Invest. Unit Trust. Stocks / REITs. Starting may not be property, sincerely.

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I was speaking to a COO of a production house yesterday and she told me that her kids love to save their money. In fact their financial management seems to be better than hers! I was like, wow… Anyway, with regards to savings, it’s super important that we turn those savings into investments yeah. Keep enough savings in Fixed Deposit for 6 months just in case we are in between jobs but anything extra, it has to be invested. Inflation rate has been averaging around 3.4% for Malaysia which meant that if we put money in the bank and it gives us 3.5% in returns, we are technically gaining just 0.1% in wealth increase every year. Oh dear…

Source: https://tradingeconomics.com/malaysia/inflation-cpi

So, what if I have just RM500 savings per month in the beginning, what could I do with those money? Actually, quite a lot of stuffs. We could invest it with a Roboadvisor (I did. more details here) We could also put a comment in our FB page. ‘I want to buy unit trust. Anyone of you are selling unit trust? Please pm me’ Alternatively, it could also be opening a CDS account to start buying shares (click here to learn more) ! Okay, when it comes to shares, perhaps slightly more reading is needed but investing into good shares are just as safe as unit trust actually. Potentially the share prices could rise faster too.

Then, we come to the question of, should it not be property? Let me be very calculative. RM500 cannot buy us any property. However, RM500 per month invested on a continuous basis (including returns) meant that meant that 5 years later, it may just be enough for a new property downpayment. You still prefer to invest in something ‘property based?’ You have a choice. Please read this from a good friend’s blog. Complete Guide to REITs. Real Estate Investment Trusts (REITS) may just be that great choice.

Do you know that Charles Tan who writes in kopiandproperty.com daily and who loves property investment is also into shares / stocks? He has also been continuing his investments into a few unit trust brands? Yeah, he wrote this article too: Are we earning, saving, investing and preserving? Haha. Yes, I am Charles Tan. By the way, there are two major stumbling blocks to property investments yeah. Money and Knowledge. We need to save enough for downpayment and we need to read a lot more before we buy. Simply listening to our best friend does not work yeah. It may just land us into the world of debts and it’s super tough to come out of a bad property investment. Happy learning and investing.

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<Featured Image is courtesy of Stock Photos from Doubletree Studio>

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