u can ask for pre-approved loan

u can utilize it anytime u 1

i also bankrupt already own bank 1mil

yeah this not doing so well compared to SOF

Hey guys,

I've finished reading "The Coffeehouse Investor" and am now going through "Bogleheads' Guide to Investing". Both of these books talk about the passive way of investing through low cost, unmanaged index funds as opposed to actively trying to beat the stock market through active trading. Any advice on how I can achieve this sort of investing around here?

I've done a tiny bit of research and a lot of people talk about unit trusts. But from what I've seen they have front loading fees and high annual fees (compared to unmanaged ones). Some also say that the indexing the whole market doesn't work around here because the market is less matured (not really sure how that affects it though). Thanks for any advice.

IMHO:
1. for emerging markets, especially MY - do mutual funds via FSM (lowest cost overall)
Why? U already know - manipulation & insider.. i mean "feel & surf" by fund manager does have impact (ie. alpha)

2. for developed markets or huge markets, go ETFs for lower cost of entry & annual mgt fees
eg. SPY, URTH, Vanguard funds & ETFs, etc all listed in US ARCA or other exchanges.

3. if just want to focus on cost effective and passive - local KLCI has CIMBA40 covering ASEAN 40 companies + CIMBC25 China's largest 25 listed on HK exchange. Google them for details - CIMB ETF does have very detailed info for both.

Thanks for this. Will look into it later. What is FSM's role in everything? Are they like the middleman between me and the actual investment channel? New to all this, sorry for the silly question.

I forgot to ask this in my original post: is it possible for us to buy Vanguard related funds?

FSM? think of them as corporate agent, not individual agents. go to their website and FAQ

Vanguard? sure - sign-up locally with any security firm that does US stocks
can buy Vanguard's ETF. Mutual funds.. er.. unless U are in SG or US.. tough

Another way to buy Vanguard's ETF - go SG's TOS (Think or Swim) or OX (OptionsXpress) can buy liao
third and further out option - online US account but i heard several has clamped down on MY account opening - unsure how "vicious" or tight it is.

Me - have HLeB account for foreign trading & foreign currency + OX SG account.
BTW, if i kaput suddenly - my Will has no issue to be executed in MY & SG. Cost also no big deal for SG as compared to US heheh.
Just thinking a step further which may be of interest to U.

@wong: Interesting ... "my Will has no issue to be executed in MY & SG. Cost also no big deal for SG as compared to US heheh."

I am not investment savvy. What do these two comments mean? I am also "multi-national" based and have access to Vanguard USA. Any advantage to buying through Singapore?

This post has been edited by oneeleven: May 18 2014, 01:45 AM

In a nutshell - when i die, my beneficiaries can get to my assets easily in SG
because of nearer distance & cost (VS US) +Commonwealth law (VS US),

IMHO - no point building stuff up for nothing, it is to be used * gifted (if can't use or give in time when still alive).

ETF.

Any RHB UTC here?

yes what u 1?

Hi all,

I've been reading a great deal on unit trust investment and decided to start investing [through such platforms as FSM or CIMBClicks to offset the high service charges]. I've short-listed a few funds below (in no particular order of preference) in an attempt to realize my goal of growing my money within 5 - 7 years (depending on what I can do with at least 30000 then).

Haven't really zeroed-in on my risk but figured a higher-than-EPF return and growth puts me in the moderate to high risk zone?

Do suggest any others too. Not too sure I need to throw a bond fund into the mix at this point in time but thinking to begin with 2 funds to buy into.

CIMB DALI Equity Growth
CIMB Islamic Balanced Growth
CIMB-Principal Asia Pacific Dynamic Income
Eastspring Investments Small-cap
HWANG AIIMAN Growth
Hwang Select Asia (ex Japan) Quantum
Kenanga Growth

Thanks people!

quantum not doing so well but aiiman is doing great

This post has been edited by DarReNz: May 31 2014, 08:28 AM

quantum is picking up

Thanks fellas. Will post back once I finalize those list in the coming weeks. Mean time, anyone with input can just chip in.

This post has been edited by wonglokat: Jun 1 2014, 06:08 PM

ETF在马来西亚热不起来，其实，ETF的确是很好的投资工具。没有信托基金的高收费，但是有信托基金的特质。

其实不需要花个6-12个月去了解信托基金。真正有心，花一个星期看prospectus，花1-2个星期向代理了解，大概就了解信托基金的基本运作。我当时只花了1-2个星期看某公司的prospectus，也没有向代理了解，因为我在银行投资。我去询问时，他就给我prospectus，叫我自己读。现在，在佳礼看帖了解，更简单。只要了解了基本运作，觉得适合自己的，就可以开始投资。投资这个东西，需要经验，始终需要自己近场才能更了解。股票投资也一样，你研究了5年股票，如果不曾投资，也不能说你真的会投资。

为什么信托基金还适合某些人？因为，不是每个人都知道什么是蓝筹股，不是每个人都可以在看到某个小型股上涨的很快而不会在高价买入，不是每个人都可以长期持有潜质股。如果你可以长期持有真正的蓝筹股，当然自己直接投资股票比较好。

我还记得当时PBBANK股在RM13.00时，很多人说这股太贵，不能买，而去买其他的小型股。现在你看看PBBANK的股价。我庆幸我有买入，而且一直持有到现在。

Woohooo! Let the slaughter.. erm.. i mean competition begin!
Hajime! Fight!
---
http://www.reuters.com/article/2014/06/09/...N0OQ0KD20140609

UPDATE 1-Malaysia's PM eases rules on foreign fund managers, corporate bonds
12:24am EDT
* Foreign fund managers get broad access to retail investors
* Requirement for corporate-bond ratings to end in 2017
* Foreign rating agencies to be allowed to operate
* Najib says liberalization steps in line with development goals (Recasts, adds details, fund manager quote)
By Yantoultra Ngui and Stuart Grudgings

KUALA LUMPUR, June 9 (Reuters) - Malaysia's Prime Minister Najib Razak announced steps to liberalize the country's financial sector on Monday, removing barriers faced by foreign-owned fund managers and easing ratings requirements for the corporate bond market.
Najib, speaking at an investment conference in Kuala Lumpur, said the moves were aimed at boosting investment and encouraging a "stable and inclusive" financial system as the country aims to reach developed nation status by 2020.
He said foreign firms will be allowed, effective immediately, to fully own unit-trust management companies in Malaysia - a move market players said would give foreign fund managers much broader access to the country's retail investors.
"There will be no barrier to entry for new foreign unit-trust management companies coming into Malaysia," Najib said....
..blah blah <see link for more info>

'A MASSIVE STEP'
The removal of restrictions on foreign-owned fund managers means they will now be able to market funds to retail investors in the Southeast Asian nation of 29 million people, said Gerald Ambrose, a fund manager at Aberdeen Asset Management in Kuala Lumpur.
Until now, they have only been able to sell wholesale funds to Malaysians with a net worth of more than 3 million ringgit ($935,000)
"Foreign fund managers can manage conventional unit trusts now, which is a massive step. We've been pushing for that for a long time," Ambrose said.
Najib said the new steps were integral to Malaysia's goal of developing its economy to achieve developed-world status by 2020, with a projected income per head of $15,000.
"I want to see Malaysia emerge not just with a high-income economy, but a high-quality economy," he said.
"That means building a stable and inclusive financial system, encouraging innovation, and tackling corruption. To that end, we have introduced policies and reforms to ensure our growth is not just strong, but sustainable." (Editing by Richard Borsuk)

one of the TPPA requirement

I want to invest in Aberdeen specific country fund.. Come come