Lowyat.NET: Latest topics in Finance, Business and Investment House

MCash now offers 0% surcharge for card reloads!, Another new e-wallet?

johnchen — Thu, 23 Jul 2026 12:13:35 +0800

What are you investing in July 2026,

xin123 — Thu, 09 Jul 2026 12:37:43 +0800

Hi sifus, we've officially crossed the halfway mark of 2026!

With the way the local and global markets have been moving lately, I’m curious to know what everyone's strategy is for this month. Personally, I’m looking to DCA (Dollar Cost Average) a bit more into US tech ETFs and maybe top up my ASB/EPF with some spare cash just to play it safe.

What about you guys?

IS anyone still active in bursa or has everyone went over to usa stocks.

Other than stocks, do local business investments actually work out well for you guys?

Cheers

FTAP#08 intake, FTAP

ykwooi — Wed, 08 Jul 2026 11:18:20 +0800

Anyone applied for the FTAP batch#8? have you received email from the training provider?

refinance using car,

Gablham — Wed, 01 Jul 2026 16:26:25 +0800

Hi

I came across where I can use my fully own car to refinance, pay loan again, where cash on the hand

legit?

The Total Cost of Ownership of a car, Is it worth it to buy a car?

cshereen — Wed, 01 Jul 2026 16:08:11 +0800

I’ve been looking at numbers on getting a car......

However, with the way interest rates, maintenance inflation, and second-hand depreciation have shifted over the years, the maths on the 'traditional ownership' doesn't really add up to me these days. By the time most people are halfway through their loan(say 9 years, the combination of servicing costs, insurance premiums, and the rapid depreciation of the asset (relative to the interest paid) seems to make the 'asset' a massive liability.

I’m curious to hear from those who look at the numbers closely:

At what point does the 'hidden cost' of owning (servicing/tax/insurance/wear & tear) outweigh the convenience of using Grab or car subscription?

Has anyone here actually ditched the loan trap and try either Grab or Car Subscription? Does it actually save capital long-term, or is it just a 'convenience' premium?

Just looking to compare notes on the actual ROI of owning a car in the current market.

deleted,

renodiy — Sat, 20 Jun 2026 19:56:30 +0800

deleted

Investing Opportunity ?, Hakshan Hakka Restaurant

6inchjj — Sat, 20 Jun 2026 00:53:30 +0800

Long story short , was looking for investment opportunities and stumbled upon this "Hakshan restaurant Group".
Expanding very fast.

Clicked on their ads on FB regarding investment opportunity...their slogan on the ads writes "OWNED BY YOU , OPERATE BY US"

Got a call from their representative , 1 lot share RM40k...max can buy 5 lots.
Guaranteed return investor capital in 1.5 years.

What's your thought about this ? Possible scam or legit ?

is nexo.io safe?,

FLampard — Thu, 18 Jun 2026 10:50:28 +0800

FD vs TIA, Comparison

babyscouts — Sun, 07 Jun 2026 10:19:53 +0800

I have put large amount of cash in TIA
Because it is higher 0.1% compare to FD
Now I am worry
Because PIDM not protect
Return not guarantee
Bank manager say so far return still never fail
What’s your experience with TIA

THE PRE-ELECTION 2026 DEFENSIVE PLAY,

plouffle0789 — Sat, 06 Jun 2026 12:25:04 +0800

Be U by Bank Islam is moving to BIMB mobile?,

nfiz3333 — Mon, 25 May 2026 13:05:50 +0800

I saw this when I open and login into Be U by Bank Ialam app. (refer to photo no. 1)

I also went to the website and I saw this (refer to photo no. 2).

Then I search via Google AI, I saw this (refer to photo no. 3).

Should I just open normal Bank Islam account via BIMB mobile and transfer everything from there after this? Since I don't have normal Bank Islam account as I'm only have opening Be U by Bank islam account. Any suggestions?

DSR calculation?, How does credit limit etc. affect it?

LostAndFound — Mon, 25 May 2026 10:41:54 +0800

The standard debt service ratio calculation is just total debt commitments per month divided by total income.

By this simple calculation, my DSR has been more than 100% for years now. Credit card bills average to 17k per month (staggered throughout the month), net salary ~10k. No other loans prior to 2026.

However I have had no issue applying for more CC (whenever I find a good cashback card). Every year maybe can add a card or two, and cancel cards which lost their benefits. Never thought much about the actual calculations - I can afford my bills, and the actual spend is nowhere near to the billed amount. My total credit limit is a few times more than my annual income.

