From my understanding, investment nowadays include mutual fund, property, stock market, insurances, bonds, futures, and currency exchange. Does anybody know about other mode of investment? Please share here.

Insurance also considered a kind of investment ? In the sense of providing financial security if there case some unfortunate event happen to us ?

But what I understand from insurance is that we need to pay it every month but the money will not return to us in the future. Insurance just provides us sense of security ?

Not sure bout this though. Please correct me if I am wrong.

there is another type of investment but also the RISKIEST of all investment.
its called speculation.

you predict which antics(cars,pots,table....) will appreciate in price in the future. or you predict which artist will be very famous in the future,buy his picture or arts now, and hopefully you can sell the price like picasso pics when he go famous.

or you buy some stuff in the ebay claim to be used by some famous star like madonna. now a days people willing to pay crazy price to buy things used by beattles and elvis.

but if you predict it wrong...it's just piece of junk....

another investment is to invest in your kids,hoping someday they will take care of you when you get old.well...sadly these type of investment are proven to be failed than succesful, most of us are just kacang lupakan kulit.

Guys I am trying to point out that, by having to take those consideration, it at least narrow down your scope. Thought, there may have some exception.

This post has been edited by billytong: Sep 12 2006, 01:28 PM

Money kept in insurance will be returned to you when the policy expires. And yes, with interest.

If I'm not mistaken, insurance companies nowadays come out with some insurance plan that is investment. I'm not very clear about this, but heard of it before. Anybody got information in this?

I think insurance is very important in financial planning.

i believe that insurance plan oso 1 of thousand good investment u can make, rather than any MLM program outside there, i saw, i looks everywhere, and i trust some MLM's guy really make money, like for me, i tried here and there to do some R&D of investment, yet......MLM.....i didnt' find any that is not based on PYRAMID systems. some of them so pandai telling that is not a pyramid system...it's just a hierachy...wTduck?...hard lah like this...wanna invest oso susah...last week, i met up with frenz of mine who introduced this UPTREND program,,..anybody had experienced on this?...something related to maya n blaa..blaa.....last 2 week oso got ppl intro LUXOR program which can make u rich in at least R.O.I ( Return of Investment ) can get back within 1 week. argghh..tension...wut n where to invest????

For sure, insurance is a better investment compared to MLM. In fact, MLM is a job instead of an investment.

dude....surf junky??...hahaa..heard a rumours saying that they will shutdown service for asian...just want to let u know...

http://forum.lowyat.net/index.php?showtopic=326577&st=40

1) Read my thread on our discussion on insurance.

2) You are confusing two different things here. Selling insurance versus buying insurance. People who sell life insurance makes a lot of money on commissions. So, compare to MLM, selling life insurance is a lot more profitable. As for buying life insurance, most people buy the wrong kind and wrong amount of life insurance. They are making life insurance agent rich and getting very little in return.

Dreamer

This post has been edited by dreamer101: Sep 12 2006, 09:00 PM

any1 have try any investment plan from bank..plz tag it ur investment n profit
here if possible..at least this will calm down the confusion in investment,FD,ML or etc...
this will help those with others to choose which investment is the best with comparing the profit plus the level of risk involve in the investment.
help needed..
really interested with mutual investment but preferable small amount of investment coz im still a student..
i think most of the university student think like this..
ur help is highly appreciate

for me the best investment still in capital market>money market>insurance>all the scam and mlm direct selling whatsoever

reason:worth the risk that you're taking

I'm saying that buying insurance can be considered as an investment. I understand that most of the people buy the wrong kind of insurance. So, I always emphasize on the professionality of the insurance agent. Sometime, agent themselves also not clear about the insurance policy and it's almost impossible for us to read the policy line by line. There're so many products from insurance companies nowadays, we should buy it according to our need and it must be aligned with our goals.

Thanks for your news...

Financial planning covers 6 areas :
1) cash management
2) tax management (what are tax deductibles?)
3) investment (unit trust, equity, etc etc)
4) risk management (insurance)
5) real estate (buy house etc)
6) retirement. (how to finance yourself after retirement)

educate yourselves in this areas and you can be finance savvy.

This post has been edited by luqmanz: Sep 13 2006, 01:40 PM

Insurance is not an investment. The return is less than FD.

Dreamer

Thanks for your info. I think tax management is really important in financial planning. This is the thing most people will leave out...

If I'm not mistaken, nowadays there are some insurance products giving more return compared to the conventional life insurance. I think education insurance should be one of them. The fund can be withdrawn when our kids go for tertiary education. And also there're some saving insurance where interest is higher than FD. Does anybody has info about this?

Even though insurance sometimes provides returns higher than FD .. we dont see it as an investment. Insurance is a part of our risk management (what happens if I need thousands of ringgit for medical bills? I dont wanna sell my house/car.)
When buying insurance, dont look at the returns, look at the coverage. That's the main point of insurance.

This post has been edited by luqmanz: Sep 13 2006, 10:20 PM

Leekk8 and Luqmanz,

1) Just use a bit of common sense here. Insurance folks take your money and charged you commision to buy unit trust to be included in the insurance. This is what happening in those investment linked policy.

Let me ask you a simple question. Why are you paying insurance agent high commission to put unit trust inside you insurance when you can do it yourself to begin with??

2) In general, unless you meet an insurance agent that is very knowledgable. They cannot and will not separate the insurance portion from the investment portion. You really have no idea how they calculate the return since you have no idea how much you are paying for insurance and investment.

3) You do not know how to calculate retrun so how do you know what are their assumptions??

4) Insurance companies make a lot of money eventhough the agent commision is around 141% to 170% of the first year premium for each policy. Guess where they get their money from?? You, of course.

5) If you really do the calculation and they tell you exactly how much each portion: insurance versus investment. You will know and find that the return is worse than FD. Please noted that you do not pay commision when you buy FD.

Dreamer