Perhaps you may have to find a way to support your life's objective.
Some people life's objective is to have "delicious" foods.

in order to maintain or achieve life's objective, you may need to look for more "support" instead of "saving" more to achieve.

finding more instead saving more else you have to jeopardize your life's objective.

hi guys, newbies here...

yesterday I just submitted my personal loan application, maybank

usually how many days will it takes to process? how can I know if my application is accepted or failed?

Hi, I would like to ask how to properly invest my savings to earn more money. I can save around RM 18k every year, normally I will just dump my extra saving into whichever FD that got high rate, but the FD rate recently are really low which cant intrigue me.

So I need better advice on how to put my saving in different basket to earn more. I have already invest in HLA wealth plan which can get around RM 100k after 30 years. Currently got RM 5k to invest.

So, dump me with all your advice, sifus

currently 23 years old

Go put some money into a forex scheme for a short term

Hi, can you be a bit more specific? as I have never in contact with these before

No short cut, u have to do some homework on your own.

My path:
FD > mutual funds/unit trusts > stocks/shares

when U extending to >SG/US bourses > Derivatives

might as well go to online gambling

heheh - it depends on how one approaches it.
as a statistical hedge or sai lang / luck

1. Free Advice is much expensive
2. Earning requires you to research and study hard so that your own asset could work hard for you.

Pick any tool that suite you and start doing something.

Actually, it's not expensive.

Anyone could have given free advise to stay away from any HLA "plan'.

and why is that to stay away from HLA plan?

I can do the research myself, but i need a guideline to at least tell me how to start so that I can figure out the rest. Or let me know which bank or such you prefer for it so that I can do some comparison also. Thank you

ya, the return around 8.35%, still better than current FD. Although it is a long term investment. If short to mid term investment, should I go for fund or shares, provided I got RM 5k for startup

Not to burst your bubble but those kind of stuff from banks usually give you +- FD rates. There are exception where they really give 7-8%. Those are bonds which aim at people who are loaded.

yes, sometimes the bank do provide exceptional rates at 7-8%, but the minimum around 50k - 80k which I cant afford currently

my thought: most people wouldn't study in deep of any "plan"

you may start with a question
"How those"plan" earn money?" instead of "how much does the "plan" returns you?"

HLA is basically an insurance savings plan that ties your capital down in the medium term to long term without any liquidity. Personally, I wouldn't touch them at all.

erm, i didnt mention that I bought their shares or fund, I am talking about Wealth plan, with 30 years policy term..... no its not about dividend as I haven't invest on any of those yet.

So now I am planning to invest in fund or shares. But I didnt access to any platform yet, so I couldn't calculate my return on any of those


And as I say, I am new to this, and still learning, not possible for me to do research on all those shares out there (Local, foreign etc etc). Have to take it step by step, and I now only research on those shares that the ppl in forum mentioned before, if not, I didnt even know that it existed

edit: typo

This post has been edited by naruko85: Aug 25 2016, 01:48 PM

getting advice here is "expensive".
you may start with stock book. local writer will be more appropriate for local market. do it by your own.

I like this.. tqvm..