Is Mutual Funds the same as Trust funds?

"My dad actually has someone to help him manage his MF or stocks for him while he's working. He also explained to me that there are brokers or dunno what do you call these people that advise you to buy/sell certain stocks in the day. Your returns might not be as high as these people because they help alot of people trade.

Imagine you're a broker with 100,000 in your pocket and your job is to find potential stocks to invest. Your returns are higher with that huge amount invested whilst giving back the small profit gained by people who gave you money to help invest."  etsuko

Doesnt this sounds like trust funds? Whereby there's a manager that gather all your funds and others and use them to buy stocks... I'm confused...

I did invest some money into the prudential unit trust, but so far it aint looking really good.

what is the basic model to open up a mutual fund account?

vince... care to explain what's the difference of unit trust and mutual fund?

If you don't mind, perhaps you can share your experience?

I put most of my money in mutual funds and a small sum in FD...

Besides these 2 investments, what else do you recommend?

I'm looking for somethign that is middle/long term and doesn't require too much attention...

Oh... I got my mutual fund at Public Bank since I frequent this bank often and they have quite a good reputation in mutual fund management...

How do I monitor my unit trust in your opinion?

Aside from that, do you have other form of investment to be considered?

I'm just an undergraduate now therefore my capital is not that big..haha..

Oh, this is the two that I bought

http://www.publicmutual.com.my/page.aspx?name=PBBF

http://www.publicmutual.com.my/page.aspx?name=PIBFinfo

Putting my money in these investment is a good way to stop myself from spending... hahaha....

More and more fund appear nowaday just make us confuse only.

vincecyc,

mine to show us your portfolio?....need to know your skill...
hope you dont mind...coz i only believe ppl tht also invest rather than manage...

dude i think 8% is not good..20-30% sound better..since it is unit trust, it is risky, why not get more risky?...20-30% possible or not?

by the way where to search for company yearly dividend record? i think they sure got data base about this right?

Another thing about trust funds/mutual funds is that they will charge you 5% for buying every unit. Which means if you were to invest let say 10k, you may already lose RM500 the moment u invest. And since funds move so slow, it might take a while just to recover back your RM500 that they charge...if you're lucky.

Vince, i got one question. You mention that for your investment to grow, you have to find a consultant that is capable to monitor your investment. So exactly who is this consultant? Isnt the fund manage by a team of fund managers? Are they the ones? Or do you mean the person in which you buy the funds from? In my case, just an RHB bank personnel...and the sad thing is, that particular personnel is no longer working with the bank too. So how ah?

Even with a consultant monitoring for you, there's still no gurantee that your investments *will* grow. If that person already left, then you'll need to do the monitoring yourself, besides, that's still what you have to do even if the consultant is still working. If you bought an investment medium which you are unclear of, then start reading up on it. Or you can get another sales consultant to monitor your account, you gotta sweeten it up for him though by putting in additional funds. Can't show the stick without the carrot, know what i mean?

Yea! MF is riskier than shares

Diversify = Di"worse"sify

Robert Kiyosaki

If you want to invest in long-term, you can invest in mutual fund or stock market. Both can be long-term investment vehicle. However, you still need to time your investment to make sure that you get in when it is low and get out temporarily when it has reached its peak.

I don't believe in short term investing of share. It is very difficult to time your investment for short term, though not impossible. Furthermore, playing short-term share trading means you will have more transactions. With more transactions, you have to pay more fees to your broker.

FD and Bonds are very safe investment vehicles, but their return is very low. Your return may be eaten up by the higher inflation rate. Still, you can use them as a vehicle for your "emergency fund". Your fund here will not depreciate at all, unlike mutual fund and stock market.

Vince, I am very interested in investment. I am a business student now. What is the qualification to become an investment consultant? I am planning to take up CFP in the near future. What are the prospects like in this career?

I read somewhere that dividends actually makes no difference in the end to your investment. I think it says that if they were to give you some bonus units, shares, etc, the price of the stocks/unit trust will decrease base on how much dividends that was given. So in the end, there is no increase in your investment. Is this true?

Oh btw, where can i find more info about ASW? And how can i invest in it? Seems like its quite a strong trust fund.

Hmm..i did write it be4 i said this statement. Its in page 5.....hehe...
http://forum.lowyat.net/index.php?showtopic=200069&st=80

Its the TIME.....

Anyway....my story...
me, not much knowledge in investment and also dun dare to buy any investment.
But...i did buy 1 share, YTL WB at 92cents for the fun of it.....and it went down to 60cents within a month!...so oredi lost RM320 but i didnt sell and didnt bothered to look at it for a year coz disappointed at my stupidity or so i tot! after a year...when i finally look at my shares, it went up to 1.20! meaning made profit of RM280....which is around than 30% profit for 1 year if i sell..which i did!

My fren.....who bought unit trust at RM5000......and kept topping up every month.....couldnt even get wat i got for less than 1k in a year's time....and worst thing is, his unit trust kept depreciating in value and its taking its own sweet time to climb.......

the morale of my story.....
eventho MF seemed less risky, the time for it to go up n down is taking like foreva! Whereelse Shares, if chosen properly, even if go down, will go up again with lotsa patience....at a faster pace. So to me, MF is risky and costly. Shares.....seemed risky, but actually is not. Coz the TIME i use to get back my money, i could have use the profit to top up more instead of my own money! Btw...Unit Trust also invest in shares ma....i believe u know how to do the cal, else u wont be investing in shares in the 1st place?

hehe...sorry if i m wrong...just my point of view....me not good investor...chicken 

Hi i am new here.
I have a few questions need to ask
If i have just ventured into the working world, and i would like to put aside some amount of money every month into an investment where can i go?
I saw something called Premier Value Savers from Maybank. Anyone can comment on that?
I don't have that much of RM10k to dump in an investment and wait for it to grow as i know it will take ages just to get a good profit.
Anyone have any recommendations?

Vince u from dj?might want to learn more from u or shud i just give a call?

Malaysia market has been drop sharply these few days.... very bad outlook.... hopefully the market will regain its composure in short time. My unit trust din escape the trend as well....