January 2021
Akaun Pembiayaan kini tersedia untuk semua bank!
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)
  • Akaun Pembiayaan digunakan untuk membiayai pelaburan anda.
  • Setiap kali anda membuat pelaburan, kad debit anda yang telah dihubungkan kepada Akaun Pembiayaan akan dicaj.
  • Anda boleh menghubungkan kad debit yang dikeluarkan oleh mana-mana bank di Malaysia.
Akaun Perbelanjaan (Spending Account)
  • Akaun Perbelanjaan digunakan untuk rekod transaksi pembayaran untuk pembundaran (‘round-ups’). Setiap kali anda membuat pembayaran menggunakan kad debit anda, Raiz akan merekod dan membundarkan pembayaran tersebut, seterusnya melaburkan duit baki itu secara automatik.
  • Buat masa ini, anda hanya boleh menghubungkan kad debit Maybank.
Selamat melabur!  
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).
Funding Account is now made available to all banks!
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.   Still a little bit unsure what is the difference between Funding Account and Spending Account? Keep on reading!  Funding Account 
  • This is where your money to invest comes from. Whenever you make an investment from the Raiz app, your debit card linked to your Funding Account will be charged a corresponding amount. 
  • You can link debit cards issued by any banks in Malaysia. 
Spending Account 
  • This is where your purchases are tracked for round-ups. Every time you make purchases using your debit card, Raiz will round-up that purchases and invest the spare change automatically. 
  • Now, you can only link Maybank debit card. 
 Happy investing!  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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). 
These numbers are not necessarily fixed; however, they provide a strong foundation for building healthy financial habits to help you achieve your goals.    Choose a savings goal and start working towards it  The previous tips are good behavioural changes to help you start managing your money better and saving more. However, it’s also good to have a goal to work for it. Some common savings goals you could consider are: 
  • 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. 
  Challenge yourself to save RM1,000 in a year  RM1,000 sounds like a lot, but for a year, this isn’t too difficult to achieve. We all like a challenge to get fit, lose weight or to meet another goal. Saving and investing is no different.  If you save just RM20 per week, you’ll put away RM1,040 in a year. If you have not already set up a recurring deposit or savings goal with Raiz, then setting one up and investing RM20 weekly into your Raiz account could help you achieve this.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
December 2020
16 Simple Saving Tips for the New Year
With the new year upon us, it’s easy to say “I will save more this year” but what you might not have brainstormed is “How can I save more this year? What are the practical ways to go about it?” The good news is that even small efforts can add up to big savings over time. No matter what you’re saving money for —whether it’s to reach a savings goal, pay off debt faster or plan ahead for a holiday or first home—these simple suggestions will help you get there faster. With 16 simple suggestions, there is surely at least one that would suit you and will help you stick to your goal or resolutions this year!
  1. Treat yourself to a birthday freebie. Most restaurants, if you tell them it’s your birthday, will give you a little something just for dining with them. The key is signing up to be a member early. 
  2. Raid your drawers for unused gift cards. If you probably won’t put them to good use, re-gift or sell them. 
  3. Cancel unused subscriptions for magazines, gym memberships, for example. 
  4. Turn off the tap when you brush your teeth. This can save 5,000L per year, cutting down your utility bill. Also, take shorter showers. 
  5. Unplug your laptop and other appliances when you aren’t using them. Leaving your computer on all day could add up to hundreds of ringgit in a year. 
  6. DIY when it makes sense. Doing major repairs on your own won’t save you money if you end up having to pay a pro to fix your shoddy work. 
  7. Make a list before hitting the store and stick to it—and avoid grocery shopping when you’re hungry and more likely to make impulse buys. 
  8. Buy for a discount when you’re shopping for big-ticket items like furniture or appliances. 
  9. Borrow. A friend may own a black-suit outfit you can wear to an upcoming event.
  10. Get books at the library instead of purchasing your own copies. 
  11. Buy everyday items like vegetables and baby diapers in bulk. 
  12. Make your own coffee, saving you up to RM10 per drink. 
  13. Commit to bringing your lunch just one more day a week. 
  14. Look for alternative activities in your city, like morning workouts in public parks as opposed to subscribing to a gym membership. 
  15. Volunteer. It’s a free meaningful activity and will make you feel good too.
Finally,
  1. Create savings goals on your Raiz Account. It’s an easy way to measure your progress and make quick adjustments.
By automating and naming your savings goal, this will help to reach your goal easier. With our Savings Goal feature, you can set a recurring investment in-line with your payday. Raiz also allows you to customise investing daily, weekly, fortnightly or monthly.  You can customise the goal name to keep you focused on what you are trying to achieve.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Raiz Kids: Melabur untuk Masa Depan Si Kecil Anda!
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.    
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).
Raiz Kids: Invest in Your Kid’s Future!
Raiz Kids is a simple way to save and invest small amounts regularly for your children and/or dependents.  We understand that life gets busy and messy, especially when you have little ones. For the parents and grandparents in our Raiz community, we know it is not simple to get started on a savings fund for your kids.   What is Raiz Kids?  Raiz Kids is a simple way to save and invest for your children and/or dependents who are under the age of 18. Raiz Kids is not a separate account for your child. Instead, Raiz Kids sits within your current Raiz account as a feature in the menu.  Just like your Raiz account balance, you can invest your spare change from everyday purchases, set up a recurring or lump sum deposit towards your Raiz Kids.   How does it work?  Raiz Kids works by using your pre-existing Raiz account. Through the Raiz app on your mobile or desktop, you can select the portion of your balance that goes towards the Raiz Kids saving goals. At any time, you can split the portion of your current balance to Raiz Kids. Raiz Kids will then equally split among the dependents you have added.  For example, if you select 50% of your total balance to go towards your Raiz Kids and your balance is RM1,000, then RM500 will go towards your Raiz Kids goals. If you then put in RM10 recurring deposit, 50% of this (RM5) will also go towards the Raiz Kids goals.  Once your Raiz Kids reach the age of 18, you will then have the option of these savings to be transferred into their Raiz account. Otherwise, the money will remain within your Raiz account until you request a transfer.

