Now make full use of CMF

yupe..gonna do that..how fast ah in real life for CMF withdrawal? T+2?

Cut-off is 3PM on any business day

E.g. u sell on Monday (T) before 3PM
Wednesday (T+2) FSM will remit to your bank
Depending on your bank, LATEST u will have the funds by Thursday morning, I got mine every time on T+2 evening

I had the thought to invest in KFG. But taking a look at my portfolio exposure, I have around 20% in Malaysia. Guess I'm better off investing in shares myself and not through UT. Besides, KLCI valuation is a bit on the high side now.

Another point to note:

Buying Malaysian equity fund like KGF:
Value of your invested capital fluctuates based on NAV price. NAV price will go up or down according to market value of its holdings. Unrealised paper loss to the fund affects you. And the fund manager might decide to cut loss and sell off.

Buying shares yourself:
If u are buying and holding for long-term, paper losses do not concern u until u decide to sell, while u will keep receive regular CASH dividends.

Just my 2 sen

This post has been edited by Pink Spider: Oct 23 2013, 09:44 AM

anyway guys, it would be helpful if there is a small glossary section in the first post or at least a link to it.. especially for acronyms.. I'm having trouble trying to guess these acronyms you guys using lol (example, DDA, still cannot guess what is this for the past few hours).. most of the time googling the acronyms reveal more than one results, so had to play mix and match game.. =_=

anyway, just saying..

So many of them...

Anyway DDA, RSP are standard acronyms, for non-standard acronyms like fund names, I'll try to use sparingly

all recently bought funds also in green. DCA through RSP has its advantage afterall.

haha no worries.. for funds is still easy to guess.. it's the standard acronyms that is sometime unknown to newbies.. anyway what is DDA though? RSP is Retail Selling Price?(seems out of investment context lol)

This post has been edited by eugoreez: Oct 23 2013, 10:32 AM

RSP = regular savings plan
DDA = Direct Debit Axxxx

DDA is more commonly used for Public Mutual, FSM uses RSP

Same thing

ooo okay got it, thanks

I think in this context, rsp= regular saving plan

You confusing our friend, eugoreez there. Haha!

Market is so boring now

lol, make a glossary at first page lor.

it is so green, dare not step in. let RSP run lor, 0% sales charge. drop also wont be so painful

Who said RSP=0% SC?

U want what sorta excitement

mine is in SG. hahaha

some ups and downs so that he got chance to go in.

i predict friday's budget will drive MYS stock market down, ringgit is likely to strengthen since GST is likely to be implemented

red red at certain markets, your chance is here

haha.. well at first.. now got it de..