Hi, great video and impressed by your financial literacy at such a young age. By the way, some other cons on P2P funding that i could see: 1. The profits is taxable. Unlike stock investment (capital appreciation), profits from P2P is subjected to malaysia income tax. So it will taxed at 20++% (depends on your income) and thus lowering down your overall return. 2. Autoinvest does not evaluate the quality of the company before invest. This will result in high default rate as money is invested in a poorly managed company. 3. The money is not protected by PIDM. So the money invested may just burnt to ash if all get defaulted and will hardly get it back . Even it will but will be a tedious process. 4. The fees to get defaulted loan will comes from investors' pocket (debt collectors, legal fees etc). Hope my suggestion helps
Hey suyin just wanted to say good review for educating people like me. I just got back from the states after there for nearly 10 years and saw a lack in local financial channels like yours. Keep it up and ignore dumb comments from people like Jason below. Keep it up! 👌
Thanks for sharing this with me, Joshua! You're right, I see so much content available for our friends in the northern hemisphere, but we Malaysians also boleh lah kan :) Thanks for all of the kind support!
Hi Suyin, quality content as always. I just have a few comments to share after looking at some of your videos. I wanted to say your videos are fruitful to us malaysian investor, it indeed is high quality and I think you deserve more views. I guess you just need to have more publicity and CTR like many other youtubers to get people to click first before noticing this is quality content. There are several things that me as a viewer cares alot and you can look into it 1. Thumbnail (with consistant font & design) 2. Video length (shorter is better, I like videos under 10 mins and hardly watch any with >20 mins, but this can be totally subjective. I do play your video in 1.25/1.5x, so i guess there might be some more editing you can do, just my personal opinion) 3. Title (which I think yours are okay) Dont stop making videos, wish to see your channel grow in short future!
Thanks so much for the kind feedback, I can tell that you are someone that genuinely cares. I love that tip, I'd like to work on consistency of my Thumbnail theme, will find out what fonts I can commit to using for a long long time. Will explore and commit to one :D Thanks for this! I also like that you watch at 1.25x the speed, I generally watch all videos at that speed unless the speaker speaks fast. I'm one of those think and talk speakers so I definitely know I talk slow and even slower if I'm thinking it through haha. Thanks again for the pointers. Hope you have been well and are having a great week!
Just to avoid confusion, when i say consistent I meant consistent within one thumbnail, of course you can be consistent across your whole channel too! Also I would like to mention, thumbnail that attracts usually are very high res and under good lighting. Wish you have a good week too!
Btw on the con number 3, its no longer like that now. I managed to manually invest in a note which had a great sme score and paying behaviour, 3 hours after that note was released. Fyi
Hi SuyinOng, I'm from the Philippines and just wondering if I'm allowed to Invest and Signup in Funding Societies? also, how much is the dividend rate? Thank you and more power! cheers!
Hi Mark! So cool, all the way from Philippines! I believe FS Malaysia is only for Malaysians. And there’s no specific dividend rate, just a interest rate given for loaning those SMEs money. But P2Plending to me right now on this platform is too risky. Too many SMEs defaulting on their loans
I see. I stopped because of the defaults too. Im starting to notice that all defaults I get are business terms financing. Are all your defaults coming from business terms financing as well?
@@DanialAdamz I stopped re-investing before I started to get any defaults luckily. Ahh, that's an interesting insight there! Thanks, I really do hope all of the defaults can be reclaimed.
BEWARE! It's all bullshit! Am the investor which mislead by their advertisement and data publish in the app! It show amount funded of few Billion RM with low defaulted rate of less then 2% but that was combined with several countries. IT WAS MISLEADING!
Having your bed as your background to talk on investment is never a good idea. You should talk on romance and finding your right partner when you have this background. Yours sense is really out, sorry to comment like this because it is very a sore eye.
Hi, great video and impressed by your financial literacy at such a young age.
By the way, some other cons on P2P funding that i could see:
1. The profits is taxable. Unlike stock investment (capital appreciation), profits from P2P is subjected to malaysia income tax. So it will taxed at 20++% (depends on your income) and thus lowering down your overall return.
2. Autoinvest does not evaluate the quality of the company before invest. This will result in high default rate as money is invested in a poorly managed company.
3. The money is not protected by PIDM. So the money invested may just burnt to ash if all get defaulted and will hardly get it back . Even it will but will be a tedious process.
