Not necessary. Since blue chip is expensive, with lower capital, the number of share you could grab is not many.

Savings is savings. Do not ever mix savings with investment.
Also, since talking about savings; one needs to concentrate on building his/her emergency fund also before talking about investment.
Savings and emergency fund is the basic before venturing out into investment because in investment, one can lose; so can you afford to lose the money you invest? If not, don't commit yourself!

btw, lets say if i put 2k in FD. Few months later, if i have save another 1k, can i add it into the FD?

Into the same FD? It depends on the maturity date. Or else, you can create another FD (separate FD certificate).

what to u mean by maturity date? can explain more? that means i can create multiple accounts for FD? what is the best way in my situation?
" a get to save 1k in 2 months" can i top up in the current FD or keep on opening multiple FD accounts?

thx =)

What I meant is upon mature, you add more cash to that existing FD cert if you want to renew it.

It's up to you to have a single FD cert or multiple FD cert.

The good thing of having several FD cert is you can have different maturity dates.

maturity date means when ur FD term habis la in lame man's term

Yes you can.
Just to share a FD placement strategy with u. The highest FD rate is 3.70% for 12 months but you don't like it because your entire savings will be tied out for 1 year. But 1 month FD rate is currently around 3.10% and you don't like it either. In order to enjoy the best of both, you place your FD say RM1000 for 12 months but place it on monthly basis. As a result, you can enjoy 3.70% interest rate and at the same time with the flexibility to uplift some money every month after 1st year.
3.70% has been the standard rate for 12 mths FD placement since many years ago.

Hi TS , its best to save conservatively now.


For info on saving plans and their rates, you can check with this website from Bank Negara and use their various tools.

http://www.bankinginfo.com.my/index.php?intPrefLangID=1&

If like that's also consider a risk then better spend the money away then no risk at all.

if monthly basis then will follow monthly interest....i think you mean break down to smaller months....

since TS mentioned about saving..
why not try Standard Chartered Esaver? 3.0% for normal account saving plus 7% rebate if you use the debit card to buy petrol..worth right guys?

I think if we are young, we can take the risk to invest 30% at high risk high return business.
I invested an business for the engine oil dealership at RM 27,750.
I input RM 27,750 and I straight get back 50% return for the engine oil, E-Merchant point and products. And I already can start the engine oil business by looking for dealer and consumer.
Btw, I share the company profit from the monthly sales turnover among the same dealership at about RM 1K per month. But the amount is subject to the company sales. This profit sharing is one type of capital return provided by the company for 36 months to recover my invested amount. When company successful IPO listing I will also entitled for the equivalent share value of my investment amount.
But the most important thing is I can start my dealership business in the whole malaysia. The car engine oil business is a 10 billions business per year in Malaysia.
Sound like money game? I study this blue ocean business for 3 months...
For more details, visit http://glopac.blogspot.com

Got similarity of MLM or direct sales model of businesses. Nothing to shout about.
Anyway good luck to you.



Haha, you wish you don't have those shares for current and near future, all IPO suffered significant discount (at least 30% or more) compared to its IPO price. Also, almost all IPO are either being postponed and cancalled lately by respectively company.

Anyway, it is out of topic of this thread already.

i reported his/her post !!

I would suggest Australian bank. Try go to the local bank and ask them if you can save your cash in some sorts of AUD bank account. Australia interest rate is now 6%, so perhaps you can get something like 5% in malaysia. Further more, AUD exchange rate is now extremely cheap. Its like the cheapest over the past 10 years??? Buying now at Rm2.4=AUD$1 , im sure it will recover to 2.7-2.8 some time in december/january. And when you sell, you've made money from bank interest + the exchange rate part That is 10 sen for every ringgit you keep (10%)

i disagree wit tat. based on the market conditions now, AUD currency is depreciating le.. n how r u so sure with ur speculation? how sure r u on the recoverability of the market at year end?

This post has been edited by yiivei: Oct 16 2008, 03:48 PM

In an investment term, inflation is one of the risk.


Savings is better left un-touch until it reaches the goal set.


Say if you loose all that RM27,750.....would you suffer or do you still have back up money for you to live on?
If you do not have, than why risk the RM27,750?!
So like I mentioned, always have savings first before talking about investment!


You wouldn't know whether Australia would revise their interest rate or not. In your analysis, yes it's optimistic. But one thing to consider beside Australia revising their interest rate, another concern is on whether or not Aus Dollar would continue drop and doesn't climb back.