Got money and looking for ways to invest those extra dosh? Here's what you can do, and with as little as RM500, you can start off to invest your money! No need to wait until you earn RM5,000 a month to start investing.
1. Buying coins
As inflation rises, gold will appreciate in value to help counteract the lower value of your money. Investors are placing physical gold IRA and with the global economic environment growing more uncertain, IRA Gold has become the number 1 alternative for retirement plant. In the US, you can invest in gold through retirement plant such as gold 401k and there's even gold IRA transfer to make it easier for you to invest in gold. As for Malaysia, you can buy our own Kijang Emas Gold Bullion Coins from your local bank.
2. Unit Trust
You can even withdraw your EPF money to buy Unit Trust so there's no reason no to buy any!
3. Real Estate or Property
With the recently launched My First Home Scheme by the government, young adults aged up to 35 years old with less than RM3,000 income per month can now own their first home easily. However before deciding to buy your property, remember to make some research and wherever you choose to buy your property always make sure it will be value for your money.
There are other ways to invest such as buying stocks or trading in Forex that you may also consider. But whether you choose to do the safe method or the high risk way, always make some research and study so you won't end up regretting your decision later on!