Why use Raiz Kids? 

With Raiz Kids, you can apply the same Raiz philosophy of investing small amounts regularly, watching it grow for you and your children in the background of life. Learn to save and invest without affecting your lifestyle by automatically saving and investing small amounts for your kids in the background of life with Raiz Kids!  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Could compounding interest (or compounding profit) truly be the eighth Wonder of the World?
While most of us cannot access the seven wonders of the World in the immediate future, we can still access the eighth wonder of the world, compound interest (or compound profit).  This is according to Albert Einstein, who said (allegedly) “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” Imagine you’re out with your friends for lunch, and the queue for a delicious RM10 meal looks rather long. Your friend might say “I am willing to stand in the queue to get the food, but you need to pay me 5% interest per minute until the food is ready.” You agree to these terms for a bit of fun, but the food takes almost 15 minutes to be ordered and made. Guess what? You just paid 200% the initial value of the item, and kindly bought your friend’s lunch. What a good friend you are!  But why did the interest cost so much in just 15 minutes? Compound interest is to blame (or thank from your friend’s perspective).  With compound interest, interest is calculated on the initial principal (i.e. the cost of the food) plus any previously accrued interest; So, after the first minute, you would pay 5% of RM10 (50 cents) in interest.  The second minute, you pay 52.5 cents, since the 5% rate is applied to the new total of RM10.50.   With each subsequent minute, the amount of interest paid grows, and after just 15 minutes the original RM10 debt will have doubled.   Like Albert says, those that understand compound interest earn it, and those that don’t, pay it. Compound interest works against you when you are paying it to others, usually in the form of debt, but when you are earning compound interest, like through a savings or investment account, the potential for growing your money begins to shine. Just like how interest can compound, so too can your investment returns.  While the food example is a bit of fun and jest, imagine the same situation with your hard-earned money. With markets often returning a long-term average of around 5% per annum, over a normal market cycle, one could expect to have double their initial funds after a period of 14 to 15 years.  However, markets can be unpredictable, and with past performance not being a reliable indicator of future performance, it’s not guaranteed that your investment would double after 15 years.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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;
  1. Gambar kad pengenalan adalah jelas; dan
  2. Nombor bank akaun anda betul (dan ianya adalah akaun anda)
Jika tidak, transaksi anda akan tertera sebagai “Pending”. Selepas akaun anda disahkan dan anda telah membuat deposit pertama; 1. Kad debit anda dicaj. Kami akan menerima wang anda pada hari bekerja yang berikutnya. Pada ketika ini, duit anda sudah ditolak, tetapi ianya masih dipegang oleh bank anda. Di dalam aplikasi Raiz anda, transaksi ini akan tertera sebagai “Processing” dalam skrin “Past”. 2. Pada pagi hari bekerja berikutnya, bank anda akan menghantar wang anda kepada Penjaga atau “Custodian”. “Custodian” bertanggungjawab untuk menjaga wang anda. 3. Raiz akan meminta “Custodian” untuk membeli unit amanah saham daripada ASNB. Di dalam aplikasi Raiz anda, transaksi ini masih akan tertera sebagai “Processing” dalam skrin “Past”. 4. ASNB akan memberi pengesahan pembelian unit anda (ini akan berlaku pada petang hari yang sama). Sebaik sahaja kami mengemaskini pembelian tersebut di dalam sistem kami, status “Processing” pada transaksi anda akan hilang. Ini bermakna pelaburan anda sudah berjaya dan akan dikemaskini di “Investment account value” pada “home screen”.   Anda masih mempunyai soalan berkenaan pelaburan anda? Hubungi kami di
help@raiz.com.my.  
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 pelaburanda 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;
  1. Your IC photo is clear; and
  2. Your bank account number is correct (and it is yours).
Or else, you will see your transaction as “Pending”. After your account has been verified and you have made your first deposit; 1. Your debit card is charged. But your money does not reach us immediately! It will only reach us the next working day. At this stage, your money has been taken out from your bank account, but it is still with your bank. Your app will tell you that your transaction is “Processing” in the “Past” screen. 2. The next working day, your bank will transfer your money to our Custodian in the morning. The Custodian is responsible to safeguard your money. 3. Raiz will then instruct the Custodian to purchase units from ASNB. Note that your transaction status is still “Processing” at this stage. 4. ASNB will then give the confirmation that your units have been purchased (this usually happens on the same day, but later in the evening). We will then update it in our system. As soon as we do that, your “Processing” status will disappear – this means that your investment has been confirmed! You will now see your investment account value on the home screen. Still have some questions about this? Please reach out to us by writing to
help@raiz.com.my.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Double Referrals in December!
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!  

