Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed

Outline · [ Standard ] · Linear+

 What's the best option for your child saving, Got a newborn and wanna start planning

views
     
cynthusc
post Sep 26 2011, 04:00 PM

On my way
****
Junior Member
503 posts

Joined: Nov 2006
QUOTE(awiekupo @ Mar 4 2010, 11:37 AM)
Wow.. I can't believe this thread is still active. Thank you very much for all yr input. Really really appreciate it.

At the moment I'm still learning bout property but I had started saving for my baby via ASB (thru my wife name) & ASW (baby's name - since u need to be 18+ yrs old to open ASB account).

Nevertheless, if you do have any idea to share please feel free to post it in this thread. I'm sure a lot of people had learn a lot thru this topic. smile.gif
*
Awie, you can open a ASD account in your baby's name and the returns are good too....average 5-6% per annum. Max investment is RM100K
justin_nys
post Oct 8 2011, 09:51 PM

Regular
******
Senior Member
1,192 posts

Joined: Jan 2003
From: Bandar Utama
QUOTE(cynthusc @ Sep 26 2011, 04:00 PM)
Awie, you can open a ASD account in your baby's name and the returns are good too....average 5-6% per annum. Max investment is RM100K
*
well, this is only for bumiputra right? rolleyes.gif rolleyes.gif
hackwire
post Oct 10 2011, 11:43 AM

Look at all my stars!!
*******
Senior Member
4,256 posts

Joined: Jan 2005
which is the best saving where as a child can withdraw the money out with ease in case the parent met with an accident. we are looking at the best method where the aunt or uncle could assist our child to draw the money out for his education .

This post has been edited by hackwire: Oct 10 2011, 11:43 AM
eXTaTine
post Oct 10 2011, 01:36 PM

To Tongsan we bow!!
*****
Senior Member
820 posts

Joined: Jan 2003
Just open a Gold Savings account with UOB and make deposits regularly. Gold is in a long term bull market and it will do good for your kids, it will outperform any mutual funds and fd or amanah saham in the long run.

This post has been edited by eXTaTine: Oct 10 2011, 01:37 PM
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

7 Pages « < 5 6 7Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0134sec    0.47    5 queries    GZIP Disabled
Time is now: 12th December 2025 - 07:35 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.