Hi! I'm needing some help to withdraw funds from IBKR. Due to some unforseen circumstances, I have to withdraw RM330K to cover medical expenses.

1. Would the best way be just to withdraw to CIMB SG and internal transfer to CIMB MY? Since the daily limit of CIMB SG internal transfer is 50K SGD, I will internal transfer 50k first and the next 50k the following day.

2. Has anyone here withdrawn a big amount from IBKR using this method have been called or asked for documents, etc before when withdrawing large amounts? I personally keep very little amount of money in my CIMB MY bank ( less than rm5k) emergency funds in stashaway simple , and don't keep any cash in my CIMB SG account. Would it look suspicious when withdrawing this amount of money?

Thank you.

so i got small heritance money from my late mom. around 10k myr only. i am a housewife (28f) and not doing any business and don't have active income. i cannot hold long term job because of chronic illness. so i just depend on my husband but we also struggling.

i want to save this money and maybe put it on some investment but i don't know where to start first. please help me to manage this amount of money

Anyone know which one is better?

If I buy land first, I can choose how to design the house I want, but if i buy house directly, most of the house design is very bad.

Which one is better in terms of money wise?

Oh right I'm asking for sarawak land

How have you fine tune your main investments to take advantage of Trump tariffs?

Have the itch to jump ship, mainly for salary reasons. I’m on EPF scheme. Before that, would love to hear from the experience of others. What role you picked up, was it a good move, what skills do you think are most essential in transitioning away from a gov post (besides the technical ones), etc.

I recently got married, and we received RM70k in wedding angpao money.

We currently have a mortgage of RM480k with a 35-year term and an interest rate of 3.35%.

Would it be a good idea to use the full RM70k to reduce the mortgage and save on interest?

We could also invest the money in KWSP or ASB, but we both prefer to pay off the mortgage as quickly as possible—ideally within 20 years.

What is a good salary as a lead software engineer in the Malaysia Market?

I was working remotely as a manager for the last few years and earn RM 42k gross per month. Now I’m looking for an engineer role instead of manager as I think I would be more enjoyable as an IC.

I’m looking for around 23k - 28k per month in the market. Is that a reasonable range?

Long story short, I feel like I'm my family's ATM. Being in this role means I can’t leave my toxic job or take any risks in life or even afford to fail.

I am worried that the savings I’ve worked hard to accumulate over the years will be drained at this rate.

I’m curious if others have experienced this and whether this is common. Has anyone else gone through this? How did you handle it, without affecting your financial goals?

Just asking opinion on behalf of a colleague.

Demised person LAST AND FINAL WILL with Amanah was simple , 1/2 to Mr.A and 1/2 to Mr.B for all moveable and immovable. Executor is Amanah.

Upon checks on the property , only one Mr.A name was found joint name with Demised Person. Both A&B agree not to sell but Mr.A prevent addition of name into title.

Mr.B invokes the last will to add his name to property title. ( joint name )

How enforceable is Mr.B rights in Distribution Act 1958 (Revised 1983) ?

I'm (M30s) looking into medical card options. My goal is to manage sudden increases in living expenses that could arise due to illnesses or accidents. I am not looking into supporting any dependents in this discussion. Thanks so much in advance for your time and consideration to help 🙏

1. Guaranteed renewability, how important is it? If I develop a serious condition, I don’t want my insurer to refuse renewal. Is this a valid concern?

2. Annual claim limit. Talking to older folks, the most they’ve ever spent on hospitalization and surgery in a year has never exceeded RM100k. So logically, RM100k should be enough, right? But I worry about inflation.

Some friends have told me not to worry because I can always increase my coverage when I’m older. But what if I develop a chronic condition BEFORE I increase my coverage? It seems unlikely that the insurer would approve the increased coverage AFTER getting the condition.

3. Critical illness insurance and total permanent disability insurance? My reason for contemplating these insurances is that medical cards only cover hospitalization and surgery, but long-term medications or outpatient treatment outside the pre/post hospitalization coverage is not. Hence, would it make sense then to get these insurances just for that one-time payout to help cover these increased living expenses?

4. Agents. I understand that if we can purchase directly from the insurer we might avoid agent fees. Apart from buying direct from like Fi Life, how might I purchase directly from like Allianz? Is that possible?

I (28M) am looking to get a new medical card and dropping the existing policy (prudential) I have due to affordability. Can anyone suggest a good option for a medical card without any of the unecessary riders?

Hi guys. Would like your opinions regarding preparing a will. I think I am at that stage in life to prepare a will. Who should I get to help me prepare a will? Rockwills or a lawyer?

Rockwills: -claims to be the specialists in will-writing. (Their works, "We are like the specialist doctors, lawyers are like GP doctors")

-claims to be cheaper

-claims to have less contested wills.

Lawyers:

• don't know how to find a lawyer who writes wills.

• do I just walk in any law office?

So it's CNY and my suppliers are enjoying holidays but i need Usdt urgent as i have to make payments. So what's the best platform to acquire usdt with myr?

hi, as per subject, does anyone ever apply for home renovation loan? i heard the interest is lower than personal loan. how does it work? the fund will disburse to our account or contractor account? or do we need to present the receipt to bank so that only the amount in the receipt would be disbursed? and if the loan that we would like to loan is 50k but the renovation only cost 30k, how about another 20k? would bank consider the loan to be only 30k?

So my mom ask me to apply for ASBF RM150k + RM50k a few years ago before I pursuing my degree (she helped to pay ofcourse).

Since I have been working and need to pay by myself. I think i need to reconsider about the ASBF

These are the details: RM50k, Remaining tenure: 285 months, RM273 monthly, Effective interest: 4.95% p.a

RM100k, Remaining tenure: 301 months, RM521 monthly, Effective interest: 4.75% p.a

Now I have accumulated around RM65k in cash from my ASBF.

