1st u r very gud cz u stil have saving every month & dont have any debt...clean like a white paper.below are many point from my 2cents.
1)for ur epf, 11% of ur salary shud between 292-330 only..check with ur account y they deduct much..
2)ur food expense oso ok,150 for 22 days..ard rm7 per day..wat u eat ar?
3)petrol expense quick high for u..u doing sales?or ur house very far from work?does it including ur parking?maintenance?
4)about other variable-its important for u to list down where u use that money..outing?shopping?drink?
5)handphone-200 per month is kinda high too..bt if its ur only entertainment n cnt live without it..jz enjoy it..
6)ur insurans expense very high!is it saving plan include?normally v shud nt over insure means its premium shud nt more than 10% of ur income.
7)for emergency fund..i tink u nd spare cash around rm7k since u dun hv car/house, 4k put in e-FD, just left ard 3k in ur saving account ok liao.
8)in da mean time u save for ur emergency fund, go learn investment, it can be property/unit trust/share...bt make sure start with low risk 1st, remember high returns normally come with high risk..
9)to built up ur credit records,u cn apply a credit card,use n pay with gud record..to help u secure ur car&housing loan next time..

for car loan, i personally suggest u get 9 years loan..Y?becoz it depends da loan interest.nw it kinda low, ard 2.8%,since it lower than FD rate..y u nd fork out more money to pay downpayment.better use ur xtra money do some investment. remember calculate interest rate 1st b4 do any invest or loan..

u have to set target when to buy car,house,etc..
exp-
buy car when u 24 -5k
house wen u 26
start business wen u 27
marry wen u 29
do write down ur budget for every target too...



Petrol/touch n go-250 -- ok
Food - 250 -- ok(wat u eat so cheap?)
Handphone - 161(internet+call+sms+iphone) -- ok since u use iphone
Internet - 88 -- ok,bt better cancel it,nt worth use 2 internet plan.
Insurance - 250 ( medical card,life insurance , PA , 36 critical illness) -- ok, make sure u hv right insurans plan, dun under or over insure.
Public Mutual - 200 (auto debit for public mutual every month) -- ok bt do ur agent calc hw muc u shud invest every month to achieve ur goal?
Home allowance - 400 -- ok
Saving - 200 -- where this saving go?saving account?FD?
miscellaneous (entertainment,grocery) - 250 -- ok

total - 2049
Salary -Rm 2700(need deduct ard 350 for epf+socso+pcb)

after ur normal expense, u stil have 15% salary left..bt where u spend ur amount left?beside da rm200 savings?

just my 2cents...

you need the 60k cash as emergency fund, so better don't lock in your cash into your flexi loan, but if your flexi loan can withdraw 60k immediately when you need that cash, no harm to pump in.

EPF normally giving 4-6% return pa..if you feel comfort with this return until age 55/60, then keep it. else you can try use your epf acc 1 money to get slightly higher return in UT, since you stil got 23 years more to retire?

UT almost similar concept with ASM, so i think you should can accept it too..but if you wan moderate risk and moderate return, why not dump more money into ASM?

for your car and insurance, just in case you no more work for your current company, you need to pay it yourself? or you is the boss of your current company so no need worry it?

no idea on your share holding, just keep it and enjoy dividend if your share giving good dividend every year..

for UT, just IMHO, i prefer cost averaging + lump sum like wong sifu way..

25k monthly return??!!! mean 1 year 300k...if count in inflation for 23 years from now, tk average 3% inflation pa, you need 600k return pa during your 55 yrs old. you need at least 10million investment value that can give you 6% return pa.

be prepare yourself before enter any investment tools, go buy personal money magazine and learn 1st..now i also learning too..

sifu sifu here please correct me if my statement got any wrong..

EPF money also got insure by gov meh? dunno o.. btw EPF invest most of their money in bond market, so its risk are far far lower compare to other equity fund.

btw Pandaeyess please do a test for your risk acceptance profile 1st before do your investment planning..

try this http://www.craigsip.com/resources/tools-ca...k-profiler.html

waiting major pullback, i also waiting but no bullet ..but before the major pullback come you have to do some analysis 1st to decide which share you will buy at what price..?

new business opportunities, you can try those franchise business, some more gov gt provide loan for doing franchise business

savings, protection, investment, expenditure...

but most of us in the reverse way..expense 1st,last only save..
there are no easy way for financial planning..must keep your expense lower by cutting down unnecessary expense.
then find other way to generate more income like doing part time..

apply flexi loan..dump in your extra saving every month into your loan account. maybe can finish your loan faster?

wish you good luck!

for a fresh grad have 3 month salary is more than enuf..u nd 6 month after u gt marry. 2.5k x 3 = 7.5k..5k put in eFD (3month auto renew).2.5k put in saving account..

after that you should go buy medical card & pa insurance.

buying new car or used car is up to you, since u already have 1 problematic old car in house, y stil wan waste money go buy another used car? i tink either major repair the old car or buy new car better. 2.5k, cn consider saga or viva..

just my 2cents..

i think you need proper financial planning first before invest your money.

1) your current financial status, cashflow? emergency saving? other commitment?
2) your goal of investment? house?
3) your risk appetite?aggressive? moderate? low?
4) your time horizon of investment?

there are many investment in the market, share, unit trust, property, gold, silver, interest scheme...
No one is the best, just see you understand & comfortable with the investment or not...

just my 2cents...cheers!

1) 60k can be your downpayment & misc fee for buying your first house. 5k income can give you max housing loan to about roughly 300-350k...
keep 15k in saving account for your emergency cash. invest the 45k or use it to buy house,

2) you wan a new house or subsales? nowadays new property for a condo easily more than rm400psf in prime location, but buying a new house there are possibility you can enjoy low downpayment,DIBS, etc. buying a subsales then you need to get a good house with reasonable market value.

3) moderate - low then will advise you transfer part of your saving to balanced fund / bond fund in unit trust, earning 4-6% return p.a. there are many questionnaire to test your risk profile.

4) time horizon, how long you can keep this money for invest? or how long you wont touch the money for personal usage? assuming you need 100k to buy your 1st house in 3 years time. then 3 years will be your investment time horizon.

please check ppa website. if your term of GOOD is not impose sales charge, then you may have less choice.
http://www.ppa.my/providers/providers-schemes/

all fund jz launch less than 1 year..hard to compare performance.btw you may refer to the fund manager & their track record on their managed unit trust fund.
or you open account with each provider than let us know??