4. The fees to get defaulted loan will comes from investors' pocket (debt collectors, legal fees etc).
Hope my suggestion helps
Ahh those are some great points, didn’t know about point 1 and 4
Hey suyin just wanted to say good review for educating people like me. I just got back from the states after there for nearly 10 years and saw a lack in local financial channels like yours. Keep it up and ignore dumb comments from people like Jason below. Keep it up! 👌
Thanks for sharing this with me, Joshua! You're right, I see so much content available for our friends in the northern hemisphere, but we Malaysians also boleh lah kan :) Thanks for all of the kind support!
Hi Suyin, quality content as always. I just have a few comments to share after looking at some of your videos. I wanted to say your videos are fruitful to us malaysian investor, it indeed is high quality and I think you deserve more views. I guess you just need to have more publicity and CTR like many other youtubers to get people to click first before noticing this is quality content. There are several things that me as a viewer cares alot and you can look into it
1. Thumbnail (with consistant font & design)
2. Video length (shorter is better, I like videos under 10 mins and hardly watch any with >20 mins, but this can be totally subjective. I do play your video in 1.25/1.5x, so i guess there might be some more editing you can do, just my personal opinion)
3. Title (which I think yours are okay)
Dont stop making videos, wish to see your channel grow in short future!
Thanks so much for the kind feedback, I can tell that you are someone that genuinely cares. I love that tip, I'd like to work on consistency of my Thumbnail theme, will find out what fonts I can commit to using for a long long time. Will explore and commit to one :D Thanks for this!
I also like that you watch at 1.25x the speed, I generally watch all videos at that speed unless the speaker speaks fast. I'm one of those think and talk speakers so I definitely know I talk slow and even slower if I'm thinking it through haha.
Thanks again for the pointers. Hope you have been well and are having a great week!
Just to avoid confusion, when i say consistent I meant consistent within one thumbnail, of course you can be consistent across your whole channel too! Also I would like to mention, thumbnail that attracts usually are very high res and under good lighting. Wish you have a good week too!
Found you while looking on funding societies. Jiayou posting!
Thanks very much :) I don’t advocate for Funding Societies at the moment, default rates too high for my liking
Btw on the con number 3, its no longer like that now. I managed to manually invest in a note which had a great sme score and paying behaviour, 3 hours after that note was released. Fyi
Thanks for the update :)
Hi ! Thank you for the info, and you boleh tak buat video on wahed invest.
Hi Radi, unfortunately I don't invest in Wahed so I probably wouldn't be making a video on it
Great information!
Thank you so much!
Hi may i know are you still investing on this platform?
Hi Dewi! Not actively. I’ve stopped the bot awhile back and I’m just waiting to recollect all of my payments :)
Hi
SuyinOng, I'm from the Philippines and just wondering if I'm allowed to Invest and Signup in Funding Societies? also, how much is the dividend rate? Thank you and more power! cheers!
Hi Mark! So cool, all the way from Philippines! I believe FS Malaysia is only for Malaysians. And there’s no specific dividend rate, just a interest rate given for loaning those SMEs money. But P2Plending to me right now on this platform is too risky. Too many SMEs defaulting on their loans
Hey, just wondering, did you stop using FS or are you still actively investing using it?
No longer actively using it, just collecting back what I lent out. No happy with their increasing defaults
I see. I stopped because of the defaults too. Im starting to notice that all defaults I get are business terms financing. Are all your defaults coming from business terms financing as well?
@@DanialAdamz I stopped re-investing before I started to get any defaults luckily. Ahh, that's an interesting insight there! Thanks, I really do hope all of the defaults can be reclaimed.
Hi Suyin, the Funding Societies link does not work
Hi Thumelen, sorry about that! Will update the link in the desription bar
promo.fundingsocieties.com.my/referral-program/?r=jpv8c1gd
BEWARE! It's all bullshit! Am the investor which mislead by their advertisement and data publish in the app!
It show amount funded of few Billion RM with low defaulted rate of less then 2% but that was combined with several countries. IT WAS MISLEADING!
Agreed
Having your bed as your background to talk on investment is never a good idea. You should talk on romance and finding your right partner when you have this background. Yours sense is really out, sorry to comment like this because it is very a sore eye.
Take a chill pill man, she can do whatever she wants, it's her channel. And you don't need to be sorry for being an asshole, we are sorry for you.
Fuck you old man. If you were in front of me I'll kick you straight to your face. I bet you might be gone
soooooooooo every youtuber that talked that have their beds as their background is out of sense ?????
Just focus on what she's delivering. Unless you have other things running in your mind.....
@@ForeverlovejinyoungBana i bet he is