sorry..dunno how to read chinese
btw, can  u guide me on how to buy banking stock? or can u link me to any website on how this bankin stocks work? thanks...

it seems vry interesting ab this kind of stock...

act... i survey 1st wether to invest in bankin stock or UT....i not yet invest coz now im savind for bucket 2 money....

.i think wit d money i hav saved from when i was small, can let me survive,at least 4month..shud i use this money to put at FD?
btw, i was thinkin to put like around rm1.2k every 2 month in FD... is this ok? i noe its not too much coz i jus started work.... so that, d money that i sav can get some interest rather than nothing

just call my mom to verify whether i am bumi or not,my mom is pure bumi but my dad pure chinese,she is not too sure too.am i a bumi?? i dont know coz my birth certificate dint verify it.some people say yes some people no.
but my mom got this ASB,so i am thinking of putting my money in her account.she is not investor,but she tell me when she put 400 and never touch it,2 years later it become 1000+,in which its huge!i cant open one yet coz i am working in uk...not going back in few years.

if you guys where me,what you guys will do?
my monthly savings(net income)is rm5.5k,currently all my money(40k)Is just sitting in the normal savings account in maybank. will you guys just put it in FD or put in ASB?whats the interest in ASB today?

dreamer
from your previous post,you mention that bucket 2 money is for 6 month emergencies fund,right?

but let say i dont need to have the emergency money coz i dont have car or house or any other loan to pay.what i need now is to earn money as much as possible,as fast as possible with the minimum risk.

so instead of putting some money into the FD,will it be a good option if i pump all the money to ASB?

anyhow,how does ASB or ASM works?   its some kind like bond and equity rite?
can some guru tell me please...

thanks for replying,
assume that i had enough funds to cover my bucket 1 and 2,and i need some investment,do you reckon ASB is a good deal to pump all my bucket 3 funds in it? i try google ASB but nothing seems help for me to learn about it.

that's not practical for malaysian. no one will be doing investment if that is one of the requirement 

i understand that. but for most of the ppl even if u save 50%, u still can't buy car/house without loan. and starting the investment only when u cleared the debt would be too late.

what kind of investment u recommend for begineer?

how much is the minimum for fixed deposit??How many month is more recommend??

YOu are not a risk taker. so, dont blame him. Let it be. he love ppl use his money to generate more money. he have his right. cheers

lowyat82,

In fact, I've purchased KLCI index fund, and it gives me return. I can't give any comments on the performance, but I can clarify few things here.
Index funds normally didn't have distribution. Maybe once few years.
The price trend is same as KLCI, as it invests in all composite shares.

If you want to purchase, consider the KLCI now. The KLCI now is quite high...it's not really a wise decision if you purchase now. Bear in mind, you have to consider the service charges.

Yup, everytime you buy UT, you lose 5% straigth away and 1.5% annually for their maintenance cost. That's why UT company are always trying to launch new fund.
Global fund still ok since it is not accessible for retailer investors like us, also you spread your risk in foreign currenct asset and might earn better if RM depreciation like 98's.
For local equity fund which you can buy yourself in the stock market, it is not worthwhile to be invested especially for those having sound investment knowledge people. In stock market, the commission rate is about 1.2% with no maintenace fee need to pay and can get back the money in 3 days time while UT need at least a week or so when redeem your units and need to lose 5% every purchase and 1.5% annually.

I am not saying UT is not good but bare in mind their cost of purchase is not cheap also. But for those having little knowledge about the stock market and having no-discipline in investment, it might also a good choice.

For sure, global fund is good for risk diversification. Bear in mind...you should evaluate your financial status before you do any investment plan. Clarify your financial goals as well.

Save money in FD, if you can't take risk and you know nothing about mutual fund and stock market.

Invest in Mutual fund, if you can take low risk and you're clear about the operation of the mutual fund, eg. how the fund manager invest, how much is the service charge, etc.

Invest in stock market, if you can take high risk and you know much about stock market. Just to remind, don't think to earn fast cash in stock market. Investment in stock market should be mid-long term investment, not short term, which is more like gambling.

So, after getting know about yourself and your goal, you have to choose the most suitable investment mode. LOW RISK, LOW RETURN. HIGH RISK, HIGH RETURN. THIS IS ALWAYS TRUE!!!

Dreamer,

Typically, that's true. Everything is fair in this world...How much you gain is how much effort you put.

If you study about investment and know very well on it, sure you can reduce the risk by maintaining the return.

If you know nothing about investment, just choose stock like gambling, then the risk is high while return is low.

Blue chip is considered low risk investment...It won't give you more than 20% return I guess...The risk is when the economy of Msia went down like 97. Sure UT is lower in risk, as you won't loss that much if economy went down, compared to blue chip...

Also, there is forex FD which offer better return rate than ringgit denomination eg. AUD - 5.5%
NZD - 6.8%
USD - 5.2%
(Not exact but roughly)

The main risk is currency depreciation and loss during the exchange.

Actually if one is wealthy enough should spread his/her asset a little bit (Just my opinion) since ringgit isn't as strong as other currency like SGD or AUD. Also economy wise, Malaysia isn't perform well for the last few years. Although BNM and gov keep stressing that GDP growth 5-6%, the actual business situation out there is not that as good as they mentioned.

One of the reason why u lose money in UT is simply bcoz u dunno the substantial investment by that fund.

Beside that , u dunno to switch when market is bad. U have no enough experience in UT or maybe u choose wrong agent.

If u know how to switch , i think u can earn more dividend than if u just put your money in the fund untouch.

This not gamble, just how you manage your portfolio well like if you buy stocks, u need to have a clear bottom line for u to cut your stocks even is a nice blue chips

Imagine if a blue chip drop from RM10 to rm 2, if one person cut loss at rm 9 and use that 9k to buy back at rm 2 , then when the blue chip grows up, he will earn a lot. Dont simply keep the stock and think that you wouldnt lose a cent if u never sell the stock.

I would like to emphasize again switching is not gambling in UT.

I agree with Hotlink.

Switching is a way to manage our portfolio and optimize our return in UT. If the service charge of 2 funds is same, there's no any charge when switching. This is the case for most fund houses. It's a good way to manage our portfolio that we switch to bond funds when market is going low, and switch back to equity funds when the market is going high.

For sure, blue chips have lower risk...but most of the blue chips price is high...not everyone is afford to buy blue chips. In fact, there're many people buying small share and thinking want to earn fast cash. In this case, the risk is very high.

I just feel that, if you know nothing about share, better don't get involved. If you not clear about the UT process, please just save your money in FD.

Anyway, I think that dreamer101 is very good in share market...so maybe you can share with us, how to choose a good stock to buy...

I think dreamer is right. If you get dividend of 6% from a RM6 share, you will get RM0.36 per share. This is same as your calculation, you get RM0.60 per share if the share price is RM10. The key thing here is, how many shares you're saying about. If your share price is RM10, I think one lot cost you RM10000, so you will get RM600 dividend. I'm not too sure about the tax, but 28% is the company tax rate.

Dreamer,

I think it's important we study about the company before we buy the share. We have to study the financial statement and their management as well. As I say, there's no fast cash we can earn in stock market. How much we earn depends on how much effort we put.

Try to study the market trends and financial situation of the company, then we will know which company is strong in finance and can give us returns although the market is going low. By study the market trend, we can even manage to get more returns by buy low sell high.

We all are learning together now...