If I have 150k in my FD now, what should i do?

Current liability
Property 1 (shoplot) Loan (18yrs)
Property 2 (House - to stay in) (20yrs)
Car Loan (15 month to go)

Should i pay off or at least use all of this money to reduce my liability or invest in stock or Unit Trust.
However i am worried of stocks and have no experience in UT.
Index is so high right now i don't think i have the heart in KLSE

Any suggestions?

My shoplot will be completed in 3 month time. Hopefully i can rent it out then.

Actually I do have some dividend stock in mind like Maxis and BJCorp. I heard dividend yield is around 5% or more.

I don't think there is any more available funds for me in ASW2020 or ASM.

Thanks for the info

Would like suggestion on how to better increase my current wealth. Here are some of my details

Age: 32
Income after deduction of socso, epf and utilities : RM5000/month
Side income from side business : 3k-5k/ month
Cash : 60K
Stocks (KLSE) : 13K (current value - all paper loss residual value)
Property Loan 1 : 1k/month 20yrs (my house)
Property Loan 2 : 1.7k/month 20 yrs (partially rented)
Food + Shopping + Entertainment + CC : 2k - 3k / month
ASM : 40K
Car : Company car
Insurance + medical card : RM5000k per anum (paid by company)
FD : 200k

At the moment I am pretty happy with my financial situation, however with my money mostly in FD, I think I am loosing out to inflation.
I am thinking of pumping 70% of my cash into my flexi loan on property 1 and see what I can do with part of my FD.
I do not plan to invest my EPF money for anything since I do think EPF is giving pretty ok returns (hopefully EPF dont go bust!)
May want to invest on a 3rd property but with property prices this high now, seems like buying one for investment don't seem a good idea.

After reading the forums I am also toying on the idea of getting Unit Trust (maybe bonds since local equity is all time high now) but at the moment I do not really have much knowledge of UT. A few years back, I was into stocks. I did make some money there but decided to stop after thee slump (thus the reason of my remaining paperloss shares). In no hurry to sell them since I have already got back my capital in stocks. If I do try out UT, should I just pick some award winning fund and start cost averaging with fixed monthly payment or put in a lump sum and then follow through with fixed monthly payment?

Ideally, I want to retire at the age of 55yrs with monthly returns of 25k but not too sure how to get there yet.
Going to be a father soon so need to think about that too! $$$

Any suggestion on what is best to be done with my current situation?

Thx for the suggestions,

Desertkid - the insurance and car is paid by my company so unless something drastic happens to it, it would be paid for. BTW, how do I test my risk acceptance profile?

Kaka - I have done share trading before.... can make money but can also loose a lot. I have experience that before but luckily I came out on the positive. I am now waiting for a major pullback on KLSE and then maybe go in a bit on high dividend stocks. As for UT, I am still very new to it as I am just trying to grasp the concept and how one can get good returns in the long term. Will be reading more in this forum to find out.

wodenus - looking up new business opportunities is also what I am studying at but I would rather diversify then concentrate on the same trade line to be honest.

10 mil savings, gosh, never thought of that. I was just thinking in the line of owning enough physical property and on the day I retire, my rental, investments, dividends, passive side business etc can give me 25k returns a month to keep me and my wife going