Hey everyone, I wanted to share my current career and financial position to get some perspective / actionable advice mainly on investment. I believe there is alot from the community.
Personal Info
31M Single KL, MA in Arts
Career
- Industry: Financial Institution, Banking (Operations)
- Years of Experience: 5
- Current Position: Senior AM
Salary:
4.2k net w No other side incomes
Financial Snapshot
- Current Savings : 50k in FD
- Investments : None. Would prefer low risk like ASNB but it is too limited and competitive. Don’t prefer EPF, not withdrawable.
- Liabilities / Debt: PTPTN, bank personal loan. No credit card.
- Monthly Expenses : 2k
- Insurance Coverage: Life and medical insurance
Lifestyle / Context
Major Expenses: Vehicles and mainly myself. Generally dont splurge on shiny things.
Questions
- How do you grow your wealth through investment?
- What are the investing stages and where are the points or indications to pivot?
Challenges or areas Im unsure about:
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I want to learn more about investment and whats most suitable for my position. What are some channels to learn on investment for people who are new to it?
-
What kind of core knowledge one shall acquire before making a move?\
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Other than EPF and ASB / ASNB, what are some other platforms?