Want to refer your friends?

Get a RM10 bonus for every effective referral:
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.  
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 channelemail, 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: 
  1. You hold an active Raiz Investment Account with a balance of at least RM5; and
  2. Your friend whom you refer makes a deposit and has a balance of at least RM5.
Once you and your friend has met the conditions above, you will both receive the RM5 referral bonus automatically into your Raiz accounts within 4 business days.  For more details, you can also refer to our 
Platform Agreement.  

Want to refer your friends?

Get a RM5 bonus for every active referral:
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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:   
  1. Use a financial calendar
A big part of money management is getting better at planning your finances. So, if you find it difficult to stay on top of your rent payment obligations or your bank account is running low, consider setting appointment reminders for these important money matters in the same way you would for other key dates like a car service, or a doctor’s appointment. That way, you don’t have to rely entirely on your memory.    
  1. Create a budget
Living within your means is super important if you want to take control of your financial future. This is where having a budget comes in because it can provide a useful personal insight into how you allocate your funds. Start by dividing your budget up into income and expenses so that you can see how you’re placed when it comes to money that’s flowing into your accounts as well as your expenses, or outgoings. From there, you can create goals, adjust your habits if necessary, and check in regularly to make sure you stay on track.  The
My Finance feature in the Raiz App can assist with this.    
  1. Get smart on 'Hari Gaji'
It also makes sense to look at your routine on payday, especially if you tend to blow a lot of cash as soon as it lands in your bank account. Examine your spending habits around payday by listing all your purchases and see where you can change it up to save money. For instance, if you tend to shop on new clothes or expensive food when you get paid, consider scheduling a less expensive activity or dining option instead. By being a bit smarter with your money, you can still have fun and you’ll no longer be living paycheck to paycheck.  It is also wise to save on the day you get paid. One way to do this is by setting up a recurring deposit inside the Raiz App to sweep money from your bank account into your Raiz account before you spend your paycheck on unnecessary items elsewhere.    
  1. Consider micro-investing
Another way to make small amounts of money go a long way is by using a micro-investing app like Raiz. Our smartphone app enables you to grow your money by investing spare change automatically from everyday purchases.  By “rounding up” your everyday purchases, we can help you make your spare change go further, with the aim being that you invest small amounts of money on a regular basis so that over time, your small investments add up to a lot. You can also set up recurring deposits and savings goals which will automatically invest a set amount daily, weekly, fortnightly or monthly.    
  1. Get out of debt
It’s hard to get on top of your finances when you’re surrounded by debt. Interest rates on things like credit cards, personal loans and car loans are often high and servicing them can be a roadblock on your path to better money management.  Here, consider starting by paying off small debts first to get confidence to tackle the bigger ones. You could setup a goal inside the Raiz App to assist in meeting your target to pay off a debt. We know it can be hard, but even taking small steps can add up over time.  It’s also a good idea to look at your spending habits to see if there are items you can eliminate as well as changing the behaviours that got you into debt in the first place.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Bagaimana Pelaburan Duit Baki atau Auto-bundar (Round-ups) Berfungsi
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!  
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).
How Spare Change Investments or Round-ups Work
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. * for now, this only works with Maybank debit card. Rest assured, we’re working hard to include other banks’ debit card, credit card, e-wallet and savings accounts from time to time.   2. Next, make your normal purchase with your Maybank debit card. Raiz will then rounds up that transaction to the next Ringgit and invests the spare change into your Raiz investment account. Example, if you pay for a cup of coffee for RM8.90 using your debit card, we’ll automatically round it up to RM9.00 – so your spare change is 10 cents. You pay for your groceries for RM55.20 – your spare change is 80 cents. We will continue to round up on every purchase. We will first accumulate the spare changes (only virtually!), and when the spare change has reached at least RM5, we will take that amount from your bank, and invest it! Easy!   3. Now sit back and relax and see how it grows over time. As you spend, you save!   Try it out!  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Markets react to the US election results
09-11-2020  George Lucas, Raiz Group CEO  This week Democrat Joe Biden was named president-elect after defeating Republican Donald Trump to become the 46th president of the United States.  After more than three days of counting, Biden gained the 270 Electoral College votes needed to claim victory with a win in the key state of Pennsylvania. However, Trump has still not conceded defeat, repeatedly alleging electoral fraud despite presenting no evidence, and launching a spate of court action.  If Trump continues with these allegations and does not concede, then the uncertainty that this creates may cause issues for the market.     Why the US Senate race matters  This election has always been about the US Senate results for the markets.  The Republicans will probably still hold the Senate, and this is what the market is expecting.  Because of the Biden win I expect fiscal stimulus will now be taken off the agenda in the US Senate, while Trump is still President until late January 2021. The Republicans will change their focus to the appointments of judges to the federal courts, which have to be ratified by the Senate as well as other initiatives that Biden may not ratify.  When it comes to future stimulus, it’s likely that the amount will be less than if the election had resulted in a so-called “blue sweep” with Democrats winning Congress and the Presidency.  On stimulus, Republicans in the Senate will likely argue that the US economic recovery is occurring without another large fiscal support package.  This is supported by recent economic numbers such as the employment report. The current strength in the US economy, however, may be due to the US Federal Reserve doing all the heavy lifting and printing money.  This is more likely to continue with a Republican Senate.     What the US elections mean for Malaysia  On that point, looking ahead the Fed may need to print more money to do more of the heavy lifting as fiscal stimulus will do less, which will see US treasuries yields stabilise or even fall.  A fall in US yields will weaken the US dollar against many countries, meaning that domestically we will continue to see support for the Malaysian Ringgit due to commodity prices, as demand from China continues as China recovers quickly and weakening yields in the US.  We have recently seen some strength in the ringgit on the expectation of this.  We do not expect that Bank Negara Malaysia will allow too much ringgit strength and we may see them cut rates further to support exports and the economy.      Big tech dominance to continue  Turning to Washington’s crackdown on big tech, the risk of anti-trust cases against firms like Google and Facebook falls with a Republican Senate and Democratic President.  So, on this front expect to see long term dominance now from the large US tech companies in the US stock market. It’s not value investing, but it’s growth investing. What’s more, without a significant majority in the Senate, the Democrats will probably also be unable to increase corporate taxes. With less chance of tax hikes, there is more chance of a further market rally.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
New performance graph is now live!
We’ve been rolling out an update to your performance graph, giving you more information on the progress of your Raiz account. (To see this new feature, you’ll need to update your app to the latest version) New green line  This represents ‘invested by you’ which is all your deposits minus any withdrawals, giving you clearer a picture of how much you have saved since opening your account.    The white line   This represents your total Raiz account balance. The difference between the white line and the green line represents any market gains/losses you have made at that time.    Table at the bottom of the graph  This shows you the cumulative amount for a few different values that contribute to your Raiz account balance. The date for these values changes as you drag your finger along the graph, giving you a detailed breakdown of how your balance has changed over time.    Check it out! More features are on the way, so stay tuned!   

