Archive
April 2021
The Raiz-opaedia of Financial Language (A to C)
06-04-2021
At Raiz, we know there are many complicated investment and financial words that are not easy to understand. We want to help you learn slowly through some terms that you might have heard in social media, newspaper etc. Maybe you know all of them or you know none, but hopefully, this list can create a new level of understanding for you.
We know there might be a lot to take in, so we are splitting this A-Z Raiz-opaedia easy-to-read into few parts.
Part 1 (A to C):
Active Income
Hard-earned money received from performing a work such as salaries, wages (basically your ‘gaji’), commissions, and income from businesses you participate in.
If you're wondering, the money you receive from investments such as the dividend that Raiz investor just received on 1st April 2021 can be categorized as passive income.
Benchmark
A standard used as a way to measure an investment’s performance. For example, FBMKLCI is a benchmark for Bursa Malaysia. It provides a good overview of the overall Bursa Malaysia market performance.
Bond
A loan from investor to a company or government, so investors are paid interest over a specific time period. Just like when you borrow money and pay it back with interest.
[caption id="attachment_614" align="aligncenter" width="500"]
Bond[/caption]
Bucketing
Separating cash into different categories for specific purposes. This helps you to track your financial priorities.
[caption id="attachment_437" align="aligncenter" width="500"]
503020 Rule[/caption]
One example of bucketing is the 50/30/20 Rule. Your budget can be categorized into three simple buckets:
- Your necessities (50%)
- Your wants (30%)
- Your savings & investments (20%)
**Return estimated for the sake of simplicity as past performance is no indication of future performance.[/caption]
That concludes part 1.
Stay tuned for the next part of Raiz-opaedia easy learning!
Don’t have the Raiz App?
Download it for free in the App store:
March 2021
11-03-2021
1) Raiz portfolios are made of 3 ASNB funds;
[caption id="attachment_573" align="aligncenter" width="350"]
11-03-2021
1) Portfolio Raiz terdiri daripada 3 dana ASNB;
[caption id="attachment_578" align="aligncenter" width="350"]
02-03-2021
Dividen diisytiharkan setiap akhir tahun kewangan (jika ada). Sebilangan dana unit amanah mempunyai tahun kewangan berakhir setiap Disember, sebilangan lagi setiap Mac, sebilangan pada bulan Jun – ianya bergantung.
Portfolio Raiz terdiri daripada 3 dana ASNB;
[caption id="attachment_524" align="aligncenter" width="500"]
February 2021
‘Roller Coaster’ Pelaburan
23-02-2021
Bagi kebanyakan orang, pelaburan selalunya bercampur-baur dengan emosi. Apabila pasaran naik, perasaan teruja akan datang. Apabila pasaran turun, mudah untuk berasa kecewa.
Tiada manfaat untuk beremosi semasa melabur. Sekiranya pelaburan menurun, itu tidak semestinya bermakna berita buruk. Malah, ianya memberi peluang untuk membeli lebih banyak aset dengan harga yang lebih rendah.
Ini seiring dengan strategi klasik pelaburan ‘beli rendah, jual tinggi’.
Strategi ini mungkin tidak akan berjaya sekiranya anda melabur berlandaskan emosi. Oleh itu, sangat penting untuk mengawal emosi semasa melabur. Apabila pasaran merudum – dan ianya memang akan berlaku – ini mungkin masa terbaik untuk mempertimbangkan membeli tambahan aset daripada menjualnya secara panik. Sekiranya satu-satunya tindak-balas anda terhadap kejatuhan pasaran adalah ‘jual, jual, jual’, ada baiknya anda tidak menyertai pasaran saham.
Dalam jangka masa panjang, pasaran akan meningkat pulih semula (ya, ianya akan naik kerana ianya sebuah ‘roller-coaster’!). Bagaimanapun, risikonya adalah masa yang lama untuk pulih, dan anda mungkin terpaksa menjualnya sebelum ia sempat pulih.
Aplikasi Raiz membolehkan anda melabur secara automatik dan berkala. Ia sangat berguna untuk memastikan anda melabur tanpa mengikut perasaan, dan pada yang yang sama membolehkan anda melabur menggunakan Purata Kos Ringgit.
Maklumat Penting Maklumat di laman web ini adalah nasihat umum sahaja. Ini bermakna ia tidak mempertimbangkan objektif pelaburan, keadaan kewangan atau keperluan pelaburan seseorang. Sekiranya anda seorang pelabur, anda harus berjumpa dengan penasihat berlesen anda sebelum menggunakan apa-apa maklumat yang terdapat dalam artikel ini untuk memahami sepenuhnya manfaat dan risiko yang berkaitan dengan produk Raiz. Maklumat di laman web ini adalah sulit. Ia tidak boleh diterbitkan semula, diedarkan atau didedahkan kepada orang lain. Maklumat tersebut berdasarkan andaian atau keadaan pasaran yang berubah tanpa notis. Ini akan mempengaruhi ketepatan maklumat. Dalam apa jua keadaan maklumat yang akan digunakan oleh, atau disampaikan kepada, seseorang untuk tujuan membuat keputusan mengenai pelaburan di Raiz, prestasi pulangan masa lalu produk Raiz tidak boleh dijadikan panduan semasa membuat keputusan untuk melabur dalam Raiz dan bukan peramal prestasi masa depan yang baik. Iklan ini tidak disemak oleh Suruhanjaya Sekuriti Malaysia (SC).
The Investment Roller Coaster
23-02-2021
For most people, investing comes with a strong emotional attachment. If market goes up, it is easy to feel excited. If market goes down, it is even easier to feel frustrated.
