[quote=afosz,Nov 1 2010, 10:23 PM]
Wow, you have 30k and still studying. What about your study, fully own money, loan or scholar ? What about transportation, possess any ?
If you're under loan, I'd suggest save up for easier to repay later. If no transport, save up for downpayment later after you graduated and looking for a job.

I suggested you to put in investment like unit trust.
Maybe 30k can assign 20K put in funds which can help you to generate more than 8% per annuam
Another 10K place in FD for emergency use.

Bank that offer better rate in FD:
(1) Maybank 9.88% 3 month, this is FD:UT campaign.
(2) Eonbank 10.18% 2 month, this is FD:UT campaign.
(3) OCBC bank, invest UT by "0%" sales charge

You may take it as consideration.

If u r busy, better invest in unit trust and doing dollar cost averaging. It might help you to reduce risk and growth your capital without closely monitoring.

Another ways of investment is doing dual currency, maybe you can choose the potential currency to invest in and gain high interest and looks for appreciation of currency.

Portion of your money may assign for FD placement for preparation of down payment of your prospect property. Suggested Ambank, CIMB Bank which is bank provide high interest rate in short term tenure FD placement. Property price will go down a fare bit after June 2011 due to government impose of new rules 30% down payment for 3rd home buyers. Less people will speculate in property market. It will consolidate pricing of property.

This advice is based on my own opinion, you may go ahead to do some research.

Have a great day ahead