Yes, there is a lot document to sign. But what I always practice is at least see the title of the page before signed. There is no time to read the whole page in detail, but at least I read the title and know roughly what I signed.

YKLooi - if U cheesed off enough, U can give PubMut a call & "golden finger" the fler for:
a. Having U pre-sign forms (a big no-no officially)
b. buta buta execute without checking with U

Note though, your agent may kena cut. Thus, do only if REALLY dang angry yar.

Just a thought

This post has been edited by wongmunkeong: Sep 5 2013, 09:46 PM

Hello guys, I have few question to ask. If I want to request for repurchase from my bond funds, should I be getting it by cheque or bank book?

1st timer PM investor, pay cheque to agent for Publlic Mutual series fund. U can auto credit for Public bank series fund at the Public Bank counter.

In the application you fill up publicmutual online form, allow you access to thru online to do transaction or inqury.

You wait for public mutul online- you dont need agent or walk to branch to do any below transaction.
Example of transaction buying new fund, repurchase, withdraw, transfer, change the DDI, Inquiry, change the distribution fund mode all can done online, no need to go thru agent or public bank branch with paper work to fill and sign.


Pls note you still need to pay sales charge even doing online.

May I know all sifu thoughts on the new regulation on EPF withdrawal for unit trust come Jan 14? Thank you.

from the
investor's point of views?
sales agents point of views?
age groups of investors?

This post has been edited by yklooi: Sep 6 2013, 01:53 PM

summary invest less for investor then agent get less comission.

EPF can get hold on more money to invest themselve

okay, another horse report for the weekend....

Month of August was bad weather for many horses, needless to say. Local and asean region horses all running backwards... thank goodness the pace picked up again this week, with almost all horses running well and steady. Except for Indo and SEA ponies.

Indo went from +20 to -16. Still running backwards this week, around -6%. In 4 days! Punters who bet on this horse in the last 2-3 months... koyak! More than 30% lost!

SEA is half as bad... losing about 10% if the bet was recent.

Winners this week are the Chinese ponies. Gaining as much as 3%.

Local horses almost sleeping, not much grounds gained. But not losing grounds either... so it's sort of good news.

How will the rest of Sept fare? Not easy to predict, as volatility is still in the market... buy on rumours, sell on news. But one thing for sure, money can flow out in an instance, will take time to trickle in.

============

Just inputted new nav prices to the "Ultimate" portfolio (copycat version)... still holding steady at 5.36% YTD. Previously at 30th June, it was 5.99%. Diversity works! Diversity is the way to go! Don't bet all on one horse!

Cheers. Invest for the next 3 years, not the next 3 days!

============

Last chance to withdraw from EPF to buy bond/money market funds this month, before the 1% service charge in Oct. Please note, I said EPF... not cash money... and you know why.

Buy this month, and pay only 2.75% when switch to equity. Yeah, still the same total 3%... only difference is there is 0.75% more of the principal to accrue interests on the bonds/money market funds. Chicken feed anyway...

But if you can withdraw this month, you can withdraw again in Dec. Before the new EPF 'basic savings' table is implemented... which average 50% increase across the ages... no more withdrawals for many people next year. Sad... but positive thinking will spur many to work harder, smarter, more effectively when they realised that they have just enough money inside EPF to clear the 'basic savings' table.

But only if people know that the basic savings table is a good measurement of wealth... or rather wealthy enough to retire or not. Or work till 70... 75, or till deathbed.

=============

BTW how much money to have to be considered 'rich and wealthy''? 2 or 3 decades ago, this 'drop dead' money was 2 million.

"Drop dead money" as in having enough money to tell your boss to drop dead. Or tell boss go fly kite.
This amount don't have to be a million or two, most do it for a just a few hundreds to jump to another company.

No, this 'drop dead money' is serious money... should be adequate enough to go first class everywhere with a don't bother, no care, drop dead attitude to anyone you meet. 2 million does not cut it anymore.

The 'drop dead money' is 5 million.

PS. Buy 4D jackpot this weekend... 20 million.

No ticket, no chance of winning. No matter how small, how tiny, how minute is the chances of striking it big... it is still a chance, but only if you have a ticket. No ticket, zero chance. Born lucky also no use if got no ticket.

that not invest but manipulation..to CI using our hard earn money.

Public Bank launches two new funds

Public Bank is launching two new funds, PB Balanced Sequel Fund (PBBSQF) and PB Aiman Sukuk Fund (PBASF) on Tuesday, managed by its unit, Public Mutual.

The Balanced Sequel Fund seeks capital growth over the medium- to long-term period through a balanced asset allocation approach, while the Aiman Sukuk Fund aims to provide annual income to investors through investments in Sukuk and Islamic money market instruments.

The Sukuk fund, on the other hand, is an opportunity to access Sukuk markets usually inaccessible to the average investor as the standard transaction block amounts to RM5mil.

According to Public Mutual, PBASF will generally maintain its Sukuk exposures in the 75%-98% range against its NAV. The balance will be invested in Islamic money market instruments and Islamic investments accounts.

Up to 25% of its NAV may be invested in foreign Sukuk in Singapore, Japan, Hong Kong, Australia, Indonesia, United Kingdom and other permitted markets.

The initial issue price of PBBSQF is 25 sen per unit while PBASF is priced at RM1 per unit during the 21-day initial offer period from Sept 10-30. The minimum initial investment for the funds is RM1,000 and the minimum additional investment is RM100.

http://www.thestar.com.my/Business/Busines...-new-funds.aspx

From investors point of view. I already have invested in a few funds .. didnt want to invest more until this regulation came along. Shall I just keep it in EPF? Will it really be "safe"?

just a few more months of 20% in excess of minimum sum in EPF contributions (if one is at the higher age scale).....keeping or not make not much different....
EPF "should " be quite "safe" lor...backed up by govt...unless "xxx" then all die

This post has been edited by yklooi: Sep 9 2013, 05:00 PM

Ok thanks for your point of view.

What do you guys think about the 2 new funds? PM has too many funds nowadays make me headache which one to buy

I think I need to apply PMO instead of depending on my agent.

Just wondering if I want to buy the new funds via PMO, will the charges be the same as through agent?

and what are the form of payments?

Sorry noob here

Regards u buying from PMO or agent..u still charge the same sales charge.

Good thing is payment - auto credit from any major bank account

This post has been edited by felixmask: Sep 11 2013, 01:45 PM

Both 2 fund is bonds, so not need to bother first.
New bond will take time to perform.

medium to long term investment takes how long to get 1st time dividend? i bought SQGSQF when it launch and until now i nvr get any...

A bit free at office today so I'm gonna do some charity work...

https://forum.lowyat.net/topic/2910659

Read Post #1, point no. 3 (ii) and (iv)