We (husband & wife) has not much investment portfolio and these years just saved and accumulated emergency fund of 16 months of our total gross income. All into FD and ASB only.
We have one children, and one to be due end this year.

My question is:

1.) Do i still continue keep saving or shall i start to invest in shares, properties & etc? Do 16 months emergency funds sufficient for rainy days?

You see these years we only put into FD and ASB already know we are conservative, rite? Recently, we have thought into shares and properties. Had surveyed properties and the price is expensive and seems some sell like hot cakes. All sold out.

We will definitely will not touch the 16months emergency funds, we will newly start to save again for any further investment.

IMHO 16 months gross income is a bit overboard for emergency funds, but I see you have kept some in ASB. I would rather keep only 5 months in FD and 1 month in savings account, with the rest in ASB. Investment in ASB is not really considered emergency funds and is more like investment.

Since you quality for ASB, suggest you max up your 200k ASB contribution before you consider other investment. ASB is the best risk adjusted investment out there.

I am the wife, using hubby account. Yea, my hubby is 32, but I am elder than my hubby. Throughout the years, we felt that 6 months buffer not sufficient for emergency especially for family that have children. That's lead to after 6months and continue now till 16months.

This emergency funds is purely capable to support all expenses if both of us jobless for 16months.

We are non bumi, to say that my buffer funds is 90% FD and 10% ASB.

Yea, we have a house loan which currently we stay at, a car with loan. Hubby has company car.

We saved abt 40% monthly nett income.

Hmm ...

If sole breadwinner, but monthly passive income > monthly expenses, then 1 month emergency more than enough?  Or no need to have emergency fund...

  If drive around Klang valley...
My wife  drive Viva. Petrol 1mth less than rm100.

remind me also, tire working with corporate life, everyday like go war zone - throw bom and shield from bom, work like slave for BOSS not the company.

"My company pay me peanut to perform Monkey Show but pay other Monkey eating peanut see my monkey show"

Day night struggle to fix system and clean prblem.

Retire early -get out from monkey show but do the job like Top management - got horse to point to do, while got chances

My financial aim - Ever month aim to save arnd rm1k and never spend on my Bonus.

so fast when you got it ? Mine this coming march ? planing to Sai Lang some equity stock and 30% to bond fund/FD.

Another "cheat" for A/C1 = CIMBC25, CIMBA40 and other foreign ETFs via "self-directed" investments 

Good advice SeaFOod Wong,
 
     Spending on non-asset-item, only depreciate the Value we earn.
     Look at grandpa time, when there no such thing HP, Laptop, AirAsia, Android, etc but money save under the bed for raining day.
     Generation change didn’t see buy thing using credit the value for tomorrow, forever we will be slave to the BANK.
     Look at mall every day i can see young couple buy/shopping thing like watch/accessories/cd/gadget/apparel
     Do they see the return of value spending vs future saving, except making the Taukeh boss happy when buying their goods?
     Spending non asset-item is juz temporarily lust for entertainment, when the time bored non asset item hv no value.
     News spending needs to fill absolute hungry entertainment for emptiness.
     Either we create thing we hv absolute value or we hv be patient on our spending.
     I regret school never taught on financial independent and our parent financial education not show good example
     All children have given gadget by their family to temporarily solve children growth.
     Any children understand how $$$ was earn?

but no property tax if sold after 5 years right?   

Just to share (in case there are interested fellow forumers):

http://forum.lowyat.net/topic/2717999/+30
Save minimum of 10% of gross salary from your net cash (on top of EPF savings lar) cukup for simple life up to 87.
If have grander ideas or children, 20% of gross salary from your net cash (on top of EPF savings lar) can do gua.

Editable version for U to play with (YELLOW CELLS - change the variables and see results):
https://docs.google.com/spreadsheet/ccc?key...RWc&usp=sharing

Original version (uneditable) - for reference in case some folks totally screwed up the original:
https://docs.google.com/spreadsheet/ccc?key...bUE&usp=sharing

Please note - my GoogleDocs Spreadsheet is a bit stiff, this is my first time doing something "semi-complicated" using it.

Yup - exactly.
That's if we dont want to leave any investment a$$et$ behind lar

BTW - to AlexKOS, i've updated the links
My bad - copied & pasted from my other LYN posting. Doesn't work coz shortened.

It also comes back to the amount of commitment you have, although mostly financial gurus will say 10%, which I really cannot understand why 10%.....why not other number?

To all sifu out there~ 

I am 21 yrs old and will be starting my work next week with salary of RM 2700. But the sad news is after EPF (300), Car installment (580), petrol - tolls - parking for work (440), phone bills (60), I am left with around RM 1300 a month for personal expenses (food, clothing, etc) and personal savings. None of the expenses could be claimed as allowance from my company and the high car loan is because I only have RM 5000 from my own bank to pay as the deposit. 

Not sure whether RM 1300 is sufficient for me in KL but I will still set aside RM 300 as savings, which will give me RM 3600 a year. So any tips on investing this savings beside FD in bank?    Being a chinese, all ASN quota are filled up so I could not get hold of one and my salary is still way insufficient to support a property investment (at least for the first 5 years). Though I have a fair understanding and methods in making small medium-term gains in the share market, could not invest since I am starting my job as an auditor in Big 4. (Welcome to super stress and late working hours huh ) We would get into trouble for investing in shares due to the confidential info we had.

So is there any other form of investments for me? Did not read enough on UT and FOREX during my university years so is a big no for me. (too risky) And gold and silver bubbles has long burst in year 2011.    Hope all the sifu out there could give me some insight on better alternatives to invest my savings every year~ LOL. Thanks and sorry for the long post~ 

Whose $$? Personal? Company? For the "luxurious" food?