Just receive a letter from PM yesterday... regarding my PGF dividend. I think it's the tax voucher. What should i do with it?

Keep it for your 2012 tax filing to claim back the excess tax paid (if any)

Consult your tax agent/tax-savvy friends

P.S. - If the tax deducted is just a few ringgit, forget it

Ooohhh... u mean can deduct as tax relief, is it? which amount? M'sian Tax, is it?

If when tax filling time come, fill the amount under which category?

Corporate tax is at 25%

If your personal tax rate is lower than that, u can claim back the difference

For the exact mechanism, sorry I can't help, I'm a tax idiot accountant

No problem, thx for ur reply.

since psmallcap is closed, can I increase the DDI amount in it?

no

Closed is closed

hi all...kinda interested in investing in mutual funds..seems PIOF is one of the stronger funds now in Public Mutual line up.

just wanna ask taikors advise on this fund particularly and if there is other funds(mutual funds that is)..

newbie here so sorry if didnt follow any rules etc....(for argument sake let say i have rm100k to be diversified)

TQ!

Invest in REITs better. Mutual funds losing its lacksture

Really? i thought mutual funds are generally lower risk as its more diversified etc.

hence i thought its more lower risk n can offer marginally better returns than FD..lol

Can taikor explain why its lacklustre now? wanna understand more..kamsiah!

I also no idea...ppl advice me that way and I just follow..haha
Besides, investment is purely dependent on individuals risk-tolerance level. Since you compare the mutual funds to FDs, then mutual funds should be your cup of tea

i see...well coz a unit trust consultant approached me about this funds..they are from public mutual..so just want to ask expert opinions for PIOF among others..hehe

As far as I know, the last time I check on public mutual funds, most of the funds are losing money...those that are conventional, no doubt not losing money but the ROI is too low. Ends up kinda like a FD. If you make comparison that way, FD is safer.

split to 1k x 100.

top up 1k every months at the moments, pump more when market crashed..... while maintain 1k montly until 100k completed.

which fund losing money? time frame?
u wil get worst than FD saving if u dont follow the the investing rules. dont buy lump sum at wrong time.

before u buy the units, read the prospectus and understand it first.
waht is ur risk tolerance?
aggressif?
ur age?
how long u want to invest?
waht is ur expectation returns?
plan? retirment?education?

How can be mutual fund low risk?

Ask back a question.
Is stock market high risk?
Is buying listed company share out there is high risk?

So mutual fund takes your money and buy listed company share in the stock market, how come it suddenly can become low risk?

Just because funds generally are diversified, aka buying a couples or ten plus stocks in the fund, does it make a high risk (owning listed company share) become a low risk already?

my risk tolerance is aggressive i think..thats why looking into equity funds
read the prospectus and the capital gain n as well as dividents of PIOF seems okay and
the companies the fund is investing seems to be doing well.

age is 25.

investment term is medium to long term (3-5years?)

basically just looking for money instrument better yield than FD etc..

for example, if i dump 100k into PIOF now and only will use it say in 4 years time..is it recommended? TQ

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Added on September 11, 2012, 2:56 pmSorry what i meant was lower risk than stock market..i understand its quite volatile..my risk appetite is quite high but not stocks level yet..huhu

its just that mutual funds one unit is invested in more companies so in a way its already diversified as compared to stocks. aite? heheh

This post has been edited by shadow_walker: Sep 11 2012, 02:56 PM

Huh, lower risk than stock market?
Mutual fund is investing your money in the stock market. (equities fund)
So how can mutual fund risk is lower than stock market, when it is investing in stock market?

You get the diversification through mutual fund.
But risk exposure to stock market is still the same, except your can have more diversification or spread out the risk to more stocks.

This post has been edited by cherroy: Sep 11 2012, 03:38 PM