Government has come out with this AMANAH SAHAM scheme where it will help low income group to increase their income...
NAJIB said that under SARA 1 Malaysia,5k investment will generate monthly income of rm138 and loan will be provided if we have no capital for this investment.
even after loan repayment,it will still generate rm50 per month.
138x12= 1,656
1656 out of 5000 equal to 33.12% p.a!!
but there is no guarantee of 33.12%...
we can see the T&C at the bottom of those ads...
nevertheless, it will still be a good investment for those low income group...
historically show that Amanah Saham Malaysia and Amanah Saham Wawasan 2020 generate more than 6% p.a.
so i do believe this SARA 1 Malaysia will not be worse than the previous amanah saham...
some more, government supporting this SARA 1 Malaysia with 100 million...
For more info:
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