Just make sure that u able to withdraw the money when require at anytime with very minimal transaction charges.

ya.. FD is fine as well

okie cause 6 months of worth of cash.. sitting around not "working/earning" , is kind of a waste...

need to make money work more harder so i can work much lesser

Here's another article (from MarketWatch) for light reading: "This stock market needs a correction." http://www.marketwatch.com/story/this-stoc...link=MW_popular

Actually its title do not reflect its content. It's on the premise that investors are driven by their emotions. "What now? Contain your emotions. This market is in transition, and transitions are rarely as smooth as we would like."

BTW ignore the comments in this particular article... too much trolling unlike other MarketWatch articles which I linked previously.

Cheers. Stay invested.

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

PS. Why bring up these articles in this post and previous post? Just a reminder to stay true to long term objective of investing in mutual funds, and not get caught up too much with the market.

1. If you're in the accumulation stage, continue doing DDI or DCA investment. Invest (in equity funds) as you save.

2. If you already have a matured portfolio (and no longer adding much more to it), and counting on it for retirement income, maybe try to balance the risk and not have more than 50% in equities.

Cheers.

All situ out there,I m newbie of public mutual fund.Suddenly I got such idea,currently I m holding public Islamic opportunities fund and public saving fund..izzit wise to switching public saving fund to public Islamic opportunity becoz there normally will have distribution declaration on August then switch back to public saving fund coz having distribution at year end???

And what is the purpose of doing that?

There's a cost involving in switching.

There is no meaning in distribution for UT. So no point doing it..

Oooo...I thought we earn more units fr distribution hence can gain more money..silly thought..
Thanks for adv..

[quote=David83,Apr 15 2014, 07:52 PM]
And what is the purpose of doing that?

There's a cost involving in switching.

[/m
What if I'm mutual gold and can save the switching fees..becoz I holding mutual fund since 2005..fr china select to south east Asia to public saving and public Islamic opportunities...growing very slow...Hutu

[quote=Eeynaw,Apr 15 2014, 08:52 PM]
[quote=David83,Apr 15 2014, 07:52 PM]
And what is the purpose of doing that?

There's a cost involving in switching.

[/m
What if I'm mutual gold and can save the switching fees..becoz I holding mutual fund since 2005..fr china select to south east Asia to public saving and public Islamic opportunities...growing very slow...Hutu

[/quote]
If you're a Mutual Gold member, then you pawned everybody doesn't have it. But the main objective is the purpose of doing it even though it's FOC.

[quote=Eeynaw,Apr 15 2014, 09:52 PM]
[quote=David83,Apr 15 2014, 07:52 PM]
And what is the purpose of doing that?

There's a cost involving in switching.

[/m
What if I'm mutual gold and can save the switching fees..becoz I holding mutual fund since 2005..fr china select to south east Asia to public saving and public Islamic opportunities...growing very slow...Hutu

[/quote]

You should get some advise from your PM agent...

You gain absolutely no extra money from switching to a fund just because it's giving distributions. Read the #1 posts in relevant threads for more information on distributions.

Your objective is to switch to a better performing fund based on actual rate of Return on Investment (how many % per annum). To help you decide, you can look at the actual % returns at http://www.publicmutual.com.my/application...formancenw.aspx

If by "What if I'm mutual gold", you don't currently have Mutual Gold status, but planning on getting it - don't.

PM is a below average performer, and has the most expensive sales charges, amongst the Fund Houses. Don't put any more money into it. It's not worth it.

Try Fundsupermart.com. You have to decide for yourself what to invest in, but that's better than being charged 5.5% for a bunch of clue-less "UT consultants" advising you to buy funds which are under-performing other fund houses, if you are lucky. If you are less lucky, well, as you know, you get stuck with those China funds.

Ya.. too expensive. That is why my PM funds now just keep it there only. No more topping up and buy in new funds..

All China Funds managed by Malaysia's UTMC is not making money since their commencement. It is not just limited to PMB's China Funds.

Hi, for the pb mutual dividend tax relief, how do I fill up the column at e-hasil? This is because the pb mutual dividend will minus 25% rate automatically, right? But i am not in 25% bracket, so I should declare to get back some refund.


oh i think answer is here - http://www.fundsupermart.com.my/main/resea...?articleNo=3246

This post has been edited by ngaisteve1: Apr 21 2014, 02:02 PM

I've questions on investing unit trust through Public Mutual online website.

Currently I've invested in a fund (say Fund-A-Acct-1) but the fund is under an agent. I would like to make additional investment on Fund A but I don't want it to tie to the agent. So I would create another 'initial investment' on the same fund (say Fund-A-Acct-2). If I do that, then I will have 2 accounts on the same UT fund.

Is it advisable to do that? Later is it possible to merge it back under Fund-A-Acct-2 (the one without agent)? My objective is to keep off the agent.

This post has been edited by navilink: Apr 25 2014, 02:23 PM

When you buy any other new fund from PM Online, it is already tied to your agent.

bro, why would u like to do so? ur intention is to save the service charges or that particular agent is not doin his job?

Yes, you will have 2 accounts on the same fund.

There is no advantage in selecting "no agent" since the service charge is the same, other than conveying to Public Mutual that we do not always need any agent and that the service charge could be lower especially with PMO.

Anyway, if you are investing long term, there will bound to be another agent servicing you, as you may have move to a new town, or the agent had resigned/retired and no longer active.

Yes, there is a transfer form that you will need to get your agent to sign to transfer all the accounts under him/her to another agent. Me, myself has several agents, and I just let it be... though I had to do a bit of extra work to keep track to avoid unnecessary extra switching fees.

Cheers.

To New Investors,

Talking of transfer forms to release accounts to another agent, it would be a good idea to have the agent prepared the transfer form during the first meeting itself when you are just starting to invest... and you keep the form in case you need to execute it in near future.

There are several obvious reasons which I don't need to explain.

Cheers. Stay Invested.