wish to hear from those really making money thru investment.any investment will do.not mlm tho...

instead from those who know how to do it but never really try to do it.

sorry not to insult.

i am saving atleast 5k a month.i got no experiance in investment at all.all the money i receive i just put it in saving account(Send via western union) or just put it under pillow.

i am currently in uk.since i am illegal in uk so i dont have bank account nor wish to invest here.so i want to invest my money in malaysia.say FD,or unit trust fund.but i will not be in malaysia for the past few years.

is there any way i can invest my money In my account without even my presence?say my sister help me to apply FD or unit trust fund on behalf of me?

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

i already got a saving account in maybank. so if i want to put money in fixed deposit, do i need to be there on the spot to open one?

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

can u show me d link to it? coz i cant find it >.<

thanks alot mate!

but i cant sign up using mobile phone online. the accept button dissappear in the TnC. btw,do i really need to read all of the TnC? its so bloody long!

there's a "investment" column there.gonna reseach more about it. i did'n use my atm almost a year.does it still working?

u guys care to explain in detail bout investment??

question for the gurus.

what are the easiest/safest type of investment to play with for beginners who just step into the world of investment?

i heard a lot of people invest in unit trust/mutual fund.how does it works?

i think this one is good

http://www.investopedia.com/university/beginner/

i jus read and found out that mutual funds is bacisally giv our money to d pro and let them invest for us...

Advantages of Mutual Funds:
. Professional Management - The primary advantage of funds (at least theoretically) is the professional management of your money. Investors purchase funds because they do not have the time or the expertise to manage their own portfolios. A mutual fund is a relatively inexpensive way for a small investor to get a full-time manager to make and monitor investments.

. Diversification - By owning shares in a mutual fund instead of owning individual stocks or bonds, your risk is spread out. The idea behind diversification is to invest in a large number of assets so that a loss in any particular investment is minimized by gains in others. In other words, the more stocks and bonds you own, the less any one of them can hurt you (think about Enron). Large mutual funds typically own hundreds of different stocks in many different industries. It wouldn't be possible for an investor to build this kind of a portfolio with a small amount of money.

. Economies of Scale - Because a mutual fund buys and sells large amounts of securities at a time, its transaction costs are lower than what an individual would pay for securities transactions.

. Liquidity - Just like an individual stock, a mutual fund allows you to request that your shares be converted into cash at any time.

. Simplicity - Buying a mutual fund is easy! Pretty well any bank has its own line of mutual funds, and the minimum investment is small. Most companies also have automatic purchase plans whereby as little as $100 can be invested on a monthly basis.

Disadvantages of Mutual Funds:
. Professional Management - Did you notice how we qualified the advantage of professional management with the word "theoretically"? Many investors debate whether or not the so-called professionals are any better than you or I at picking stocks. Management is by no means infallible, and, even if the fund loses money, the manager still takes his/her cut. We'll talk about this in detail in a later section.

. Costs - Mutual funds don't exist solely to make your life easier - all funds are in it for a profit. The mutual fund industry is masterful at burying costs under layers of jargon. These costs are so complicated that in this tutorial we have devoted an entire section to the subject.

. Dilution - It's possible to have too much diversification. Because funds have small holdings in so many different companies, high returns from a few investments often don't make much difference on the overall return. Dilution is also the result of a successful fund getting too big. When money pours into funds that have had strong success, the manager often has trouble finding a good investment for all the new money.

. Taxes - When making decisions about your money, fund managers don't consider your personal tax situation. For example, when a fund manager sells a security, a capital-gains tax is triggered, which affects how profitable the individual is from the sale. It might have been more advantageous for the individual to defer the capital gains liability.


but... i think mutual is good for beginner like me

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

so does it mean that, for this one

Fees can be broken down into two categories:
1. Ongoing yearly fees to keep you invested in the fund.
2. Transaction fees paid when you buy or sell shares in a fund (loads).

if it is unload, then d onli fees that i need to pay is 1. onli?

- This is not a place for promotion, thanks -

This post has been edited by Geminist: Aug 10 2006, 05:06 PM

- Removed -


tell me more ab it.... hhmmmm....... no. 1 unit trust manager ......

This post has been edited by Geminist: Aug 10 2006, 05:06 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

so the most important thing here is to find the good/genuine fund manager... but how do we tract down his or her record? are there any documentation to proof, or is it just words from mouth?

i also wonder those fund manager,since they are so called good in investment,why dont they do investment as a full time career for themselve instead of playing peoples money?

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 -

Geminist and ah_suknat,

I do not think you can do FD on line. That option is only available to old allied bank customer that got merged into Maybank. I had called and tried to do FD online with Maybank2u and they told me it is not possible.

Dreamer

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