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
3 Simple Budgeting Tips
  It’s commonly said that it takes money to make money. That is effectively true – those who live payslip to payslip with no spare cash have little to re-invest or save for emergency. However, if you take the time to re-evaluate your finances, you’ll realise that setting aside even the smallest of Ringgit amounts can add up over a lifetime.    Remember these 3 numbers – 50/30/20  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 emergency, invest or your savings goal. 
These numbers aren’t necessarily fixed; however, they provide a strong foundation for building healthy financial habits to help you to set your workable ratio based life condition to achieve your financial goals.     Pay yourself first  When you get your paycheck, many people make the mistake of spending first, and then saving what is left over. The problem with this is that it doesn’t guarantee any savings; your savings become dependent on how much you spend each month (and often in a rather unplanned fashion).  A better strategy is to pay yourself first by setting aside a fixed percentage of your income towards saving and investing (for example the 20% from the numbers above), and then spending with what is left over.  Automation is your friend here, which effortlessly take out the money from 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.     Trimming the fat on your budget  If you take a bird’s-eye view of your budget, you’ll soon see that there are a few types of expenses from your pay. You can think of them as this: 
  • Investment/Emergency funds 
  • Essential expenses you cannot change. 
  • Essential expenses that you can control. 
  • Non-essentials 
The key is to make your essentials are efficient as possible by finding alternatives or shopping around. For example:  Many Malaysians forget that basic household bills like electricity, internet, and insurance can all be shopped and swapped. By switching providers, you can easily save hundreds off your annual spend!  Buy in bulk (within reason): you may look like a madman for a moment, but it pays off to buy non-quickly damaged essentials in bulk.  Try to pay for things upfront or on time – some providers will give discounts for on-time payments or bulk payments (e.g. annual premiums for insurance could be cheaper than monthly)     

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Market Update from Raiz Group CEO, George Lucas
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.  

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. This has not been reviewed by the SC.
October 2020
Investing is Easy with Raiz
  We have all made changes to our everyday lives out of necessity or choice because of the COVID-19 pandemic. It has touched everyone of us, affecting where and indeed if we are working, how we connect and stay in touch with our families and friends, how we exercise, and how we shop. However, when it comes to finances, COVID-19 has affected people very differently. There has been a growing number of unemployed. The tourism, hospitality and retail sectors have been particularly hard hit, and are industries that traditionally have a higher proportion of millennials and females in their workforce, who are needing to draw down on typically minimal savings to meet their everyday financial obligations. Many families have been fortunate enough to have the same income as before, yet the restrictions enforced upon them have reduced their expenditure, meaning more disposable income and an opportunity to pay down debt and increase savings. Meanwhile, some fortunate individuals are financially better off in terms of income than before the virus due to the various Government stimulus payments they have received over recent months. The effects of COVID-19 have also been felt on the financial markets. So, it is hardly surprising that many people are now taking a moment to assess their current financial situation and work out their financial strategy for the months ahead. In times of difficulty, it is tempting to change your strategy. So, what is the right move when it comes to investing through the current market fluctuations? Well, there is no right or wrong answer. It’s all down to what is right for you, your own circumstances, and more importantly what you feel comfortable with. The thing to keep in mind is that whatever you decide, the Raiz app makes it incredibly easy and inexpensive for you to implement buy and sell decisions and supports you in achieving your investment goals.   How to make an investment into the market with Raiz Once you have your account set up and verified, there are 3 easy ways to invest;   1. Round-Ups 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 You can invest a single lump sum into your Raiz account at any time. Simply click on Invest > Deposit from the Home screen. You can use the ‘quick amount’ buttons, or enter your amount, then confirm your investment.    3. Recurring Investment You can easily automate regular investments using the Raiz app. From the Home screen, click on Invest > Recurring. Simply choose your investment amount, select a frequency (daily, weekly, fortnightly or monthly), and when you want the investment to start.   You can also set an optional Savings Goal if you are saving towards something specific and want help tracking your progress!  Regardless of whether you use Round-up, One-Time or Recurring  to make your investment, so long as the investment request is made within the app before our daily cut-off time (approx. 11pm Malaysia Time, Mon-Sun), then funds will be taken from your linked Funding Account the same business day. We invest your money in the next business day after it has been taken from your Funding Account which is when your ‘buy’ price is locked in.  Once we have confirmation that units have been successfully purchased on your behalf, your Raiz balance will be updated to include the new investment.  

