now here come more than spices.....
here come the "asteroid"

RM3.6b ‘asteroid’ to hit 1MDB this September, MP claims

- See more at: http://www.themalaymailonline.com/malaysia...h.HqiYXPPO.dpuf

he has been true for some things...will this time be true too?

yklooi  3 more months b4 Sept...  

Question: let say he bought Kenanga ONEPRS from Kenanga directly previously
now he want to do TOP up (RM 100) by using FSM platform...
can he do that?
Answer: Please be informed that you unable to top up in this scenario. You will need to have an initial investment (RM1,000) in FSM for this particular fund before you can perform top up to this fund. However, you are able to transfer-in your PRS fund from other distributor or provider to FSM platform if you holds the fund for more than a year. Once you successful transfer-in the existing PRS fund into FSM platform, you may perform top up by using FSM platform. 
(just checked with FSM)

do you mean this?
Q: DO I STILL NEED TO SUBMIT FULL SET OF DOCUMENTS FOR SUBSEQUENT INVESTMENTS WITH THE SAME PROVIDERS?

A: No, you are not required to submit any documents once your initial PRS subscription has been processed.
You may login into your investment account to place purchase order by clicking on Transactions > PRS > Buy PRS.

http://www.fundsupermart.com.my/main/faq/faq.svdo?id=8865#12

Huh..  Tomorrow maybe red lagi. Europe and US red now..

Interesting logic.  Looks like your top up amount is going to be more than your existing portfolio.

i know that

but i check return for each year, not average last 5 years.

if every single year it is positive, the chances are higher

of course i am simplifying things but i don't have the knowledge or time to do market survey

i want a simple investment method (that's why i choose UT  )

Yes. During dinner with FSM/Affin Hwang last month, we (yklooi & myself) feedback to CIS that 3 accounts is simply insufficient. This was brought up to FSM management and they have approved to increase to 5 when I followed-up with their CIS two weeks ago. This project is now pending their IT team deployment schedule.

Guys guys, one question!

How do you guys start your investment life with FSM? Did you guys join with 0 knowledge in Mutual fund and pick up as you guys purchase,

or you guys learn them first before joining?

Yeah i know right! I felt that even tho FSM has relativity better rates, I dont really prefer it (to start my UT investment in it) because I am still new and I prefer to have a "physical/ face to face" person sitting next to me guiding me through the process. I guess i will most probably join FSM after i know whats happening and the market practice of UT.

CIMB-Principle Global Titan Fund will be the star performer in this list.

Aberdeem Islamic World Equity Fund seems low performing based on history result so I wonder how you could achieve 31.6% from it.

Will this meeting can generate a positive outcome?

Malaysia meets to convince Fitch it's economy still sustainable

PETALING JAYA: Finance Ministry officials are reported to have met representatives from Fitch Ratings late yesterday to convince the rating agency that Malaysia’s economy “is still sustainable and should be viewed positively”.

URL: http://www.thestar.com.my/Business/Busines...nomy/?style=biz

We only top up when we think the market will go up. If we are unsure, then we just top up for the sake of top up, and let the statistical average handles it. 

A1: If you are like me an active manager, then wrap account is the way to go to cut cost.

A2: PTR = didn't count, don't care. I rebalance monthly... which is also my monthly top-up using VCA methodology.

A3: It all depends. If you are using Public Mutual where the switch cost is a flat RM 25.00, and if your sum is big say each switch is RM 5,000.00, then the cost is 25/5000 = 0.5% per switch which is comparable to paying your normal stock broker trading stocks in BURSA. But bear in mind full agent service like Pub-Mut incur a 5.5% one off of sales charge.

If you are using FSM, the switch is calculated based on percentage.... even at 1% per transaction, it is going to be expensive cumulatively. So wrap is still better.

A4: Yeah, every ringgit of new money injected is subjected to a one off sales charge. Basic package is 3%/1.5% meaning 3% one off initial charge, 1.5% annual maintenance fee. However, like I said before, if your sum is big enough, you can always nego with the Lic Financial Planner. I got a 0%/1% deal coz I told him to ignore me, I will do everything myself and I am actually "tumpang'ing" his account to do my own stuff....

Xuzen

Ringgit Sinks Toward Asia-Crisis Peg as Zeti Optimism Not Shared

Malaysia’s ringgit is sliding toward its fixed exchange rate of a decade ago and central bank assurances the weakness will prove temporary aren’t convincing everyone.

Macquarie Bank Ltd. is reviewing its year-end forecast of 3.75 per dollar after the currency sank last week to within 0.7 percent of a 3.80 peg imposed by former Prime Minister Mahathir Mohamad in 1998, during Asia's financial crisis. Westpac Banking Corp. and Macquarie say it’s just a matter of time before that threshold is tested, given waning demand for emerging-market currencies as the U.S. moves closer to raising interest rates.

URL: http://www.bloomberg.com/news/articles/201...mism-not-shared

Market is like life, there are cycles to go thru.

If there are no wars, weapons manufacturers got no business...
If there are no deaths, coffin makers got no business...
If there are no casual sex, condom makers got no business...
If there are no births, milk powder producers got no business...

Just enjoy the ride!

Does not seem right to me.

should i top up to DCA?

if yes, any suggestion when?