How I Invest My Money as a Self-Employed Person (Detailed Breakdown!)

Where do I invest my money?

In this article, I want to talk a little bit about the breakdown of my (boring) investment portfolio. I’ll also shed some info on the asset classes involved and what I want to improve or refine further. 

By the end, I’ll share some of my core investing mindsets (or principles, whatever you wanna call them) that I follow closely in my decision-making process.

Have a good read!

Now, a few caveats…

1. The market is dynamic (so is life). Our financial priorities change as we grow older. Hence, I am pretty sure how I invest today will evolve along with time and my priorities in life. 

2. The focus of this discussion will be on my long-term investment portfolio. This means that invested assets will be focused 100% on achieving my financial goal (Financial Independence, or FI). 

They will not be cashed out for other purposes other than portfolio rebalancing. 

3. Money allocated for savings and emergencies will NOT be included in this discussion. This is because there is a high chance that these monies will be used for purposes other than to achieve my financial goals. 

Read my articles on savings and emergency funds HERE and HERE

4. Money allocated for short-term trading will not be included in this discussion. The nature & purpose between trading and investing are extremely different and there is no reason for me to add them to this discussion.

With that in mind, please approach this post with a pinch of salt. Your investment approach and style should be aligned with your own priorities in life, risk profile, and more. 

Do consult a licensed financial planner if you are serious about building your own investment portfolio. I am also working with my personal financial planner and have written about my experience HERE


No Money Lah’s Investment Portfolio + Breakdown Discussion – June 2020

#1 Cash in Hand for Investment Purposes

There are a few reasons why 40% of my portfolio is in the form of cash.

Reason #1: Risk of income fluctuation as a self-employed. 

There are certain months where my income may be less than my intended average figure. 

Hence, at this point in time (June), I have a 3-months cash buffer allocated for my monthly investment routine as you’ll read in this article.

Reason #2: Cash reserved for different opportunities.

We never know what’ll happen in the market tomorrow. 

Especially in this current market condition, I have extra cash reserved to take advantage of any opportunities that may come knocking on the doorstep. 


#2 Stock Market (REITs) – Active Income Investing

How I Invest: Every month, barring nothing special happens, I will pump a specific sum of money into my selected REITs.

When it comes to the stock market, I focus particularly on Real Estate Investment Trusts (REITs)

This is the part of my investing routine where I am involved actively to research and study what to invest.

The reasons why I focus on REITs are because REITs’ volatility is generally milder relative to other sectors in the market, and I like the idea of consistent dividend payout from REITs (something like collecting rent as a landlord). 

Simply put, REITs are my niche and it is a sector that I can utilize my thought process & analysis skills with high competence to generate alpha (edge).

What I’d like to refine further: Starting to expose myself more to foreign REITs (ie. Singapore, HK & US REITs) for the 2nd half of 2020.

Note: Click photo to access this article.

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p.s. I am often asked if I feel ‘sayang’ for missing out on all the hot headline stocks. To be honest, I don’t.

For one, I do not have time to study these companies for long-term investment. Secondly, the moment you see a stock appear on the headline, you are probably way too late to join the game.

I focus on my niche and strength, and will not touch something that I am not familiar with. 


#3 Robo-Advisors (StashAway + Wahed) – Automated Passive Investing

How I Invest: Monthly automated debit order.

Yes, I am aware of the risk of overconcentration by just investing in REITs. 

Hence, I am also passively invested in robo-advisors like StashAway and Wahed to diversify my portfolio into ETFs of various industries and other asset classes (ie. Bond, Commodities, Sukuk). 

In terms of risk profile, I am mainly focusing on medium-risk portfolios from both platforms (StashAway: 14% Risk Index, Wahed: Medium Risk Profile).

The beauty of robo-advisors is that I can invest passively at a reasonably lower cost than conventional unit trusts. 

What I’d like to refine further: Nothing.

p.s. Use my: StashAway Referral Code and get 50% off your management fees for 6 months, as well as Wahed Referral Code (Code: YIXCHI1) and get RM10 bonus fund!

Note: Click photo to access this article. 

#4 PRS – Passive Investing

Just to take advantage of tax and government’s previous incentive.

Note: Click photo to access article

#5 Gold – Monthly manual debit order

How I Invest: Manual debit via HelloGold’s Smart Savers program

Personally, I think of Gold as a wealth preservation asset and a correlation hedge against overall market volatility. 

