MONEY MOVES MALAYSIA

How Insurance Can Mislead You Into Expecting Financial Returns You May Never Get You can watch it in the YouTube video below to get the info being shared in this blog: Is Insurance an Investment? The Truth You Need to Know Insurance is a crucial financial tool, but is it an investment? The short answer—No, it’s not! However, many people believe otherwise due to how some policies are marketed. In this article, we’ll break down why insurance is not an investment, examine different insurance plans, and discuss whether Investment-Linked Plans (ILPs) are truly beneficial. Understanding Insurance: Protection, Not Profit Insurance is designed to manage risk, not to grow wealth. When you purchase an insurance policy, you pay a premium, and in return, the insurance company promises financial coverage in case of an accident, illness, or death. Insurance is meant to serve as a financial safety net. If you don’t make a claim, that’s actually a good thing—it means nothing bad happened. However, if ...

THE SWEET LIE OF PROPERTY INVESTMENT! Are You Digging Your Own Financial Grave? Owning a property is a dream for many young individuals who aspire to have a place to call home—a space to live with their family and enjoy a fulfilling lifestyle. However, this highly sought-after dream has often led people into the shadows of financial instability, creating a significant strain on their finances. Many fail to recognize the damage their costly dream inflicts on their portfolio. They continue to live in a state of denial, perceiving the house they reside in as an asset and a worthwhile investment. The belief that 'the bigger, the better' is widespread, with some taking pride in the idea that their lifetime earnings are justified by owning their dream home. When Dreams Become Burden However, some dreams are better left as dreams. The desire to own a home often overshadows the practical realities of financial responsibility. While it may symbolize success and stability, blindly pursui...

Your Roadmap to Financial Success: The Power of an Investment Plan Introduction: Investing can be a powerful tool to grow your wealth over time. However, it's important to approach investing with a clear strategy and a solid understanding of the risks involved. Discover the importance of investing for financial success, understand the associated risks, and learn strategies to manage them effectively, empowering you to invest with confidence. Click here to learn more. Investment: A process aimed to make money using money, passively Investing: A Personalized Journey Investing is a journey that’s as unique as each individual, shaped by personal financial goals, risk tolerance, and time horizon. Whether you’re a seasoned investor or just taking your first steps, it’s essential to recognize that no two investment paths are identical. In Malaysia, where the dream of quick, substantial returns often leads many astray, this individuality becomes even more critical.  A common pitfall for M...