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 Public Mutual v2, PB/Public series

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mfa333
post Jun 24 2011, 06:09 AM

Huhah!
*******
Senior Member
2,588 posts

Joined: Jan 2003
From: KL-Skudai
Hi.. I'm newbie..

1) is it a good time to start investing in PM?
2) lets say i have 5k to invest and timeframe 2-3 years, which fund is suitable for me to grow most money?

Thanks..
mfa333
post Jun 24 2011, 12:25 PM

Huhah!
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Senior Member
2,588 posts

Joined: Jan 2003
From: KL-Skudai
@kparam77
LOL! i'm newbie in public mutual for serious. Most of my time in lowyat forum involves in playstation, apple, education and others. This is my 2nd post in sub-forum Finance, Business and Investment House.


So, 5k is too small to invest in PM? Actually I got spare 5k and was thinking maybe this small amount can be my kickstart for a journey towards financial freedom. I'm 24 and just graduated. So, i think it's best to start early right?

@wongmunkeong
As mentioned by you, FD is fixed deposit by commercial bank? and what is bond funds?

for DCA, RM100/mth is enough? tongue.gif

reason i'm choosing 3 years term is i target to get married in 3 years from now.. tongue.gif or else, grow the money to pay my study loan.. laugh.gif
mfa333
post Jun 25 2011, 08:45 AM

Huhah!
*******
Senior Member
2,588 posts

Joined: Jan 2003
From: KL-Skudai
QUOTE(wongmunkeong @ Jun 24 2011, 12:51 PM)
Bro MFA.
1. $100/mth is enough PER fund for DCA
HOWEVER...
2. since U want to use the $ in 3 years time (ie. use it up right?) for marriage OR study loan,
may i know what's yr %pa U are paying in interest for your study loan?
AND your expected total amount for marriage costs?

look, we've got 2 things to compare here:
a. capital + returns on investment / fixed income VS amount expected to be contributed from your seed of $5K to marriage cost
eg. U want your $5K to grow to $8K to cover a $20K total cost, balance covered by other things?

b. returns on investment %pa VS your study loan %pa charges

Fixed D %pa is widely available - do the comparison to (a.) & (b.) cool?

Bond Funds are mutual funds that invests solely in Bonds and similar vehicles for fixed income. The average returns pa ranges from 4%pa to 8%pa. Mind U, i've seen 11%pa+ before for Public Mutuals  tongue.gif  but that is EXTRAordinary. I'm talking about normal average.
Keep in mind still - your 2 to 3 years doesn't favor Equity Funds due to the reasons i mentioned earlier.

*
Actually I dont have specific target on that. As long it can give higher rate than asb (asb 8%), its good for me. my study loan %pa is 3% (ptptn).

So, which is suitable for me for 2-5 years? max out my asb or dca rm100-200 to PM every month for 3 years?

This post has been edited by mfa333: Jun 25 2011, 08:46 AM
mfa333
post Jun 25 2011, 09:09 PM

Huhah!
*******
Senior Member
2,588 posts

Joined: Jan 2003
From: KL-Skudai
QUOTE(kparam77 @ Jun 25 2011, 11:53 AM)
if u realy don't want to touch ur money until 5 years...... u can come to PM to max ur money, otherwise, better stay with ASB.
*
what is the expected rate if i dont touch my money for 5 years?
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