If I reckon you are not doing a good job, I may.

Otherwise, hey, you have my vote for chairPERSON. I'm not sexist.

Ppl holier than thou mar Pinky.
Funny how Excel is ok hor... picky buggers lah them gnats

I am trying to separate 1 and 2...
b'cos I think the risk appetite for 1 and 2 is different due to longer time horizon and also the 2 has PTPTN or scholarship to fall back on ha-ha.

You replied to me?

No, you ramble too much. I have no interested in your rambling shit.

Learn to present your points in meaningful form.

If you are responding to someone else, state that from the beginning rather than provide a whole bunch of waffle.

That's it. I have no interest in dragging this on, thanks.

I was never holy. I'm a drunkard womanising and foul mouthed chairman

Well, i think separated asset allocation works too but i'm just too lazy tracking, executing, adjusting.. 3 portfolios.. gila

Yeah - have SSPN done thus, PTPTN on standby but scholarship.. dunno lar
BTW, SSPN - just got confirmation from LHDN, in person, that interest is counted as part of tax relief, thus U don't need to hentam $6K cash in every year to get $6K tax relief.

BTW, U count SSPN as "fixed income" part of your asset allocation for your 2 separate portfolios?
ie. in asset allocation sense

Long live the King!

my 2 sons different 3 yrs ONLY...so I think 1 portfolio for them is enough.
I hantam 6k to try to built more $$ in there.....anyway I think got just a few more years before gomen stopped the tax relief (2017? I think the gomen already anticipated this reduction of contribution thus set a stop year)
no I left the SSPN out of the calculation for the portfolio....but if I did managed to set up another portfolio just for my kids...I may add the sspn as FI in their portfolio

This post has been edited by yklooi: Mar 12 2015, 12:15 AM

er.. just to share yar
i simulated via Excel for SSPN VS equity fund bought at 2% SC & 1.85%mgt fees

What i found based on my assUmptions :
1. if not for the income tax relief, no point getting in like 4 or 5 years BEFORE PTPTN needed coz the returns are similar to "good FD".

2. And if time horizon is longer (10 years+), the impact or oomph for each tax relief becomes less as the base-returns is FD-like (3%+/- to 4%+/-).
---
ie. in a nutshell:
IF 10+ years, better to put all $6K in Equity funds (if ignoring asset allocation) giving 7%-8%pa CAGR
VS
put $6K in SSPN compounding 3-4%pa CAGR
+ $1560 (26% tax relief-ED) into Equity funds giving 7%-8%pa CAGR

Shorter term - well worth it due to "oomph" of the 26%
--
Note though - as GST gets running, personal tax is being lowered.
Thus, as it gets lower.. the "worthwhile" factor may be lost - it depends.

Just a thought

This post has been edited by wongmunkeong: Mar 12 2015, 12:19 AM

is this blogger you?
Does it worth to put saving in Skim Simpanan Pendidikan Nasional (SSPN-i)?
http://voyager8.blogspot.com/2013/12/does-...ng-in-skim.html

I was enticed by the 26% and a little bit of takaful
tax rate reduction reducing the impact of the tax relief

have just posted the question about the portfolio allocation...to CIS.
hopefully can get response and shall feedback here.

Nah not that's not i - i've gotten to lazy to update my blog much.
Anyhow, his calculations seem to be missing a component - reinvesting the tax reliefED received into equities.
However, even then, similar conclusions heheh - if shorter term worth it for sure, longer term is iffy.

ok, thanks for the info on the "worthiness of sspn if > 10 yrs"
learned and hope that readers can "SEE' it.
good nite.....you should rest..."what an eventful night" for you

Congratulations!

Ya staff benefit Hmm still thinking, maybe just use the bullets for stocks

US stocks continue the downward spiral but at least Europe has recovered a little. But most of Asia is still down. Not sure how long it will last but I think its gonna drop further as we get closer to the Fed's announcement on the interest rate hike in 3 months. Not gonna be good for most funds I guess.

Stocks drop in value but Dollar rises.

Yes but funds are based on stock value rite?

U give RM to fund manager
Fund manager convert RM to USD to buy US stocks
When
(1) US stocks drop
(2) US Dollar rise

1 and 2 will contra off each other, though not 100% contra