 

How to withdraw your investment 

You can withdraw either all or part of your investment from Raiz easily, at any time, with no penalty. While you can create a withdrawal request 24/7 within the Raiz App, we can only action the sale of the investment on the next business day which is when your ‘sell’ is locked in.  To make a withdrawal, from within the app is easy, simply click on Invest > Withdraw from the Home screen, enter the amount you wish to withdraw, and confirm.  When you sell shares/units a settlement transfer of two business days which means that the funds take two days after the sale to be released and received by Raiz.   When we receive the funds after the two-day settlement period, we transfer the funds back to your bank account as soon as possible, so while the maximum wait time is up to 5 business days, it can usually take 3 or 4 (not including public holidays and weekends).   

Don’t have the Raiz App? 

Download it for free in the App store: 
      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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.  

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      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC. 
3 Steps to Build Up Your Emergency Fund
It’s more important than ever to have emergency savings. Let’s do it.  
  1. How much do you need?
It’s important to build up an emergency savings fund to prepare for the unexpected, whether that’s your car breaking down or a drop in income. A rough guide for the ideal sum to have saved is the amount you’d need to cover three months’ essential outgoings. So, if you spend RM1,500 a month on mortgage or rent, food, bills and other things you can’t live without, aim for RM4,500 in emergency savings. But if this figure seems unrealistic, don’t be daunted by it. Even having just a small amount saved can help you avoid taking on debt if you face unexpected costs.  
  1. How much can you save?
Work out how much you can afford to save each month. Go through your income and spending, there are many useful budget planners in app store (just search for “budget planner” for example). See where you can cut back like if you can save on bills, for example, could you cut the cost of your phone bill by switching providers? This could be extra cash for your fund. Once you know how much you can afford to put away each month, try setting up a standing order that automatically puts money into your savings account each month to help you achieve your goal. Try using less cash and instead more traceable sources such as debit cards, online banking and credit cards. This way you can monitor your money through statements and stay ahead of your finances.  
  1. Remember, it takes time!
While you’ll want to get your emergency fund set up as soon as possible, like with all savings, it’s best to keep to what you can afford and make sure to save regularly. Saving smaller but regular amounts are more effective than saving larger amounts now. This is because you get into the habit of saving and also avoid overcommitting too much. It can help you budget more effectively too. Or just save what you can as regularly as you can. Every bit of cash saved makes a big difference to your financial wellbeing.  

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      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
July 2020
COVID-19 Financial Impact – How to Bounce Back with a Budget

Despite COVID-19 restrictions easing across the country, the economic fallout from the pandemic continues to be felt by many thousands of Malaysians from all walks of life. However, it’s also the perfect time to look forward and make sure your finances are stronger than ever to meet whatever challenges arise down the track.

Indeed, with so many Malaysians still experiencing employment disruption like layoffs and reduced hours, now is an ideal moment to look at your budget, actual spending, and savings to make sure you can navigate these unprecedented times.

With that in mind, here are some simple and effective ways to budget with the money you have right now to make sure you build a safety net of savings and protect your financial health for the long term.

 

Revamp your budget

When it comes to budgeting, now’s a good time to get money smart so you can emerge stronger and more prepared in relation to your personal finances.

First, you’ll need to reassess your income. When it comes to this side of the ledger, you can split things up into dependable income, like your salary and things like capital gains from shares or dividends and examine what they look like now.

Depending on your individual circumstances, you might find your income has a new baseline if your hours have been reduced or if you’ve been impacted by a layoff caused by recent economic disruption. However, your spending may have fallen more than before COVID, creating excess savings which could be put away for emergency before your expenses increase again. Doing this analysis now, after the forced cut backs in spending during COVID may give you a foundation to start reassembling a sustainable budget that works with your expected income during these difficult times.

 

Cut your expenses

If you’re strapped for cash, the next thing you may want to do when figuring out your budget is look at how you’re spending your money and where you can make cuts. Some of these cuts may have already happened due to COVID with the forced reduction in your discretionary expenses like shopping, eating out, subscriptions and holidays. On fixed costs such as rent, utilities and insurances, you can actively look for better deals or ask for payments to be temporarily suspended or deferred, then restarted as social distancing eases and your financial situation becomes more certain.