However, it brings little benefit to attach ourselves emotionally to our investments. Because when investments go down, it does not necessarily mean a bad result. We actually have the opportunity to buy more of the assets, but now at a lower price.
This follows the classic investment strategy of ‘buy low, sell high’.
This strategy may not work if you are investing with emotions, hence it is so important to be in control of your emotions when investing. So that when the roller coaster happens – and it will happen – you can consider taking this opportunity to buy more instead of selling your investments in panic. If your only response to a falling market is ‘sell, sell, sell’, then perhaps you shouldn’t be in the market.
Eventually over the long-term, the market will go up again (it really will, because it’s a roller coaster!). The risk, however, is that the market could take longer than expected to recover, and you could be forced to sell before that time comes.
Raiz’s automated tools like recurring investments are so powerful because they help to remove the emotion that usually comes with deciding to make an investment, and at the same time allow you to Ringgit Cost Averaging into the market.
Don’t have the Raiz App?
Download it for free in the App store:Lebih 8,000 matawang crypto di dunia
16-02-2021
Sama seperti Ringgit, mata wang kripto adalah mata wang yang boleh digunakan untuk membeli barang dan perkhidmatan (tetapi tidak semua perniagaan menerima mata wang ini). Namun, mata wang tersebut adalah dalam bentuk digital. Ianya menggunakan teknologi yang dikenali sebagai rantaian blok, di mana lejar digital dan urus niaga direkodkan pangkalan data awam yang dikongsi oleh sebuah rangkaian computer. Sama seperti mata wang biasa seperti Ringgit, Dollar atau Yen, terdapat banyak mata wang kripto. Beberapa kripto yang biasa anda dengari dan didagangkan adalah Bitcoin, Ethereum dan XRP. Bitcoin, kripto terbesar dan paling lama, mungkin sudah menjadi pelaburan yang paling menguntungkan baru-baru ini. 6 bulan yang lalu, harganya sekitar RM40,000, dan semasa anda menerima e-mel ini, harganya sudah melebihi RM200,000! Namun demikian, ianya mungkin juga yang paling banyak mengalami turun naik harga secara mendadak. Harganya pernah turun sebanyak RM32,000 hanya dalam 24 jam bulan lepas! Oleh itu, pastikan anda tahu risiko pelaburan yang selesa untuk anda. Terdapat lebih daripada 8,000 mata wang kripto di pasaran, berbanding hanya 180 mata wang kertas. Nilai keseluruhan semua mata wang kripto ini berjumlah lebih daripada USD1.4 trilion (sekitar RM5.7 trilion, atau 62 kali ganda saiz Maybank, syarikat terbesar di Malaysia dari segi nilai pasaran). Adakah ianya patuh Syariah? Baca di sini. Digital Asset Exchanges (DAX) adalah platform di mana anda boleh memperdagangkan mata wang kripto. Anda boleh berdagang dengan (rakan seperjuangan kami!) DAX berlesen dan dikawal selia oleh Suruhanjaya Sekuriti Malaysia.Maklumat Penting Maklumat di laman web ini adalah nasihat umum sahaja. Ini bermakna ia tidak mempertimbangkan objektif pelaburan, keadaan kewangan atau keperluan pelaburan seseorang. Sekiranya anda seorang pelabur, anda harus berjumpa dengan penasihat berlesen anda sebelum menggunakan apa-apa maklumat yang terdapat dalam artikel ini untuk memahami sepenuhnya manfaat dan risiko yang berkaitan dengan produk Raiz. Maklumat di laman web ini adalah sulit. Ia tidak boleh diterbitkan semula, diedarkan atau didedahkan kepada orang lain. Maklumat tersebut berdasarkan andaian atau keadaan pasaran yang berubah tanpa notis. Ini akan mempengaruhi ketepatan maklumat. Dalam apa jua keadaan maklumat yang akan digunakan oleh, atau disampaikan kepada, seseorang untuk tujuan membuat keputusan mengenai pelaburan di Raiz, prestasi pulangan masa lalu produk Raiz tidak boleh dijadikan panduan semasa membuat keputusan untuk melabur dalam Raiz dan bukan peramal prestasi masa depan yang baik. Iklan ini tidak disemak oleh Suruhanjaya Sekuriti Malaysia (SC).
Investing is a Marathon, not a Sprint
Any marathon runner will tell you: Don’t think about all 42 kilometres at once - that would be too overwhelming. Instead, picture the race in shorter phases: 5km, 10km, or even one kilometre at a time.
This same philosophy can be applied when saving for your retirement life, especially when it’s still decades away. While the idea of saving a huge amount of money to retire comfortably may feel quite impossible, investing just RM150 or so per month in your 20s or 30s seems much more reasonable — and that still may get you to your desired savings goal by retirement age, provided you’re disciplined, start early, and hit your “splits,” as runners would say.
For the sake of simplicity, let’s set aside inflation, fees, taxes and dividends. Yes, those things are important, but it’s more important that you just get started, save regularly, and experience the power of compounding returns.
Here’s what this example could look like, assuming market returns of 7% p.a.**:
[caption id="attachment_442" align="aligncenter" width="908"]
**Return estimated for the sake of simplicity as past performance is no indication of future performance.[/caption]
Due to the power of compounding, if you were to invest RM1,000 every year for 30 years, assuming average returns of 7% p.a., that investment could grow to be worth RM94,461. That’s a total return of RM64,461.**
Okay, take a deep breath. We’re going to walk you through these targets and explain why they’re more reachable than you might think — and why, if you’ve hit 30 and haven’t saved that much, it’s not too late.
