Sorry...off topic...
about SIP/RSP....

how u tailos doing....say i have 10k...looking for 10 years investment...


invest RM100 monthly/yearly 1.2k/10 years become 10k...roughly la...but u losing to inflation till u use up all funds

or...some say, average out for 3 years only ...that is 300 every mth...within 3 years, 10k used up....

i believe lump sump not good idea...maybe only for bonds perhaps?

if this is already discussed somewhere, please point to right link and i will rtfm...just starting

advanced thank you

This post has been edited by rupart: Sep 15 2014, 11:37 AM

ah ok...thx for the points...so
put the 10k in cash mgmt fund (cmf)
trsf every 3 months about 850 to selected fund
after 2 years, transfer some money again to cmf
put 100 monthly

looks like now cmf is at highest NAV....no harm putting it in anytime? assuming will keep gn up

Hi
I have some qs. My acc just got activated and reading up. In Kenanga Growth Fund fact sheet, the rates are as follow. I thought FSM max 2% only? Thank you very much in advance


Sales Charge
Direct sales staff of KIB and walk-in customers Up to 5.50% of the NAV per Unit.
Agency Sales Up to 5.50% of the NAV per Unit.
Institutional Unit Trust Advisers Up to 5.50% of the NAV per Unit.
Financial Planners Up to 5.50% of the NAV per Unit.