 

Take a close look at essentials

With essential spending like housing, it also pays to get creative. For instance, if you’re renting, consider letting out a room to a lodger to help make up a sudden fall in income. Or, if you’re a home owner worried about falling behind on mortgage repayments, don’t hesitate to reach out to your lender about options for reducing your payments temporarily such as debt moratorium. You could also consider refinancing your home loan if that suits your particular financial circumstances.

 

Money for a rainy day

While some people may need to make fundamental changes to their budgets, today’s altered conditions also represent a chance to plan and safeguard against other unknown shocks that may occur down the track.

This is where building an emergency fund now is a smart idea. Just putting a small amount away on a regular basis can add up over time and make a big difference.

How much you should aim to have in your emergency fund will differ from person to person, but it’s advisable that it can cover the basics like rent or mortgage repayments, food, loan repayments, transport, utilities, and phone and internet for two or three months.

 

The final word

In these unprecedented times, being as smart as possible with your money is more important than ever. If history has taught us anything when it comes to budgeting, it’s that being on top of your personal finances goes a long way when you’re looking for extra security and peace of mind in times of greater uncertainty.

 

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      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
June 2020
My Finance – How to save more by understanding your spending
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]    

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      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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.
  Therefore, for the above obvious reasons, after considering and prioritising wider public interest (maslahah), keeping the investment in Maybank is regarded as an essential (dharuriyyah) – hence the ruling “harus”.   In conclusion;
  1. From the SC – the funds are not Syariah-compliant
  2. From the Jawatankuasa Fatwa – the funds are “harus”
  3. 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.
  Wallahuaklam.   Sumber: Bursa Malaysia, FAST BNM PNB Annual Report 2019
www.asnb.com.my www.pnb.com.my   

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      Important Information  The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.  The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.  Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.  The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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)
  Jika PNB menarik keluar pelaburannya dalam Maybank, berkemungkinan besar ia akan mendatangkan kesan negatif yang besar kepada ekonomi Bumiputera Islam.   Andainya PNB tidak memiliki pegangan majoriti dalam Maybank, ia akan melambatkan pembangunan kewangan Islam di negara ini – Maybank Islamic, bank Islam terbesar dari segi aset di Malaysia dan ASEAN, jelas memacu pertumbuhan industri ini.   Oleh itu, atas sebab-sebab jelas ini, setelah mengambil kira dan mengutamakan kepentingan awam (maslahah), mengekalkan pelaburan di Maybank dianggap sebagai penting (dharuriyyah) – lalu Jawatankuasa Fatwa meng”harus”kannya.   Kesimpulannya;
  1. Dari SC – dana-dana ASNB TIDAK diberi status “patuh Syariah”
  2. Dari Jawatankuasa Fatwa – HARUS
  3. 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.
  Wallahuaklam.   Sumber: Bursa Malaysia, FAST BNM PNB Annual Report 2019 www.asnb.com.my www.pnb.com.my     
  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.   

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      Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
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 Buffett   

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      Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
February 2020
5 Habits of Wealthy People
  Either spend or saving, wealthy people tend to choose saving rather than spend when they receive money.  The distinction between rich and wealthy is that getting rich is just about the gathering of cash. It can travel every which way, and on the off chance that somebody who's rich loses their cash, they may experience difficulty recapturing that or remaking once more.   At the point when we talk about building wealth, we, for the most part, consider numbers or how we can expand our salary, how we can contribute, or how we can settle on better choices dependent on numbers. Be that as it may, well off individuals are likewise doing things that aren't numbers centred.   However, for wealthy individuals, they have a special mindset. This blog will encounter five things that well-off individuals do all the time that make them monetarily productive. Obviously, this is certainly not an "each mogul does this" or "do these things for ensured wealthy", it's progressively investigating reliable practices of the best and well-off individuals.    1. Work out   Wealthy people love to work out. They usually will find activities that can bring joy and prosperous for their health. Basically, they’re exercising for at least 30 minutes a day, and they’re doing that around four days per week. It is anything but a great deal, it is anything but an immense duty, yet look into shows that individuals who exercise have much better results as far as the manner in which that they think, getting clearness in their life, and making a decision.   There are lots of research out there on work out. I’ll let you see what you can find but work out is something that wealthy people do steadily.   Richard Branson is well-known for kite surfing and jogging. The billionaire owner of the Dallas Mavericks, Mark Cuban says he does 1 hour of cardio 6 or 7 days per week!    2. Read  Read is a necessity for wealthy people. Research has turned out saying that CEOs, top-level CEOs, are perusing overall 60 books for every year. 60 books contrasted with around a couple of that every other person peruses.  The knowledge that you get from books is mind-blowing. It's something that you can't get to anyplace. The deep information that you can get in your ear through book recordings is likewise an effective utilization of time! You can spend 30 minutes out of every day while you’re working out. That is wellbeing and riches in a single hit! What's more, I'm not simply discussing fiction books either, it's genuine or ways that you can figure out how to improve your reasoning. Do a solid blend between the two.    Bill Gates says that he reads 50 books for each year and Warren Buffet says he reads 5 to 6 hours out of every day!    3. Network.  Your network is your net worth. That means that you’re connected to other people and it opens the doors for many opportunities. Build wealth is not just sitting in your back room and keeping to yourself. You’ve got to get out there, go to events, talk to people.  A portion of my greatest deals has originated from simply going out to a systems administration occasion, trading my card, having some nourishment, and enjoying a brew with a leader. Initially, you could feel you've taken a stab at dropping in especially if it's excessively occupied, however when you get eye to eye with somebody, and they can perceive what you're similar to as an individual, that is the point at which the open doors can truly begin to open up. Along these lines, get out there and start connecting.    4. Mentors  Arnold Schwarzenegger says in his book, “There’s no one that is self-made.” Everyone has mentors, everyone has guidances, everyone has coaches, advisors. Find your mentors, find people who’ve been there and done that with that experience.   It doesn't really need to be up close and personal, that is perfect, however, I comprehend that it very well may be constraining. For me growing up, I had my dad as a guide, however looking past that, regarding building wealth, I went for books.   Having those books, having those individuals that have constructed billion-dollar fortunes, and seeing what choices they make and how they work, is the thing that I've utilized as tutoring also.   Ask business owners or investors you look up to. Don’t be so naïve. Play it cool. Go for coffee and follow up with a few emails. But don’t come out and ask, ‘hey can you be my mentor? Be professional.    5. Appreciation  Wealthy individuals practice gratitude consistently. There's nothing more awful than speculation and contrasting yourself with others and saying how far you are behind. Rather than saying I don't have this, be appreciative for what you do have. There are a lot of individuals out there who accept that you are carrying on an adaptation of their best life.  So in case you're becoming ill and tired of getting down to business, as opposed to awakening and saying, "I need to get down to business today," wake up and state, " I get the chance to get down to business today," in light of the fact that there are a lot of individuals who are out there battling that don't have work who might want to be in your chance and exploit what you have.  Practice some gratitude. It would never be a waste attitude for a human being that’s will control us to be humble. It changes that way you think, you become much progressively happy with life, so you're not out there pursuing the material things. Rather, you're beginning to pursue what feeling appreciation enables you to turn into.  By building your positive mindset, this is the energy that you have to raise your wealth. When you're ready to begin doing that, and sharpen that, at that point, the cash part will get simpler. It's presumably 80% outlook and 20% procedure, so by taking a shot at your mindset, this will go far towards raising your wealth.  

