Another thing I guess is to find a mutual funds with a low management fees ...

It's kinda absurb even before you start earning, part of your earnings already went somewhere else ...

Management cost has quite alot of influence in the earnings of a mutual funds when it comes to long term investment

Suggestions noted.

However, it's not feasible currently as there's still insufficient traffic for a sub forum to discuss about investment

For those who doesn't know this, here's something interesting I came across.

http://en.wikipedia.org/wiki/Emission_trading

After reading some replies here, I can't help but agree to the fact that the "investment" offered by swisscash.biz is highly questionable.

There are a few reason as to why I have doubt in this "fund".

1) The CFO of swiisscash. For someone who is able to perform such miraculous investment across different markets, he sure has a very low profile and I couldn't find out more about this person besides a lawyer sharing the same name with him.

2) Interesting fund to have. For a fund which performs so well, I do not see it being listed on Fortune Investor Guide 2006. Aside from that, the return by Swisscash.biz can be said to have beaten the S&P 500 by a huge margin (the best performer recorded between 2004/2005 is TKF - Turkish Investment Fund 71.3%)

3) Lack of details. Comparing to well known funds such as Vanguard (One of the 10 largest funds in the world), swisscash.biz offers awfully little details such as management fees, expenses ratio, yields and etc.

Lastly, I can't help but think the website is very nicely done to attract people who are interested to invest but lack the alternatives to do so.

*I am not trying to say what's right or what's wrong since you have already laid down your investment, you can always consider an investment as good when you can go to bed every night without any worries at alll*

Gravity,

We do not have proof whether it is legal or not, however, if you put it the other way round, we also do not have evidence to show that it is not illegal.

Therefore for this, perhaps we can stop discussing too much about such investment here as it may be quite misleading for layman who are just browsing this topic for investment tips and he came across this.

Thank you very much for understanding.

Hmm, about this Swisscash thing, why not someone post up the confirmed link to the parent body (Swiss Mutual Funds?) so that me or someone else can shoot them an email and enquire about Swisscash?

This way we can clear this problem once and for all.

Yes, let's just leave the topic of swisscash aside from now and let's enjoy some learning and exchange of opinions in other areas of investment.

This post has been edited by Geminist: Apr 6 2006, 12:51 AM

I can't find the old topic so I assumed the topic was deleted in a routine clean up. Regardless, for those of you who have questions regarding investment/banking, do carry them up here instead.

Thanks alot

AFAIK, to open an account for the first time, you'll need to be there.

You don't need to if you do it via maybank2u

Mutual fund is not as easy as you think it is. Do read through the tutorial at investopedia to understand what is loaded/no-load mutual fund. It's not simply about dumping your money into a MF and that's it.

There are alot of unethical mutual fund provider out there so do beware.

This is one of the important bit.

http://www.investopedia.com/university/mut...utualfunds2.asp

This post has been edited by Geminist: Aug 10 2006, 04:37 PM

Yes, it's not easy to look for a fund with low expense ration but by all means, keep on a look out for this.

Another thing about this No.1 fund manager, being able to be awarded to become such a fund manager, the first thing you need is active trading. Famous investors, including Buffett has already proven that passive trading stands a higher chance of winning in long term investment compared to active trading.

Active trading can earn you more in short term, but in long term, you might lose out compared to passive trading.

This comes to the interesting bit, for a fund to be managed by such a "famous" manager, the first thing you'll notice is the high expense ratio (since he is famous). The second thing is, most of these awards are given based on a fixed period of performance, if you're looking for a long term investment, look for some fund with a good track record.

Last thing you want to buy funds from is from some salesperson who knows jack about investment.

- Above statement does not refer or reflect to any individual or group -

This post has been edited by Geminist: Aug 10 2006, 05:12 PM

You don't really look at the fund manager, you look at the past performance of the fund. But do remember, past performance does not indicate future performance. It's there for your reference, that's all.

Because as an individual, you will not have that much capital to invest around with. They might be good at diversifying their portfolio, but if you do not have the money to diversify, there's no point to it right? Also, the return as a fund manager is pretty hefty as well, compared to personal investment and lastly, I'm sure they'll have some of their own personal investment as well aside from working as a fund manager.

- Note that I'm not an expert in investment, I'm also learning all of these stuff on my own free time, so take all this as an opinion -

Hmm, that's odd.

I have a Maybank2u online account and around early this year, I just put some of my freelance earning into FD. It's rather easy, like filling in how much you need and how long the period, where the interest goes and etc then I'm done.

Around few weeks later, I get a statement via snail mail to my home.

Anyhow, the site is under maintenance now so I'll try and see later on

Hopefully this helps.

Sorry but I'm not sure about this since all of my FDs are not matured yet.

Hmmm, I opened my online banking back in Malaysia. AFAIK, you'll have to do that in Malaysia and not the UK.

Basically yes, it's not worthwhile to have your money "Frozen" for few years where the increment in interest rate for anything more than 1 year is just alittle higher

AFAIK, the correct calculation is,

10000 x 0.031 (3.1%) = 310
310 / 2 = 155

So your interest after 6 month is 10000 + 155 = 10155

Final note, I mentioned this before but I'll say it again, this is for discussion and NOT for a place for you to sell your so called scheme.

We welcome everyone to join in the discussion but if someone starts preaching any schemes for sale, you'll be suspended immediately.

*PS, if someone sees anything suspicious, please report the topic, thanks