The reason why I choose to stick with HelloGold is that it allows me to be extremely flexible with the purchase amount, whereas other platforms have a minimum purchase of 1g. 

What I’d like to refine further: Increase monthly allocation in Gold, and start to have exposure in Silver in line with the increment of my income in the near future.

Note: Click photo to access article

#6 EPF – Passive Investing

How I Invest: Monthly manual debit order

EPF is an interesting matter to me as a self-employed. This is because unlike normal employment where there is a standard to how much you and your employer will contribute to your EPF, I have to manage my own EPF account.

This is done by opening my own EPF i-Saraan account and manage my own EPF contribution.

What I’d like to refine further: Increase monthly allocation in line with the increment of my income in the near future.


#7 Bitcoin – Not adding any positions 

Presently, most of my bitcoin positions are my unsold positions during my purchase in mid-2017.

They are relatively small as I was lucky enough to sell off the majority of my position nearly at the height of bitcoin’s $20,000 peak by the end of 2017.

That said, I am also eyeing to start increasing my holding on digital currencies moving forward. Just gotta dive in and do some research first.

What I’d like to refine further: Do deeper research into digital currencies.


#8 ASNB – No Luck

Seriously, if you can get your hands on Amanah Saham Fixed Price Funds, get it. 

The consistency of return and the nature of ASNB unit price (fixed at RM1.00/unit) makes it a no-brainer if you are looking to invest passively.

Unfortunately, I never really got much luck to get many units since I’ve written my piece on Amanah Saham last year *sigh*

Note: Click photo to access article.

Context: My Situation

I am 26 this year. As a self-employed, I run this blog and actively organize live REIT Income Investing coaching sessions – both of which I have a lot of fun doing.

In my downtime prior to Covid-19, I am also an International Table Tennis Federation (ITTF) certified table tennis coach (though that stream of income is no more today).

More importantly, I am also passionately working behind the scene to become a full-time funded trader (*fingers crossed*). This part of my life requires a dedicated post, but suffice to say it is a very challenging, yet exciting journey.

I am single and currently living with my family (it’s a blessing). Hence, I am able to reduce my living expenses significantly which enables me to pursue my goals wholeheartedly, while maintaining a respectable savings ratio.

All in all, my situation is likely going to be very different from many people, as I do not have a fixed monthly income. 

Financially, my situation requires me to be extremely disciplined with money. It also pushed me to think 2 to 3 steps ahead in terms of my income streams, which is why you’ll see things like cash buffer in place for my monthly investment routines.


My Investing Mindset + Approaches

1. Create a disciplined financial and investing routine. For me, I review my financials and investments every month-end, so I am always aware of my financial state. 

2. Take time to discover your investment style. Not everyone has the time & commitment to pick individual stocks. Not everyone can invest in volatile businesses. Everyone is different. 

For me, a hybrid routine of active REIT income investing coupled with low-cost passive investing makes the most sense to my personality, time, and commitment. 

3. Foundational skills like how to analyze a financial report is a MUST in active investing. I think there’s really no shortcut here. 

4. A stock investing plan without an exit strategy is NOT a plan. Market and businesses are too dynamic to buy and hold forever. 

5. 99% of headlines are mostly for entertainment purposes. Until you know what you are looking for, headlines and news can be extremely overwhelming. 

p.s. I don’t really care about the hottest stock in town. 

6. Leverage on technology. Low-cost passive investing platforms like StashAway and Wahed helped complement my investment routine so I am always diversified in other industries. 

7. Avoid investing with borrowed money. I avoid leveraged accounts and invest only with the money I have (ie. Cash Upfront account on Rakuten Trade).

8. Learn to make independent investment decisions. I use various resources to help me gather insights, but ultimately, I make my own investment decisions. 

Nothing helps me improve more than taking ownership of how I invest my own wealth. 

9. Focus on the process – keep learning and stay humble. Whenever I feel like I know everything, the market will prove me otherwise. A little humility goes a long way in the market. 

10. In the long run, successful financial goals and investing depend on one’s habits, mindset, and skillsets. And yes, it’ll take time. 


No Money Lah’s Verdict

Oh my, this is a long article! Thanks for reading till the end, and hopefully you find this post an insightful one!

Ultimately, it is crucial for us to acknowledge that investing is a very personal matter. How I invest will likely be very different from you, and there is really no right or wrong approach here.

Either way, personal finance and investing is a life-long journey. Our money and investment routine have to evolve as we step into different stages of life.

