heheh - serious ka?
U are totally risk adverse AND U have a GIA (gold investment account)? 
to me, that is risky - straight away lose 4% and HOPE gold prices go up + gold a/c doesn't generate any dividends/rental + can't be used like a house/land

different stroke for different folks i guess - even categorizing "risky"

What about unit trust? Will it give better return? I mean my investment is for 10 years so should something better than fd right?

Just a question

What motivates u to save and not spend your money?

Still in uni 

That's is a basic book haha.. CAshflow quadrant and Asset vs Liability, Use below your means

I agree, i fully understand risk and all, i do my research on the diff risk associated with the investment.
just, the problem for me is that at a fancy restaurant, I choose better food > saving.
then i dun have much to save and invest.   

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

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

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

Buying shares is you really need to spend time to research, listening to others will send you to hell.
But there's a statement : buy low sell high. The question is, when is low and when is high? Nobody will tell you.
Wealth plan is still ILP, as said, just use your money and start build your own spreadsheet.
Just remember this : if you decide to let others to manage your wealth, your wealth will say bye bye to you.

maybe will stick to fund/unit trust or shares for now. As time passes, got more and more saving but not sure where to invest.

Anyone here has ever taken drastic steps to reduce expenses? I'm thinking of switching from car to cheap second hand kapcai to go to work. I'll still keep the car for long distance driving (e.g. balik kampung, vacation). I've done the research, and this seems like the only way to reduce my cost to go to work. There's no public transport near my place.

Cost-wise, it will reduce my fuel expense by a lot (though I will lose money in the short run to buy the bike and pay for motorbike license), if I can find a bike with 2-3 l/100 km fuel consumption. My car has an average fuel consumption of 9.5 l/100 km. I'm expecting a 50% or more reduction in petrol, and not to mention I don't need to pay for toll anymore.

I'm planning to dump the money I save by doing this into my emergency fund or/and unit trust.

Anything I'm missing, other than it's a bit more dangerous than driving, and I will be more susceptible to weather conditions (especially rain)?

Hi sifu's...Need help on financial planing T.T

Basically i earn 2.5k
potong epf and sokso 2.3K

With 2.3k

Im monthly spending on

CarLoan        : RM480
Internet        : RM184
Mobile          : RM 84
Parents          : RM 300
GYM              : RM 106
Petrol            :RM 140
Food              :RM 300
Entertainment : RM 300

With the balance money what can i do with it? Invest on something...but on what thats the thing, pls help me out cause wanna save up and try to beli rumah near future ^^ thanks guys!

Wanna get some advice from the gurus here.

Have a friend who still has a car loan balance of RM57500. the interest rate was 3.15% when she bought the car, and she took a loan of RM64000. She has paid 14 months installment hitherto.

She has asked if she should settle the car loan.

Using this link
http://www.autoworld.com.my/tools/car-loan...ment-calculator

I calculated she'll get a rebate of RM5700 if she settles it now.

Using the flat to effective interest rate calculator, the rate is 5.91%.

She has a chunk of money sitting in a flexi account offesting her 4.15% mortgage, which she can use to settle the car loan in full after the hire purchase interest rebate

Q: Will she be economically better off settling the car loan?