If u open a trading account in Maybank, they will seek a broker for u. But in this case, u r trading online so u no need to buy through the broker what u need is just put some money in ur account b4 u trade.

If u buy publicbank balanced fund, u will get 1153.4 units. More info pls visit www.publicmutual.com.my

First b4 u want to invest, u need to know the goal of ur investment. Usually investor have been advised to invest at least for 3 years for optimum return since your net value will -6.5%. Currently Pittikal is great fund to invest. While for far east, u have to make sure that u have apply the telemutual and follow the global market. Try to use switching power and the cut off day is 3pm . Whenever the global market drop a lot, you can switch it to any bond funds b4 3pm. So u can maintance u net value and buy back units of far east after u think that global market is stable but bear in mind, there is rm 25 for switching back (so dun simply switch) from bond fund to equity fund.

B4 u buy any stocks, first of all u have to make sure that u r interesting about core of the company that u invest. For example, if u like in finance, then u can buy the stock with its core business is finance. Besides that, u have to make research about PE ratio, NTA, cash flow and so on

FD 1month better or FD 6 month better?

Actually from my point of view, it depends to your portfolio

For an investor, usually they will keep the money in FD 1 month for emergency cases. Such as, suddenly jobless, sick and bla bla bla

For example if ur monthly expenses is just 1k, so u need to save 3k in you FD1 month in case u r jobless. Then u need to save another 1k in case u fall sick. Another 2 or 3k for ur flight since u r now in london. So total should be 6 or 7k.

The extra money, i think u can put in FD 12 months ( better since u already got emergency "fund" => 1 month FD ) or invest in unit trust. which fund is better actually u can judge urself by looking the 5 substantial companies that the fund manager invest in.

If u feel that 5 substantial companies have a bright future, then u can just invest in it.


This portfolio is just an example

Monthly expenses: 50%
Emergency cases: 10%
Investment and saving: 40%

U can create a portfolio somethings like that which suitable to your condition.

Just my point of view.

http://www1.uob.com.my/cgi-bin/calculator/term_deposit.cgi

this link is useful

lowyat82 is correct

dunno how 2 calculate but can earn few k a month( what job is that, just wonder no offense )

This post has been edited by hotlink: Aug 12 2006, 10:36 AM


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no but u can do it urself.

first time: u put 10000 then u get 10025.83
second time : u put 10025.83 then u will get 10051.73

just do it urself.

That's y unit trust grow faster nowadays. still remember last time i queue for around 1 hour for ASW2020, no yet my turn the fund already full.

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.

Stock? If u buy stocks how do u switch? u just can sell the stock . But if u buy UT then u can switch from the equity fund to bond fund if the invested subtaintial company of the fund drop a lot.

Since bond fund usually just grow up ( buy pure bond fund ) bcoz of the interest of the bond, so when the market drop, example u switch your 10k from the equity fund to bond fund, then u still can maintaince your 10k and get some interest of the bond fund.

When u think the market is almost the reach the bottom line, then u can switch back to the equity fund since the NAV of the equity fund is low then u can manage to get more Units. AND the equity fund will grow very fast.

Earning from the bond fund and a lot units from equity fund will make your return great.

As i know, Public mutual UT is free of charge from switching equity fund to bond fund, while rm 25 will be charged if u switch from bond fund to equity. So it is quite little if compared with 5% u mention.

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.

Are u sure, if u buy at rm 6 for a share and divident at 6 % is rm 0.36 per share???

As i know even u buy rm 10 for a share, if divident is 6 % , u will only get 6% of the rm 1000. mean rm 60. and need to minus 28% of the rm 60 for income tax, if the dividend is not free of tax.

Correct me if i am wrong.