As you reach this exciting stage of your life, there are some questions you should seek answers to.

Q1: Other than fixed deposits and bank interests, have you thought about other
        ways to grow your savings?

Q2: Are you planning to purchase a house or a car in the near future but are
       unsure how to raise enough capital for down payments?

Q3: What are your plans on long term investment to accumulate wealth?

As a young adult, you should certainly be thinking of insurance protection - insurance premiums are always lower when you are young and healthy. Have some basic life protection such as personal accident cover and term insurance. It is also wise to start investing in a whole life policy or an endowment plan, which is one of the best ways to save and to grow your savings from an early age. All it takes is for you to set aside about RM200 a month and you will see your savings grow to nearly RM60,000* in 20 years and, of course, you will be insured for death and total permanent disability.

In view of the many plans that you have in the near and distant future, to achieve your short-term goals (five years or less), you could invest in some unit trust funds such as balanced and bond funds or fixed deposits. For longer-term goals, consider more aggressive funds such as equity and growth funds or investment-linked< products.

* In the case of a male, aged 28 years. Actual returns and insurance cover depends on your age
  and health condition, and the type of plan purchased.

Come visit our Customer Relationship Officers and let them give you a clear and fresh perspective on planning for you and on how to invest your extra cash and put you on the path to greater gains, financial growth and security. No matter which stage of life you are at.