Dec 20 2008, 02:42 AM
QUOTE(SKY 1809 @ Nov 7 2008, 12:58 PM)
It is good that you know the important of savings from college days.
Saving normally is a part ( let say 40% of your incomes ). Since, you are only a student , rm 400 to 800 is good.
Congratulation to you. And keep up the good work.
In term of amount saved per month, it is enough at your age. Saving normally is a part ( let say 40% of your incomes ). Since, you are only a student , rm 400 to 800 is good.
Congratulation to you. And keep up the good work.
Try to learn more on investment, personal finance & investment vechiel especially Unittrust. There are online UT agents locall:
https://www.eunittrust.com.my/ or
http://www.fundsupermart.com.my
As you are only 18, u should invest in fund rather than park your mony in FD. Remember, DO NOT HOLD a fund forever. Profit taking and rebalancing is always necessary in achieving your goal. Ofcos, you need to set a goal in the first place.
I am willing to tell more if you want to know more.
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