Swan Thinks
Swan Thinks
  • 28
  • 306 582
Best place to store cash | My cash management system + payday ritual
Confession: I used to hate keeping cash on hand - I'm always itching to invest it to earn even more cash! However, cash plays an important part in my financial plan nowadays for 4 important reasons:
1. Emergency fund for financial security
2. Cash flow reserve for daily expenses
3. Sinking fund to save for large purchases
4. Market opportunity fund to buy the dip!
After endless searching and tweaking, I think I've perfected my very own cash management system - designed to maximize my cashflow returns with 2 simple tools - my cashback credit cards and my Versa account! Both these tools help me generate anywhere from RM110-160 monthly in cashback and interest earnings - that's like over 20 chap fan worth of savings :D
This video is sponsored by our friends at Versa :)
Get RM10 when you sign up and deposit RM100 on their platform, sign up below!
bit.ly/2Vty526
or you could use the code: V8JRW2G8
Note: Investment in a money market fund is not the same as placement in a deposit with a financial institution. There are risks involved and investors should rely on their own evaluation to assess the merits and risk of the investment.
Timestamps:
00:00 Introduction
00:32 4 cash reserves you should hold
01:09 Cash storage options
02:18 Best: fixed price unit trust
02:45 2nd best: money market fund (Versa)
04:40 My cash management system
05:38 My payday ritual
Переглядів: 4 461