Hence, keep learning, stay humble.

p.s. Curious, where do you invest your money in? Feel free to share with me at the comment section below! 

Talk soon! :)


This is an article that I’ve always wanted to write about. In fact, I have several drafts for this topic, yet I never really landed on an approach to this article.

Big thanks to Mr-Stingy’s article on 'How I Invest My Own Money' (check it out!), which has helped me decide how I should approach this topic. You can also check out a similar topic from Ringgit Oh Ringgit HERE.


You Might be Interested: What'd I do If I Were to Start Investing All Over Again?


Is Now (or anytime) a Good Time to buy Gold?

If you are considering to start buying gold or to add on to your current gold holdings, this article is for you.

The second half of 2019 has been an interesting time for gold.

Gold went from the year’s low of around $1270/ounce to a 5-year high of $1565/ounce – a huge 23% run, before settling for $1555/ounce to end the year.

This is an interesting time because I started to see a lot of ‘Buy Gold’ or ‘Gold is the Safe Haven’ related articles and contents sprouting around social media.

Clearly, people’s interest in gold has been rising especially with increasing uncertainties around global geopolitical issues.

With a simple price action analysis, let’s explore whether it is now a good time to buy gold? If now’s not a good time, then when’s the best time to do so?

TLDR –

In my opinion, gold would likely see its next bullish run if it is able to find a stable footing above the $1525 – $1610/ounce resistance zone (~RM215 – RM227/gram*).



*USD 1.00 = RM4.00 for ease of calculation


First thing first – Where does Gold Price stand now?

Again, gold is in an interesting phase right now.

From the gold’s 10-year weekly chart below, it can be seen the price of gold has finally broken away from a 6-year large corrective structure since the 2nd quarter of 2019.

This is significant, as the bulls (or the buyers) are finally taking over the overall trend after a 6-year tug-of-war against the bears (or the sellers).

In short, it can be said that the market is becoming more bullish towards gold for now.  

10-year weekly chart for gold. (Get your chart HERE)

That said, is it the right time now to buy gold?

As of now, the price of gold stands at a unique point.

Referring to the 10-year weekly chart below, the price zone between $1525 – $1610/ounce has been a key interaction point between the Bulls (Buyers) and the Bears (Sellers) over the past decade.

As an example, the first point of contact was in April 2011, when the Bears defended the zone from the Bulls for the first time.

Thereafter, the Bulls have defended the zone 3 times between 2011 – 2012. This showed the conviction of the buyers to defend the zone from being further pushed downward.

However, it was also in the same zone that the Bears actually took control in March 2013 and pushed the price below the zone – which started a 6-years long corrective phase.

At this moment, the buyers have been testing the zone twice since late 2019. That said, the Bears are clearly still holding the fortress firmly against the buying pressure.

In short, $1525 - $1610 is a key price zone that the Bulls (buyers) must overcome should we want to see a more significant bull run in 2020.

$1525 - 1610 is an important price zone with many interactions between Bulls & Bears over the past 10 years.

What if… the Bulls (buyers) manage to break above the zone?

Now, if the Bulls break the Bears’ defense on the key $1525 - $1610/ounce zone (RM215 – 227/gram), chances are this would trigger the Stop Loss orders of the Bears on the other side of the zone.

This would stop some key sellers out, and would likely lead to a change in the overall market bias to be even more bullish.

Should that happen, I am anticipating a more aggressive buying pressure from the market.

This upside would likely be going to continue until the next key resistance level of $1800/ounce (~RM254/gram) – a 12% potential upside from the $1610 level.

In short, I will be more bullish towards gold should price manage to overcome and find a stable footing above the key $1525 – 1610 resistance zone.

$1800 is the next key resistance should price breaks above the $1525 - 1610 price zone.

What if… the Bears (sellers) manage to defend their position at the $1525 – 1610/ounce zone?

We cannot say with 100% certainty that Bulls will take over the trend – what if the otherwise happens?

Let’s say the Bears (sellers) manage to defend the $1525 – 1610/ounce zone, chances are the price of gold will be pushed downwards away from the zone.

With that in mind, the next key price zone where the Bulls (buyers) would likely be active again would be the zone between $1365 – 1465/ounce. (RM 193 – 207/gram)

On that note, the gold price could either make a bullish rebound (green arrow) if the $1365 – 1465/ounce zone is well defended by the bulls. Otherwise, a further bearish momentum could continue if price breaks below the zone (red arrow).

