Since you are going to have a family soon. You need to have a budget for that, thus,... you might need to take some amount of the 100k. Then only you start...

1. Fixed deposit long and short term.
Perhaps just a small percentage of 100k to keep in Fixed Deposit. Like 10% or 20%?

2. Real estate investment.
You have not mention about the house you staying now? Are you going to have your own house? or already have? And would last for long term? If mate have not consider this, you might need to take out the item 2. Real Estate investment.

3. Unit trust.
Can choose those capital guaranteed fund. Capital fully protected that can investment advantages too.
Annual charging fee is 0%, and sale charge just might be 1.5% till 3%?!

4. Stock market speculation.
For new comer. Try to stay away from Stock market. Learn it from Unit Trust first.

5. Start business as my own boss.
Always a good option when you have the specific skill.

6. Invest in business as a partner.
Normally partnership won't last long. Me experienced this, no matter how good friend or relatives or father and sons. When business, money in the talk. I got a bad habit that might always think that, is it fair in the profit distribution?! Then, when the business got any profit. It would always not enough for me. Me a too greedy man that not suitable to have a partner.

7. Invest in education and get better job.
Depends on how old are you? And your plan in getting married... actually when you got kids that time. The way you viewing money, life might change...

if i were u,

i'll spend 1/3 of them on myself for degree in oil & gas field. the rest into FD and UT. after 4 years can go offshore start earning USD.

u wouldn't want to be on offshore platform for long, trust me. it's soooo boring there.

If I were the threadstarter,

i'll get married as fast as possible! To get a true trustworthy life-time financial planner for me! ...um... No, no... i won't go oversea.

a very very strange situation indeed .....

for your saving of RM100K .... i wonder how you made it ....

quote by your statement : your income 2.5K .. and your expenses 2.4K ... so this is only saving of Rm100.00 ...

and with your statement as only SPM ... and having .. grilfriend or wife ( I assume ) .. but no children .. that why you wanted to have a family .....

Now comes the question : if only spm result .. how on earth you can managed ... to saving uip to RM100K over the years ... ( ohh yes .. Mind to tell .. how long have you been working for an income )

and with your income versus your expenses only equal of RM 100.00 saving ... how .. how ... to save that much .....

so , my friend .. pls wake up from your dream 1st b4 talking on how to in vest your $$$$$

hmm mm, Who told you that with SPM can't have 100k?!
If I telling you, me start work since 10 years old. And no SPM. Would you say me dreaming on how to invest my $?

aiya maybe parents, maybe rob bank, maybe strike lottery, it doesn't really matter. However judging from his salary and cashflow situation, and the fact that he needs to get married, the investment has to be short term and if long term, the ability to withdraw the money out anytime.

ppl went overseas to work la.......now coming back home.

In malaysia expected salary is RM2.5k and spending is RM2.4k

If you earn in foreign currency such as GBP, EURO and USD, very easy to save RM100k la.....which is actually not much by today's standards.

This post has been edited by uniglo: Feb 13 2007, 01:22 PM

1.) if you want to invest - get some education, read lots of book about money, talk to some experienced people

2.) if you put it in FD - stay low, no need to do anything.

3.) if you never did any investment, probably that 100k will give you an invalueable lesson of life when it is 'poof'

4.) never thinks if you have money you will be successful in investment, it doesnt work that way.

5.) Dont do any investment if you DONT KNOW WHAT YOUR MONEY IS DOING.

I think the first thing to do is to put the money into FD first, (large portion) while looking and learning about the opportunities to invest either start business or invest in stock market or whatever.

The most important is, don't blindly invest into the field that you have no knowledge about it. I know sometimes we learn in the process of investing but make sure you know what you are doing.

Very good advice which I 'try' practice myself.

Must know what you are doing lor.....and never listen to ppl selling you an investment scheme.

Dreamer101 way the best i assume. and Buy stock for dividend not short selling. Malaysian Stock don't have fundamental value just merely speculation and short term profit.

actually listening to ppl investment scheme is a good way to improve & test yourself how much you know about investment. i agreed some of you may encounter scams, or shady investment scheme, but dont let those bad egg affect your view about investment industry, because sometimes the best investment advice came from very successful people.

I'm sorry I wasn't clear in my first post so apologies for that. But yes I do have RM100k in the bank at the moment. If you read my 1st post carefully and my subsequent post in the 1st page, I meant to say my 'expected' salary and my 'expected' expenditure. As explained in my 2nd post, I worked overseas and I'm planning to be back in Malaysia soon to start a family to settle down. Since I will not be earning anything comparable to what I was earning before, thus the RM2.5k expected salary based on my SPM. Took me about 5 years to get that amount although I worked a little longer but I wasted it all on booze, sex and rock and roll before i realised my mistakes. If not I could've saved almost double of what I have now.

