Public Mutual v3, Public/PB series funds
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 Sep 22 2011, 01:43 PM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere  
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QUOTE(BlueSilver @ Sep 22 2011, 12:03 PM) Hi Mr. Wong, thanks for the long explanation. I will definitely sit down and study all this before proceeding any further. whoa.. pls no MR mr here. Mr Wong's my daddy    er.. my apologies for the long winded post yar - i couldnt really think of a way to simplify for absorption yet summarize |
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Sep 22 2011, 01:49 PM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(MNet @ Sep 22 2011, 12:00 PM) DDI frm PB bank it self need pay monthly fee? No fee |
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Sep 22 2011, 04:17 PM
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Senior Member
2,429 posts Joined: Jul 2007
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QUOTE(wongmunkeong @ Sep 22 2011, 07:59 AM) Just a thought: Hmm, havent thot of what is the appropriate way of investing for long period of slow climb up. so far, havent invested in my Public funds since '08 until last month. Was taking profit along the way before this....IF the market trends up for 8 years SLOWLY after a crash (eg. end 1998 to 2006) , the NAV will not go down, thus U dont participate/buy in (yr current methodology averages down only when 8%-10% down from your TOTAL AVERAGE PURCHASED PRICE) U may miss a MAJOR part of gains and time lost. No righter-right or wronger wrong ar. Best methodologies are those that fits one's personality, attitude and time/effort to be spent on donkey things like investing  |
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Sep 22 2011, 05:19 PM
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Senior Member
978 posts Joined: Dec 2008
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hi sifus,
i invested in PAUEF 2 years ago and i recently received a "Summary of Final Distribution for Finanial Year Ended 2011" Attached with it is a voucher and it says... The Malaysian Income Tax deducted as above has been or will be accounted for by us to the Director-General of Inland Revenue Malaysia. Please retain this voucher for submission to the tax authorities. Can anyone explain to me more about this voucher? Thank you all in advance. |
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 Sep 22 2011, 10:23 PM
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Senior Member
2,293 posts Joined: Mar 2008
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If use other bank to REINVESTMENT for Public Mutual, (eg. CIMB), how much is the charges ?
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Sep 22 2011, 10:25 PM
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Senior Member
828 posts Joined: Dec 2009 
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I've a question here, hope sifu and sijie can assist...
let's say there's one retiree who wants to invest using EPF. Can he withdraw any amount of $ and only being charge for the 3% service charge to invest in Mutual Fund? |
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Sep 22 2011, 10:36 PM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur 
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QUOTE(moon yuen @ Sep 22 2011, 10:23 PM) If use other bank to REINVESTMENT for Public Mutual, (eg. CIMB), how much is the charges ? What do you mean? Are you asking for Direct Debit Instruction or? |
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Sep 22 2011, 11:01 PM
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Senior Member
952 posts Joined: Feb 2011
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QUOTE(teng_08 @ Sep 22 2011, 05:19 PM) hi sifus, ur distribution after the tax deduction. u not need to pay any tax for capital gain/dividedns from UT. but u still need to declare the dividedns.i invested in PAUEF 2 years ago and i recently received a "Summary of Final Distribution for Finanial Year Ended 2011" Attached with it is a voucher and it says... The Malaysian Income Tax deducted as above has been or will be accounted for by us to the Director-General of Inland Revenue Malaysia. Please retain this voucher for submission to the tax authorities. Can anyone explain to me more about this voucher? Thank you all in advance. |
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Sep 22 2011, 11:07 PM
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Senior Member
952 posts Joined: Feb 2011
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QUOTE(thugs @ Sep 22 2011, 10:25 PM) I've a question here, hope sifu and sijie can assist... i think, if retiree after 55 yrs old. EPF cannot hold their money, retiree can withdraw how much they want and the sservice charge shouldn't be 3%. it should be 5.5%. concider cash investment. EPF scheme only up to 55 yrs old.let's say there's one retiree who wants to invest using EPF. Can he withdraw any amount of $ and only being charge for the 3% service charge to invest in Mutual Fund? |
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Sep 23 2011, 12:03 AM
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Senior Member
2,050 posts Joined: Dec 2009 From: DC
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QUOTE(moon yuen @ Sep 22 2011, 10:23 PM) If use other bank to REINVESTMENT for Public Mutual, (eg. CIMB), how much is the charges ? I know Maybank charge RM1 for every DDI, maybe CIMB is also the same. |
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Sep 23 2011, 09:31 AM
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Senior Member
804 posts Joined: Dec 2004 From: Kuching, Sarawak
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If I'm using PBE online transaction to PM Fund (instead of using PMO), I just need to key in my PM fund a/c nos and amount only, rite? This will be consider as Additional Investment (AI), rite? How long does the transaction take to be shown in my PMO a/c?