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      Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
How to Save Money on Valentine's Day
Valentine’s Day is the opportunity to show your love to that special someone and how much they mean to youThere’s no doubt that something luxurious stays in our head for a long time. That is why sometimes people break the banks just for valentine’s Day.  Don’t worry, love isn’t measured in ringgit. You don’t have to spend a lot to show someone that you care. It’s the intention and thoughts that counts. So, here are a few ways we can have a special day on Valentine’s Day without ruining our budget or put us into further debt.    1. Give a handwritten letter.  Don’t underestimate handwritten letter. It is more meaningful because writing to someone and taking the time to craft each sentence while thinking of that person will make them feel special. Handwritten letter also feels more personal and is suitable to use to express our feelings for someone. Therefore, the message contained in it could be conveyed more effectively. And you don’t have to spend a fortune on a beautifully designed letter. They are affordable yet still can make valentine’s day special.    2. Dinner at home.  Who says you have to go out to eat? You can have a romantic candlelight dinner at home having a homemade meal together with your special someone. It does not only save you from the head busting price of a meal in a fancy restaurant, but you and your partner can also have a more personal romantic dinner time together without the need to worry about what to wear and just enjoy your time cooking together and reminiscing your memories in more comfortable surroundings.    3. DIY gifts.  Instead of buying super expensive gifts why not take the time and effort to give your partner a gift that you create yourself. It can be a photobook that contains pictures of your memories together with your partner along with a few heartfelt messages. You can also handmade a bracelet that marks your relationship milestone. Handmade gifts certainly will not look as good as diamonds or any other lavish gifts, but it carries more sentimental values and way cheaper.    4. Spend time together.  You don’t have to reserve a fancy place just to celebrate valentine’s day together with your partner. You can just simply spend time together at home watching movies, chatting with each other, play games or other simple activities that you both can enjoy. Valentine’s day is not about buying gifts, it is more about spending time with each other and show your partner how much they mean to you. It can also save your money and time to make a reservation at a restaurant.    5. Gift of service.  Another creative idea that you can use on valentine’s day is a gift of service. You can create your own coupon book that contains the things you would do for your partner, such as doing the laundry for a week, washing a car, an hour massage and many other romantic gestures that don’t cost you anything and what your partner maybe hate to doIt’s a simple everyday chore that can touch your partner’s heart and when you offer the service to help do it for them, that is an offer they can’t resist and be thankful for.    6. Take them for fun activity.  Instead of taking your partner to a restaurant, why not take them to go bowling, take a walk or maybe take her on a hike instead? Doing outdoor activity surrounded by nature is a good change of air of what usually been done on Valentine’s Day. You can share a good conversation while taking pictures with beautiful nature scenery as a background.    At the end of the day, you don’t need to empty your wallet to impress the one you loveJust giving your time and show your feelings through a simple handwritten letter or handmade gift can make them feel appreciated and make the day more memorable.   Sometimes, small simple things are more meaningful than something lavish. You just need to have a little bit of effort, time and creativity to make a simple thing special for your loved ones.  

