Hi kevin, you may want to consider unit trust. My approach has a twist where I utilise technical analysis to buy on trend (buy low and sell high). When market turns down, I switch to bond fund.
http://belirendahjualtinggi.wordpress.com

Hi Nomen, in some cases, bond unit trust is better than Fixed deposit and there is also more flexibility. However, it is not very popular as the comission for the agent is really small. The sales charge is only 0.25% for public mutual, public islamic sector bond fund. Even when the market turns down, and it is safer to go to bond, you don't often hear the agents asking you to switch. Annual fee is up to 0.83%. Total return last year was 5%, quite comparable or better than fd. This year is looking better. performance is not volatile, in fact for the last year, it looks like a straight line up. Minimum investment is Rm 1,000. you can add a minimum of rm 100 anytime. you can make direct debit instruction from bsn, public bank and maybank for disciplined investment.

the stock market is going up now, so now is actually the time to go equity fund. Find an agent that has the expertise to advise when trend is shifting so you can then protect your gain by going to
bond.

I am happy to answer any questions, feel free to pm me. For a faster response, please email me.