Age: 24
Occupation: Student (graduating in May '11)

Assets:
FD- 111k
Tabung Haji- 130k
Sukuk Simpanan Rakyat(gov bond)- 50k
Sukuk 1 Malaysia(gov bond)- 50k
Invest some in swiftlet farming- 10k

Liabilities:
Japanese car(market value 50k, fully paid)

Once I start to work, I plan to move my FD monies into tabung haji which distributes dividend around 4-5%. However, is that a wise thing to do?

Plan to dump the bonds into mutual funds once the bonds mature. Again, is that a wise thing to do?

Am planning to buy insurance/takaful(life & medical) but with soo many choices around, I've got no idea which to choose from.

Kindly advice and thank you in advanced

Yes, most of it comes from my dad. I only managed to save up to 22k for 3 years ever since I started my degree.
Speaking of properties, many new housing developments(shah alam, klang, putra heights) are priced at 400k and above.
I don't think I can afford one with that price tag just yet, which makes me depressed.

Dad gives me RM 1k for my monthly allowance which is used for rental, utilities, petrol, food and miscellaneous. Normally I save RM200 - RM300/month.
I don't work part time during my break coz my break is short, 3 weeks the most.

Yes, I've seen some of my friends who are under ptptn loan splurge the money to buy new clothes, shoes, handphones etc. Sometimes I envy them coz they're able to spend lavishly. And they teased me for wearing the same old shirt, same snickers and using an old school handphone.

As of right now, it is RM 10k per trip. That does not include any compulsive spending once I'm there. But I planned to have RM 15k for my haj in say 10 years time as the waiting list is long.

I can't agree more, however, am not willing to invest into mutual funds due to high(I stand corrected) management fees and annual fees. Been looking at Pubic Ittikal (public mutual) for quite some time now.

And to invest in equities, I do not know which broker should I use as there are many out there. I've heard stories from my tutor and friends, where the broker will simply call you up and suggest to buy/sell just to earn commission.

You can say so. Lol. Monies from duit raya and kongsi raya. Unfortunately I don't receive any for deeparaya. Besides, I have sukuks' coupon credited every 3 months.