i am sure readers here know who is the CONman. i con ppl into buying unit trust?

this is the best you can come up with?

Then, what you expect?
your question never on Amanah Saham, just claim it too fishy or anything else. if you're not interested, then why waste your time on this thread, that's seem too fishy too. this is not the topic you can "crap" about it, as we mentioned before, but you never take for granted.

so i cannot post in this forum?

Yes, you may.
And if you wish, you can provide some possible solution for Amanah Saham, if you really do not invest in this fund. then, it more fishy as why you need to drop any question that not about Amanah Saham.

As your previous, you say you're interested. then, you do not invest in this fund, and you never question on anything rather than other investments.

This post has been edited by adolph: Nov 8 2012, 05:49 PM

Adolf, I dont have any personal interest in either you or Doneright but what i do know is that he has never tried to push Mutual Funds down anybody's throat. Ive had some correspondence with him past month and what he says makes sense. Mutual funds have the capacity to earn more returns than Amanah Saham but it comes with a higher risk profile too. So if ure willing to take the risk and if your investment pays off then you get better returns. I too have ASB and a number of other investments so im quite aware about what Doneright has told me and i understand what ure saying. But let's stop with this name calling and return the thread to its original purpose. Doneright is free to state his opinion and ure free to accept or reject it. If you wish to prove a point then do so in a matured manner. All these name calling doesnt reflect too well on yourself.

Again, im a neutral party but after the past 20 posts from both of you, i must say this is getting a bit tiring. There is a way to argue maturedly but this clearly aint it. So lets end it now shall we?

Cheers!

Hi cybermaster98,

but previously, he really did on this thread. And, if doneright, would like to get more better info, shall just go to Pemodalan Nasional Berhad.
Okey, shall we focus only on PNB funds, and response to the topic as stated.
I'm gladly about main topic as well.
Cheers.

This post has been edited by adolph: Nov 8 2012, 06:05 PM

Yup, I agree about that.
That why i never go bank after last incident, instead try online, pos office and PNB.
For the moment, let compound accumulate for me, since i already put an amount on it, just lucky when i register that time. Try other investments on the moment.

You got liao ?

that is the same thing that i have been suggesting

i dont know why i am being a target of abuse

By the way, who abuse you? you know what the case such abuse, right.
Such as what case, how do they abuse you through forum.

If given you have savings in some FDs, will u guys move maybe 80% of it to AS-type funds? The other 20% maybe reserve for emergency, due to FD has better liquidity, easily uplift via online, flexible months of tenure.

However despite AS-type funds 'guaranteed' at rm1 per unit, is this really safe in long run? maybe rules change etc. AS funds are also not PIDM guaranteed from what i read. But of course people can say the track record for multiple decades of AS is a testament to its yearly stable dividends, with previously even better yields.

my personal opinion,
Maybe you could try other investment too, it subject to your personal risk level, if i told you that it not good, and went for other investment which you do not understand, and lose some money on it, guess that will be no meaning.

Up until now, I still never approach any investment that can give a protection and guaranteed from PIDM. In fact, I do not think fixed deposit is investment, but still expose to risk such as inflation, they offer poor protection against inflation. like you mentioned, easily uplift and so on.

You know la, these Amanah Saham for non-bumi sold like a hot cakes.
If you already exist and got one, should be fine ba. So, make sure what type of investor are you, then make a homework and research before invest, cheer.

This post has been edited by adolph: Nov 9 2012, 11:18 AM

yup, i tried topping up at banks for my ASW, also received the same response, they look at the computer and say either of these:
-system down
-already filled up or finished

I have been to the banks many times to try to fill up and that is the response I get. Some sort of discrimination at work here?

hmm, I normally asked banker to show it to me with their monitor, and after that, never queue in banks anymore.
it really clear mentioned at there, "unit sudah habis dilanggan" from their screen.
if you really want to try, probably could try top up via online, will be the best way to top up by yourself rather than banks, but chance are very low.

About discrimination, unable to answer.
Maybe yes, for some banks.

