I'm new to FSM, just opened an account. What is the best way to transfer fund to them? Thanks.

Which part of northern region? I got some legacy investment with CWA (since Ban Hin Lee time) but I'm going to move it under FSM. Is CWA only deal with CIMB unit trusts?

I switched to MM when my profit dropped by 20%. I'm glad I did as switching back to equity when they are cheap made me a tiny fortune then.

That is at Seberang Jaya office. Do you open on Saturday?

I have a very basic question but it keep me wondering. After we have built up our portfolio allocated based on various categories and regions, how do we maintain those percentage given the fluctuating nav? Do we top up as required to maintain percentage or switch from those fund making money to the lesser one to maintain percentage? Thanks for any insight on this.

So we top up monthly and re-balance half/yearly. Final question .. when top up, do we buy those below % or all the funds in portfolio? Thanks.

This is not mere experiment but a good system. In trading which you're not doing btw, always open a position with pre-determined exit target - either stop loss, profit target and/or time target.

BTW, since you are in CWA, do you know if I can transfer my fund in CWA to FSM? FSM do not have a form to perform this in their website. Thanks.

Ya..I've stop filing that for a long time.

Not 90% but 100%

That is kind of general statement for newbie to understand. Risk does not always depending on the instrument, but on individual. Get educated and the risk can be reduced. Low risk investment can be high risk for uneducated investor. High risk investment can be low risk for educated investor. Whatever the instrument chosen, newbie need to get educated first to reduce risk.

You need to have multi-tier account for your saving and investment

1. saving/current account for daily cash flow. Salary bank-in to this account and you withdraw from it for daily spending.
2. Cash reserve/emergency fund (your so-called Saving account). You need to build this up before you invest. Like what david83 said, you can start with 3 months of spending and you can increase later. Some investment guru suggested to have 24 months of daily spending by the time you retire. Don't touch this fund. Don't use it even for investing. Need to keep in fairly liquid instrument, low risk and have some return such as FD, Money Market Fund, ASB, Flexi housing loan account etc.
3. Investment accounts. There is a big world of investing instrument out there. Use excess money to invest. Money that you would not need to touch for years to come since you already have emergency fund. You can start with Unit Trust funds and can buy thru FSM, eUT, banks or mutual fund houses such as Public Mutual. My suggestion is to stick with one vendor in the beginning such as FSM so easier for you to manage it. Research before you invest. Don't just listen to the sales person. Stay with funds that has good track record. As you gain more experience with investment, then can explore other instruments out there.

Look at it another way. You pay the fund manager to invest on your behalf or you can buy the shares directly. It depends on individual. If you have time and know how to pick stocks, go ahead and buy shares directly in Bursa. If not, it is better to just pay the fund manager. UT is also a good way to invest in foreign stocks that you can't easily do it yourself. For me, it is worth it. I know nothing about local market. Leave it to fund managers. I put my time and effort in trading in US market instead.

Depends on which discount broker you signed up with. On TDAmeritrade, it is $9.99 per transaction although I get charged half of that due to higher trading volume. Other brokers could charge higher or lower.

Where you heard that? My friend just opened his account 2 weeks ago.

3 - you can transfer to FSM for 0% SC by letting FSM CIS know about your intention and they are agreeable to it. You sell all your units in PM, scan and email the redemption receipt to FSM. You need to purchase the same amount $ of UT in FSM and notify CIS of your purchase before cut-off time. FSM CIS will zap your SC to 0%. If you notify after the cut-off time, nothing much they can do to zero it.

2 - my largest investment in UT thru EPF is still in PM due to this flexibility of switching between funds, but best to be gold member for 18 free switching or gold elite for 30 free switching.

My dividend funds in PM (EPF)

PDSF - Public Dividend Select Fund - 9.9% IRR, invested since May 2005
PIDF - Public Islamic Dividend Fund - 11.6% IRR, invested since Oct 2003

My best performing fund in PM (EPF)

PFSF - Public Focus Select Fund - 13.6% IRR, invested since Nov 2004

I think all except Affin Hwang funds. I could be wrong though. Why not you call up your friendly FSM CIS.

I'm getting into CIMB-Principal Greater China Equity Fund. My very first China fund hopefully turn out to be

You read those type of news? I don't and won't. I believe the downside is smaller than upside for China. Is it the right time to invest? Maybe or maybe not but I can't time the market. Let see what happen after 5 years or more