Відео

My net worth, portfolio, expenses | 5 year FIRE journey
Переглядів 9 тис.3 роки тому
This month marks the end of 5 years since I first started working - and I've tracked every single penny I've ever earned, spent and invest so its time for a FIRE progress review! Pretty nervous to share my actual numbers but in this day and age, money matters should be openly discussed - and so I decided to share my own. My ultimate goal is FIRE - to reach financial independence, with the optio...
Stashaway detailed review | Stashaway vs S&P500 (2018-2021)
Переглядів 4,6 тис.3 роки тому
After a stellar run up in 2020, Stashaway's returns started to falter in 2021 - so I took a deep dive into Stashaway's investment strategy; comparing its performance to the S&P500 - the gold standard of long term investing. In case you’d like to try out Stashaway (not sponsored!) www.stashaway.my/referrals/yowc8qy ^ this referral link gives you a 6 months zero management fee period for investme...
Best insurance plan (Malaysia) | Medical, life insurance guide
Переглядів 23 тис.3 роки тому
Looking for the best insurance policies in Malaysia? Which is the best medical card/insurance in Malaysia, are investment-linked plans better or term plans? After comparing plans from the top insurance companies in Malaysia, here's what I've found: 3 major insurance types: 1. Medical card/insurance (covers your medical/hospital bills) 2. Life/TPD (cash payout if you die or are permanently disab...
How to buy crypto on Binance (updated) | Binance tutorial (Malaysia)
Переглядів 6 тис.3 роки тому
Binance is one of the best platforms to trade alt coins that are not available on Luno Malaysia (Cardano, Solana, Polkadot, Link etc). But the user interface isn't exactly beginner friendly - so in this video I go through a step-by-step tutorial on how to use the basic functions on Binance, including how to deposit/withdraw funds using the P2P function, how to buy/sell crypto and how to earn in...
A complete guide to money market funds | Versa Malaysia
Переглядів 14 тис.3 роки тому
If you're a fan of fixed deposits, you'll love money market funds because they provide you all the benefits of fixed deposits without many of its disadvantages. Money market funds provide slightly higher returns than FD, are liquid (meaning you can withdraw money at any time without interest rate penalties), and have very low to no minimum deposits. This is why many businesses choose to park th...
How to recover from a market crash | Crypto and stock crash
Переглядів 1,2 тис.3 роки тому
All crashes in the past look like opportunities, but all current and future crashes look like risks. With the stock and crypto markets taking a dump, how do you recover your losses? Market crashes are an inevitable part of investing, so lets put things into perspective and take a look at recovery strategies - execute correctly, and you can turn this crisis into an opportunity. Interested in buy...
How to invest in cryptocurrency SAFELY | + Luno Malaysia guide
Переглядів 43 тис.3 роки тому
How to invest in cyptocurrency safely? Believe it or not, there are some simple strategies that you could use to limit your risks when it comes to crypto-investing. I am by no means a crypto expert, so definitely research further before you invest your hard earned money! The best cryptocurrency exchanges in Malaysia are: Luno Malaysia (fully regulated by Securities Commission Malaysia) I'm not ...
How to start investing in Malaysia | 15 ways to grow your money
Переглядів 9 тис.3 роки тому
I like to think of investments as shopping for future money - you buy more money with your money time. In this video I break down 15 ways to grow your money using different investments or financial products- giving you a basic overview of the pros & cons, long term historical performance and how to get started. I use the following platforms to grow my money :) 1. EPF member's investment scheme ...
EPF i-sinar unconditional withdrawal | Should you withdraw from EPF?
Переглядів 2,4 тис.3 роки тому
Apply for i-sinar here (it's a gov website): isinar.kwsp.gov.my/submit-request So I just got my first i-sinar withdrawal banked into my account, just days after making an application online. I-sinar is not allowing anyone to withdraw a certain amount of savings from their EPF account 1. What do you stand to gain or lose by making this withdrawal? Well, you would be trading out stability for unc...
Is bitcoin a good investment? | Risks and rewards of bitcoin investing
Переглядів 1,7 тис.3 роки тому
What a month for bitcoin! The price of bitcoin went up 76% to nearly RM250k per coin before taking an 18% dive to around RM200k per coin - all in the same month! Should you buy the dip? In this video I break down the fundamental risks and rewards of bitcoin investing - looking at major factors that may drive its price up or down in the future. To be honest, there's as much uncertainty as there ...
Best robo advisor Malaysia | Stashaway, Wahed Invest, MyTHEO, Raiz, Best Invest
Переглядів 20 тис.3 роки тому
In this video, I compare the investing strategy and historical performance of Malaysia’s top roboadvisors (Stashaway, Wahed Invest, MyTHEO, Raiz and Best Invest) to figure out which is the best. Robo advisors are perfect for beginners and seasoned investors alike, providing an easy way to automate and diversify your investments across multiple asset classes and geographical markets. But beware!...
Active stock picking vs passive index investing | which is better?
Переглядів 1,4 тис.3 роки тому
Too often I hear people say that it's "so easy" to beat the market; other times, I hear that 90% of investors lose money in the stock market. So which is it? Well, after reading and cross checking very boring academic papers on the subject - here's what I found. Turns out, you CAN consistently beat the market, but very few people are able to do so. Shocker, I know. Deets: 0:00 Introduction 0:40...
A complete guide to EPF Members Investment Scheme | Best i-invest fund
Переглядів 9 тис.3 роки тому
EPF's Members Investment Scheme allows you to invest part of your EPF funds into approved unit trusts. But are these investments worth the risk? In this video, I break down everything you need to know about this scheme and what you should consider before making an investment through EPF i-invest. Also, I've included a list of the best performing EPF MIS funds using my own set of performance cri...
A complete guide to exchange traded funds | How to buy ETFs Malaysia
Переглядів 15 тис.3 роки тому
Exchange traded funds (ETFs) are relatively new investments in Malaysia - but they are fast becoming one of the most popular investment tools in the world, and with good reason! ETFs are low cost, highly diversified and many have strong track records of consistently high returns - best of all, its beginner friendly, and you can start with any amount, even just RM10! If it sounds too good to be ...
Selling all my unit trusts | Portfolio rebalancing
Переглядів 4,9 тис.3 роки тому
Selling all my unit trusts | Portfolio rebalancing
A complete guide to REITs Malaysia | Real estate investment trusts
Переглядів 14 тис.3 роки тому
A complete guide to REITs Malaysia | Real estate investment trusts
A complete guide to bitcoin | Bitcoin explained in 13 minutes
Переглядів 1,2 тис.3 роки тому
A complete guide to bitcoin | Bitcoin explained in 13 minutes
A complete guide to PRS Malaysia | Private retirement scheme
Переглядів 20 тис.3 роки тому
A complete guide to PRS Malaysia | Private retirement scheme
A complete guide to bank stocks | How to value bank stocks
Переглядів 4,3 тис.3 роки тому
A complete guide to bank stocks | How to value bank stocks
6 financial goals to achieve in your 20s | Personal finance basics
Переглядів 3,2 тис.3 роки тому
6 financial goals to achieve in your 20s | Personal finance basics
How millennials can be millionaires | Compounding interest
Переглядів 4,6 тис.3 роки тому
How millennials can be millionaires | Compounding interest
A complete guide to fixed deposit Malaysia | FD alternatives
Переглядів 17 тис.3 роки тому
A complete guide to fixed deposit Malaysia | FD alternatives
BEST cashback credit card (Malaysia) | How I get RM1500 in cashback!
Переглядів 34 тис.3 роки тому
BEST cashback credit card (Malaysia) | How I get RM1500 in cashback!
How to invest in stocks for beginners | How I pick my stocks
Переглядів 3,7 тис.3 роки тому
How to invest in stocks for beginners | How I pick my stocks
How to invest for beginners | Stashaway (roboadvisor), EPF Malaysia
Переглядів 13 тис.4 роки тому
How to invest for beginners | Stashaway (roboadvisor), EPF Malaysia
How much do dogs really cost? Lifetime cost of dog ownership
Переглядів 1,7 тис.4 роки тому
How much do dogs really cost? Lifetime cost of dog ownership
How much money do I need to retire? Retirement calculator and retirement plan!
Переглядів 20 тис.4 роки тому
How much money do I need to retire? Retirement calculator and retirement plan!