The first thing you’ll probably notice about this chart is that the growth in your money exponentially increases as time goes on. This is due to the power of compounding returns. You’ve probably heard about compounding before and understanding this concept can be super valuable for your finances. It’s often described as profit on profit, which means that if your money grows by 7% in a year, and you don’t withdraw any of that money, the next 7% you earn will be a larger Ringgit increase since it is growing from a larger base than the first year. This goes on and on, giving your money the potential to grow at an exponential rate, which explains the growth in our chart above.
The human brain is not good at estimating exponential growth, so a useful rule of thumb you can use is the rule of 72. This is a rough calculation of how many years it takes to double your money; just divide 72 by the rate of return. That is 72/7 = about 10 years to double.
With a disciplined and regular saving/investing strategy, it is entirely possible to start a humble retirement account in your 20s and 30s and still be on target to retire with a decent nest egg. You just have to hit your splits.
It is important to keep in mind that although 7% p.a. is a reasonable estimate for investment returns over the long term, it is by no means a guarantee. All investments carry risk, and it’s impossible to know the actual return you will make on your investments in the future.
Another thing to keep in mind about your contributions: As you get older, you’re likely to increase your income, so it wouldn’t be unrealistic to increase your monthly RM150 to something more substantial, adding more fuel to your marathon and potentially boosting your final retirement fund.
You can think about saving for retirement just like you would if training for a marathon. Instead of just waking up one day and trying to sprint 42km, you need to train, and start working on your financial fitness. With our Round-Ups and automatic investing features, you can hit your splits whilst living your everyday life.
There’s no denying the power of regular savings, time and compounding. A journey of a marathon begins with the first step. A journey to RM1 million begins with your first RM100 investment.
Don’t have the Raiz App?
Download it for free in the App store:
Dengan Raiz, anda boleh mengakses dan memuat turun PDF penyata anda dengan mudah.
Raiz secara automatik akan memberi anda penyata akaun bulanan dalam bentuk PDF. Untuk mengaksesnya, pergi ke My Settings > Statements.
Pada skrin Penyata ini, anda boleh memilih penyata bulan yang dikehendaki.
Peraturan 50/30/20 adalah panduan untuk merancang perbelanjaan anda agar dapat bersiap-sedia menghadapi keadaan masa depan yang tidak boleh dijangka.
Perbelanjaan anda boleh dikelaskan kepada tiga:
January 2021
Akhirnya, anda kini boleh melabur menggunakan kad debit mana-mana bank di Malaysia!
Hubungkan kad debit dari bank pilihan anda ke Akaun Pembiayaan anda. Hanya pilih dari senarai dan masukkan butiran kad bank anda.
Masih tidak pasti apakah perbezaan antara Akaun Pembiayaan dan Akaun Perbelanjaan? Teruskan membaca!
Akaun Pembiayaan (Funding Account)
Finally, you can now invest using any banks in Malaysia!
Just link your debit cards from your bank of choice to your Funding Account - simply select your bank from the list and key in your bank card details.
Ideas for your 2021 New Year’s Resolution
Around this time of the year, many people start to make resolutions – things they want to start doing or stop doing, to improve their life. It is not uncommon for saving and investing more to be in people’s top five resolutions.
Not sure what your new year’s money resolutions should be? Here are some ideas.
Commit to paying yourself first
When you get your paycheck, many people often spend first and then save what is left over. The problem with this is that it doesn’t guarantee any regular savings; your savings could become dependent on how much you spend each month (and often in an unplanned fashion).
In 2021, strategically pay yourself first by setting aside a fixed percentage of your income towards saving and investing (for example the 20% from your paycheck), and then spending with what is leftover.
If this is your resolution, then automation is your friend. You can set the money straight out of your spending account before you have a chance to spend it. Setting up a recurring deposit into your Raiz account is one way to do this.
Create (and stick to) a budget
The problem with most budgets is we often become disengaged with them, leading us to stray from their guidelines. A simple 50/30/20 budget can be a good strategy to start with budgeting since they are relatively straightforward and easy to follow.
It’s simple in principle and practice:
- Use up to 50% of your income for what you need
- Allow for up to 30% to spend on the fun stuff
- Save 20% for a rainy day, investing or your savings goal (like buying a house).
- Build an emergency fund – 2020 has shown us why having one of these can be so important.
- Save for a holiday – We all need one after 2020, fingers crossed more travel locations become available in 2021.
- Save for a house deposit – Buying a house is a big financial life decision. If you’re planning to buy in the future, the best time to start saving is now.
- Pay down any debt you have – It is simple, debt is not your friend if you’re trying to save.
- Save for retirement – If you don’t have any immediate money goals that come to mine, it’s generally a good idea to continue building up your retirement savings.
Don’t have the Raiz App?
Download it for free in the App store:December 2020
5 Easy Tips for Staying Money-Smart on Payday
Getting on top of your personal finances can be tough, and a common area where a lot of people fail is keeping their spending in check when payday rolls around.
That’s because when your salary lands in your bank account, it’s easy to spend too much and then not leave enough for savings and investing as well as all your fixed costs like rent and food.
But it doesn’t have to be this way. There are some easy tips you can follow to help manage your money around payday.
Change your payday habits
Managing your money at payday means having good routines in place. So, it’s a good idea to have a look at your usual spending habits at this time and see if anything needs to change. For instance, if you regularly spend half your pay on buying clothes online as soon as money lands in your bank account, then you probably need to reassess your spending in this area.
Indeed, if this sounds like you, it may be a good idea to schedule a different and less costly, or an activity you enjoy that won’t break your bank.
