Investment Guide: You Have RM1,000. Now Where Do You Invest It?
You may scoff at the idea of getting into investments with just RM1,000. You might think, “What can I do with that meagre amount?” A lot, actually. You’ll be surprised at how much you can gain in years to come if you invest that money right now. You don’t need to invest hundreds of thousands up front to see a healthy return. With just RM1,000, you can kick-start your investment portfolio and see money rolling in. According to your risk appetite, here’s an investment guide on where you can put your RM1,000 and see it grow. Amanah Saham Bumiputera (ASB) Risk: Low Average return: 8% to 10% per annum Example: If you invest RM1,000 over 10 years, your return will be RM1,367.36 ASB is a premier unit trust investment specifically for Malaysian Bumiputera. It is managed by Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB). It is meant as a long-term investment, with the longer you keep your money, the higher the possibility of h...