments in alignment with your comfort and objectives. Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.

In today's fast-paced world, having a credit card isn't just a luxury; it's a necessity. These days, we find ourselves in a very diverse and dynamic credit card market, and there are numerous opportunities to make your credit card work for you. But how exactly can you leverage this financial tool to your advantage? Let's dive in! Maximising Your Credit Card in Malaysia: A Comprehensive Guide 1. Choose the Right Card Select a card that aligns with your spending habits and lifestyle. With various credit card options available in Malaysia, find one that offers benefits like cashback, reward points, or travel discounts that suit your needs. 2. Pay Your Bills on Time Never miss a payment date on your credit card. Set up automatic payments or reminders, if you need to. This is so that you not only enhance your credit score but also avoid late fees and interest charges that are as high as 15-18%! Did you know: According to a report by FMT, as of 2018, some 47% of Malaysian youths have high credit card debts. 3. Maximize Your Rewards Credit cards in Malaysia offer a myriad of reward programs. Utilize these rewards by understanding how they work and redeeming them strategically. Be it travel, petrol, dining, or (grocery) shopping, there's a reward for everyone. 4. Avoid Unnecessary Debt With the temptation of easy spending, it's essential to manage your credit card wisely. Stick to a budget, avoid carrying a balance or just pay in full every month if you can, and escape the trap of compounding interest. 5. Take Advantage of Promotions Many banks in the credit card market offer promotions like 0% interest periods, no-annual fees, sign-up offers or special discounts with partner vendors. Stay informed and take advantage of these offers when they align with your spending plans. 6. Monitor and Protect Keep an eye on your credit card statements for any unauthorized charges. Utilize the security features offered by your bank, such as SMS alerts or mobile app notifications, to stay on top of any suspicious activities. Additionally, you should enable two-factor authentication where possible. Making the Most of Our Of Your Credit Card in Malaysia Handling a credit card can seem daunting, especially when we’re rotten for choice in the current broad Malaysia credit card market. If you’re willing to take the time to understand and navigate its complexities, your credit card can be more than just a means to spend; it can become a valuable financial asset. Simply by choosing the right card, maximizing rewards, managing debt wisely, and staying informed about promotions and security, you can make your credit card work for you right here in Malaysia. Remember, the key to success when it comes to using your credit card is not spending frivolously but spending smartly. Always consult with a financial expert if you have any doubts or need personalized guidance. Happy spending! 🇲🇾 Subscribe to our financial newsletter for the latest news, insights, and advice on personal finance, investing, and more. With every email, you’ll gather the confidence and knowledge to make informed decisions to achieve your financial goals.