Hi all,

Im a fresh graduate, 23yo and just starting my career with a 2.5k salary. Right now, the only saving i have done is 30% from my salary. I just started my job last month in the middle of Dec.

I need some suggestion on investment. What should i do with the rest of my salary? I drive a kancil to go to work. Can claim petrol and company sponsored the seasonal pass for parking for 160 per month. Since right now is the beginning of the year, i want to do some investment. What investment is good and promising?

Which is good? Buy a house or made some savings or investment like ASB or FD or Gold investment? Since im still 23, so i dont have to care much about the repayment time, but based on scenario la.

Thanks. Peace.

What I have:

Income
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6,000 pm (After income tax and Socso)

Cash
===
FD:            85,000
Unit Trust:  10,000
Saving Acc: 15,000

Home
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Already paid 68,000 downpayment. Now, waiting to pay monthly instalment starting mid 2013

Car
==
Using Dad's car.

Thinking of spending my money wisely. Age 30. Single. How?

I support it... Stock INVESTING, not TRADING

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Added on February 5, 2012, 9:28 amI just start saving RM200 monthly into bond fund... as i am worried the risk on the equity fund and it also expensive.

Any advice on the equity? Probably I can load another RM100 monthly if feasible to invest in equity. Interest with Kenanga Growth Fund...

Guys, as much as possible simply means of the highest possibility la. I know kidnapping is very possible but I don't think it's a good idea LOL. All I want is possible earnings like FD, or like suggested the flexi mortgage but I am not eligible for that. So what is other solution that commonly people do to have an addition of money instead of just keeping the cash in the savings account.

Hi everyone ... 1st time in this subforum Hope to get some guidance from all sifu here (especially sifu wong?) First of all, quick intro ... I'm 27 this year .. working experience 3 years but until 2 months ago .. 0 savings  Why 0 ... no need say la hehe .. juz wanna say i regret and I want to change now .. Also I don't meant to be spoon feed here I tried to google around for financial planning and stuff but mostly also US based? Haha .. If anyone got any readings to share it's much appreciated So let's get into some quick stats:

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Summary .. savings 1k (~20%). Is this fine or not? For me ... percentage wise sounds ok but amount wise very  1 month save 1k save until die also cannot buy house lol. My colleagues are all quiet uncle so everyday hear them say house expensive family expensive I'm very worried. When only got courage to get gf and get married I need to start to change right now. Any suggestion is greatly appreciated Hope to hear from you guys!

Hi Sir thanks for your reply !

1) Yes that's my first goal .. 6 months emergency is for in case I loose my job right?

2) Erm like I said before, just to repay my parents. They cannot tahan hot so house air cond on alot heh  It's ok I will cut my own expenses ... by the way any comments on 20% savings ?

3) I'd love to invest but 0 idea now which obviously won't act at all .. currently studying gold investment Slowly move on to house and marriage

4) Yes for sure ... any recommendation for "risk-free-low-return" investment besides FD ? Or maybe low-risk-low-return ?

Personal Money is a monthly published magazine. U can buy a copy @ Popular Bookstore to test water & if U find it good, subscribe. It's ok lar as one of the better ways to spend $10+/-, more value to me than a cup of Starbucks

hmm.. me too.. having spare cash of 1.2k per month. now have cash of 15k in savings acc. plan to move 10k to FD. Shld i consider investing in REITs?

that's exactly what i experienced.  Last time i also have some spare cash and thinking to put in PMF as i am thinking 3 - 5 years as medium term investment.  Guess what? till today i am still making lost.  But i have recently re-invest in those funds and average out the cost.  Hopefully i will get break even or gain some profit in next 2 years.  That's pretty sad isn't it? Total of 7 years and i am just hoping for break even or slightly gain. 

P/s: Just to make things clear, i am pretty lazy to manage my portfolio last time in terms of PMF investment. But i will pay extra attention to it now

I am a 60+ non-bumi retiree. I still have some fund in my EPF account which I can withdraw any time. EPF dividend for 2012 is 6.15% which is not too shabby.
However I would like to seek advise/recommendation on alternate low risk investments which has better return than EPF.
Much appreciate your inputs.
Thank You and Have a nice day.