КОМЕНТАРІ

  • @jonwong1692
    @jonwong1692 Місяць тому

    Doggo is tired and wants to sleep 😅

  • @aisya5187
    @aisya5187 2 місяці тому

    1:57

  • @nyam0k
    @nyam0k 3 місяці тому

    Thank you. Well balanced presentation and eye opening. Appreciate it

  • @harveerarsenal
    @harveerarsenal 3 місяці тому

    Thank you !!

  • @thomaswong6822
    @thomaswong6822 3 місяці тому

    Hello I need assist , sometime ago friend recommended me to buy etherium in binance and now I can’t verify kyc. Can anyone assist me please

  • @davidyeoh4458
    @davidyeoh4458 4 місяці тому

    Luno reward code: MZ8NXV Get RM75 BTC

  • @alexteh1873
    @alexteh1873 4 місяці тому

    great content. your last video was 2 years ago. hope you can continue to make great content

  • @leonwoolf8984
    @leonwoolf8984 5 місяців тому

    Can't figure out why my chart layout cannot be saved.

  • @NickGhale
    @NickGhale 5 місяців тому

    Small nitpick, 4% is a little on the high side. More sophisticated channels advocate for anywhere from 2.75 to 3.5%. The 4% is based on historical outperformance

  • @NickGhale
    @NickGhale 5 місяців тому

    Hi Swan, small nitpick: banks don’t lend out your deposits, in fact, deposits are created by the bank lending you money. You can check out the bank of Englands paper to find out more.: “Money creation in the modern economy”. Money multiplier myth and fractional reserve banking myth needs to end

  • @NickGhale
    @NickGhale 5 місяців тому

    What would be the CAGR swan? Those are some serious returns

  • @coryza91
    @coryza91 6 місяців тому

    Which is the best fund to invest in I-Invest EPF for 2024 ?

  • @winvestman9745
    @winvestman9745 6 місяців тому

    WOW, you made my day. Thanks !!!

  • @llnic4711
    @llnic4711 6 місяців тому

    Good video! Hope to see your video soon. Thanks

  • @llnic4711
    @llnic4711 6 місяців тому

    All your videos are very informative and explained well. Why no more new videos? Thanks

  • @gamesofalltypes5355
    @gamesofalltypes5355 7 місяців тому

    Thank you finally found a helpful video ❤

  • @lam2-x2t
    @lam2-x2t 7 місяців тому

    My friend told me that USMART SG supports trading, and you can use your ID to open an account. Plus, there's no buying limit. I'm thinking of giving it a try!

  • @shamsagel
    @shamsagel 7 місяців тому

    I don't see any MYR currency on the app that i am using, can i buy USD insted?

  • @SaadonAksah
    @SaadonAksah 8 місяців тому

    Wow 3% fd rn sounds really good compared to two years ago 😂

  • @stevendawson3052
    @stevendawson3052 8 місяців тому

    Can this be done through banks

  • @KeithOrbit
    @KeithOrbit 9 місяців тому

    Swan. What is minimum deposit for money market fund.

