u/groundnut666

Hi guys,

I (25M), non-bumi, currently have around RM3K left over from salary every month after expenses. No debt or commitments, single, and already have around 12 months emergency fund saved up. Also no plans for any major commitment anytime soon, so I can afford to take a bit more risk while Im still young.

I am looking more towards medium to long term investing, and Im okay with medium to high risk investments. That said, I also dont really want to actively trade or watch my portfolio everyday.

Now Im wondering whether I should keep things simple and put everything into VOO every month, or split it across different things like stocks, crypto, gold, EFP etc.

How would you allocate the 3K monthly?

Been seeing a lot of finance gurus online saying if you work a 9-5 job, chances are you will work your whole life. They always say the only real way to achieve financial freedom early is to start a business.

I get the logic since business income can scale faster than salary, but it also comes with alot of risk.

What I noticed is nobody really talks about the dark side of owning a business. Online it's always success stories and be your own boss content. Hardly anyone talks about failed businesses, losing money, debt, burnout, and years of struggle.

Is business really the best/only path to financial freedom, or can people still get there through a normal job?

Would appreciate any honest stories from business owners here.

Hi all,

I (27M) currently earning 4.5K in a fully WFH job and staying with my parents, so expenses are quite low. WLB is also quite good since I save time and money on commuting. I also got alot more time to do my own stuff and gym.

I recently got a new offer for 6K, benefits are slightly better, but it is a fully 5 days WFO role. Commute is 1 hour 15 minutes one way from Kajang to PJ.

Do you think the extra money is worth giving up WFH and spending more time commuting? Would you take the new offer?

Just something I have been thinking about lately.

It feels like in the US and Europe, companies are quick to do layoffs or retrenchments, especially when the economy is bad. Feels like layoff has been part of their corporate culture. Every day, there is surely a layoff news from the western world.

But in Malaysia, I don't really see or hear about it as much. I know it definitely happens, but it just feels so rare.

So, I am wondering, are layoffs actually less common here, or is it just people don't really share or talk about it? Maybe companies here choose to do in more discreetly?

Hi all,

I recently joined a new engineering company. Not long ago, there was a townhall from HQ saying that they are freezing all hiring for the rest of the year. Main reasons given were declining sales, the war in Iran, and overall global uncertainty.

From what I understand, my company is also allegedly looking to cut some employee benefits.

Just wanted to ask those here, is the situation really that bad globally because of the war and uncertainty? Or is this usually a management's excuse of justifying cost cutting measures.

Are other companies in Malaysia doing the same now?