Get your priorities straight
Your spending priorities are also very important to get right on payday. Remember, if you want to manage your money smarter, and not get caught short before your next payday is due, it’s helpful to pay important things like mobile and internet, rent and insurances first.
Even better, why not consider setting up automatic deductions from your transactions account that can be timed for when your payday arrives. This will enable you to make important payments without having to lift a finger as well as more accurately budget.
Set initiative to saving
Living paycheck to paycheck makes saving money difficult as you either run out of cash before you have the chance to save, or you end up using your savings to cover regular bills.
Breaking this cycle can be tricky, but one option is to open a stand-alone savings account and then have a proportion of your salary automatically deposited into it.
What about emergencies?
Payday is not just about saving money or investing, it’s also about ensuring you’ll be okay if something unexpected happens. For many people, this means having an emergency fund.
When it comes to an emergency fund, how much you’ll need will differ depending on your particular circumstances. But even so, it’s a good idea to reserve some of your pay for unexpected shocks like a death in the family, a medical emergency or a one-off payment.
Want to invest? Think about automatic recurring deposits
Many people, especially millennials, want to get into investing, but may not think they have the money. This could be due in part to financial mismanagement at payday. However, the good news is that mobile apps like Raiz are making it easier than ever to invest and put your money to work.
Setting up a recurring deposit into your Raiz account on payday will automatically invest a portion of your paycheck as you go about your daily life, taking a lot of the hassle out of your hands and removing the need to make big decisions on payday.
Don’t have the Raiz App?
Download it for free in the App store:
Raiz Kids adalah kaedah mudah untuk menyimpan dan melabur secara berkala untuk si kecil anda.
Kami memahami bahawa kehidupan menjadi sibuk dan tidak teratur dengan si kecil. Bagi ibu bapa dan datuk nenek dalam komuniti Raiz kami, kami tahu bahawa tidak mudah untuk memulakan dan mengurus dana simpanan untuk mereka.
Apakah itu Raiz Kids?
Raiz Kids adalah cara mudah untuk menyimpan dan melabur untuk si kecil anda yang berumur di bawah 18 tahun. Raiz Kids bukanlah akaun yang berasingan. Ianya adalah sebahagian daripada akaun Raiz anda sebagai sub-akaun baru.
Sama seperti baki akaun Raiz anda, anda boleh membuat pelaburan melalui duit baki pembelian anda, auto-labur atau pelaburan sekaligus ke dalam Raiz Kids anda.
Bagaimana Raiz Kids berfungsi?
Raiz Kids berfungsi dengan menggunakan akaun Raiz anda yang sedia ada. Anda memilih sebahagian baki anda untuk disetkan sebagai simpanan Raiz Kids. Raiz Kids kemudiannya akan membahagikan simpanan tersebut secara sama rata kepada bilangan “kids” yang telah anda namakan.
Contohnya, jika anda memilih RM500 daripada baki akaun Raiz anda yang berjumlah RM1,000, 50% (RM500/RM1,000) daripadanya akan diletakkan dalam Raiz Kids. Apabila anda melabur RM10 secara berkala, 50% daripadanya (RM5) juga akan diletakkan dalam Raiz Kids.
Sebarang pelaburan berikutnya akan disumbangkan ke dalam Raiz Kids mengikut peratusan yang telah anda pilih pada awalnya.
Apabila anak anda mencapai usia 18 tahun, mereka kemudiannya dapat membuka akaun Raiz mereka sendiri. Anda mempunyai pilihan untuk simpanan Raiz Kids ini dipindahkan ke dalam akaun mereka. Jika tidak, dana ini akan kekal di dalam akaun anda - ia tidak akan dipindahkan secara automatik.
Apakah kelebihan menggunakan Raiz Kids?
Melalui Raiz Kids, anda dapat menerapkan falsafah Raiz yang sama iaitu pelaburan berkala secara automatik, lihat ia berkembang untuk anda dan si kecil tanpa memberi kesan kepada gaya hidup anda.
Bergantung kepada usia si kecil, anda boleh melihat anggaran matlamat simpanan si kecil apabila mereka mencapai umur 18 tahun.
Perlu diingat, prestasi masa lalu bukanlah petunjuk untuk pulangan masa hadapan. Namun, kami percaya pelaburan secara berkala adalah salah satu kunci untuk membina simpanan dalam jangka masa panjang.
Pelaburan Anda – Di Sebalik Tabir
Pernah tertanya-tanya apa yang terjadi kepada wang anda setelah debit kad anda dicaj? Jom kita tengok apa terjadi di sebalik tabir!
SEBELUM ITU, biar kami jelaskan bahawa anda hanya boleh melabur SELEPAS akaun anda telah disahkan. Untuk akaun anda disahkan, pastikan;
- Gambar kad pengenalan adalah jelas; dan
- Nombor bank akaun anda betul (dan ianya adalah akaun anda)
Maklumat Penting Maklumat di laman web ini adalah nasihat umum sahaja. Ini bermakna ia tidak mempertimbangkan objektif pelaburan, keadaan kewangan atau keperluan pelaburan seseorang. Sekiranya anda seorang pelabur, anda harus berjumpa dengan penasihat berlesen anda sebelum menggunakan apa-apa maklumat yang terdapat dalam artikel ini untuk memahami sepenuhnya manfaat dan risiko yang berkaitan dengan produk Raiz. Maklumat di laman web ini adalah sulit. Ia tidak boleh diterbitkan semula, diedarkan atau didedahkan kepada orang lain. Maklumat tersebut berdasarkan andaian atau keadaan pasaran yang berubah tanpa notis. Ini akan mempengaruhi ketepatan maklumat. Dalam apa jua keadaan maklumat yang akan digunakan oleh, atau disampaikan kepada, seseorang untuk tujuan membuat keputusan mengenai pelaburan di Raiz, prestasi pulangan masa lalu produk Raiz tidak boleh dijadikan panduan semasa membuat keputusan untuk melabur dalam Raiz dan bukan peramal prestasi masa depan yang baik. Iklan ini tidak disemak oleh Suruhanjaya Sekuriti Malaysia (SC).
