Where do I save my money?

It is a common believes that most people knows what to do when they don't have enough money at the end of the month, i.e. by tightening their belts to last a few more days. But how many of us really knows what to do with our spare/extra cash that we have?

In Malaysian context, some of the most common financial instruments that we can invest our spare cash in are as follow:

1. Savings/Current/Hybrid accounts - or as i termed it cash management.
2. Fixed deposit - a.k.a time deposit
3. Unit trust
4. Shares - common shares or REITS
   
5. Property

Of course there are many other instruments that are not as common, such as futures, options and commodities trading. For high net worth individuals (i.e. rich people), there are even more choices, such as structured investments that require initial deposits of at least RM250,000.00 or even more.

So, in the next couple articles, i will try to share more information on the common financial instruments that we can park our hard earned money as listed above.