My two cents opinion (1)

(1) Ann said " my uncle lost so much money in investment , don't know what investment ,scary man, some more talk investment in financial planning , save in bank better"

from ysl two cents
Some clients initially having similar comment . If can , try understand from your uncle the detail of his experience and relate this .
Was it an legal investment and approved by Bank Negara Malaysia?
Was it an ponzi scheme?
Did he undertand the investment ?
Who is the intermediary to bridge this process, was the intermediary a licensed person for that particular investment  ?
Is that monitoring process needed for such investment?
What is your uncle's investment appetite , experience and risk profile ?
What is his investment objective ?
What is his investment time horizon ?
Did he understand the risk and opportunity of a particular investment ?
Is he having realistic return for the particular investment ? was he too greedy for an over promised unrealistic rate of return .
Is his financial circumstances allow him to invest ?
Is he having enough reserve prior enter the investment ?
Is financing method use to fund this investment ?
Is he  understand the risk factor ? can he take it ?

Most fix deposit rate in Malaysia about 2.65% per annum . While how much is the inflation rate we experience ? 6%, 8% or 10% (depend on individual lifestyle , living area etc )?
In relation to inflation , we  commonly use CPI (Consumer Price Index ) which is commodity linked prices i.e. rice,sugar and cooking oil.  CPI is understated as these numbers are controlled. Yet people spend money on too many items which is not price controlled such as all diary products , napkins, house, vehicles, education, transportation , healthcare etc.
The higher of inflation rate erode the value of money , when the money is in your normal saving account , the purchasing power of the sum you are holding will depreciate with time.
To avoid the depreciation of the value due to higher inflation , we can do this :

(a) make sure your earning power is way much higher than you inflation rate year after year , place much higher % of income in bank saving account to cope for future expenses needed. You need to work much harder year after year .... ( the bank who keep your money will happily turn your deposit as their capital for others investment which generate higher return and pay you  nominal fees )

(b) invest your money for better return , let your money work harder to accumulate the future sum needed in shorter time .

However, prior investment, you need to qualify yourself first .