3 min read    I     Date: 4 January 2023

The most exciting thing about the new year is the opportunity to start the year on a clean slate, including your financial goals. Don’t know where to begin? Let us guide you.
 

Think about old habits you want to break and new habits you wish to adopt

For example, you may not have invested in yourself and your future in the past few years. Perhaps the new year is an opportunity for you to begin doing so, by focusing on your financial and retirement goals.

Evaluate your expenses, starting from your largest to your lowest

Cut back on unnecessary costs, which you can channel into your retirement savings.

Setup your financial goals and your investment time horizon

With the help of a professional advisor, create a list of your top financial goals and how long you need to achieve it. Once you have set a solid investment plan, give your full commitment to ensure that you achieve your desired results.

Review and rebalance your financial portfolio every 6 months

Due to market fluctuations, it is vital that you rebalance the weightings of your assets to ensure that you can potentially get the best long-term returns, based on the goals you have set earlier. Set reminders to review your investments and rebalance it at least once every 6 months.

What to do next?

Whatever your goals may be, we have an easy way to help you get motivated. Invest with Principal via Touch ‘n Go eWallet’s feature GOinvest today. Learn more: https://www.principal.com.my/en/invest-via-goinvest. You can also explore investing online using cash or EPF savings via our online investment portal. Find out more information here: https://www.principal.com.my/en/invest-online.

Disclaimer:  

Please be advised that investment in the relevant unit trust funds, wholesale funds and/ or private retirement scheme carry risk. An outline of the various risk involved are described in the relevant Prospectus, Information Memorandum and/or Disclosure Document. You are advised to read and understand the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) before Investing. As an investor you should make your own risk assessment and seek professional advice, where necessary. Among others, you should consider the fees and charges involved. The registration of the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) with the Securities Commission Malaysia (SC) does not amount to nor indicate that the SC recommends or endorses the funds. A copy of the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) may be obtained at our offices, distributors or our website at www.principal.com.my. The issuance of any units to which the relevant Prospectus, Information Memorandum and/or Disclosure Document relates will only be made on receipt of an application referred to in and accompanying a copy of the relevant Prospectus, Information Memorandum and/or Disclosure Document. Securities Commission Malaysia does not review advertisements produced by Principal.