How to make your money work for you [Part 1]

Some of us wish to retire early or hope to retire early. Even we love on what we do (eg: salaried job), but sometimes during bad day, we might lost it, and wish can just walk a way. Worst, when 2-3 things happened in once.

This article is applicable to everybody, specially in Malaysia, not necessary bumiputra, since now the option available to almost every citizen. Option might limited, but it's better that don't have options at all.

 Referring back to the title, it is imperative to understand that, in order to make the money work for you, you must have the money first. If you don't, I might have to put some suggestion here [later]. And it's not a scam or ponzi scheme that make you rich overnight. The idea is NOT to make you rich, rather give you ample income stream as you retire. So much like pensioner that withdraw their money every month.

How much is enough? It very much depends on everyone's need. Some might need RM1000-2000 per month, some might even lower that that during retirement. Based on assumption, you already paid off your housing loan, personal loan & hire purchase. If you still have those, better of to pay off those have higher interest loan such as personal loan or credit card loan.

Let's go right away. My choice of money working machine as below:

1. ASNB unit trust fund (fixed & variable price)
2. Mutual Fund (Public Mutual, CIMB, Kenanga, etc)
3. Tabung Haji (for muslim only)
4. Amanah Hartanah Bumiputra / AHB  (for bumiputra only)
5. EPF (of course)


[Part 1]
The beauty of ASNB is they able to give comparatively above average dividend consistently. With multiple kind of fund available, you not only get favorable income return, but in different time frame too. So, it's wise to spread your investment equally into all of their fund in order to generate income on monthly basis.

Take a look

ASB [Dividend payable on 1st Jan] {2015: 7.75%, 2016: 6.75%}
ASN [Dividend payable on 1st Jan] 
PISVF [Dividend payable on 1st Jan]
PISGIF [Dividend payable on 1st Jan]  

PIOGF [Dividend payable on 1st Feb]
PIEMOF [Dividend payable on 1st Feb]

PIOEF [Dividend payable on 1st Mar]

Public Mutual PRS [Dividend payable on 1st Apr] 
ASG [Dividend payable on 1st  Apr] {2016: 6%, 2017: 4.5%}
ASM [Dividend payable on 1st Apr]
AHB [Dividend payable on mid Apr] {2016: 3.3%, 2017: 3.1%}
ASB2 [Dividend payable on 1st Apr] {2016: 7.05%; 2017: 6.5%}

PIDF [Dividend payable on 1st May]
PIADF [Dividend payable on 1st May]
Tabung Haji [Dividend payable on mid May]

PITTIKAL [Dividend payable on 1st June]
PIEF [Dividend payable on 1st June]
PISTF [Dividend payable on 1st June]

PIMMF [Dividend payable on 1st July]
ASN2 [Dividend payable on 1st July] {2016: 3.45%, 2017: 3.1%}
ASD [Dividend payable on 1st July] {2016: 6.3%, 2017: 6.0%}

PIOF [Dividend payable on 1st Aug]
PISEF [Dividend payable on 1st Aug]
PIINCOME [Dividend payable on 1st Aug]

PITGF [Dividend payable on 1st Sept]
ASW2020 [Dividend payable on 1st Sept] {2016: 6.3%, 2017: 6.0%}

PIAVGEF [Dividend payable on 1st Oct]
PIENTEF [Dividend payable on 1st Oct]
AS1M [Dividend payable on 1st Oct] {2016: 6.1%, 2017: 6.0%}
AHB [Dividend payable on mid Oct] {2016: 3.2%, 2017: 3.1%}

PAIF [Dividend payable on 1st Nov]
PIATAF [Dividend payable on 1st Nov]
PIGRBF [Dividend payable on 1st Nov] 

PIMXAF [Dividend payable on 1st Dec]
PISSF [Dividend payable on 1st Dec]
PCIF [Dividend payable on 1st Dec]
PIALEF [Dividend payable on 1st Dec]
PIA40GF [Dividend payable on 1st Dec]
PITSEQ [Dividend payable on 1st Dec]
ASN3 [Dividend payable on 1st Dec] {2016: 6.3%}

So I guess, you still have some months missing of income.  How to overcome? 
Interestingly, you can top up with other unit trust fund from other investment house that distribute dividend on other month. [See yellow/cyan color above]
Stay tuned..