Yeah, I can go to PM branch to switch my balanced fund to something else too.

Switched to PEF to average down, PIEF and PCSF to open an account with minimum charge. RM25 each. Good bargain for me.

Indeed. You can do what you want to do with your money. If you opt for UTs, you have to pay for the profesional fund management. If you want to get a financial planner, you need to pay more for each consultation. Financial plan need to be follow up closely.

Normally people that go for UTs or other actively managed investment products is those who are busy with their own life and not be able to do frequent monitoring. If you have time, you can trade stocks like a full time player.

athon11, if you follow my post you should see I already clarify that everyone have their own taste and choice and they have their right what to do with their money.

Yes, got it! It is up to what you like.

There are a lot of scams in Malaysia also.

Believe yourself or believe others, make your decision.

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Added on August 25, 2007, 12:14 amYa, some people does not like to invest stocks themselves. Some does not have sufficient infomation, some does not have enough capital, some does not have confidence. Thousands of reason.

This post has been edited by shih: Aug 25 2007, 12:14 AM

That is a good proposal for the investors, but I doubt when can it be carried out.

I would agree if UT/insurance agents go for profesional certificates like CFP but RFP is too easy to obtain. So I wonder the agents quantity will cut down but not excessively. For me, I vote for CFP. I would like to take the course when I have settle down in my working environment.

Yes, SI without the bank approval will take more than 1 month to process. So, in order to make sure your SI can be done effectively, bring your passbook, go back to your bank branch and ask for the approval before you hand it over to Public Mutual branch.

It is better for you to get the bank apporoval first, else it would be time consuming also.

You can only tell after the funds' results is out. Unless the fund manager disclose some insider news for the investors during the launching period but it is not necessary accurate also.

I dont think that will happen, the market will be full with agents after this year due to the bull keep running. But I predict FMUTM will do something to regulate this things, because too many agents without high eduacation qualification is not good for the clients.

I hope later on they will start to implement some certain qualification for UT agents to skim off the cream and leave the better one to serve the clients.

But if online portal is available, I think the charges could be lowered to 3-4%.

Top up rm200 in PCSF this morning when I see DJIA -280. Dont need to throw so much money at one shot. Not urgent in making money. Too much hot money in China too, far more than US, the credit issue will be worse if China credit bubble burst. But I take this as long long term investment, so play slowly and steadily.

I will top up slowly.... my next top up should quite far from now. Need to see how is the market going. IF going down a lot, will start to do SI already.

The actual value BEFORE and AFTER distribution is the same. It does not make additional profit by getting the distribution, because the value of the NAV will be decreased also.

NAV = Total Asset Value/Total Units

That is impossible for the fund manager to update you everytime. So, you need to predict the market yourself in order to maximizing your potential return, if you are going for short term. If for long term, many strategies could be implemented.

I think the word 'employed' means the decision that fund manager make, like increasing equity ratio, portfolio rebalancing and so on. Normally policy will NOT change, but strategy does.

I would like to put some money in PAIF when the timing is right too.

Not so soon, let me clear my stocks 1st. Unit trusts are going no where when the market is not performing. People that bought UTs in the recent launching are not making much money, some even lose. So, when market goes down, play for long term and average down.

But my opinion does not serve as guidelines. I just do it the way that I like it.

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Added on September 12, 2007, 12:18 amI dont know when is the lowest point but I will run my SI if the market really goes down seriously after GE.

This post has been edited by shih: Sep 12 2007, 12:18 AM