Thanks to all again for the advice. The FD route will be what I'm choosing for now. Probably take out some for my marriage and probably further education if I can find a job with time enough to do part time studies. I don't think I want to work offshore to be honest, as that means I'll be away from the family again so it won't mean any difference to what I was doing before.

I will hold the thought of investing in stocks for now although I have already received PMs from financial advisors. Some of my friends also offered their financial advice so I'll just be patient and wait for the right time.

"If I were the threadstarter,

i'll get married as fast as possible! To get a true trustworthy life-time financial planner for me! ...um... No, no... i won't go oversea. "

Hahahaha true true. My partner already trying to control me financially already.

perhaps you might want to revise the expected expenditure. I have a feeling you're not considering everything when it comes to marriage. The marriage alone can cost you 30k.

getting married and buying a car will surely cost u a lot ... when buying a car (if you were), make sure u buy a good car that have good market value & quality ...if not arrr, you gonna have headache bringing the car back and forth to the service center ...and got charged for silly fixes ... the car doesn't have to be new, as long as it's fine for ur needs ... u know lar ...ms'ian cars are so expensive relative to our earnings per mnth ..


hmm better start to think about ur education too ... it can secure ur future ...i strongly belief on education as a 'secure' investment ...so that u can get a decent job!
(unless u already have a good biznes to do)

another thing that concerns me is how r u going to get money of 2.5k once u come back to m'sia with just spm?
can ahh? ... u want to makan gaji first or straight away open business or something?

from what i see ... even a diploma technician have a salary of 1000-1500 ...after doing bunch of OT hours then only can get 2.5-3k worr ...
even for fresh grads (degree) , for example engineers ...starting salary is only around 2500+

btw, how's ur partner? is she working? how's her education level?


** nyum nyum ... 100k in bank $$$$ ... * ka-cing *

This post has been edited by mmohdnor: Feb 14 2007, 02:21 AM

Where can I get that shirt?

If you wanna get a house, just check how much it costs you to buy or rent. To make it easy, we'll just ignore appreciation of the house, taxes and all that. Calculate the yearly rent total and divide this by the best interest rate you can get for your capital. If that number is larger than what you put down as capital, seriously do some research and consider. There's a lot of stuff I left out (like taxes, mortgages, blah blah blah), but it's a good initial indicator. Research required, though.

True, I can't seem to figure out how much a marriage will cost until I see a marriage counsellor, but overall, I believe it won't be a big spending spree. Planning to keep it simple yet memorable, and hopefully the angpows I get can cover some of the cost involved.


Yeah the salary part is my biggest worry to be honest. I'm not even sure what I can get with my qualification. The Rm2.5k is just a guesstimate at best, not even sure what the market is like these days in Malaysia. Already registered for the local online job search websites, now just to test the market to see what I am offered.

My partner has no problems I suppose, already has a degree and working in a reputable company in Malaysia. So I don't worry much about her, only myself because I can't stand the thought of being unable to provide for my family.

I'm not sure what you mean by 'this by the best interest rate you can get for your capital.', but let's just say I'm paying a RM400 rent every month which would make my yearly rent to be around RM4800. So do you mean I divide this by the amount of interest I can earn from the capital I'm willing to put down for a house?

if u put FD also about 4% so make it 4k per year= 400 per month...get a job at penang to cut living cost,salary maybe about 1.5-1.8k,plus FD is about 2k more,drive motor bike for 5 years,can save another 50k or more i think..
i lived at penang,drive motor 1 week only spent rm50 plus food plus motor,rental room rm200,1 month MAX spend rm500..
u save 5 years, 1.5k x 50 = 75k
but no future 1..just simple very simple life

Billy, if you can amass Rm100k with an SPM qualification, you must be a hard worker.

With such quality, I recommend you to find a sales job. Rm2.5k is peanuts for excellent salesperson. This is what you want to consider selling. You dont need degree for sales job. Be a sales agent :-

1) Stock market is doing good - Consider joining Public Mutual as unit trust agent, they dont pay you salary but commission is 2.8% - 3.1%. My senior makes RM5k like this. He's excellent. Your target are people with EPF. Those people invest a lot. If you can get RM200,000 from EPF (this is normal), how much is the commission.

2) Ever heard of Marcus Evans ? This company sells ticket that costs a bomb. Their target are usually big companies. Commission is good and salary is minimal. IINM around Rm1.5k+ for salary and 30% commission. Tickets are like RM500 each. LOL

3) Be a computer salesperson for Dell or IBM.

This post has been edited by luqmanz: Feb 14 2007, 09:30 AM