  • @wongcinsheng3937
    @wongcinsheng3937 9 місяців тому

    Thanks for the video. It is very helpful!

  • @user-gw9yx2wx5g
    @user-gw9yx2wx5g 9 місяців тому

    I am losing money because of PRS. Buying stocks is better.

  • @TanChiaPin-oi7td
    @TanChiaPin-oi7td 10 місяців тому

    Good Job , This is the best PRS and most informative chs i have ever seen in youtube , thank you . Ms Swan

  • @wychan2004
    @wychan2004 10 місяців тому

    Another crypto scam which going to be kiok... safe? 😮

  • @TheWanderbugChannel
    @TheWanderbugChannel 11 місяців тому

    Love your videos! Trying to be more financially literate and your explanations are so easy to follow for someone like me with almost no finance background.

  • @mattmatt9971
    @mattmatt9971 11 місяців тому

    What a cute n funny doggy😂😂

  • @firhanrizani96
    @firhanrizani96 Рік тому

    What about hong leong?

  • @SaadonAksah
    @SaadonAksah Рік тому

    Thanks for sharing your experience 👍

  • @SaadonAksah
    @SaadonAksah Рік тому

    Versa is offering a higher rate now. So I agree with this. But touch n go is not too far behind too 👍

  • @SaadonAksah
    @SaadonAksah Рік тому

    Nope. I wont touch bitcoin even with a 10 feet pole 😂

  • @SaadonAksah
    @SaadonAksah Рік тому

    I think you need to update this 😂. With zero sales charge I'll put Best Invest on the top of my list 😂 Oh yes! I dont mind gold in my portfolio..

  • @SaadonAksah
    @SaadonAksah Рік тому

    Nice! Thanks for the breakdown! 👍

  • @SaadonAksah
    @SaadonAksah Рік тому

    Nice! Thanks for sharing this 👍

  • @SaadonAksah
    @SaadonAksah Рік тому

    14% loss? Well is it unit trust in local equities?

  • @adliabdullah3859
    @adliabdullah3859 Рік тому

    Apprehended! Thanks a bunch!

  • @yukigumarnament5916
    @yukigumarnament5916 Рік тому

    but how many people actually have 1 mil or more in EPF hmm

  • @KambanRamiah-yf8jr
    @KambanRamiah-yf8jr Рік тому

    Bcoz i cannot withdraw money

  • @KambanRamiah-yf8jr
    @KambanRamiah-yf8jr Рік тому

    Can i know how to off auto reinvestment pls

  • @koksoonlau8480
    @koksoonlau8480 Рік тому

    Hi i am new to your channel, do u have any post related to foreign FD?

  • @emyt4461
    @emyt4461 Рік тому

    Hi I came back to your channel again but didnt see any new video

  • @jackylee_jack
    @jackylee_jack Рік тому

    Your video was very helpful n informative. Thanks for sharing.

  • @wendyloo9454
    @wendyloo9454 Рік тому

    Thanks For sharing, i would like to know there is a cash bonus in some insurance plan, can i take out the cash bonus rather than let it stay inside with the company ? as i think stay with the company it seems wont growth much , and i wonder does it help if let it stay with the company?

  • @radiohead4222
    @radiohead4222 Рік тому

    Very good channel. Hope you can update the channel for new videos

  • @ken_yap
    @ken_yap Рік тому

    I learned everything I needed to know about buying insurance in Malaysia in under 20 mins! Please come back and make more videos! You provide amazing and really useful financial advice and tips! 🙏🏻💯

  • @eerthagzz
    @eerthagzz Рік тому

    Hi, can you do a video to explain about the funds in isnurance?

  • @seanchen9265
    @seanchen9265 Рік тому

    What happen to channel? Sudden disappear

    • @radiohead4222
      @radiohead4222 Рік тому

      She is already........ 😭

    • @ygan7953
      @ygan7953 29 днів тому

      ​@radiohead4222 really.?

  • @foxifb170
    @foxifb170 Рік тому

    This is very informative, thank you!

  • @ChanNair28
    @ChanNair28 Рік тому

    How to do real mining coins

  • @ChanNair28
    @ChanNair28 Рік тому

    Hi do u do forex trading