Your Investment – Behind the Scenes
Ever wonder what happens to your money right after you have made your first deposit? Let’s take a look behind the scenes!
But BEFORE that, let’s be clear that you can only invest AFTER your account has been verified. In order to get your account verified, please make sure when you register;
- Your IC photo is clear; and
- Your bank account number is correct (and it is yours).
Don’t have the Raiz App?
Download it for free in the App store:
Special for this December, we have a double referral program as we would like to double your reward for introducing Raiz to your friends.
For every active referral, both you and your friend will receive RM10! (Normal: RM5)
This offer is for the whole month of December 2020.
Just make sure that they sign up using your unique link where you can find your unique link in the app at the bottom on the menu screen.
Home > Menu > Invite Your Friends
There are no limits on how many people you can refer, so feel free to invite as many people as you’d like!
We look forward to continuing building the Raiz community! None of this would be possible without you.
Thanks for your loyal support!
November 2020
Share Stories, Invite Friends, Get Extra Money!
As a Raiz investor, you have already begun your investment journey. You have experienced how by putting aside the spare change from your purchases or setting up recurring investment can bring you a step closer to financial freedom.
Well, now there is a way you can share this experience with your family and friends.
Over the years, many happy investors have joined Raiz through word of mouth. When you join Raiz, you get your referral link, which you can use to invite other people you know to sign up.
For each friend that you refer who starts investing with Raiz, Raiz will give you a referral bonus of RM5. How good is that?
Plus, your friend also gets a RM5 bonus, and as you know, every little bit helps, especially when first getting started. So, by referring your friends to Raiz, everybody wins!
If you think you have a friend or family member who might like to begin their own investment journey with the Raiz App, then we have made the process even easier. You can now refer them via your favourite social media channel, email, or just from within the app!
There’s no limit to the number of friends you can refer to Raiz, meaning there is no limit on the number of referral bonuses you can earn!
Here’s how simple it is:
Step 1: Make sure you have the latest version of the Raiz app.
Tap on the menu icon in the top left of the Welcome screen and select ‘Invite your friends’ to start referring!
Step 2: Share your unique invite link or QR code with your contacts, post your referral link to your favourite social media channels!
If you access your Raiz account via web browser instead of the app, you will find the same options available on the left-hand side of the screen!
What happens after I refer my friends?
Your friends will receive your unique referral link which will look something like this: https://links.raiz.com.my/A2BC
Your friends should use that unique referral link to begin creating their Raiz account.
When will my friend and I receive our referral bonus?
The referral bonus will be paid to you and your friend if:
- You hold an active Raiz Investment Account with a balance of at least RM5; and
- Your friend whom you refer makes a deposit and has a balance of at least RM5.
Want to refer your friends?
Get a RM5 bonus for every active referral:
Five ways to get better at managing your money
When it comes to managing your money, there are many quick and easy ways to start on the path to getting control of your finances. Here are five of the best:
- Use a financial calendar
- Create a budget
- Get smart on 'Hari Gaji'
- Consider micro-investing
- Get out of debt
Don’t have the Raiz App?
Download it for free in the App store:
Apakah pelaburan duit baki?
Pelaburan duit baki (selain pelaburan sekali gus dan pelaburan berulang) adalah ciri utama Raiz untuk membantu anda menyimpan dan melabur tanpa mengubah gaya hidup anda. Ianya automatik dan mudah! Kami memberi tumpuan kepada duit baki kerana kami ingin menanamkan tabiat menyimpan dan melabur supaya anda dapat mengekalkan momentum tersebut!
Bagaimanakah ia berfungsi?
Begitu mudah!
1. Pertama, pautkan kad debit Maybank anda ke Raiz.
* buat masa ini, hanya kad debit Maybank boleh digunakan. Kami sedang berusaha keras untuk memasukkan kad debit, kad kredit, e-dompet dan akaun simpanan bank lain dari semasa ke semasa.
2. Seterusnya, berbelanjalah seperti biasa dengan kad debit Maybank anda. Raiz kemudian akan membundarkan setiap pembelian anda ke Ringgit yg berikutnya dan melaburkan duit baki tersebut ke dalam akaun pelaburan Raiz anda.
Contohnya, anda membayar secawan kopi dengan harga RM8.90 menggunakan kad debit anda, kami akan bundarkan ke RM9.00 secara automatik - jadi duit baki anda ialah 10 sen.
Anda membeli barangan runcit sebanyak RM55.20 – duit baki anda ialah 80 sen.
Kami akan terus membundarkan setiap pembelian anda. Kami akan mengumpulkan duit baki tersebut terlebih dahulu (secara maya!), dan apabila duit baki terkumpul telah mencapai sekurang-kurangnya RM5, kami akan mengambil jumlah tersebut dari bank anda, dan melaburkannya! Mudah bukan!
3. Sekarang, duduk berehat dan lihatlah bagaimana ia meningkat dari semasa ke semasa. Sambil anda berbelanja, anda menyimpan dan melabur!
Cubalah!
What is spare change investment?
