U guys monitor mutual funds like monitoring stocks.
I tot for fund investment u only monitor it every quarterly?

Hmmm... Discussion for the sake of discussion....just to kill time in order not to feel lonely?
I rather invest in other asset, like prop, no need to check market every week, i can sleep well and awake after 2 years, that is just me...don't shoot me

This post has been edited by cheahcw2003: Aug 8 2013, 10:46 PM

i am referring to the property under construction purchased from developer.

what I mentioned is invest in the property for capital gain....
All the above that u mentioned in rental property are manageable.

I have vested in Mutual funds for > 10 years. In average I would say, Mutual fund returns are not that attractive compared to my property portfolios.

I started to invest in Public Mutual since year 2000, became Mutual Gold member in 2005, and then to Mutual Gold Elite.
I started to invest thru Fundsupermart in 2006, by opening an account in their Hong Kong branch when FSM hasn't been opened its branch in Malaysia.

This is just my personal experience.

Yes I know...
I have 13 years investment experience in Mutual fund and I compare both property and investment and I can concluded that Mutual fund long run can't make much, mutual fund companies make money first and historical proven they make more than the investors in long run.

The BOLD one I agree...u can start from small value property, say RM100K property, pay 10% and rent it out or etc.
Once u make, then increase the investment value of property to RM200K.
The beautiful of prop investment is leveraging, u just need to pay deposits and the bank will loan u the different...
LEVERAGE IS MY FAVORITE BEVERAGE.

You can refer to the property discussion thread in LYN.
There are many discussions on going.

Not to make things complicated here, since this thread is about FSM and about Mutual Funds investment, we shall not talk Property investment in details here.

What I felt is that if u want to monitor the stocks/ index movement every day, need to wake up in the midnight to monitor the down jones index, might as well u invest in stocks direct. Cheaper and have better control. Just take the annual report of the Mutual fund and follow the fund allocation for each stocks will do.

If u choose to invest in mutual funds, monitoring once a month will is making sense (if u are employed u get your pay cheque once a month anyway, thus can decide whether to top up or sell it with extra cash on hand each month), or monitor every quarterly is good enough.

Mutual Fund investors don't have to be over-reacted to any announcements, news and etc. You have paid the annual fees to the fund manager to do so for you.

U got me right.
I can't say for all. My experience dealing with property and mutual funds, the earlier gave me better return.
I made more in property not just because of luck, a lot of hard work though.
As I said earlier, the rich in the world has 2 things in common, they either make their fortune from real estate, or they keep their wealth in the form of real estate. There is no exception.

Do u know how many properties Buffet and Bills Gates own to conclude that?

I just merely shared my personal experience.
I said I vested in mutual funds for 13 years, my conclusion based on my experience is my other investment give me better return. I m not here to inviting debate. You can share your experience as well to prove the otherwise.

About karma thingy, a lot of ppl speculate on stocks also especially fund managers. Not only property, gold, petrol, commodity like rice, garlic also open for speculation, so we can't say karma. If u want good karma then better put money under the pillow.

This post has been edited by cheahcw2003: Aug 9 2013, 11:22 PM

I monitored the funds monthly/ quarterly and switch in between bond and equity funds. As a public mutual gold member, I enjoyed 12 free switchings per year, also for FSM- HK, they also offer unlimited switchings as well.
I would say for the last most active 10 years, I made around 8% p.a. in average only. Not outperform my other investment.

If u check my previous statement I did mention that the rich either made their fortune from real estate or KEEP their wealth in the form of REAL ESTATE. The 2 tycoons u mentioned keeps their wealth in the form of real estates. They own office buildings, houses, blocks of condos, hotels and resorts, land, private jets directly or indirectly. That is why I said no exceptions.

Even MNC like Mc Donald, if u study their annual reports, they do not make much from their franchise fast food biz, main chunk of their profits are from real estates capital gain, they own most of the restaurants they have worldwide. And investment Guru like Buffet has exposure to Mc D' blue chip stocks and also other REITS stocks.

As I said start from small investment. If u can't afford a RM100k property with 10% deposit, JV with the family members or friends. Pool some funds from others and invest together. U don't hv to buy a million ringgit property for a start.
Or invest direct in REITS, the cost to invest and maintain it is lower with proven/ consistent track records. This is the cheaper way to "own" properties.

Exactly...Rich people tends to own lots of properties.
I did not study how much % they keep their wealth in real estate, as the rich have never officially declare how they allocate their wealth.

This post has been edited by cheahcw2003: Aug 11 2013, 12:23 AM

You can also leverage to invest in UT. Some banks offer loan to invest in Unit trust/ Mutual Funds.
You can also buy property in cash.

Let me emphasize again. I am not comparing UT and Property investment.

I just shared my personal experience that my UT investment return merely 8% p.a. in average, and I am not satisfy with it as other investment give me better returns.

This post has been edited by cheahcw2003: Aug 11 2013, 12:28 AM

We have discussed it before.
U can pledge your public mutual funds with public bank, get OD facilty up to MOA 80%, rate blr-1%, can withdraw the OD to invest in mutual funds.
I know other banks like OCBC, Cimb also offer this but lower MOA.

I know how to differentiate ROI and COCR.
AS1M can't be pledged for OD facility.
I got 8% pa return due to active monthly and quarterly monitoring and switching, otherwise I expect I will only get 4% pa in average. As for other investment I don't hv to do that.

I pledged my bond funds for OD facility back in 2008 where PB Islamic bond gave 8-10% return until year 2011.
The initial charge of bond fund is 0.25% which is still doable. After minus out the 5.6% OD interest I still hv a positive return of around 4% with minimal risk. And I reinvest the OD into same bond fund and repeated the same formula... But now bond fund is not doing good, so I cancel all facilities and withdraw all my funds.

We all know for mutual funds investment, fund managers make on sunny day and rainy day without fail. Unlike investors need to take the risk. That is why I prefer to invest direct now. Historically and statistically proven 90% of the funds can't beat the index funds or index ETF in long term partially due to the cost of investment.

Well I should replace the 90% with "majority". As forumers here likes to catch my words as an English teacher.

Try to google the key word "mutual fund outperform" and u may find the answers.

Most of the local mutual funds when they published their performance they only show gross return but not the net return. Investment cost like initial charge, annual admin fee, performance fee, trustee fees all shd be included when calculating and comparing the net to net return.

We hope to have a healthy discussion here.