Thinking of Investing Money? Here are 10 Platforms You Need to Know!
<p> There must be many who are starting to dabble in the investment world, right? Yes, it's good if we prepare for the future.</p><p><br /></p><p>Before investing, make sure we first learn about investment risks, expected returns and liquidity that will be faced later.</p><p><br /></p><p>Let's look at 10 investment platforms that are relevant today:</p><p><br /></p><p>1. Amanah Saham Nasional Berhad (ASNB)</p><p><br /></p><p>ASNB is a unit trust management unit under PNB and offers ASB Fund investment.</p><p><br /></p><p>The fixed returns are quite inconsistent and often fluctuate from year to year. However, the returns are always positive.</p><p><br /></p><p>In 2022, ASB's dividend will be 3.35 sen and bonus 1.25 sen, totaling 4.60 sen per unit in addition to an additional bonus of 0.50 sen for the first 30,000 units.</p><p><br /></p><p>2. Hajj Fund Board (TH)</p><p><br /></p><p>Previously, it was better known as the Hajj Management and Fund Board (LUTH) which was responsible for managing the journey of Hajj pilgrims from Malaysia to Makkah every year.</p><p><br /></p><p>Although the return is relatively low compared to ASB, but it is used to pay zakat and is reserved for Muslims only.</p><p><br /></p><p>Its dividend last year was 3.1%, the same as this year.</p><p><br /></p><p>3. Fixed Deposit (FD)</p><p><br /></p><p>FD is a type of short-term investment where investors deposit a sum of money and agree to refrain from withdrawing their money for a specified period of time.</p><p><br /></p><p>If you are thinking of investing your savings in a platform that has liquid assets, gives some return and low risk, then FD is the best option.</p><p><br /></p><p>The returns depend on the rise and fall of the OPR. You also need to be consistent in subscribing for high returns.</p><p><br /></p><p>4. National Education Savings Scheme (SSPN)</p><p><br /></p><p>SSPN is a savings scheme specially created by the National Higher Education Fund Corporation (PTPTN) for the purpose of higher education.</p><p><br /></p><p>The dividend rate in 2022 is 3.95% and the loyalty reward rate is 1%. The rewards benefit Simpan SSPN Prime depositors who make accumulated savings during the promotional period.</p><p><br /></p><p>What's more interesting, you will get tax relief based on the value deposited into the account.</p><p><br /></p><p><br /></p><p>5. EPF/EPF</p><p><br /></p><p>EPF savings are savings for your retirement. These savings consist of employee and employer share contributions to be added by annual dividends each year.</p><p><br /></p><p>This saving is consistent for users who are working because it is a government initiative to look after and ensure that our lives in old age are more secure.</p><p><br /></p><p>However, the liquidity of these savings is quite difficult because you have to wait until the age of 50 for account 1 and age 55 for account 2.</p><p><br /></p><p>6. Gold</p><p><br /></p><p>Gold is a type of metal that has a shiny yellow color and has a high value in the market. However, the value of this gold is seen to be increasing due to several economic factors and its complicated manufacturing.</p><p><br /></p><p>If you intend to save gold, make sure you prepare because this saving is a long-term method.</p><p><br /></p><p>7. Unit Trust</p><p><br /></p><p>Unit Trust investment is a collective investment scheme that allows investors with similar investment objectives to pool professional funds in a portfolio of securities.</p><p><br /></p><p>This method requires you to buy units that are a part to be invested in various forms such as stocks, bond market, money market and others.</p><p><br /></p><p>8. Shares</p><p><br /></p><p>In simple language, it is called as corporate ownership partnership. A share of stock represents several fractions of a company.</p><p><br /></p><p>To invest in stocks, you can do Intraday Trading and also Positional Trading. Both have different risks.</p><p><br /></p><p>9. Forex (FX)</p><p><br /></p><p>This method is the same as any other business, which is to buy a currency at a low price and sell it again after there is an increase in price to make a profit.</p><p><br /></p><p>This form of investment requires high consistency because your profit is based on the increase in the value of the asset.</p><p><br /></p><p>10. Crypto</p><p><br /></p><p>Cryptocurrency is a digital currency used to buy goods and services and it uses cryptography as its security feature.</p><p><br /></p><p>Among the most famous cryptocurrencies at the moment are Bitcoin, Ethereum and XRP. These digital currencies have varying values and prices.</p><p><br /></p><p>The risk of this crypto investment is that the value of the currency fluctuates and you need knowledge to anticipate the rise and fall.</p>
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