This post has been edited by izzudrecoba: Mar 21 2012, 05:44 PM

Some ideas.


For gold, the best is:-

Physical Gold: UOB Kangaroo Nugget 1 Oz (The lowest spread rate between 3-4%, can pawn and sell back to UOB)

Paper Gold: UOB Gold Savings Account (The lowest spread rate of only 1.15%)


For *Unit Trust, recommended unit trusts are:-

Non-Syariah: Kenanga Growth Fund (One of the best performing malaysia equity fund over the years; low volatility against KLCI index, higher sharpe ratio, lower sales charge via Fundsupermart 0.88% - 2% versus Public Mutual 5.5%)

Syariah: Kenanga Syariah Growth Fund (The best Malaysia Islamic equity fund over the years; low volatility against KLCI index, higher sharpe ratio, lower sales charge via Fundsupermart 0.88% - 2% versus Public Mutual 5.5%)


Additional Suggestion:-

Invest RM27k to pay downpayment for a double storey terrace house (freehold) at Pelangi Semenyih Phase 2A, with an estimated ROI of 30 - 35% within 3-5 years (link: http://forum.lowyat.net/index.php?showtopi...43&hl=semenyih)



* Kindly check morningstar.com for the said unit trust details




This post has been edited by izzudrecoba: Apr 27 2012, 11:10 AM

Some suggestions:

Let's say if I start my investment with 5k, what can I do with it? I wanna get a property in KL but God knows when only I can afford one.

Gold --> UOB Gold Savings Account or UOB Physical Gold (Kangaroo Nugget) if you are confident to make profit through pawn via ar-Rahnu.

Unit Trust --> Fundsupermart due to low sales charge of only 2% (Top Equity: Kenanga Growth Fund, Top Bond: AmDynamic Bond). Adopt a dollar-cost-averaging strategy.

Property --> Landed 2-stry terrace house at Semenyih for RM 350k (http://forum.lowyat.net/index.php?showtopic=2318543&hl=semenyih). MOT, stamp duty, legal fees, disbursement all borned by developer. ROI of about 20-30% upon completion. (Can make profit between RM 70k - 100k upon completion).


I love travelling but most of the time, the travelling expenses hold me back...

Travel --> Buy Air Asia ticket during promotion (common sense). Bought hotel ticket using Agoda. Use cash rebate credit card like Maybankard 2 Amex (5% cash rebate) to save more money.

Appreciate your advice. How and where should I start with? Thanks in advance!

This post has been edited by izzudrecoba: Jun 25 2012, 03:40 PM

My suggestions:-

1. Since you use credit card in a huge amount every month, switch to either Maybankard Amex 2 Platinum or OCBC Titanium Credit Card. The idea is to take advantage of the cash rebate of 5% offered by these cards ( 5x points for Amex) and take advantage of the lowest interest rate of only 8.88% per annum (Maybankard Amex 2 Platinum).

2. Switch your credit card installment to balance transfer to minimize the monthly payment. Public Bank Credit Card offered 8 months 0% interest. Maybank offered attractive Balance Transfer offer too.

3. Minimize your food monthly expenses. RM 100 daily for a food can be considered high. Smoking, overeating and drinking are costly habits to maintain. You'll save money by cutting out on the regular spending it's costing you, and you'll probably save on insurance premiums and long-term health costs. It's the ultimate win-win.

4. For your fixed monthly savings, you may want to invest in equity-bond-REIT via Fundsupermart (low sales charge of 2% instead of 5.5%). My pick for equity is Kenanga Growth Fund / Kenanga Syariah Growth Fund (ROI on average 25%/year, almost on-par with Soros Quantum Fund, which generated an average annual return of more than 30% while he was at the helm). Bond is Amdynamic Bond (ROI on average 8-10%/year). Adopt a regular savings plan and you will enjoy 1% sales charge for 6 months.

