Moved to a new home

Thanks to admin and moderators for moving this thread to the new subforum...We can continue to share our experience and opinions here, even with more specific topic.

i wasted 2 second trying to find whereabout of the thread. now it has a cool subforum.

LOL, btw... lets start back our topic..

Hi there, im new here. So for beginners, wat is the most safe to invest? Dun tell me FD . Lets say the capital is around 10k.

Until you have 3 to 6 months worth of expenses saved in FD, you do NOT invest in anything else. Those are your emergency fund.

Dreamer

Huh? that mean the balance should invest to where then?

i would say Unit trust. less monitoring, diversification of your investment, and the return is for sure higher than FD around 8-10%

After you have an amount equal to your 6 month expenses in FD, then you can examine the risk level that you can bear with. From that, you can invest in mutual fund if you know nothing about share and dont want to bear high risk. If you willing to learn about share, then you can go ahead...Please...study on it before you buy share...don't simply listen to some tips and buy...

wat is the difference between unit trust and mutual fund actually? Share is definitely out of my mind.

I just answer your same question in another thread. Unit trust and mutual funds maybe different in foreign countries, but in Malaysia, they are same.

For mutual funds, there are a lot of funds as well. If stock is totally out of your mind, then consider which type of funds you're interested. For high risk, take equities funds. For moderate risk, take balanced funds. For low risk, take bond funds. If you're interested in Public mutual funds, I think pidah can explain to you here.

10x for ur reply also. I saw it at the thread. Btw, im ready to hear any type if there are someone willing to tell...Of coz i wil search around too....But it will always be better if got someone to explain. 10x again.

Very interesting threads, indeed .

If all of you would like to know more about Unit Trust investment from scratch or meant for rookies, I would strongly recommend this book for everyone.

Author: Jeffrey Gan.
ISBN: 983-2431-88-3
Title: Know Your Unit Trust Investment.
Price: RM27.90.

Description: It's about UT investment locally. My advice is, try not to get any foreign books regarding UT because some of the rules might not applicable locally. This book tells you from A-Z especially the basics. It covers some calculation and examples on which deeply helps you to understand further. Jargons and their explanations. Most important of all, the hidden charges you will incur per transaction. Your rights.

What I like about this book is, they gave lots of example for some theories.

Hope it will englighten all of you.

Trust me on this, after reading this book, you will know what question to ask the UT agent, the pro & cons and etc.

This post has been edited by countdown: Nov 24 2006, 07:24 PM

Ooo.....will try to find it to buy if got time and chance....
Btw, we shud always trust the agent or make our own decision sometimes?

Try not to dilly-dally when it comes to knowledge enhancement . Grab this book and it's just 137 page, half the size of B5 , can be finished in a day.

A wise investor, is a person who knows what they are investing and not just park their money in on something they don't know and HOPE & PRAY for returns .

Sometimes you have to trust the agent, it would be better if the agent is your friends, well-experienced and care to educate you. Some of the crooks agents out there, they just want the commission and by the way the highest commission these agents will get is from selling you an equities. A good UT agent is an agent that sells you portfolio rather than units .

This post has been edited by countdown: Nov 24 2006, 07:36 PM

sometimes human tend to lazy mar. Me too. so mayb ask around then park the money on other guys hand is okay...(as long as i earn he earn, i will not feel bad)

Haha....

For me, the way I learn UT/MF is, put some money into it, then you will learn it very fast...

I just know a bit about UT when I invest in UT, but now I'm confident to say, I know quite a lot about UT. Now, I'm learning how to choose a right funds and how to predict the returns.

Ops...if place wrongly then pay for the lesson

if u have the skill in invest in the stock market...then invest urself
if u are the busy employee & no time to monitor...unit trust is a best choice! to select a potential unit trust is no so complicated than stock selection...just follow the leader like public mutual, Prudential & ING

i thought prudential and iNG is specialised on insurance?