Is Fintech Safe?

(How to save with RM 100? – Part 3)

I got no money to invest, so how?

Hi! This is Ka Hoe and I’m the founder of J Advisory. So today I’m going to cover the 3rd part of this whole misconception which I started last week and I wanted to add in another misconception which a lot of people asking when I share with you on this solution what basically is the misconception?

So a lot of people say that I don’t have money to invest and last week I talked about how we can invest with as little as a RM 100 and I’ve shared the first and second way, and today I’m going to share the 3rd way which is involving Fintech.

“The 3rd way of investing with a RM 100 is through FinTech”

Talking about Stashaway, talking about P2P, like Funding Societies, Fundaztic and this, you know, when I share this, a lot of people, the first impression or the first misconception, they will ask is “Is Fintech safe?” So Let me just take some time to share with you from a point of view, from as a licensed financial planner. No, this is not a sponsored post. But again just wanted to clarify this because I personally invested in Stashaway and for Funding Societies, not yet.

But basically once you understand the mechanism and the fundamental, what is the underlying asset?, then you will give you a better sense of awareness of what are you investing hence, that is why the most important, One should invest is always into your education, especially Financial Education.

“The most important investment is always into your own education, especially Financial Education”

So from a regulation point of view how safe is it. is pretty safe because these companies are the companies that have gotten licensing from Securities Commission, and it’s not any Tom, Dick or Harry that wants to come in to sort of give or offer some investment. You know in Malaysia is very strict right? So, in a sense these companies have gotten the proper licensing hence is actually safe from that point of view. But whether is it safe from an investment point of view, that ladies and gentlemen, you’ve got to do your own due diligence, right?

So so far. I’ve invested in Stashaway for the past six months. And of course again, we use the “dollar cost averaging” at least every month. I put a certain amount aside And my portfolio has been getting about almost six percent return in 6 months six or seven months. So for me, there’s actually a quite good return because I understand what Stashaway is, is actually investing into ETF.

If if you’re wanting to know why ETF do let me know in the comment section so I can make another video on that and for P2P, P2P is investing into debts or what do you mean by debts? What do I mean by P2P is P2P means “Peer-to-Peer Financing” and eventually you are. Investing your money so that the company is able to loan it to someone else, similar like a bank but they are loaning to the bank’s people that the banks don’t cover all companies that the banks don’t cover (loan to). Hence is a different market all together.

“Do you know the underlying asset that you are investing in?“

And then your question again, how safe is it? Hence, I would strongly recommend you to go through some of their due diligence, their term sheets. Whatever that before you invest. You need to understand the underlying asset, right? So if you like to know more, I put the link for both of these companies below and let me know if you’ve got further questions so that I can know what other contents or perhaps some of the info that you like to know more in the future right? Take care guys.

Here are the resources I promise you.

• Stashaway – https://www.stashaway.my/
• Funding societies – https://fundingsocieties.com.my/
• Fundaztic – https://fundaztic.com/my/