can i say i kena tricked by TA investment ah... wahlao my fund with them down 30% 1Y...one year down 30% omg la....simply amazing...

clam down

any fund that exposed to US/China is down 30 percent if you bought it on the peak

if you use dollar cost averaging method, and if you still have bullet to do so, it should be fine

if you use dollar cost averaging method, and if you do not have additional bullet to do so, then it is not fine

wait until you see those TA/public mutual/principal investment agent and fund manager still go on company trip overseas regardless on economic crisis or depression you lagi will puke blood

Bugger agents

Hi, newbie here.

Just wondering if majority here do UT by themselves or under fund house with agent?

Those that had experience will do it ownself DIY.
For if not mistaken ...if do it thru agent will cost more

I see.

I had one principal agent tried to pull me into their UT. The only setback for me was the fee (8%)

For total newbie, better to go for low risk investments?

Which principal ut fund charged 8% sales charge?
I thought max is only 5-5.5% sales charge only?
Can try DIY platform from

https://www.fsmone.com.my/

Charged only about less than 2%sc for equity funds.
Contact their client investment specialist to determine what is your "low risk" investment really mean.

Thanks! I will go through fsmone and some youtube videos to learn in-depth

Jfyi
Fsm client investment specialists are very helpful and they don't charge money.

Just sharing & adding to the knowledge of lazy & statistical investing into broad based funds (ETFs used for easy data update and your own testing by downloading from Yahoo Finance)
https://docs.google.com/spreadsheets/d/17L9...dit?usp=sharing

Summary:
If we consistently invest, even the same amount yearly, into a broad based fund, EVEN IF CURSED LUCK buying at the highest cost every single year, in the long term (20+ years data used), we still make profits even ending on a badly down year of 2022. Thus the key is ability to HODL (ie. have good cash flow planning), consistency & long-term outlook (ie. NOT quarterly). Imagine how much better if we bought at median or even sometimes, lows, especially when there's FEAR?

Snapshot of SPY 1994-2022 Invested Yearly at Highest


Snapshot of QQQ 2000-2022 Invested Yearly at Highest


Snapshot of IWM 2001-2022 Invested Yearly at Highest


This post has been edited by wongmunkeong: Jan 4 2023, 10:51 AM

Does anyone have any experience or opinion on KR Group? I have the 'opportunity' to invest in their Islamic Redeemable Preference Shares with a minimum investment of US$ 25k. Targeted Returns 18%. Seems a bit risky to me but does anyone have any experience of them please?

https://www.krberhad.com/

This post has been edited by MattSally: Jan 26 2023, 11:02 AM

Risky.
No go to me.
Personal opinion.

Any comment on the OCBC campaign offering to top up MMF returns invested via OCBC by an additional 3% p.a. for 6 months?

https://www.ocbc.com.my/personal-banking/on...rust/index.html

Hi newbie here, not sure where to post, seeking opinions.

Agent switch out my funds to below funds without my knowledge with forged records:

Eastspring Investments Dana Al-ilham
AmGlobal Agribusiness Fund
European Equity Alpha
RHB Gold And General Fund
Manulife Shariah India Equity Fund - A (RM) Class

No clear profit/loss yet, some transactions still under clearing process. My question:

(1) What can I do?
(2) In the event that damage is already done, are these 5 funds considered 'ok' ?

I am still fairly unclear whether there are more untold misconduct done by this agent such as cash out my funds to his personal account etc, is it possible? Gonna call the platform next week for help.

Which platform is that?

eunit trust by Phillip Mutual, I registered everything myself here, but apparently there is another platform which is linked to this for agent side or something called FAME, the agent created a login there without my knowledge which is linked to my PM account and did the transactions there

This post has been edited by jwgs0010: Mar 11 2023, 12:22 PM

If you did not gives prior consent in any signed form, ....then can complaint.
But if you did signed any form or forms with "small" prints that authorised the "agent/company" to manage it for you, (something like managed account) then, .... nothing wrong.

Did they charge you for each moving/switching of funds?
Some "agent" made additional commission from these sales charges or switching charges. They charge by EACH fund, each time.

Did not sign anything, did not authorize the agent to do anything, the agent admit wrongdoings is for commission.

Unsure about the charges as I am still figuring out, the agent said no charges.

If no charge, then where got commission?

If the platform that allows agent to moves client's funds around without client's consent, ....then better move all out, and go ele where.

Which one recommended? FSmone? Only on Phillip due to the frequent 0% promo thing but depending on the outcome of this, considering.