How about investing in your children, although your returns may not be in monetary form but its something to always think about right? Can't always be too money minded.

Yes that is right. In terms of housing investments, I think there is potential for growth especially in the areas between Cyberjaya/Putrajaya and KL City Centre. The prices are still cheap and it might increase over the next few years. Even several places in Shah Alam are worth investing in.

Investing in insurance investmentlink is not very good return unless u put a lot money in it. THere is fix ratio between the investment and insurance u buy. U can't buy too little on insurance. At the end insruance still and insurance.
As far I know prudential had asia pasific investment means a wider investment compare to others only local investment. So it will be more agreesive, As we know our market is not agresive compare to other region market.
Never take insurance as investment bcoz it is for long term basis and of course insurance purpose is to protect ur income not making money. Take it as saving for ur future instead invesment.

This is strange as my financial planner is quoting a investment-linked proposal from Great Eastern Life. Anything fishy here?

Stitchy®

Probably just the usual situation where financial planners are often little more than commission sales people for various financial products.  If you want good advice, go to a financial planner that is truly independent, which also means that you will have to pay for their advice.

Folks,

Until you know how to calculate investment return with some tools like Excel, you are at the mercy of whatever someone tell you.  For insurance + investment scheme, unless someone tell you and you can trust the person, you have no idea how much money you paid is in investment versus insurance.  This is adding an additional degree of complexity and confusion. 

This is a test.  Can you tell the difference in interest rate between a housing loan and car loan in Malaysia??  A 8% interest car loan is equivalent to housing loan of how many percent interest?? Is it more than 8% or less than 8%?

If you have a choice of taking

A) 5 years 50K car loan  or

B) 5 years 50K housing loan

Which one will costs you less interest?

Dreamer

wah both also 8% but house loan cost less
anyway if u invest in house better cos after that it will appreciate in value whereas the car value will nosedive

hi,

why do u multiply by 3 as stated ? 

Few banks are likely give you a loan in excess of the appraised value of a property. 

Dreamer101, are you also suggesting that car loans are not based on the concept of compounded interest charges?  If that is the case that is most unusual.  Over here in Canada, the interest charges for loans are legally mandated to acrue semi-annually and a 5% loan for a car or 5% loan for a mortgage will end up costing the same in interest charges over the same period of time.

anyone heard of DrStevenLee?
claim that his Power System can achieve ROI 250% annually, in stock market?
250% is very tempting...
what do you all think?

Over here in Canada a 750,000 RM term life insurance policy (20 year validity) costs a 25 year old (non-smoker) less than 100 RM/month.  The cost of a life insurance policy in malaysia should be even lower.  It is certainly nice that in malaysia the premiums can be deducted from your income for tax purposes but the tax deductability would hardly seem to be a strong reason to actually buy the insurance.  In fact, I wouldn't even suggest a young unmarried person even worry about life insurance since upon their death they would not have any dependents who need income.  If your parents are too poor to afford a funeral for you, a small life insurance policy that is enough to cover funeral expenses would be appropriate.

200,000 RM life insurance in Malaysia is probably about the same equivalent to a RM750,000 life insurance policy in Canada.  It could pay off the outstanding portion on a house mortgage in the event a sole-wage earner has an early death. 

My point is that buying life insurance is not an investment or something that is done to reduce your taxable income, it is something you buy only to cover the costs your dependents may have in the event of an early death for a wage earner.

MRTA=Mortage Reducing Term Assurance

U R rite, normally these days the bank will ask you to get when you get housing loan from them. To cover you and them from any events of death and disablement during the mortgage term only.

It depends on your mortgage term, the amount of coverage will keep reducing as you continue to pay your loan. So when your mortgage is over, so is the coverage.

It's better to get, coz ppl nowadays take 20-30 years of mortgage from bank(as some banks even offer mortgage term up 70 years old) and no one knows what will happen during those 20-30 years, to avoid default in loan payment as well as having the bank lelong your property.

You are right. It benefits more to the bank than the buyer.

But what to do? If anything happen to me, my family still need a place to stay.

Therefore, I bought MRTA and life insurance. One is to cover my housing loan coz I don't to lose my property to the bank, and the other for my life.

How much MRTA costs? I meant in a monthly installament? RM100 per month? RM200 per month?

The Power of Three will set us free.

About the MRTA, the bank will ask to buy it no matter how, right?

The Power of Three will set us free.

sorry wodenus, can you provide us more facts instead of opinions. Btw swisscash is not a HYIP. Well, at first i too wasnt too convinced to invest into swisscash but after doing some researches, i invested  my referal invested 10K USD and now she took back RM100K+ from the bank. She even has a bank slip which clearly written where the bank transfer the money and who. If you think Swisscash is a scam, do you think it is possible for them to open an account in a bank under swisscash? Im sure the bank will check through their existence 1st as the bank themselves would be very afraid in involving with all these scams. and also for your information, Swisscash has this sms system which is very effective. If there is any new investor who joined under you, sms wil notify u within 2-3 mins.

and also, if this is a scam, do u think they are able to pay u the return right on time? until now, no one has ever complaint about not getting paid or the paid is not on schedule. alot of people had already invested in swisscash already. If u really think it's not convicing, u can try 100usd / RM380 in swisscash 1st. Well isnt it's better than putting in your bank right? 

U can refer to the website. I researched about the company existencem and had seeked advise from some professional investors, who are my relatives and friends. They told me it's worth to try as what they provide is possible in an offshore country. For your info, they too had already invested.   

Erm Dreamer, please do not misunderstand and jump to the conclusion. I was busy during the time i was posing my previous reply, and if i had explained, i would basically repeating things that are same with the website, BECAUSE I READ FROM THE WEBSITE too. I only investing in SC, What i did is the things that are needed to do for an investors and what i know is also things that an investors should know. It doesnt mean that i have to know everything for that particular business. What u asked was what do they invest, and what do they dont blahblah. If u do wanna know then u should go READ what their website write. And yes, i did alot of researches before i invest. I have search thru the web to seek what they claim to be, seek advises, analyse the pro and cons, the profitability and the risk. Sorry if i say something wrong.

I wanna ask how to get master program (investment). I mean what is the name of the university?? :respect 

Yes they are profesional. My relatives had been managing in this kind of funds for a large company for the past 10 years. i forgot what was the company's name. If u are interested to know then i can ask again.