MALAYSIANS need to realise the importance of being literate and having a rational approach to financial planning as they need to strategise and plan to make their money grow, according to Citibank Bhd vice-president (investment and insurance) Charles Sik.
It is even riskier if investors do not understand the risks and returns of their investments. They must know the financial goal they want to achieve and their investments must be congruent with these goals, Sik said in an interview with Starbiz.