Spare change investment (apart from one-lump sum and recurring investment) is Raiz’s main feature to help people to save and invest in the background of life. It is automatic and effortless! We focus on spare change because we want to instil your saving and investing habit so that you can keep the momentum going!
How does it work?
Easy!
1. First, link your Maybank debit card to Raiz.
2/11/20
George Lucas, Raiz Group CEO
Global equities have just suffered their worst week since the market volatility in March when investors finally realised the full health and economic consequences of COVID-19. The market is attributing the sell-off to caution over the escalation in coronavirus cases and the US election, with the US tech titans the latest casualties in this selling.
I believe it is more about the election than the new wave of coronavirus sweeping the US and Europe, with the presidential and congressional polls probably creating an uptick in financial market volatility this week.
In my opinion, the key will be who wins the US Senate.
If the Democrats win the Senate and keep the House, then I believe the markets will rally on this new political reality no matter who is elected President. This is because a Democratic Senate and House will pass a larger fiscal stimulus package than if the Senate remains Republican. If it remains Republican then a larger stimulus package will be difficult to pass no matter who is President.
If there were real concerns about slowing global growth, due to upticks in coronavirus cases in Europe and the US, it would have been seen in the energy market, which has been volatile but nothing like the sell-off that occurred in March. We also have not seen an uptick in gold; it continues to trade below its August highs.
It will be a choppy week for the markets as the US election approaches – not a time for hasty decisions. So stick to your investment strategy. The markets will remain focused on what could go wrong rather than what could go right – and a lot could still go right.
October 2020
A “round-up” allows investments to happen automatically, in the background of your life. Round-Ups is the virtual spare change captured from rounding up your transaction to the nearest Ringgit. When you link your bank accounts to your Raiz account, we track the spare change from your transactions you make via debit card linked to the bank account, and make it available for you to invest.
2. One-Time Investment
Want to Save Money? Here are 4 Easy Tips
Saving can be tough in this current environment, but that doesn’t mean you should give up on building a financial back up for you and your loved ones.
While growing your savings surely takes a large effort, there are some simple ways to start on the path to financial security.
1. Get on top of your budget
There’s little chance you’ll be able to save much money if you’re not keeping good track of your cash. Therefore, it’s important to create a budget — and stick to it.
When it comes getting your budget started, kick things off by looking at your income and expenses. Once you’ve established your income —your salary and other types of money gains — figure out what you’re spending that money on. This includes fixed costs like rent and food as well as optional spends such as entertainment and non-essential shopping.
2. Cut your expenses where you can
There’s no point in just knowing where you’re spending your money – that’s only half the battle. The key is cutting spending so you can allocate more money to your savings. Although depending on your situation during the current economic environment, it may be a much harder time than usual to do this.
Some common strategies include seeking out better deals on your regular payments — things like phone bills. It could also pay off to switch to cheaper brands of clothing and food or cut down on under-utilised subscription services like Netflix.
3. What about investing?
The Raiz Philosophy is to invest small amounts regularly, even in falling markets as this can help you to ride out the downturns in the market and is one of the keys to having a healthier balance over the long run. This principle is known as Ringgit Cost Averaging.
Compounding happens when you let the returns on an investment build up so that you are earning a return on your return. Given enough time to work its magic, it provides the potential to reach a stage in your life where your money is working hard enough to provide a substantial part of your income.
4. Build an emergency fund
Building your savings should be about achieving your financial goals, but don’t forget to also prepare for when times get tough – the current coronavirus pandemic for example. This is where an emergency fund can be super helpful. Click here to learn about the 3 steps to build up your emergency fund.
Depending on your situation, you may need to build a big emergency fund or one that just needs to get you through a few weeks without a regular income.
Whatever you may need money for down the track, it makes sense to prepare for a financial back up in order to soften the unexpected bumps along the road.
Don’t have the Raiz App?
Download it for free in the App store:
It’s more important than ever to have emergency savings. Let’s do it.
Hope you’re enjoying being part of Raiz. We also have a referral program as we would like to reward you for introducing Raiz to your friends.
For every active referral, both you and your friend will receive RM10! This offer will last until 30 September 2020.
Just make sure that they sign up using your unique link where you can find your unique link in the app at the bottom on the menu screen.
Home > Menu > Invite Your Friends
There are no limits on how many people you can refer, so feel free to invite as many people as you’d like 😊
We look forward to continuing building the Raiz community! None of this would be possible without you.
Thanks for your loyal support!
June 2020
What is My Finance?
Need an easier way to understand your finances? My Finance is a free-to-use feature within the Raiz app. It provides you with personalised insights and notifications on how you are spending. Spending is the other side of the equation when it comes to saving so by spending less, you can potentially save more…. Keeping a handle on how spending can help you meet your savings goals.
In addition, we have harnessed machine learning & artificial intelligence into the feature so that it will provide you with tips & insights relevant to you – about your spending habits and where you may have saving opportunities.
[caption id="attachment_113" align="aligncenter" width="244"]
My Finance Tip[/caption]
How it works
To use My Finance, please make sure you link up your spending accounts as this is how My Finance will be able to provide you personalised insights. The more up to date your My Finance is with categorised spends and linked accounts, the more accurate this will be.
[caption id="attachment_115" align="aligncenter" width="244"]
Link your spending accounts to see where you spend[/caption]
Check out ‘Uncategorised’ tab in My Finance
Check out the ‘Uncategorised’ tab within ‘Categorise Transactions’ to categorise any that My Finance was unable to. My Finance will then learn to categorise this in the future and give you better insights, powered by machine learning technology.
