Went to top up my AS1M today. Still available........

Who say the dividend rate is only 4%...... The prospectus said that AS1M is BENCHMARK AGAINST THE 5 YEAR GOVERNMENT SECURITIES..........    NOT giving 4% dividend. Also We don't know how the performance of this fund. maybe higher than the benchmark like ASM & ASW which is BENCHMARK AGAINST 3 MONTH KLIBOR WHICH AVERAGE 2.08%. it doest mean ASM & ASW paid only 2% dividend...... must understand the prospectus first. At first I also thing AS1M give 4% dividend, but after READING & UNDERSTAND FOR FEW TIMES, THEN ONLY UNDERSTAND THE "BENCHMARK THING". 

yeah...PNB also advertise full page in all chinese newspaper for few days in a row to encourage ppl to invest....who read chinese newspaper? of course Chinese. Never happened in the history that PNB is so aggresively sell to the chinese commodity where its other funds always finished within few hours.

Maybe RM10bil fund size is too big. Shd start the fund size of RM3bil 1st, if finish only increase the fund size....

darkknight81,

1) So, even if Malaysian economy collapses and most of GLCs gone bankrupt, you have NOTHING to worry about??

<<unless you are going into stock>>

2) 70% to 80% of ASx investment is in stock.   You buy ASx that means you are buying stock.  Why is it so hard for you to understand??

Dreamer

CrossFirE,

You know NONE of the 4.
Before you invest on something, let call this as X.

You must know

A) How you can make money from X??

B) How you can lose money from X?

C) Under what condition and what price you should buy X?

D) Under what condition and what price, you should sell X?

This applies to ANY investments.  It can be FD, stock, real estate and whatever.  If you DO NOT KNOW (A) to (D), you definitely do not know enough to invest.

Dreamer

STUPIDITY is the BIGGEST RISK to the investor.

Over-confidence is the second BIGGEST RISK.

darkknight81,

<< There is no investment that you can invest and sleep for 30 years... you have to monitor it at least every month not the price but the fundamental >>

Who say so?? Yes, there is.  But, a person needs to have the FINANCIAL INTELLIGENCE and DISCIPLINE to invest it and not to monitor them.  Insurance companies invest for 30 to 100 years.  Harvard university invest for 150 years.

I only monitor my investment to decide where to put my new money.  I re-balance once every year.

One of my mutual fund had survived and do well for 80 years.

<<You must know the strength and weaknesses of your investmnet . >>

A person needs to work like a portfolio manager.  Have a mix of investments that diversify and complement each other.  So, if you want to sleep, you do not have SINGLE investment.

Dreamer

darkknight81,

YOUR PROBLEM is you invest on ONE COMPANY.  Why do that??

What if you INVEST on the WHOLE WORLD?? Aka, all 4,000 LARGEST companies in the world at the same time. 

This is called investing.  Go to sleep for 5 years test.  If you CANNOT go to sleep for 5 years and do nothing for X, you ARE NOT investing.  You are speculating / gambling.

How do insurance company collect premium and pay out?? They invest your premium.  How do they invest and make money consistently across 30 to 100 years?? They are using the same system.  It was not possible in the past for individual investor to do this.  But, now, it is possible.

In a smaller scale, instead of buying individual counter of KLSE, you could have have buy the ETF and get the 30 largest companies in KLSE at one shot. 

So, the PROBLEM is FINANCIAL INTELLIGENCE.

http://finance.yahoo.com/q?s=VT

Check this out.  One ETF and you own the whole world.

Dreamer

darkknight81,

<<but the yield is too low for me >>

So, this come back to MY POINT.

It is ALL up to FINANCIAL INTELLIGENCE.

You are NOT at the stage to use this kind of strategy.  Now, whether it is better or worse, who cares.  You are NOT capable of using this kind of financial instrument even though it exists.

In my case, I do not have the FINANCIAL INTELLIGENCE to invest on Palm Oil plantation yet even though it is one of the best investment.  I am still doing my homework.  If I invests now, I will lose money because I am NOT capable of handling this kind of investment yet.  I do not know how to answer the 4 questions yet.

Dreamer

<<Do you UNDERSTAND the difference between a TRUE INDEX FUND and a normal mutual fund??

It is OBVIOUS that you DO NOT KNOW.>>

Yup i don know and i don think i am interested to know. Thats y i don invest in it... And i don beliv that it is so great about it....I know what i want and i know my direction thats enuff and i don force ppl to follow what i am doing as i know i am not so great i hope that you know you are not so great either if not you will not be so free to giving ppl advice everyday your time should be spend on something more meaningful.



<<I have the INTELLIGENCE to know that I am STUPID.  That is good enough.

I have the INTELLIGENCE to know that I am NOT Buffet or Jim Roger.  >>

I know i am not good enuff thats y i join lowyat forum to seek for advice hope that someone who can really HELP but not those who keep on promoting how good how smart they are .... i am sick of it 

Why u wanna withdraw le?

tell me when and time so that I can go to bank and wait for your withdrawal and I buy it immediately.... 

i am not with you...

Is the  div stock which u have in mind a 'safer' in terms of capital preservation and returns viz-a viz ASX?
R u assuming ASW is a better bet than ASX?

i guess u think too much....3 more years b4 the next election. As long as BN in power it shd be fine.

yeah, better than expected, ASB consistantly pay 1% more than ASW/ASD/ASM

Why the unit trusts for bumi should be higher? Any reason?

my savings in ASB is RM20,000.00

i got 425.83...so any one can explain for me?

loan money worth it if every month you dunno where the money go like me 
because when u loan u need to be prompt and discipline in paying the loan in other word force to pay

but if u very good in controlling your money, then it best not to loan for long term profit.