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        Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
4 Myths about Investing when You're Young
  Most of the young people don't have a high income but the expenses still not small. When we think about investment, suddenly we feel afraid and have a lot of reason not to invest, right?  Maybe it is because we misunderstood and feel difficult to start investing. Here are five common myths about investing as young people:    1. You must be rich to start investing Not necessary.  Thanks to many investments' method available today, now you can use only a small chunk of your income for investment. For example, with Raiz, you can start investing as low as RM0.50.    2. Too young to make investment Investment is a long game and not suitable if you want a fast return for your investment. Hence, earlier you start, earlier you might get the return.    3. Too risky to young people Understandably, young people are very sensitive to price and very cautious when spending their money. The investment seems unrealistic to do when thinking about living expenses.   Like said before, you must start earlier to invest. To avoid loss and reduce the risk, knowledge is key. It will help you to choose which one suitable for you. Maybe if you are not a risk-taker like other normal young people, you can choose the conservative type of portfolio.   4. I don't have much time and knowledge about certain market Not necessary must be you single-handedly know everything, analyze data and pick which market to invest. You can just fund your money according to your portfolio and will be managed on your behalf.   

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        Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
Should You Prioritise Spending Less or Earning More
  It’s one of those eternal financial questions with no easy answer — is it better to focus on earning more or prioritise spending less?  While most personal finance advice focuses on cutting expenses, it’s also a good financial strategy to find ways to boost your earnings. Or, ideally, do both at the same time. 

 

Spending less 

There’s no reason to wait on cutting your spending back — you can spend less immediately. It doesn’t take any special financial knowledge and you can start right now. 

For instance, think about scaling back your discretionary spending. This will look different for different people, but it could include cutting back on buying takeaway lunches, cancelling unused subscriptions or returning those fancy sneakers you just bought online.  If you’re serious, it also helps to distinguish what you need from what you want, especially in a society that suffers from so-called “affluenza”. By taking a good look at this, you may also be able to significantly reduce your weekly and monthly outgoings.  However, there is a limit, especially for Malaysians living in an urban centre like Kuala Lumpur, where the cost of living is high. If this is you, it’s likely your fixed costs — things like rent and transport — could be tough to dramatically reduce.    Earning more The benefit of earning more isn’t hard to see — the more you earn, the more financial options you have, which potentially puts you on a path to financial security and abundance. However, one downside of aiming to earn more is that it involves risk.  Often, looking to earn more involves stepping out of your comfort zone, whether that means retraining, changing jobs, starting your own company, or going out solo as a freelancer in the gig economy.  Also, just because you earn more doesn’t mean you’ll have more money at the end of the day. Sometimes it’s the case that you end up spending more when your earnings increase, making fiscal discipline all the more important as you climb the ladder of wealth.    Why not spend less and earn more? Remember, there’s always the danger that you end up having less time — and inferior quality of life — if your increased earnings mean you end up working around the clock.  Ultimately, it’s about balance. Aim to get to a point where you have enough money to spend on the things you love to do while working at a healthy and sustainable level.   

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        Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.
5 Ways to Achieve Your Money Saving Goals in 2020
 

The start of the year is the ideal time to make some financial resolutions for 2020. One of the most common resolutions, when it comes to personal finances, is to be a better saver for the year ahead. This sounds easy in theory, but can be harder to achieve in reality. 

With that in mind, here are five simple tips to help you achieve your saving goals in 2020. 

 

1. Have a concrete goal 

It’s basic but often overlooked — you’re much more likely to shift your spending habits and get better at saving if you have something to aim at. While the particular goal is up to you - it could be a holiday, a new car, or some new clothes - make sure it’s clear and achievable. 

 

2. Budget wisely 

A budget is also important because it allows you to see where your money is going. Once you’ve examined your income and expenses, you’ll be in a position to know how much income you have to work with at any given time, which will help you to save more effectively in the future. 

What also helps, when it comes to maximising your savings, is to look closely at your budget and figure out how much you spend on discretionary items like clothes, holidays and eating out to see where your expenses in these areas can be trimmed. 

 

3. Analyse your expenses 

While reducing expenses opens up more opportunity to save, so does some lateral thinking. For instance, it’s a good idea to keep on the lookout for cheaper deals when it comes to banking, insurance providers or memberships on things like gyms and streaming services. 

It also pays to stay on the lookout for cheaper brands of clothing and food, as well as savings on utilities such as power or water. 

 

4. Get out of debt 

It’s simple — debt is not your friend if you’re trying to save. Indeed, you’ll be amazed how much easier saving is when you’re not fighting against spiralling debt. 

If you’re in this boat, try and get across how the interest on your debt is calculated and when it’s charged as this can help you manage your repayments and avoid paying unnecessary interest. It’s also a good idea — if you have several debts – to try and pay off the debt with the highest rate of interest first. 

 

5. Phone a friend! 

Even for the most disciplined person, saving can get difficult at times. That’s why it can help to team up with a family member, friend or colleague who also has a saving goal. 

Still, if you do have to do it alone, think about imposing some hard spending rules on yourself. For instance, when it comes to impulse buys, one option is to impose a 24-hour ban on splurging the cash after it hits your account. If you impose such a “cooling-off” period on yourself, you may realise that what you wanted to buy was not so essential after all.

 
 

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        Important Information The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance. The advertisement has not been reviewed by the SC.