For this 2024 tax submission, any idea how to submit them if we have an e-invoice that we can exempt from tax? Can anyone tell me how can I proceed?

Yesterday, my dad was very angry when he found out I was applying Hong Leong bank credit card and forced me to cancel it and also my mom confiscated my credit cards so I am unable to activate it. He was angry that he was also had a credit card debt several years ago until he used AKPK service to settle his debts. Every time he wants to do hire purchase, he was unable to use do it under his name because he is under AKPK so he was using my name to forced me to sign it for car loan purchase.

So, what's advice that should I take to overcome this? Also don't ask me to persuade my parents because of them are too ignorant while happily using my name for loan purchases.

Thanks.

UPDATE#1: Got contacted the bank officer via phone call and asked him to block these un-activated cards and then resend a new one into my office address instead. Might take another 2 weeks and I need some time to learn on how to use credit card with very wise. Although bank unable to remove my home address, I have to make sure that any mailings including credit card delivery will going to my office address instead.

The title speaks for itself, but I can't find much information. What percentage of tax do you need to pay to live in Malaysia for derivatives trading?

Thank you in advance!

For context I'm a 26F just graduating from my degree in Nov 2025, and will be starting my internship in KL with a pay of 1.5k.

I won't be paying rent but I would say this is my expected fixed expenses:

RM150 - helping home bills & groceries

RM40 - phone bill

RM200 - food etc

RM150 - petrol & transport

I do plan on getting a medical card/insurance for myself because my parents could not afford one for me, and I do wish to be covered in case of any medical emergencies.

Also, how much do you think is advisable to keep aside? I wish to keep aside at least RM250 a month from that RM1.5K but idk if it's even possible hahaha

Excuse me if this sounds immature but let it be if it does sound like that , just a 22yo trying to make good decisions in life.

Currently own an iphone 13 and will be buying a new phone by this year ( note: the ip13 is already damaging ) personally i wouldn’t want to spend 5k on phone , but of course there is installament plan . My salary is 2.4k , question is do you spend rm2k on brand new android phone or rm5k on brand new iphone (17) . Personally i never used an android phone.

Are there any set rules or tips which keeps you guarded against jumping into an opportunity which seems too good to be true.

Good day,

I'm currently a final year full-time Master student at UKM. My parents used to runs a sticker shop for big custom mades including signboards, full car stickers, number plates and so on. Now that they're retired and I am unemployed due to studying and lack of extensive free time. But then again, I don't wish to use my parents fund for anything; I have been (mostly) staying afloat on my own saving. I have quite an extensive knowledge in stickers and teaching.

With the above as my background, I'm thinking of pitching in a small budget around RM1k to start off a small business without the needs of serving them physically. I'm thinking online sticker printing similar to those tou found on Shopee when you search 'Vinyl sticker printing.' Additionally, I've also been a buy and reseller on all secondhand selling platform for some time now with all over 10+ solds and avg 4.7 stars. Posting is really close to me too (2km MBE and Jnt office).

This is just my base planning but to pull this off I would highly prefer to have people who have actual experience beforehand. I'm willing to listen to any advice, guide and suggestions. Thank you for your valuable advice and guidance in advance.

Hi guys. Just got back to Malaysia. Started working for a month now.

Currently earning RM5100 before tax and epf

Fixed expense:-

mum's pocket money RM500

mums car and petrol RM300

"additional money i pay for rent, water, electricity, wifi" - RM400

personal mobile RM30

ongoing installment for phone (22 months to go, RM150)

my daily transport - Pas MY50 -RM50

makan minum montly- RM600

Shopping- RM1000

Savings RM1200

Roughly I have about 500-1000 extra for my personal hobbies. Currently I have been playing golf and pickle a lot. Both waste a lot of money. ( NO I WILL NOT REDUCE PLAYING TIME)

Is it worth it that I do lalamove just to support a bit of money for these hobbies so my savings and shopping does not have to be reduced?

Let's say, can earn lalamove RM100 on a saturday, RM60 goes to hobby, 20 goes to petrol and toll, 20 goes to maintenance. Is this like somewhat viable?

New to Malaysia. We plan to open an investment account jointly in Malaysia. All the money is coming from China. We currently have MM2H visa. What are good platforms for this?

I'm planning to have RM30000 for my emergency fund. I also split it into KDI save and ASNB and Rize Bank. Currently is this.

Well any better idea for me? I'm not bumi so I cannot easily put in ASNB. Basically all ASM 1, 2, 3 is not easily put.

For context, I'm unemployed due to my previous company don't want to extend my contract. Have been out of job for half a month. While I do have some savings but it's not much. I don't have any commitments.

There's a company that offered me a the same position as my last one, but they can't offer me the same as my previous salary. They mentioned because they're currently in recovering phase and only able to pay minimum wage. It's a small company. For me it's about 50% reduced in salary. Currently in dilemma if I should accept it since having a job is getting harder each day.

I (30M) recently purchased a new 900 sqft condo and am planning to renovate it soon. I’ve been shopping around for contractors without engaging IDs and the estimated cost for renovation & furnishings I’ve found would deplete 75% of my savings. It is not extravagant, and the renovation is geared towards practicality rather than aesthetics.

Considering the plan to get married next year, is it wise to spend a large sum of money on renovations for my own stay, or should I cut some corners to free up cash instead? What have been other Redditors' experiences?

What did you splurge on this month? Share some of your investments or surprise spending this month!

Let's talk finance. Ask questions, give advice, share tips and tricks!

Happy Chinese New Year to everyone celebrating!

I 28M gave my parents RM500 each every year once I started working. Just curious how much angpau do you usually give your parents on CNY?