saving isn't enough.

early in the semester when me and my friends receive our scholarship, one of them said,
"kalau kita simpan dalam 1000 satu sem, dah dapat 8000 grad nnti boleh buat byr deposit kete kan."

i totally agreed with it, but all i know only 2 out 8 really saved every sem. LOL

but thats not my point, what i wanna highlight here rather than saved why not invest the money.

The simplest investment you can invest in is ASB, a zero risk investment, because owned by the government.
But ASB has a minimum returns for about 6-8%. If every semester you invest 2000 per year for 4 years, you will get +-9500 if 7% returns per year.

2000            x 1.07 =2140

2140+2000  x 1.07 =4430

4430+2000  x 1.07 =6880

6880+2000  x 1.07 =9500

If you want a higher returns try and invest in PUBLIC MUTUAL one of the well known unit trust.
My mom invest about 1000 with my cousin who is a agent, and my mom get a 30% returns~
Take if 20% returns per year. You can get a profit 4538.
2000            x 1.2 =2200
2200+2000  x 1.2 =5040
5040+2000  x 1.2 =8448
8448+2000  x 1.2 =12538

But i don't know about public mutual specifically, so ask their agent before invest in it.

For the investment that i heard have a quite bad performance is CIMB mutual fund. This is just what i heard no fact at all okay, so do your research first.

For those who are risk adverse just saved in ASB then. Your money is secured by the government : )

okay as for sum up
lets change the idea of SAVING to INVEST.
Help your money grow.