Huhuh.. just back from holiday and finish going through all the replies. I must thank each and everyone of you for all the great advice and ideas. Hope u guys dun fight2 arr coz everyone hv their own opinions and experience so one might work for the others and one might not at all..

However I'm interested to learn more about this post from xuzen

i) My wife and I both opened a SSPN a/c RM 3Kx2 p.a. mainly for tax benefit. By the time my kid reach IPT level, it should have abt RM 100K, ready cash.

(Do you mean I have to dump 6k per year into SSPN to avoid the tax? Or what is the minimum amount that need to be deposited into the account to be eligible for the RM3k deduction every year)

ii) Bought a Med Card (very important, you will definitely need it, cost of paying hospital bill is more than annual premium of the card, this I guarantee)
(Any idea or site on where I can get this Med Card? And what kind of package that I should opt for? Is this different from company medical card because my company do give a mediclinic card but I think it only cover stuff and normal clinic visit)
Dun mind share with you if you required.Surely different from your company one
iii) Bought a Investment Link Life Assurance with Critical Illness Rider under my kid's name. I selected aggressive fund to maximize the rtn. Should have abt RM 60K Cash value by the time my kid reach IPT level.
(Err, again can share with me the url or any branch in KL/PJ that I can visit for more info)
Dun mind sharing with you. i can solve your queries
iv) Continue to invest in equities on my own.
(what does this mean?)