Good stuff. This is the simplest way of explaining the concept of saving. Keep it up.

thank for the informative details, i guess the harder for us to save, the harder we must try to save, and we shall not remember there’s a thing call emergency.

thank again, bro. next time if you have any good ideas, please do share with us,,,,,,thank.

like the malay saying, ‘sikit-sikit, lama-lama jadi bukit’. Patience is good.

Well, thanks for the saving of pay check concept.
However, can you provide a list of what kind of funds or deposits that will provide 10% (almost guaranteed) rate of return ?

Hi Flosueper,

I am not sure if there’s any deposits that gives up to such high return. So far, the banks in NZ are offering pretty good rates- up to about 8.5% for their fixed term deposits.

If you are looking at mutual funds or unit trust, there’s considerably higher risk. For “almost guaranteed” funds, look out for funds categorized under “Conservative”, “Fixed Income Funds”, “Bond Funds”, “Money Market Funds” or “Balanced Funds”. However, you shouldn’t expect very high returns from these funds as their equity exposure is very low, if not none at all.

Great Stuff. The big QUESTION is how to get 10% return annually. However Great Stuff..

Yow Chuan,

For NZ term deposits, they do offer the highest interest rate in town so far – can be as high as 9% p.a. However, we do have to worry about the exchange spread, don’t we? I am not too into currency, but I do think that NZ currency is rather volatile. So, after taking into the currency spread, often we don’t see a return of 9% p.a.

To get a return of 10% p.a., i guess we have to look for an investment vehicle that provide a good long term consistent return. The key word here is “long term”. Means so long as the investment’s total return, after dividing with the number of investment years, provide us with an average return of 10% pa, i suppose the objective is met then. So far, I have not seen any investment channel that can safely provide us with 10% return in short investment time horizon. ..Is there any?

I Want a Copy of How to Save a Little Fortune e-Book!

KFC, a well know fast food restaurant. Also an ‘A’ service level. I am the fan of KFC. However, there was out of the ‘A’, in the reason to control food cost while the big fan need to wait until half an hour. What kind of service while cheating in progress. Because Ms M.Pantha Sri said only 15 minutes to serve. All this happen at KFC rawang 1. I hope your service should be better next time. Tq

m

I had just purchase ur new e-book <Malaysia Insurance Guide>. Waiting ur e-book now…..By the way , can I have a free copy of the <How to Save a Little Fortune> e-Book?

Thank you!

pires_511

I Want a Copy of How to Save a Little Fortune e-Book

HI could i have a copy please…

Yow Chuan,

It is sad to say nobody will have a fortune after reading your book. Not even the “motherhood statement” in it. No facts and reality in it. Do note that bad grammer is a good indication of things.

I've read your ebook, quite simple and short.
It explains the concept of saving.
Keep up the good work.

hi, can i have a copy?
thanks

thanks for your valuable information my friend. I stumbled upon ur blog while searching more info on ASN3 and CIMB structured Investment

A quick question, i want to put RM20k to RM25k for investment . Which is the best investment plan with good returns and capital guaranteed ?

ASN3 ( currently at 0.18 i think per unit) or the CIMB structured invest ( gives 9.75% for 2 years – maturity 3 years time)

which one should i invest in ?

thanks and hear from you soon

Mike

I Want a Copy of How to Save a Little Fortune e-Book

sir, can u give me a detail info for asn (1990-2003), asn2 (2000-2003) and asn3 (2002-2003) total return history.