5. For hedge against inflation and portfolio diversification, invest in physical gold (I personally prefer UOB Kangaroo Nugget 1oz as the coin can be pawned for another profit manipulation). Hedge-Fund Titans such as Soros, John Paulson and Republican Ron Paul have invested a lot of their wealth in gold bullion and gold fund, due to the worsening situation in the US and Europe. Alternatively, you may want to invest in paper gold in UOB Gold Savings Account (spread rate of only RM 2 only).

6. Your EPF account 1 is underpowered. Since you are still in the early 30's, you may want to invest your EPF savings account 1 in equity via Fundsupermart (1 -2% sales charge) to obtain higher return for your retirement money. I have invested my EPF investment via Public Mutual before but found out that the 3% sales charge a bit high. I have switched to Fundsupermart since June 2012 for my unit trust investment for my EPF account 1.

Wish you godspeed in your personal finance undertaking, mktong. RM 15k at the age of 32 is quiet a good salary for an employee.

This post has been edited by izzudrecoba: Jun 26 2012, 04:28 PM

Welcome mktong and yes I'm from KL. I have found out that Fundsupermart was useful for us to independently monitor our investment portfolio and subsequently pave the way for us to be an active investor. For the new account holder, you will enjoy 1% of sales charge for one month

Can you PM me your email address so that I can send you the invitation email from FSM for a new account holder registration

This post has been edited by izzudrecoba: Jun 27 2012, 10:38 AM

Unit trust --> Kenanga Growth Fund via Fundsupermart (Average ROI about 25%/year)

Gold --> UOB Gold savings account (minimum 5g subsequent investment)

Bond --> AmDynamic Bond via Fundsupermart (Average about 10-12%/year)

Cash --> ASB (The safest bet for Bumi)


If I were you, I will invest 5g at UOB Gold savings account (About +-RM 850) and RM 350 at Kenanga Growth Fund via Fundsupermart. Apply dollar cost averaging for these investments. Take note that the cost of investment is 1.15% (UOB gold) and 2% (Fundsupermart sales charge) each.

Kindly PM me your email address if you want me to send the account opening invitation to your email.

wongmunkeong,

Please check the Kenanga Growth return for 2,3,5 and 10 years below:-

http://www.fundsupermart.com.my/main/fundi...lnumber=MYKNGGF


The average calculation for 2,3,5 and 10 turn out to be roughly 25%. Please don't say that my statement may mislead people, because the last thing that I want is to con and mislead people in their financial investment from their hard-earned money.

Pink Spider,

While past performance is a poor predictor of future returns, there are other factors that we can use to increase our odds of finding a good fund (Such as lower standard variation, high sharpe ratio, low frequent stocks trade, and stock-picking skills). As we’ve already seen, yesterday’s winners often become tomorrow’s losers. But researchers have shown that one thing is almost certain: Yesterday’s losers almost never become tomorrow’s winners.

And what's your problem with saying my calculation is flawed? Are you a human being who like to say error or mistake in other untactful? The idea to share knowledge to us in forum is for us to benefit everyone in picking some of the top fund - be it OSK Kidsave Trust, Areqa Fund or Kenanga Fund series.

FUND PERFORMANCE (BID TO BID CUMULATIVE RETURNS)for Kenanga Growth Fund:

2 years: 52.3 = 26.2

3 years: 89.8 = 29.9

5 years: 81.9 = 16.38

10 years: 244.1 = 24.41

Average roughly around 24.2.



Kenanga fund buys planters, consumer stocks


Malaysia’s best-performing fund in the past year is buying consumer and plantation stocks that are benefiting from government efforts to bolster domestic growth and a rally in palm oil prices.

Kenanga Growth Fund, with assets of RM59 million (US$19 million) as of March 31, favors companies including Dutch Lady Milk Industries Bhd and Nestle (Malaysia) Bhd, Chen Fan Fai, investment director at Kenanga Investors Bhd, said in an interview in Kuala Lumpur on April 23. The fund beat 370 other Malaysian equity mutual funds in the past year with an 18 percent return, according to data compiled by Bloomberg. Dutch Lady has doubled in the past year, outpacing the FTSE Bursa Malaysia KLCI Index’s 3.9 percent gain.