$1365 - 1445 is the next key support zone should price is not able to make it above the current zone.

Good to Know – China has been buying gold at an increasing rate**

In my previous article, there is a mention of how China’s gold holding makes up less than 8% of the country’s total reserve.

However, global geopolitical issues, especially the US-China trade war which started in the second half of 2018 have made an impact on the rate of China’s gold reserve.

Since the 3rd quarter of 2018, China has been buying gold at an increasing rate (4Q2018: 0.5%, 1Q2019: 1.8% and 2Q2019: 2.2%).

On that note, geopolitical uncertainties are definitely part of the reason why gold price has been increasing in 2019.

China's Gold Reserve (in tonnes) (3Q 2016 - 2Q 2019) [Source: World Gold Council]

No Money Lah’s Verdict

I have always enjoyed reading and studying about gold.

Gold’s unique characteristic from an economic and cultural perspective makes it one of the most interesting and valuable commodities in the world.

However, since gold is a volatile (and to some extent, speculative) commodity, I am more inclined to have the thoughts that people should approach gold in a well-researched manner.

To summarize from today’s article, I will be more bullish on gold should price breaks above the key $1525 - $1610/ounce zone as this will follow with a 12% potential upside (towards $1800/ounce).

Hope you enjoyed this read! 😊






Thinking about opening a gold investment account? Definitely check out the link below to get started!


Disclaimer: This article is written based on my best research as of the time of writing, and should not be considered as a buy/sell recommendation. Please do your own due diligence and/or seek professional advice when making your investment decision.

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**Credit: Part of this article is made possible with the help of my friend, Mr. Varian Soong.

Mr. Varian Soong is an Economics graduate from University of Malaya. Being one of the brightest of his batch, he came in as the 1st runner-up in the 2017 CFA Institute Research Challenge. 

Also, he has completed CFA Level 2 professional paper and he is now pursuing his professional career as a Credit Analyst in Public Mutual Bhd. 

Connect with him on LinkedIn HERE.


Is Gold a Stable Investment?

A lot of people, especially among the Asian community, have a long conventional perspective where gold is a stable investment compared to other existing investment vehicles. I, for one, used to think so back when I was a teenager.

For a while, I have been intrigued by the conventional thinking of gold as a stable investment. Hence, I went on researching and managed to do some digging into this topic.

In this short yet important article, let’s explore if our conventional perspective is true, and do some myth-busting wherever necessary:


Gold is, in fact, not as stable as you think

To many, gold is thought to be a stable store of wealth. At the very least, gold should be something that, in our very own slang –


“Will not lose money one right?”

Apparently, that’s not the case.

Take SPDR Gold Shares (GLD), an ETF that tracks gold performance, as a benchmark – which has an mean annual return of 0.39% for the past 10 years (not too bad for a ‘stable’ investment, huh?).

However, just looking at the average annual return DOES NOT give us a clear picture of how stable gold has performed.




Now, instead, let’s look at the standard deviation value of gold – a measure that will give us a better view of how volatile is gold over a 10-year period.

With a standard deviation of 16.59, this provides us with a better picture of gold’s volatility.

Essentially, a standard deviation of 16.59 means that if you have held gold for the past 10 years, there is a probability that your return could go as high as 16.98% a year (0.39% + 16.59%), or as low as -16.2% (0.39% – 16.59%) a year.

In comparison, the S&P 500 index scored an mean annual return of 1.13% per year, with a standard deviation of 12.48 for the last 10 years.

This means that, if you have invested and held the US stock market for the past 10 years, your return could be as high as 13.61% (1.13% + 12.48%), or as low as -11.35% (1.13% – 12.48%) a year.

Simply put, gold’s movement to the upside and downside is huge and is definitely not as ‘stable’ as perceived by many. In fact, gold is a volatile asset – even when compared to the stock market.


Gold vs Stock Market Volatility over the past 10 years. (Source: Yahoo Finance)




Gold is Volatile, But…

It is not something you should overlook. This is because gold, even as a volatile asset, is a great portfolio diversifier with almost 0 correlation with the stock market. Also, gold is a great hedge of wealth against growing consensus towards global interest rate reduction.

Even more so, gold also plays an important part in the portfolio of prominent investors, namely as a hedge against inflation. In the All-Weather Portfolio by Ray Dalio (founder of investment firm Bridgewater Associates, one of the world’s largest hedge funds), gold makes up 7.5% of the total portfolio aggregation.

