Depends on your preference...

(a) pay a round sum
e.g. PAY RM100, hence RM100 / 1.01 / RM0.26 = 380.81 units bought

(b) invest a round sum
e.g. BUY RM100 WORTH, hence RM100 x 1.01 = RM101 to buy RM100 / RM0.26 = 384.62 units

For me I personally prefer (b), though sometimes I do (a) as well.

What is your ROI and XIRR?

thank bro for the explanation

ROI 28.5% (bought at cimb branch from my RM so initial svc charge a bit expensive yeah, didn't average up / down much after that)
Still going strong I believe, its just that I would prefer to concentrate on local banking only.

U invest in UT through bank all? Nothing by FSM?

FSM only GEM bond. Not planning to buy any equity funds - would prefer to buy stock instead, not blaming the performance, but just consider a few limitations that fund managers might face when handling huge fund. So I'm getting rid of equity funds that i bought previously.

This post has been edited by ctrl_alt_del: Mar 2 2013, 12:07 AM

Can share why u feel so?

Local equities we can buy ourselves easily, but how about foreign equities? It's quite difficult for retail investors to have a well-diversified portfolio of global equities.

Sien.. FSM website under maintenance.

It's Saturday, go get a life!

P.S. I'm watching old movies on Youtube

haha.. my life start tonight!! Barca vs Real.. MU vs Norwich, mamak with friendssss

One example would be during downturn, when when too many ppl cash out equities UT, fund manager would have no choice but to sell fundamentally good stock to keep the cash sufficient, which might not be what we want as an investor.
My long term counter (PBBANK) cagr was ~ 24% the last time I keep track, 2001 - 2010 ( no longer keep track these days...just buy & keep whenever extra fund avail). Also holding small portion of MAYBANK, CAGR exceed 20% the last time I checked.

Buy and hold all the way?

Seems like what my big boss taught me is true, just buy stocks of quality companies with decent dividend yield, buy and hold even when the price drops so long as its fundamentals and business prospects are intact.

But still, retail investors like most of us only have access to KLSE stocks, hard to gain exposure to overseas stocks like US and HK stocks. And bear in mind, Malaysian stocks have been fairly resilient in recent times, but how long can it continue to be so?

I'd stay invested as long as the company is resilient, its growing, its making profit. BTW dividend is not my first priority, its just one of the factors to be considered when choosing stocks.

bro, u still haven't answered my question

So, u are comfortable having your equity investments only in Malaysian stocks?

PBBANK is a good counter but in term of growth, personally I think that they have limited potential as compared to MBB, CIMB or even HLB.

PBBANK is a good defensive and dividend based counter and its price is mainly supported by PM as PM funds local counter will sure have PBBANK in as one of the pick.

Answer is yes, banks in malaysia are too big to fail. Ppl would lose jobs first before banks fail.

We have Dividend Warrior who are focused on Singapore REITs and (a bit of) Telcos, and now we have u who are focused on Malaysian banks

I guess it's my accountancy education background, I'm just not comfortable to be too focused in one or two areas of investment. I guess that's why I won't make it big yet won't go bust

FSM website maintenance is extended from 1800 to 2200 !!

haha.. back online!

Quality company in decent dividend yield...can be define such as...
Finance/banking: Maybank/ Public bank
Oil & Gas: Petronas, Petrol chem
Telco: Digi, Telekom and Maxis
Consumer: Nestle & Dutch Lady
Alchohol: GAB & Clasberg
Tobacco: BAT
Utility: TNB
Gambilng: Genting & B.toto..

What else ? Need some advise as in cash rich position to buy in some good in when GE discount..