Gauges of consumer and plantation stocks are the best performers of 10 industry groups on the Malaysian bourse in the past year on optimism Prime Minister Datuk Seri Najib Razak’s 2012 budget plan to distribute cash to low-income families, raise wages for civil servants and boost spending on transportation will bolster growth and consumption. Palm-oil futures have surged 9.2 percent this year and hit a 13-month high on April 10.

“Consumer stocks have done well because they are more resilient in any downturn and the government’s drive to boost income levels will also be positive for consumption,” Chen said. “We have always liked plantation stocks because demand for crude palm oil is ever on the rise.”

The Kenanga Growth Fund beat 97 percent of its peers in the past three years and 98 percent of them over five years, according to data compiled by Bloomberg. It was named Malaysia’s best equity fund in 2011 by Morningstar Inc. Chen said he’s willing to buy stocks even before an election that Najib may call as early as June, according to four government officials who spoke on condition of anonymity last month.

Concern a poor election result for Najib would disrupt the government’s spending plans has limited the KLCI index’s gain to 3.4 percent this year, the second-worst performance among Asia- Pacific benchmark indexes after Sri Lanka, according to data compiled by Bloomberg. The MSCI Emerging-Markets Index has risen 10 percent in 2012.

Investors will probably be wary of the stock market before the polls, Tan Ting Min, an analyst at the Malaysian unit of Credit Suisse Group AG, wrote in a report dated March 7.

“Investors don’t like uncertainties,” said Kenanga’s Chen. “Uncertainties can be positive or negative. The outcome is not certain so nobody knows which way it’s going to go. We take a view that there is not going to be a change in the government.”

Gains by Malaysian consumer stocks pushed valuations relative to the Bloomberg World Consumer Non Cyclical Index to a four-month high on April 13. The Bursa Malaysia Consumer Index of 136 stocks, which includes carmakers Tan Chong Motor Holdings Bhd. and Proton Holdings Bhd, has rallied 11 percent in the past 12 months, outpacing a 3.9 percent gain in the KLCI index. The Selangor state-based Nestle Malaysia, the local unit of the world’s biggest food company, has advanced 16 percent.

“We focus more on consumption,” Chen said. “Sector-wise, that’s probably our biggest bet.”

Southeast Asia’s third-biggest economy may expand 4.2 percent in 2012 on domestic demand, thanks to increased private investment and state spending, the Malaysian Institute of Economic Research, a partly government-funded institute, said in a statement on April 17. The body earlier estimated 3.7 percent growth. This is in line with the central bank’s revised forecast of 4 percent to 5 percent on March 22.

Najib unveiled economic and government transformation plans in 2010 and identified $444 billion of private sector-led projects this decade to bolster growth and achieve high-income status by 2020.

The Bursa Malaysia Plantation Index of 43 members including IOI Corp and Kuala Lumpur Kepong Bhd has surged 15 percent in the past year. The plantation measure trades at 13.9 times estimated profit, compared with a record-low 6.25 times in October 2008, weekly data compiled by Bloomberg shows.

Palm oil will advance to RM3,800 a metric ton in Kuala Lumpur by Dec. 31, the highest level since February 2011, according to the median of 11 analyst and trader estimates compiled by Bloomberg. Palm oil futures fell as much as 0.8 percent to RM3,448 a metric ton yesterday.

“Palm oil prices have been firmer than expected,” Chen said. “The offshoot of this will be higher income for families in the rural area who are involved in agriculture. This will also give a boost to consumption.” -- Bloomberg



Read more: Kenanga fund buys planters, consumer stocks http://www.btimes.com.my/articles/20120425.../#ixzz1zlg7CVXN

This post has been edited by izzudrecoba: Jul 6 2012, 12:58 AM

+1. Thank you Kaka23 for sharing. My bad.