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Sep 23 2011, 09:35 AM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld 
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Market heading for a plunge.. And once new announced it is recession, dooms day..
We can see a very low low KLCI soon, and it will be time for those that had been waiting to enter the market to enter soon  Cheers |
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Sep 23 2011, 09:36 AM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(kabal82 @ Sep 23 2011, 09:31 AM) If I'm using PBE online transaction to PM Fund (instead of using PMO), I just need to key in my PM fund a/c nos and amount only, rite? This will be consider as Additional Investment (AI), rite? How long does the transaction take to be shown in my PMO a/c? Fund account number is sufficient. I believe 2 to 3 working days to appear in PMO. The same turn around time even though you do AI in PMO. |
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Sep 23 2011, 09:40 AM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere
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QUOTE(kabal82 @ Sep 23 2011, 09:31 AM) If I'm using PBE online transaction to PM Fund (instead of using PMO), I just need to key in my PM fund a/c nos and amount only, rite? This will be consider as Additional Investment (AI), rite? How long does the transaction take to be shown in my PMO a/c? Yup, yr funds' account is needed.From experience, IMO is updated about 2 to 3 days time, depending foreign or local fund + what time executed. Added on September 23, 2011, 9:42 am QUOTE(Bonescythe @ Sep 23 2011, 09:35 AM) Market heading for a plunge.. And once new announced it is recession, dooms day.. All guns and % of ammo prepared Sir. We can see a very low low KLCI soon, and it will be time for those that had been waiting to enter the market to enter soon Cheers This post has been edited by wongmunkeong: Sep 23 2011, 09:42 AM |
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Sep 23 2011, 09:49 AM
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Senior Member
804 posts Joined: Dec 2004 From: Kuching, Sarawak
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Thanks David83 & wongmunkeong for the clarification...
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Sep 23 2011, 09:56 AM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
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QUOTE(wongmunkeong @ Sep 23 2011, 09:40 AM) All guns and % of ammo prepared Sir. Good comrade..Let's wait for the target to come nearer.. We shall shoot him on the body first.. |
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Sep 23 2011, 10:28 AM
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Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land
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Wish i got 1million bond/cash as bullet lol. U guys enter at what point?
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Sep 23 2011, 10:28 AM
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Senior Member
804 posts Joined: Dec 2004 From: Kuching, Sarawak
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When all the sifus here start pulling the trigger, please inform us, ya? Wanna join also...
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Sep 23 2011, 10:34 AM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
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QUOTE(mois @ Sep 23 2011, 10:28 AM) Wish i got 1million bond/cash as bullet lol. U guys enter at what point? Wait first.. Camp now..Now faster work harder, OT more, do sales, get more capital. Pay up the loans, pay up the debts.. Don't waste money investing in fresh bear play first. Once market had go to a dead dip.. Side way, pour in cash + capital. If you are daring, go and refinance house, maybe 50%, and put into it.. After 1 year, guarantee you can see the effect.. Now we had not reached a dead valley yet.. Continue to camp.. |
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Sep 23 2011, 10:46 AM
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Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land
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But it is wise to invest into bond? Put in bond, when time comes, switch to equity. Or keep cash in saving account?
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