Investing is one of the best ways to grow wealth and achieve financial freedom. In Malaysia, there are various investment options ranging from low-risk fixed deposits to high-return stock markets and alternative investments like cryptocurrency. However, with economic uncertainties in 2024, choosing the right investment is crucial to maximizing returns while minimizing risks.
This guide explores the best investment options in Malaysia for 2024, comparing their risks, returns, and suitability for different financial goals.
Best Investment Options in Malaysia (2024)
| Investment Type | Expected Returns (p.a.) | Risk Level | Best For |
| Fixed Deposits (FDs) | 3.5% – 4.3% | Low | Safe, guaranteed returns |
| ASB (Amanah Saham Bumiputera) | 4.5% – 5.5% | Low-Medium | Passive income for Bumiputeras |
| EPF (Employee Provident Fund) | 5% – 6% | Low | Retirement savings |
| Unit Trusts (Public Mutual, ASNB, etc.) | 4% – 8% | Medium | Long-term growth, diversified portfolio |
| Stocks (Bursa Malaysia, US Stocks) | 5% – 20% | High | Active traders, high return potential |
| Real Estate (Property Investment) | 3% – 8% + capital gains | Medium-High | Rental income & long-term appreciation |
| Robo-Advisors (StashAway, Wahed Invest, MyTheo) | 4% – 10% | Medium | Hands-free, automated investing |
| REITs (Real Estate Investment Trusts) | 5% – 7% | Medium | Earning rental income without buying property |
| Cryptocurrency (Bitcoin, Ethereum, etc.) | High volatility | Very High | High-risk, speculative investors |
Returns are estimated and may vary based on market conditions.
1. Fixed Deposits: Best for Risk-Free Savings
- Expected Returns: 3.5% – 4.3% p.a.
- Why Invest? Fixed deposits offer guaranteed returns with zero risk.
- Best Banks Offering High FD Rates: CIMB, Maybank, Public Bank, RHB.
- Who Should Invest? People who want secure, low-risk investments.
2. ASB (Amanah Saham Bumiputera) : Best for Bumiputeras
- Expected Returns: 4.5% – 5.5% p.a.
- Why Invest? ASB funds are managed with low risk and provide better returns than fixed deposits.
- Who Should Invest? Bumiputeras looking for long-term passive income.
3. EPF (Employee Provident Fund): Best for Retirement Savings
- Expected Returns: 5% – 6% p.a.
- Why Invest? EPF contributions ensure tax-free and steady returns.
- Who Should Invest? Salaried employees who want stable long-term growth.
4. Unit Trusts: Best for Long-Term Passive Investing
- Expected Returns: 4% – 8% p.a.
- Why Invest? Professionally managed funds with diversification.
- Best Providers: Public Mutual, ASNB, Kenanga Investors.
- Who Should Invest? Beginners and long-term investors looking for passive returns.
5. Stocks: Best for High Returns (But Requires Research)
- Expected Returns: 5% – 20% p.a.
- Why Invest? Stocks offer high growth potential, but require market knowledge.
- Best Platforms: Bursa Malaysia, Rakuten Trade, Interactive Brokers.
- Who Should Invest? Investors willing to take calculated risks.
6. Real Estate – Best for Rental Income & Long-Term Growth
- Expected Returns: 3% – 8% rental yield + capital appreciation.
- Why Invest? Property value appreciates over time, offering passive rental income.
- Best Locations to Invest in Malaysia: Klang Valley, Penang, Johor Bahru.
- Who Should Invest? People with capital to invest long-term.
7. Robo-Advisors: Best for Automated Investing
- Expected Returns: 4% – 10% p.a.
- Why Invest? AI-powered investment platforms offer hands-free, diversified investing.
- Best Platforms in Malaysia: StashAway, Wahed Invest, MyTheo.
- Who Should Invest? Beginners who want hassle-free, automated investments.
8. REITs: Best for Real Estate Investment Without Buying Property
- Expected Returns: 5% – 7% p.a.
- Why Invest? Earn rental income without owning physical property.
- Best REITs in Malaysia: Sunway REIT, IGB REIT, Pavilion REIT.
- Who Should Invest? Investors who want property exposure without high capital.
9. Cryptocurrency : High Risk, High Reward
- Expected Returns: Highly volatile (can range from -50% to +200% p.a.)
- Why Invest? Crypto has massive growth potential but is highly speculative.
- Best Platforms: Luno Malaysia, Binance, Kraken.
- Who Should Invest? Only for high-risk investors who understand the market.
Join thousands of Malaysians receiving expert advice on saving, investing, and financial planning every week.
Final Thoughts: Where Should You Invest in 2024?
- If you want guaranteed returns → Fixed Deposits or ASB.
- If you want long-term growth with low risk → EPF or Unit Trusts.
- If you want high returns and are okay with risk → Stocks or Robo-Advisors.
- If you want passive rental income → REITs or Real Estate.
- If you are willing to take high risks for high rewards → Cryptocurrency.
Before investing, always do your own research and diversify your portfolio to minimize risk. Choose an investment that aligns with your financial goals and risk tolerance.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always consult a financial advisor before making investment decisions.
4 thoughts on “Top 10 Investments in Malaysia (2024): High Returns & Smart Growth”