Road To Financial Freedom Step 1

Today 28-11-2013. Take a day off from works.
After seeing a lot of excellent posting from blogger investor.
I realise that a good investor must have discipline and know what direction they are heading to.

Let me start something from myself and shown what I know.....

First of all....

Step 1. To understand Your Fund Allocation.

EPF              54%
FD                19%
Insurance      13%
Unit Trust       1%
Share            11%
Cash               2%
-------------------------
                    100%

We have to understand the investment have direct respond to Market Risk. Thus, your age, your fund size and your risk tolerance have to carefully take into account before investment.

Eg. Just imagine ,if you are the only income earner for whole family which have to support parents,kids,... etc. Can you do the same investment as a young man with no family burden and enjoy high income ? The answer is Yes for people like Bill gate but Not original person like me.