Hie..!

It has been a along time since i last blogged. I have taken a long break from jotting because of the tight schedule of mine. I am preparing myself for the forthcoming Certified Fiancial Planner(CFP) examination and therefore had distanced myself from blogging. Nevertheless, i shall discipline myself in continously deliver writeups in my blog.

Last week i bumped into a friend of mine and then decided to hang around for a cup of coffee. We shared many pleasant stories but what really lingers in my mind is the question that he had asked me. He asked me something about the recently launched Amanah Saham Nasional(ASN) and the Sukuk Islamic Bon Simpanan Nasional. He told me that he wanted to invest but was not sure which one he should purchase. I have answered him and i hope i have made him clear of all avenues available to him before jumping onto the wagon of capital investment.

Understandably, ASN has assured that it will generate a 5% return annually and the Sukuk will generate a 5% coupon rate paid annually. However, prior to grabbing either of this two investment products i strongly recommended my friend to do couple of things first before channelling the money into the funds.

Primarily, i told him to set an investment objective or aspiration. Meaning, what aim is he planning to achieve financially by investing in one of those two funds?.

Secondly, i asked him to produce his annually cash flow movement.

Third, i asked him to produce his Net worth statement.

Those are the 3 questions i asked him to provide to me before i can be in a sound position to be able to render him a good advice on which fund he should purchase.

Knowing that he has not got those information immediately, he assured me he will bring those the next time we meet. However, allow me to share the information on how the 3 questions i asked my friend can be used wisely and effectively before picking the right investment product.

Due to the time constraint, i am unable to continue but will resume soon. I hope you will stay with me for the next blog article.

Thanks.