You are also able to change categorised transactions that we may have categorised wrong at any time by tapping on ‘All’ and the specific transaction you’d like to change. It will also fix up past transactions and My Finance will learn to categorise this in the future as well.
[caption id="attachment_116" align="aligncenter" width="244"]
Check out the ‘Uncategorised’ tab within ‘Categorise Transactions’[/caption]
Future Cash
My Finance also projects your future free cash based on your past spending and income, which may also help you determine if you are spending above your means or if you can save more.
[caption id="attachment_117" align="aligncenter" width="244"]
Project your future free cash[/caption]
Investing in Raiz Portfolio - Is it Syariah-Compliant?
31 Mei 2020
by Aidi Izham, CFP®, MIFP
What determine an investment, "a syariah-compliant investment”?
All Raiz investment portfolios are investing in unit trust funds managed by Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary company of Permodalan Nasional Berhad (PNB).
The funds have invited two views;
FIRST, from the Securities Commission Malaysia (SC), the statutory body that is responsible to regulate and develop the Malaysian capital market -- the funds are NOT considered compliant.
Why?
Mainly because PNB’s strategic investment in Maybank, considered a non-syariah compliant financial services stock. For SC to say a fund is compliant, they look at the business activity benchmarks and financial ratio benchmarks, while at the same time account for qualitative aspect which involves public perception or image of the company’s activities.
However, the SECOND view coming from the Islamic local councils in Malaysia, both at state (Jawatankuasa Fatwa Negeri) and federal level (Jawatankuasa Fatwa Majlis Kebangsaan) -- the funds are “harus”, for these obvious reasons;
- PNB’s mandate is to enrich the lives of the Bumiputeras, which majority are Muslims. PNB has some 14 million unitholders, of which about 80% are Bumi.
- PNB does not invest in “haram” shares” such as alcohol, gambling or tobacco stocks.
- There are limited number of syariah-compliant equity instruments on Bursa Malaysia considering how much money PNB has to invest -- PNB has RM312 billion to invest, but Syariah-Compliant securities on Bursa Malaysia is only RM1.1 trillion (as at 31 Dec 2019).
- If PNB pulls out its share from Maybank due to its non-syariah compliance, that would have a major negative economic impact on Bumi Muslims.
- If PNB did not have majority shares in Maybank, for instance, it will lessen the acceleration of Islamic finance in the country – Maybank Islamic is the largest Islamic banking group in Malaysia and ASEAN by assets.
- From the SC – the funds are not Syariah-compliant
- From the Jawatankuasa Fatwa – the funds are “harus”
- There is no force if one wishes to invest or, indeed, to not invest at all. That’s why the principles of needs (hajiyyah) provide a certain flexibility and freedom (although not absolute) for the individual to choose.
Don't have the Raiz App?
Download it for free in the App store:May 2020
Melabur dalam Raiz - Patuh Syariah ke?
31 Mei 2020
oleh Aidi Izham, CFP®, MIFP
Apa yg menentukan sesuatu pelaburan, “patuh Syariah”?
Semua portfolio pelaburan Raiz adalah di dalam dana-dana unit amanah Amanah Saham Nasional Berhad (ASNB), anak syarikat milik penuh Permodalan Nasional Berhad (PNB).
Tidak dinafikan, dana-dana tersebut ada dua percanggahan pendapat tentang status “patuh Syariah” nya.
PERTAMA, daripada Suruhanjaya Sekuriti Malaysia (SC), badan berkanun yg bertanggungjawab mengawal selia dan membangunkan pasaran modal Malaysia – dana-dana tersebut TIDAK diberikan status “patuh Syariah”.
Kenapa?
Kerana pegangan pelaburan strategik PNB dalam syarikat perbankan terbesar Malaysia, Maybank (KLSE:MAYBANK), yang dianggap saham perkhidmatan kewangan tidak “patuh Syariah”. Untuk SC memberi status Syariah kepada sesuatu saham atau sekuriti, SC melihat kepada tanda aras aktiviti perniagaan (business activity benchmarks) dan tanda aras nisbah kewangan (financial ratio benchmarks). Selain itu, aspek kualitatif yang melibatkan persepsi umum atau imej aktiviti syarikat turut diambil kira.
Bagaimanapun, pendapat KEDUA daripada Jawatankuasa Fatwa negeri-negeri dan juga Jawatankuasa Fatwa Majlis Kebangsaan bersepakat bahawa dana-dana ASNB “harus” hukumnya, atas beberapa sebab jelas berikut;
- Mandat PNB adalah untuk memperkayakan kehidupan semua rakyat Malaysia dan Bumiputera khususnya yg majoritinya beragama Islam. PNB memiliki lebih 14 juta pemegang unit, di mana kira-kira 80% adalah Bumiputera.
- PNB tidak melabur dalam sektor yang berkaitan secara langsung dengan perkara-perkara haram seperti arak, judi dan rokok.
- Saiz ekuiti patuh Syariah di Bursa Malaysia adalah terhad, terutamanya sektor perkhidmatan kewangan, apabila diambil kira amaun yg perlu PNB laburkan – saiz asset PNB ialah RM312 bilion, tetapi pasaran modal patut Syariah di bursa Malaysia hanya RM1.1 trillion (setakat 31 Dec 2019)
- Dari SC – dana-dana ASNB TIDAK diberi status “patuh Syariah”
- Dari Jawatankuasa Fatwa – HARUS
- Tiada paksaan jika seseorang itu berhasrat untuk melabur, atau tidak sama sekali. Oleh kerana itu, prinsip hajiyyah (kemudahan) memberi kemudahan dan kelapangan dalam kehidupan sehari-hari. Ketiadaannya tidak akan menjejaskan kehidupan tetapi juga akan menyebabkan sedikit kesulitan.
