Hi, I need some advice on investing smartly.

My parents are very careful with all their savings and they are not very good in investing. Most of the money is just lying in FD's. Now it's my turn and i'm willing to take some risks.

I'm 26yrs this year and i have about Rm160k of savings (100k in FD) and some other FD's that my mum put under my name.

Initially i thought of using the money to do master abroad but i think i'm still able to invest here and there.

At the moment, i'm able to save around Rm2.5k to Rm3k monthly, i have no car repayment & i've not purchased a house.

Basically, i don't want to keep the money when there's plenty of ways to make money.

Some of the ways that i'm looking into at the moment are PB unit trusts, AS, stocks and new property development. I'm also on the look out for passive income.

Feel free to suggest if you have any good ways. Thanks!

Hi, i need some ideas on good investments. I can save roughly Rm2k-3k per month and the money is just lying in the bank. Some are in FDs.

I put a small amount in Unit trust but i chose to add whenever i want.

As for AS, the last i checked, it's all full.

I'm also looking out for property instead of leaving it in the bank.

What other options should i look at?

Very interesting site. My result turned out to be --> You have an above-average tolerance for risk.

I would say i'm more of the average risk tolerance for now. If it's a small investment of may Rm1-2k, i can be above average (should not affect my "sleep" & etc).

It depends a lot on how much trust the investment. I usually do extensive research before investing on anything. (can be a good/bad thing but depends on situation)

I have a stock account ready but i don't think i'm ready to start investing until i'm more familiar with the market.

Property is a larger investment, so i'm looking for something smaller which can turn out to be a good investment (with average risk for now)

This post has been edited by silverwave: Sep 29 2013, 02:15 PM