Go on full force if you have ways to sell your products much cheaper than bigger store or else dont ever think about it .

Hello all,

Currently I had saving in FD around 80k, and 10k in unit trust,
I think that my portion in FD are too much and wish to invest part of it,
but not sure which way to go:

1. Property: I felt that currently the market is not that good?
2. Share: I'm abit lazy to learn, so I opt for option 3
3. Unit trust: I just try it few months ago and I felt that it's up and down and not quite stable.

I'm still searching for the way to grow my money, anyone can recommend me any? Thanks.

I wished to know more lol.
1. So not worth to invest in property right.
2. Really? I thought need to study those annual report and etc?
3. Now left around RM 9,990, after deducting the sales charge.

Hi sifus here..
Need your opinion..

I have savings about 100k..(spread between ASB, ASB2 and Tabung Haji)

My house will be completed by oct 15 and I thought of allocating about 40k for the necessities…

So, I left with 60k…

I have this car, another 7 years to go (loan for 9 years)..the balance at the bank is 32k, when I check the settlement the bank said can pay 27k..(disc/rebate around 5k), the interest is 2.98%

The question is, should I proceed to settle the loan…or should I left it at my investment house??

absolutely correct
good financial planning is to have 0 debts,no investment is bereft of risk-risk is an inherent or rather integral component of any investment instrument be it bonds/equity.even the short term 91 day T bill which is the benchmark  of risk free asset is vulnerable to sudden changes of interest rate however miniscule n insignificant that may be which will ultimatelly have an affect on the actual return on the investment

return and risk are inseparable,harping  on the fabulous or incredible return without measuring the impact of the risk of those investment is a self fulfiling prophecy.in other words the emphasis should be on return vs risk rather than just on the return

cost of mutual funds
many forummers mentioned that switching funds within  xxx company is free or does not incur any cost .however,when you sell A fund to buy B fund the hidden cost will rear her ugly head and surreptitiously lower your expected return assuming that you do make the right bet.when you sell fund A,the mutual fund co.  will be quoting the lowest/share NAV of the day (in the course of a normal trading day shares fluctuates within a 1% range) and when you buy its the exact opposite(highest nav ie 1% ) in other words its 2% of your monies

anyway stocks/equity fund are extremely volatile investment vehicle in the short term and delivers spectacular return and rewards in the long run to those who have the patience and can stomach the undulating rides

Willing to go Iraq? my arse la. U don't even dare to go report to BNM on the so called cheat & mislead. When u hv a proper channel to legally report it and yet u still don't dare, I think u're the one that been cheating & misleading people here with ur cock talking bullshit.

Bullshit.

I already read your blog and interested doing things like you. Can you give some guide on investing high dividend stock? Fyi i already have CDS account and buy some stock for experiment..but things not doing well. Btw thank you for your advice

I was thinking to reduce the outstanding amount of other cc too.

also, if I take personal loan RM50,000 for 5 or 7  years, how much should I pay monthly to pay back the loan? would it be below 3k?

Like for those 3 cc in a month I will spend almost 3k (1000 each card but as for citibank it does not reduce the amount because I have monthly deduction of 1000 each month like insurance, astro, internet)   

Credit cards interests are skyrocketing if you cannot settle in full amount. The interest will keep rolling every month till you settle it.

I would suggest you pay 11,000 for all credit cards you have. If possible, borrow some $$ from your family to settle and remember to spend what you could afford in future.

For example, i swipe 100k per month, i will make sure i have 100k cash in hand then only i swipe. If i don't have 100k cash in hand, i won't go and shot a bullet on my head.

exception you are in emergency like traveling or medical.

Borrowing personal loans to cover for another debts will cause you a serious trouble. Balance transfer is far way better than personal loan provided you have CL left.

Last resort >>> AKPK , yah! thats the big brother under BNM that can protect you and offer you a way low interest but you cannot borrow any loans until you fully settle your AKPK

Which is why we can see bankruptcy cases increase year by year. Good to see youngsters nowadays prefer debts

personal preferences. again i will swipe 200k when i have 200k cash in hand and make sure i am able to clear all outstanding when the statement generated.

credit card interests fee VS balance transfer fee (that as if he cannot get any idea how to settle it and no one able to borrow his money) - this is a temporarily relief says for 6 months and TS might settle it in 6 months when he got the money, who knows? it's not good to see high interest for CC keep rolling. There are banks which offer BT for 0%, so why not?

Last resort, AKPK's door is always open for TS

My situation:

Own a car, thinking to sell of and will have around 25k on hand. Am planning to put the 25k into current house loan and buy a new car with 25k loan.

Is this feasible? My simple thinking is since house loan interest is higher (>4%) and car loan interest (<4%), I should save some money on interest. And also the house loan reduction of 25k will save me more interest in the long run since interest is calculated daily.

25K is just an estimation. Am looking to change to a small car from current car.

What I wanted to know is by doing that, is it a right choice financially.