i wonder if i should have separate account for savings..

as at the moment i treat my asb as the saving acc. do i put in regular bank as well?
that wont give me any significant return right..

cash n cards for daily use n emergency... will that do?

Sure stand at rm20M, as is just like you said only, shout can do.

No such 1 or 0 leh
It DEPENDS on the user

As Mr Lee (Bruce) said - there is no best martial art, only best martial art for a specific practitioner

U try asking a person who doesn't know "why leverage on the % spread between their savings and investments" to use a flexi mortgage & see the kaka happening lar

Got. FX United and JJ. 

Is it can buy anytime or need wait opening?

How to go about investing in those 3 funds? Also, what is ASG and FSM and fixed price funds ?

Saving is good but will never be enough. Saving alone will still result in significant 'losses' in the long run because in the current economic climate especially here in Malaysia where our money is being 'eaten' by high inflation and rising cost of living.

So even though we may be saving but our purchasing power is drastically reducing daily. The only way to offset this is by growing your savings by prudent investments which give you a min return of 10% per annum.

10%

It is NOT extremely high and surely NOT impossible. It only becomes impossible when ure only thinking of investing in mutual funds. There are many investments out there which provide potentially higher returns albeit with higher risks. If one can manage & spread their risk efficiently, its not impossible to achieve ROI of >10% per annum.

In challenging economic times, good investors think out of the box. Following the conventional doesn't work in these times.

Honestly speaking, for a long term annual inflation rate, 3.3% to 3.5% is a reasonable figure. We as financial planners do not use even 4% because imagine if we were do calculation for retirement for our clients for a period of 15 to 20 years, the result will be there no matter what the client do, there will never be enough for retirement, ever.

We are talking about long term inflation rate on the main/common basket of food, not just specifically on teh tarik or GST or specific item. Hope this clarifies and helps.