Recently I got an approved house loan, and I got my first CC rejection (high commitment) this month (a different bank did approve another card though).

This got me wondering, how to banks actually calculate DSR? If its just debt per month / income then surely I would not have gotten my previous CCs approved. Do they consider the debt as some percentage of the bill (I pay in full on time every month, never pay interest to a bank for CC debt)? Maybe only considering minimum payment? Do they somehow use approved credit limit as a proxy for income?

Refinance house to buy new house?, retarded ma

keny0ng — Tue, 19 May 2026 13:37:17 +0800

Hi!

My current old house is almost fully paid up.

I'm considering buying a new house and thinking of refinancing my current house for RM200k and use that money to buy a new house + reno + misc etc.

If I refinance my house now, then next year (Q2) new house ready and move in ... then sell my old house. Is it a bad move?

What other ways to get around RM100k to Rm200k

Hope for your advise, thank you!

Low cost flat vs high rental condo.,

samftrmd — Tue, 05 May 2026 09:28:55 +0800

I'm at a stage to choose to maintain my fully paid low cost flat for below 800 rental, or sell it for 200k to service another multiple decades mortgage, higher yield rental condo.
I know low cost flat is easier to rent out, but selling it at good price require almost 50 to 100k to renovate it.
Getting a better rental yeild condo means talking risk of non performance, high fees, and worst exit strategy.

Anything else I have missed?

Insurance suggestions for newborn, Suitable insurance for newborn

kingman486 — Mon, 27 Apr 2026 14:26:28 +0800

Hello Everyone,

Would like to seek your kind opinions on a good set and forget reliable insurance for my newborn (now 4 months old).

Budget wise I am open to RM200 - RM350 a month (happy to consider other sums if it is the best value overall).

Focus wise, am looking for something necessary and anchored in reality. Things like RM15 million cap sounds good on paper but in reality not much use.

At the same time, am also looking for one myself too (age 31, married, healthy, non smoker/drinker). Any suggestions?

Note: I saw the news on the upcoming reforms etc, should I wait longer? Or buy now?

Any tips or advise would be very much appreciated!

Thank you!

Personal Finance App - Soft Launch, Budget Tracker App for Malaysians

watekungsik — Mon, 13 Apr 2026 20:51:46 +0800

Hey everyone,

I'm doing a soft launch for my personal finance app that built specifically for Malaysians and would love to get your feedback on any improvements or features you'd like to see

Current features:

24 expense categories tailored to Malaysia (tol, gas, TNG reload, groceries etc)

AI financial coach that speaks English & BM that can gives summary of your actual spendings, budgets and debts

Tax relief tracker for LHDN e-filing

Transport calculator - either by car or public transportation

Debt tracker with snowball/avalanche simulator

Couple mode - shared budgets with your partner

5 themes including a dark mode

It's free to use. Premium unlocks unlimited chat, receipt scanner and a lot more features coming soon.

If you're a content creator that have a platform, I would love to collaborate and create special offer for your audience. Please feel free to DM me

Available on both App Store and Google Play:
iOS Link
Android Link
What features would make this more useful for you? I'm actively shipping updates based on user feedback.

Where to get quick loan of around 80-100k, temporarily

keny0ng — Tue, 17 Mar 2026 13:02:55 +0800

Hi all!

I'm buying another house and selling my existing one.

Problem is I need to buy the new house first then only sell existing one. I need around 80-100k to sort out the new house (downpayment etc).

The old house should be sold in 1-2 months time which I'll immediately pay back the 80-100k loan.

May I know what's the best option for me?

Invitation-only fine dining events hosted by banks,

umboy — Sun, 15 Mar 2026 12:40:34 +0800

invitation-only fine dining events hosted by banks in Malaysia are typically reserved for high-net-worth individuals

How much AUM does your bank require?

Need advice on which account should I choose, Banking Account

umboy — Sat, 14 Feb 2026 12:13:56 +0800

What is the reason behind your choice ?

Edit
Reasons for private banking
1. Receive gifts from bank during festive season
2. Invitation to multiple annual event dinner

Reasons for multiple banks
1. PIDM protection
2. If one account hack, all my other accounts are still safe

This are my reasons
I still can’t decide which is better

Beef Import Permit,

reanimation_84 — Thu, 12 Feb 2026 13:22:55 +0800

Looking to import about 100-200 tons/month of beef from Australia. Looking for IP holders to work together. Thanks.