In other words, it still makes a lot of sense for one to include SOME proportion of gold into his or her portfolio as an effective way of wealth preservation. 

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Ray Dalio’s All-Weather Portfolio (Source: IWillTeachYouToBeRich)




No Money Lah’s Verdict

In short, gold is not the ‘stable’ investment as perceived conventionally. As such, gold is NOT SUITABLE to become the MAIN store of wealth and investment vehicle for most people, due to its volatility as mentioned above.

However, gold should not be overlooked, as it still has its advantages in diversifying your risks when it comes to the preservation of your wealth.

To end, here’s an interesting angle to look at gold, as shared by a friend of mine, Jason:


Gold should not be seen through the investment lens, but the preservation lens. And not the preservation of fiat value, but for value where fiat money cannot exist (meaning, the day when our paper money is no longer valuable as a means of exchange)



Meanwhile if you like this article and would like to invest in gold, open a HelloGold account today (and get RM5 off when you invest a min. of RM50 when you use my referral code ‘CHIN012W’!)





Real Estate Investment Trusts (REITs) is one of my favorites to invest in, as they provide relatively stable dividends – hence making them a great passive income source.




Disclaimer: This article is written based on my best research as of the time of writing, and should not be considered as a buy/sell recommendation. Please do your own due diligence and/or seek professional advice when making your investment decision.

 


Malaysians' Guide to Gold Investment

Gold is an asset that has been universally recognized as a store of wealth since ancient times. Despite not being a legal tender form of exchange (read: currency) these days, gold is still widely accumulated by the society and countries alike.

In this article, let’s look at some interesting (and lesser-known) facts about gold, WHY invest in them, and HOW to invest in gold as a Malaysian.

What Makes Gold So Attractive?

(1) Gold is uniquely beautiful

Gold is stunning on its own. As such, gold’s shinny and elegant nature make it an attractive choice for jewelry and life accessories alike.  

(2) Gold is scarce

Gold is a type of commodity. This means it is a rare metal and the amount of gold available to mankind is limited.

Not only that, the mining process of gold is also painstaking and expensive, making gold an even more valuable asset to own.

(3) Gold is durable and useful

Gold does not decay or rust – and it is almost indestructible. All the gold ever mined is still around in one form or another.

In addition, gold is a good reflector of light and an excellent electric conductor. This contributes to the extensive usage of gold in electronics such as circuits, dental fillings and more.

(4) Gold is homogeneous

One pure gram of gold is similar in value to the next gram. This makes it easy for people to ascertain gold’s value and utilizing it in trade and commerce.

Having understood the characteristics of gold, it is useful for us to understand WHERE gold is being supplied and HOW gold is being used in the world.

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Characteristics that make gold such a special commodity.

Supply & Demand of Gold

Have you ever wonder how is gold being supplied all around the world?

According to the World Gold Council (WGC), around 75% of the world’s gold demand is contributed by gold mining. Unlike paper money which can be printed with relative ease, the only known way to produced gold is to mine them.

That said, gold that is mined is usually not enough to meet the demand for gold. Hence, the remaining 25% of gold demand is met by the recycling of gold. These recycled gold supplies come mainly from jewelry (~90%) and gold extracted from technological hardware.

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Gold supplies all around the world

If that’s the case, WHO is buying gold around the world?

There has been 4 main use of gold worldwide.

The first use of gold, which takes up around 50% of the total demand, comes from (you’ve guessed it)jewelry.

This is followed by investment-related purposes (eg. Gold-backed ETFs), which contribute to around 25% of total gold demand. In addition, gold is also accumulated by central banks all around the world. This takes up around 13% of total gold demand.

Lastly, gold usage for industrial production takes up the rest of the demand.

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Gold demand around the world

Which country holds the most gold?

Now, as mentioned, gold is highly accumulated by the central banks of many countries. Gold is being held as part of a nation’s reserves, mainly due to gold’s nature as a safe haven asset and an effective diversification of their portfolio.

The role of gold to central banks (Source: World Gold Council)

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With that in mind, let’s make a smart guess before you proceed – which are the countries that hold the most gold?

As of October 2019, the United States holds the most gold in its national reserves (8133.5 tonnes!) – which takes up near to 78% of the total reserves. The far second is Germany with a total gold reserve of 3366.8 tonnes, making up 72.9% of the country’s total reserves.

