In essence what you want to do is create a moderate-risk portfolio that will not be subject to wild changes during periods of market volatility. You might have to wait a minimum of five years or longer to see the kind of returns you want to ensure a comfortable retirement, but this is the best way to ensure that you achieve comfort and maybe even a little luxury.
Moderate-risk portfolios are great for people who have a long-term goal they must achieve and cannot afford to make high-risk aggressive investments. At this stage in your life, moderate should be the most amount of risk you are willing to take if you do not have a lot of savings to fall back on if an aggressive investment style backfires.
Retire in Style with KDI
KDI’s A.I.-driven platforms make investing for your retirement easier, faster and more efficient through KDI Invest and KDI Save.
KDI Invest has a very affordable initial investment of RM250, and the recurring minimum investment amount is RM100. It has one of the lowest fees, and if your investment amount is RM3,000 and below, there are zero fees.
This instrument is a good way to start investing as it will help you to become more financially literate. This will give you the confidence to diversify your portfolio further and have a higher chance of meeting your retirement goals.
KDI Save is a savings account that will earn you daily returns on your savings with no management fees or lock-in period. With returns that outperform most fixed deposit returns, you can start your saving journey with KDI Save from just an initial deposit of RM100, and every subsequent top-up is at RM10.
If you want to make your money work for you, you can always move your KDI Save funds to KDI Invest. This robo-advisor builds you a portfolio consisting of US-listed exchange-traded funds (ETFs) while factoring in your risk profile. Your portfolio will be driven by the amount of risk you’re willing to take as well as the duration within which you want to see returns.