thank you for your advice.

don't just think about savings though. need to consider your cash flow and quality of life. no point saving saving saving and you don't get to enjoy life. money will never be enough. there won't be a time where you will stop looking for money.

Not too sure if this is the correct place to post but a newbie in need of guidance here.

Can anybody recommend a professional / knowledgeable unit trust agent to me? I am not interested in those agents who are only pro-sales with limited knowledge or those who are attached to a single bank.

Am looking for agent who are able to give professional advice and recommendations.

Thanking all sifus in advance.

Not if you live like me. Live way way way below your means and you will find you have excess cash every month.


Good luck with that. You will find it hard as all agents are commission based. Go hang out in FSM thread. They will teach you anything about UT. Keep in mind they don't like people talking bad about FSM. They like it if you bash amanah saham and public mutual.

Y bash public mutual ya?

DIY people didn't like giving out 5% commission to them. lol.

Ramjade - U getting into painting everyone the same?
"don't like people talking bad about FSM. They like it if you bash amanah saham and public mutual."

Should i paint U as a typical "GenY kid" like some?

Well it's the truth. When someone talks about platform fees (bashing FSM) and amanah saham on that thread, everyone will come out and bash the poster. So I am giving the guy what to expect. Better to hear from someone with experience. Better to warn them beforehand. Post get reported and everyone not happy just because someone talk about amanah saham vs FSM. FSM platform fees vs eUT free promo.

You can but I aren't the same Gen-Y

This post has been edited by Ramjade: Nov 2 2017, 07:40 PM

Hi all I am a noob here. I was wondering ....I am risk averse but am interested interested placing money in safe options.

I am thinking between FD and also heard about cimb funds connect frnid. Cimb talked a lot about it but am worried. Is the fund a good option?

Y not start it at
80% vs 20% fund
70% vs 30%
60% vs 40%

btw im just started to invest in fund, before this 100% FD.

heard many times before in other threads...frnid (Floating Rate Negotiable Instrument of Deposit) is NEVER a good option...

goggled and found this
https://www.malaysia-today.net/why-would-an...ke-toxic-waste/

more on goggle...

If it wasn't capital guaranteed I wouldn't even consider it
And t5-7% worth it?

i guess that is no guarantee clause in that products.....
if 5~7% without the guaranteed...better try ASNB Fixed price funds....
PM Ramjade for advise in that....he is very helpful.

Forget FD. Dump your FD into ASNB fixed price funds. The difference of 2-3% is significant.

I don't think they have guaranteed. For ASNB although not guaranteed, but past record have shown us they never go below 6%

lowest is 6%...i strongly believe next year will less than 6%...well just my 2 cents...might not happen...

now people recommend asia pac ut. but with ringgit strengthening, will this affect the return of these asia pac ut? say ringgit up 10% 6m time, will these cause return from asia pac ut down (may not be 10% though).

yes it definitely will impact the asia pac UT

Fund usually does currency hedging.

Hi, I am thinking want to open a PRS account as I want to utilize the PRS incentive from govt. However, I got some question and appreciate if anyone can assist the matter.

I aware that initial purchase for PRS is RM1k in order to get RM1k incentive from govt. Once the incentive is credited into my PRS, do it need to top up RM1k every month??

no....
once you reached the RM 1k investment within the time frame to qualify for the PRS Youth incentive....you can stop....