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 Personal financial management, V2

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azilazwa
post Jan 6 2013, 05:27 PM

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From: Setiu, Terengganu
i guys.

What is the best way to "grow" money in a short term? What i meant is, where to "park" my monthly salary for a while, before i use it for anything else?

example:

my salary is 2k after deducting epf/socso. my total expanses for a month is 1.3k (car, food, loan & etc). i invest 200 in UT public mutual (this is for long term). So, i have balance around 500 per month. Should i go for FD, ASB or just keep (saving acc) the money at bank? i might need to use the money, so i'm scared to invest more in UT (SC is high and is for long term). Is there anything else that can generate more money rather than keeping it in the saving account? is there such thing as easy to liquidate investment for short term?

azilazwa
post Jan 7 2013, 08:23 AM

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Joined: May 2008
From: Setiu, Terengganu
QUOTE(kinwai88 @ Jan 6 2013, 05:55 PM)
invest RM200-300 start selling nasi lemak business in the morning...Your return will be the highest...

or invest in camera become wedding photographer..

or try luck at BSN SSP no effort needed..

Win attractive prizes when you save with Sijil Simpanan Premium (SSP)! BSN is offering more than 3,000 prizes a month to SSP Certificate Holders through the Monthly Premium SSP Draw. You also stand a chance to win special prizes with our 2 extra draws which are SSP Ekstra Draws and SSP High Savers Draw!

http://www.mybsn.com.my/content.xhtml?contentId=181
*
TQ for ur suggestion bro. but i dont think i cant start the nasi lemak business (dont know how to make nasi lemak) or be a part time photographer (oredi tried, but no talent and desire to do it) sweat.gif

Currently considering FD or just keep the money in saving acc (which i think is a waste). hmmm


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