This post has been edited by adolph: Nov 9 2012, 12:45 PM

everyone should have is some cash reserve for emergency purpose. this money should be most importantly be liquid in the event its needed urgently. the amount of this emergency money should cover for one's (or the household of the breadwinder) monthly expenses. some will recommend 3 month emergency money, some say 6 month. it all depends on the individual, but of course, more is better aint it?

but too much money sitting in an emergency fund is also a 'waste'. of course how much is too much is different with different person.

while AS appeals to many people, one still have to ask - why. what do they want from these AS funds. security? returns? guarantee? some like the fact they give yearly dividend, some say its government thing so guarantee safe, one can do more homework in that.

but the most critical issue that i think one should consider is this: AS units are not readily available all the time. when it does, not many units in the offer, and the queue for top up is long. how long are you able to wait? do you call the bank every day to find out? can you monitor daily for available units? how much is the cost of all this waiting?

which is wise to go for other similar investment if one prefer. there are many private funds that offer similar model - yearly dividend yield. some can provide better returns.

of course comes the issue of risk. real savvy investors can tell you whether AS is really safe. more return potential equals more risk, most of the time.

in the end, it still boils down to what are your goals and targets from your investment, be it in FD, AS, property, etc etc. everyone have their cup of noodle. what may be good for me may not be for you

just my 2 cents

how many uncles and aunties already book these people to top up for them? you'd be surprised how much commission a counter guy can earn from 'helping' these people. well that is experience, it may differ from one bank to another, and one place to another. just my experience

I hope I have an opportunity to hire these bank tellers to do it for me. I think is fair to give them some commission. It beats the heck out of consuming petrol and time to commute to banks, with no guarantees of securing any units. If I can put my book with them, and let them transact the allocation which I set out to pump into AS-funds, I would be very happy.

---

Added on November 9, 2012, 7:30 pmhuh, u mean can just go and check first and see their monitor before you queue up? (i normally notice their monitor is positioned fixed under their counter, and one cannot see it without going into the teller's sitting place, which is not possible due to obvious fact that inside is a restricted area).

Also, i think the 'unit sudah habis dilanggan' message is just random. Just like u click a button of a program 'check for units', then return 'no more units', u click ok, then try again, might be got units after several times clicking the button, because it's very random users go and cash out their units, and is also random when is the moment we are at bank. I assume the teller will have to click that button right at the moment when some user cash out and return units to the pool, for the system to return a success message. Given the number of subscribers to those funds, I would guess at any random moment, someone cashes out. You just got to have to click it at the precise moment. Of course, there are certain peak hours etc, maybe when people go to banks around lunch time or smth, so the cashing out activities will probably spike a little. Bottom line is, if you have the entire day to try the system, I'm sure you can buy a lot of units.

Normally i go to bank, i notice the teller clicks the enter button 2 times, repeatedly, like "dot dot... dot dot... dot dot...." over and over, I assume is to click acknowledge no units, and then click again to try.

( if I could just take over their counter, I don't mind sitting there whole day to do the "dot dot...dot dot... dot dot...." to my heart's content... at least until my cash runs out or the Enter button spoils... )

This post has been edited by frontierzone: Nov 9 2012, 07:33 PM

hallooooo


i managed to top up As1m units for rm50K
do online via cimb clicks


i think indian quoata now got as some indian withdraw to cleblate deepavali.


so happpyyy

Wah. So, you are Indian.
By the way, happy deepavali for the upcoming festival.


Haha, your "dot, dot, dot" to your heart, very creative.
Normally, I always went to their banks for some personal matter, and they will say, you again.
They show it to me and because I asked them to direct their monitor to me so that I could see it. And, i saw their system too. that included Pemodalan Nasional Berhad headquarter.

This post has been edited by adolph: Nov 9 2012, 09:42 PM

hohoho.

most of my emergency fund placed in AS1M, that's the main reason why i opt for PNB fund (which fund that NAV is fixed).. while the money wait for my emergency case (touch wood not happen), it also help to bring back some money to me..