Public Mutual Funds, version 0.0
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 Sep 29 2019, 08:07 AM
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#1
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Elite
1,701 posts Joined: Jan 2003 From: Setia Alam  
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My in law want to support his relative, and instend buy ut for my child. So I no idea which public fund to go. Prob is the relative still new. My in law plan is just monthly rm200 for maybe 5 years.
So any sifu suggestion. |
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Sep 29 2019, 01:58 PM
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#2
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Elite
1,701 posts Joined: Jan 2003 From: Setia Alam
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QUOTE(engyr @ Sep 29 2019, 09:33 AM) Can consider bond fund or money market fund. Bond fund 1% sales charge, money market fund 0% sales charges. So any product recomend for bond, money market or equity. The amount investniw not big, monthly purcha se aroudn 200 for maybe 10 years.Equity fund sales charge 5.5%. Not easy to earn after deduct 5.5% sales charge. Whether you earn or lost money, your agent will earn. I was so regret to buy equity fund.  |
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