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How can I grow my savings in Malaysia?

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How can I grow my savings in Malaysia?

The 3 Most Trusted Investment Types In Malaysia To Multiply Your Savings Fund!

  1. Unit trust.
  2. Fixed Deposit (FD)
  3. Investment-linked Insurance Plan (ILP)

How much do you have to save to be a millionaire in 10 years?

The table makes one thing very clear: Investing earlier means you won’t have to save nearly as much money each month in order to become a millionaire….Years to Invest.

Years to Invest How Much to Save Monthly to Become a Millionaire
10 $5,752.44
15 $3,069.12
20 $1,821.01
25 $1,139.89

How much savings should I have Malaysia?

Private Pension Administrator (PPA) CEO Datuk Steve Ong has earlier suggested that every Malaysian should save at least 33\% of their monthly income for retirement savings.

Where can I put my savings in Malaysia?

Here are some of the best high interest savings accounts in Malaysia.

  1. Standard Chartered Privilege$aver.
  2. RHB Smart Account/-i.
  3. UOB Stash.
  4. Hong Leong Bank Pay&Save Account.
  5. Alliance SavePlus Account.
  6. OCBC 360.
  7. UOB One Account.
  8. Affin Invikta Account/-i.
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What job makes the most money in Malaysia?

Top 10 highest paying jobs in Malaysia

  1. Medical Director.
  2. C-suite roles.
  3. Head of Shared Services.
  4. Head of Sales.
  5. Finance Director.
  6. Head of Banking.
  7. Engineering Director.
  8. Human Resources Director.

Who is the richest man in Malaysia?

The List

  • #1 Robert Kuok. more.
  • #2 Quek Leng Chan. more.
  • #3 Koon Poh Keong & siblings. more.
  • #4 Ananda Krishnan. more.
  • #5 Teh Hong Piow. more.
  • #6 Lee Yeow Chor & Yeow Seng. more.
  • #7 Kuan Kam Hon & family. more.
  • #8 Lim Wee Chai. more.