Maklumat Penting Maklumat di laman web ini adalah nasihat umum sahaja. Ini bermakna ia tidak mempertimbangkan objektif pelaburan, keadaan kewangan atau keperluan pelaburan seseorang. Sekiranya anda seorang pelabur, anda harus berjumpa dengan penasihat berlesen anda sebelum menggunakan apa-apa maklumat yang terdapat dalam artikel ini untuk memahami sepenuhnya manfaat dan risiko yang berkaitan dengan produk Raiz. Maklumat di laman web ini adalah sulit. Ia tidak boleh diterbitkan semula, diedarkan atau didedahkan kepada orang lain. Maklumat tersebut berdasarkan andaian atau keadaan pasaran yang berubah tanpa notis. Ini akan mempengaruhi ketepatan maklumat. Dalam apa jua keadaan maklumat yang akan digunakan oleh, atau disampaikan kepada, seseorang untuk tujuan membuat keputusan mengenai pelaburan di Raiz, prestasi pulangan masa lalu produk Raiz tidak boleh dijadikan panduan semasa membuat keputusan untuk melabur dalam Raiz dan bukan peramal prestasi masa depan yang baik. Iklan ini tidak disemak oleh Suruhanjaya Sekuriti Malaysia (SC).
April 2020
The Raiz Philosophy - Investing Small Amounts Regularly
What is Raiz Philosophy? (Ringgit Cost Averaging)
The Raiz Philosophy is to invest small amounts regularly. While this can’t eliminate market uncertainty, the Raiz Philosophy can help manage it, and at the same time help you learn about the markets, build financial confidence or just save and invest in the background of life. This is the well-known investment strategy, Ringgit Cost Averaging. Raiz automates the strategy and does it more frequently, with the average Raiz customer investing at least once a week. By investing small amounts regularly, the Raiz philosophy protects your investments from emotion. If prices go up, you buy fewer of the now more expensive shares and, if they go down, you buy more of the now cheaper shares. It’s an automated, disciplined approach to investing for the long term. Studies suggest that losses are twice as powerful, psychologically, as gains, leading this type of investment mindset to be more likely to make the mistake of needlessly selling holdings and switching to cash in a down market. By avoiding the media hype or fear in picking the ‘right time’ through regular contributions, investors can avoid both the euphoric and depressive investment traps. On average a Raiz customer saves RM150 a month with the average balance of a customer is RM1,250. In 2007, Buffett bet a New York hedge fund $1 million that his simple, low-cost investing strategy would outperform the hedge fund industry over 10 years. And he won. Stick to your savings plan and invest small amounts regularly, no matter the market condition. By protecting your investments from emotion, the Raiz Philosophy is one of the keys to helping you and our community to better reach your financial goals and enable a healthier balance over the long term. Remember: “The best time to plant a tree was 20 years ago. The second best time is now.” Any returns shown or implied in this article are not forecasts and are not reliable guides of future performance.Don't have the Raiz App?
Download it for free in the App store:The Advantages of Ringgit Cost Averaging
Markets go up and markets go down. This is completely normal and is known as market volatility or risk. The Raiz Philosophy is to invest small amounts regularly, even in falling markets as this can help you to ride out the downturns in the market and is one of the keys to having a healthier balance over the long run. This is the well-known principle of Ringgit Cost Averaging.
How does it work? For example, say you have RM1,000 to invest. Instead of investing it all at once, you could invest RM100 each month into the market for 10 months, despite the changes in the market value.
If for example the stock of choice was priced at RM10 the first month, you would purchase 10 units. If during the second month the stock was priced at RM5, you would purchase 20 units, and so on.
In the end, you would have purchased more shares when prices were lower and fewer shares when prices were higher. The outcome is that you may have invested more prudently than simply investing the money all at once in a lump sum.
Let’s look at the other key advantages to sticking with Ringgit Cost Averaging (RCA):
Avoids Bad Timing
Investing in one lump sum and trying to pick the best price to enter the stock is known as market timing and is something very difficult to do and get right. If an investor could have any superpower in the world, it would be to pick the low points of the market. Many have tried, succeeded and failed but no one knows exactly when the lows and highs will happen, and no one can stop unwanted surprises from happening. Ringgit Cost Averaging can provide a disciplined strategy as it ensures you are not too exposed to falls in the market when you buy at the top; and rewarding you when the market recovers, for buying when the market was falling. By not depending on the timing, RCA can smooth out the market’s ups and downs.Reduces Risk
Ringgit Cost Averaging is most effective in a long-term saving strategy. As the market moves up and down, ringgit-cost averaging over time reduces your risks of trying to pick the best times to invest from these swings. By viewing falling markets as buying opportunities, you can significantly enhance your long-term return potential when the market rebounds.Removes Emotional Investing
People often make decisions based on emotion or loss aversion. Loss aversion refers to an investor’s tendency to strongly prefer avoiding losses to acquiring gains. Studies suggest that losses are twice as powerful, psychologically, as gains, leading this type of investment mindset to be more likely to make the mistake of needlessly selling holdings and switching to cash in a down market. By avoiding the media hype or fear in picking the ‘right time’, investors can avoid both the euphoric and depressive investment traps. Ringgit Cost Averaging strategy is in line with the Raiz’ philosophy and provides a disciplined strategy. “We don’t have to be smarter than the rest, we have to be more disciplined than the rest.” – Warren BuffettDon't have the Raiz App?
Download it for free in the App store:February 2020
