COLLEGE OF BUSINESS MANAGEMENT AND ACCOUNTING

SULTAN HAJI AHMAD SHAH CAMPUS

BACHELOR OF ACCOUNTING (HONS.)

SEMESTER 1 2022/2023

AKPK1011

PERSONAL FINANCIAL MANAGEMENT

INDIVIDUAL ASSIGNMENT

SECTION: 1M

PREPARED BY:

STUDENT’S NAME ID NUMBER

SITI KHADIJAH BINTI SHEIKH AC01082709

NORAZMIRA

PREPARED FOR: ENCIK MOHD AMRAN BIN JAAFAR

 If I was handed RM 115,000, I must carefully consider how I will invest the money and
how much I will spend per ringgit. I must decide which investment options are ideal for each
ringgit.

Type of Investment RM Reasons Why

ASB (Amanah Saham 28,750 ● zero upfront costs: There are no

Nasional Berhad) up-front costs associated with
investing in ASB. As a result,
investing receives a larger portion of
your funds than paying fees.
● minimal management costs: The
ASB fund only pays a 0.35 percent
yearly management charge. Other
equity unit trust funds, meanwhile,
may charge yearly management fees
of as much as 1.5 percent.
● regular returns: Since 1990, ASB
has paid out dividends ranging from
5% to 14% annually.
● rapid withdrawal: ASB funds are
readily available and liquid. Online
withdrawals are limited to RM500 per
month. For bigger withdrawals and
rapid money transfers, visit an ASNB
counter or branch.
● Applying for an overdraft facility:
When applying for an overdraft
facility (a sort of loan where the bank
permits you to take more money than
what is in your account), you can use
your ASB funds as collateral.
 ● Shariah-compliant.
Tabung Haji 28,750 ● Providing for the guests of Allah (Hajj
pilgrims).
● Guaranteed by the government.
● Exempted from taxes.
● Fulfilments of zakat obligation.
● No deposit limit.

Gold 28,750

● Gold and other rare metals have

traditionally been regarded as shrewd
inflation hedges. That's because,
despite changes in the value of the
ringgit, it usually maintains its value
over time and keeps your purchasing
power.
● Gold can be an excellent method to
assure a broad portfolio during
economic downturns. Your exposure
to these riskier assets is typically
reduced through diversification, which
also lessens the severity of any losses.
Takaful Insurance 28,750 ● Takaful products have grown
increasingly complicated yet useful in
helping subscribers make early
preparations (in event of an
emergency) because of including a
savings and investment factor.
● Since Takaful complies with Shariah,
it is a preferred method of saving in
Malaysia as opposed to standard
insurance.
● Takafuls can efficiently pool their
funds. The nation's Gross Domestic
Product (GDP) rises because of
promoting investment, increasing the
wealth of the nation.
REFERENCES

Asb vs Tabung Haji, Simpanan Pelaburan Dividen 2023. (2023, January 18). Mypt3. Retrieved

May 30, 2023, from https://mypt3.com/simpanan-tabung-haji-vs-asb

Hanis Aalia Hidzir. (2022, July 21). ASB kekal pilihan terbaik buat pelabur milenium. Berita

Harian. Retrieved May 30, 2023, from

https://www.bharian.com.my/berita/nasional/2022/07/978850/asb-kekal-pilihan-terbaik-b

uat-pelabur-milenium

IVLYNN YAP. (2021, July 5). Kepentingan takaful dan insurans dalam keadaan tidak menentu.

Sinar Harian. Retrieved May 30, 2023, from

https://www.sinarharian.com.my/article/148103/khas/pendapat/kepentingan-takaful-dan-i

nsurans-dalam-keadaan-tidak-menentu

Usahawan muda digalak sertai pelaburan emas. (2022, February 10). Berita Harian. Retrieved

May 30, 2023, from

https://www.bharian.com.my/berita/nasional/2022/02/921274/usahawan-muda-digalak-se

rtai-pelaburan-emas