Ringgit and Sense

Rajen Devadason is the CEO of corporate consultancy RD Wealth Creation, and is also a Securities Commission-licensed financial planner with Manulife Asset Management Services. He answers some of your personal finance questions on Ringgit Ring-In: Should I get a credit card? Is cash the best hedge for inflation? How to make Gen-Ys care about saving for retirement? What to do if you have no savings...

We try to get a verdict on which home broadband package gives the best value for money. See omnystudio.com/listener for privacy information.

We give the controversial developers' housing loan scheme a financial planning treatment where we found voices of both dissent and support. See omnystudio.com/listener for privacy information.

Borrowing to invest isn't always financial planning heresy. See omnystudio.com/listener for privacy information.

We look into how much money reward and loyalty programmes save you as well as satisfy a curiosity of how they work. Hint: it's a win-win. See omnystudio.com/listener for privacy information.

Some of the more interesting questions that came through on Ringgit Ring-In: What does a 30 year old do with RM200k? Is it worth it to pay 7.5% on personal loans? Will the stock market make me rich? See omnystudio.com/listener for privacy information.

We talk to Gen-Y blogger AaronTang or Mr Stingy again, this time about his thinking of why he bought a used rather than a new car. We also explore technological factors that give us smooth transportation without a prestige loss. See omnystudio.com/listener for privacy information.

Rajen Devadason opens a path for super conservative investors who are crippled by fears of volatility in the current market environment to build their wealth. See omnystudio.com/listener for privacy information.

The debate right now is whether peddlers of financial products should be paid a commission for a sale or fees for giving advice. The advocates of the fee model say that it removes conflicts from advice which in the long term is better for your financial goals. See omnystudio.com/listener for privacy information.

Some questions from this session of Ringgit Ring-in: How should one take advantage of EPF's removal of the 30% foreign investment limit for approved unit trust funds? How should I invest the RM1 million I have in my retirement years? How should I invest if I have zero-risk tolerance? What's the difference between unit trust and stock market investing? See omnystudio.com/listener for privacy inform...

The Employees Provident Fund's (EPF) will open the new Shariah-compliant savings scheme for registration on Aug 8, 2016. RM100b will be offered for this scheme on a first-come-first-served basis. EPF says that this scheme is “Open to all who are required and eligible to contribute regardless of religion, race and nationality.” We look into factors you should consider in making this dec...

The internet economy is alive and kicking and the future looks good for people looking for alternative ways of making money that is beyond the standard employment contract. Grab and Uber are the most popular ride-sharing apps which offer an option for stable incomes for driver. See omnystudio.com/listener for privacy information.

Should Malaysians studying in the UK buy the pound now? Should anyone buy the pound now? Also: The financial planner's views on shopping addiction See omnystudio.com/listener for privacy information.

What does it mean to have a career change of mind? And what does it mean to have it in the middle of a bonded study debt of RM58,000? See omnystudio.com/listener for privacy information.

Can you be your own insurance agent?  Cost savings would be a very compelling reason to do it -- the more you save, the more flexibility you have in managing your finances. However, it's important to also consider if you’ll lose out on good advice without an insurance agent. Jared Lim, Managing Director of Loanstreet.com.my talks us through both sides of the argument. See omnystudio.com...

Data plans for our smartphones have become a fixed and unavoidable spend. We look into some ways on how to have more bang for your data buck. See omnystudio.com/listener for privacy information.

We can find a lot of wisdom in old sayings. Idioms like ‘money makes money’ and ‘save first and spend later’ come to mind. Today we talk about “Cash, capital and courage” where we dig deeper into how some of these age-old ideas can lead to financial freedom. See omnystudio.com/listener for privacy information.

How real is over-insuring? I've lost all my profits in the short term, should I abandon the idea that investing should be long term? Are FDs the way to financial freedom? What are the advantages of ETF investing and how to do it? See omnystudio.com/listener for privacy information.

Insurance policies are too important to not understand what they are all about. We fulfil your burning desire to know what exactly is meant by terms like term insurance, whole-life, endowment, investment-linked and riders. See omnystudio.com/listener for privacy information.

Detailing all your expenses and deciding whether you can cut the list down is not stating the obvious in this age of conspicuous consumption and living beyond your means. See omnystudio.com/listener for privacy information.

It's well known that education can cost a lifetime of savings. The inconvenient truth to this is that parents risk under-funding their retirement. See omnystudio.com/listener for privacy information.

In Ringgit Ring-In, your personal financial questions are addressed by a qualified financial planner. This episode we answer questions about savings versus investing, and how under-30s can get on the property ladder. See omnystudio.com/listener for privacy information.

General insurance is often overlooked as the main focus is usually on life insurance. This is risky since healthcare risks and costs are rising. We also explore how you can get coverage for an inability to service home loans. See omnystudio.com/listener for privacy information.

Starting the savings habit young is an undeniable advantage but understanding why that is needed takes it one step further. See omnystudio.com/listener for privacy information.

In this episode of our call in show, it's all about insurance. What is the right coverage amount? Should we insure for children and children's education? What is the lowdown on investment-linked policies? See omnystudio.com/listener for privacy information.