Countries like China and India have a gold reserve of 1942.4 tonnes and 618.2 tonnes respectively, making up less than 8% of these countries’ total reserves.

Back in Malaysia, we are placed at 53rd (out of 100 countries) when it comes to our total gold holdings. This translates to a total gold holding of 38.9 tonnes – which is 1.8% of Malaysia’s total reserves.

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Malaysia is ranked #53 in global gold reserves.

Why invest in gold?

(a) Hedge against the drop in interest rate & geopolitical uncertainties

With global powerhouses like the US reducing its interest rate, it is inevitable that there will be a drop in return (or yield) of major bonds in the market. This will cause the return of bonds less attractive in the eyes of investors.

Adding on to various geopolitical uncertainties, this makes gold especially appealing as a safe-haven asset for institutions and retail investors alike in search of protection against uncertainties.

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(b) Portfolio Diversification 

Gold is also an effective instrument for you to diversify your investment portfolio. This is because, for the past 10 years, gold has almost no correlation (0.04) with the stock market movement.

In short, this means that gold price is generally not affected by the ups and downs in the stock market, making it a good wealth diversification vehicle.

Useful link: S&P 500 vs Gold price movement for the past 10 years

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There are many solid reasons to have gold as part of your portfolio

How can Malaysians Invest in Gold?

#1 Recommended – HelloGold 

HelloGold is a mobile app that allows you to buy and sell gold for as little as RM1. This is really a big plus point, considering that the other offerings in the market have a barrier of entry of a minimum of 1 gram of gold (~RM200). Some of the advantages of HelloGold are:

  • Low barrier of entry - Invest in gold starting at just RM1!
  • No-hassle account opening - The easiest way to get started in gold investing. Open your account via HelloGold's mobile app - no need to be physically present at counters to do so. 
  • Shariah-Compliant
  • Automated investment - If needed, you can automate your monthly gold investment via HelloGold’s SmartSaver plan.
  • Flexibility in managing your gold holdings - With HelloGold, you can buy and sell gold via the app anytime, and even send gold to your family and friends via the app.

This flexibility is a huge thumbs up considering that I used to have to visit the Maybank counter myself to withdraw my gold investment as a Maybank Gold Investment Account holder.

In terms of security, every gold bought is yours and is held at HelloGold’s vault provider in Singapore (which, you can redeem them if needed), and is well-insured by insurance company.

With that in mind, unless you really need to hold solid gold, I definitely recommend HelloGold to most people that are keen to invest in gold. 

 

#2 Physical Gold

Should you fancy physical gold bars and coins, you can also get them via sites like BuySilverMalaysia. That said, I personally feel that unless one has specific needs for physical gold, I do not recommend them due to safety and storage hassles. 

#3 Gold-backed Exchange Traded Fund (ETF)

TradePlus Shariah Gold Tracker (Code: 0828EA) is Malaysia’s first shariah-compliant commodity ETF that tracks the performance of gold. Essentially, think of it as investing in a fund that goes up and down with the price movement of gold.

With some fees, you can invest in gold without having to take care of physical gold. 

#4 Banks’ Gold Investment Accounts (GIA)

Alternatively, you can also purchase gold through banks’ gold investment account (eg. Maybank, CIMB). That said, GIAs usually charge a spread when you buy and sell gold.

Also, just a personal experience from using Maybank’s GIA: while I could purchase my gold online, I have to visit the counter should I wish to sell my gold holdings, which is a real hassle by today’s standard.

Note: (1) **Refer HERE (2) CIMB GIA has an annual fee of RM5 if year-end gold balance <5g (3) Details about Gold-backed ETF HERE

No Money Lah Verdict

With gold being an effective portfolio diversifier for your wealth, there is no doubt that one should accumulate gold as part of his or her portfolio.

However, the million-dollar question has yet to be answered: Is now a good time to buy gold?

In the next article, I will discuss about the price of gold and if it is a good time to invest in gold - Stay tuned!

Meanwhile if you like this article and would like to open a HelloGold account (and get RM5 off when you invest a min. of RM50, be sure to click HERE and use my referral code ‘CHIN012W’!)


Real Estate Investment Trusts (REITs) is one of my favorites to invest in, as they provide relatively stable dividends hence making them a great passive income source.

Click HERE to find out HOW you can pick and invest in quality REITs!


Disclaimer: This article is written based on my best research as of the time of writing, and should not be considered as a buy/sell recommendation. Please do your own due diligence and/or seek professional advice when making your investment decision.