QUOTE(davinz18 @ Mar 12 2014, 11:10 PM)
Normally people start from fixed pricing fund then slowly move towards variable pricing fund, lastly invest into equities & forex.
why people start from fixed pricing fund because maybe they lack of investment knowledge & need low risk investment to start of first

some people who already invested in equities also invest in fixed price products because if equities make losses, the fixed price fund can "cover" some of the losses

Strongly agree with what you have said above. Based on my experience, I know a few people that just wouldn't want to loose too much money on high risk investments due to the fact that they do not know much about the product well.
A person wouldn't mind just getting about 3.00++ on FD knowing that their investment is 100% guaranteed rather than putting it in a riskier investment like unit trust or playing with forex.
Person A may only have a total savings of RM10,000 and he/she wouldn't have the capacity to invest in a risky investment that has a high chance of him/her loosing their entire savings.
However, someone that has RM100k wouldn't mind putting in a certain percentage of his savings into a riskier investment as he has the capacity to do so.
In short, it could be said that the higher an individuals savings is, the higher the risk that that individual would be willing to take.