Seems that you are still not sure of the market condition and you dont really know what you want.
What if i ask you to switch all your funds to PCSF and suddenly PCSF crash?
Do your research. Do not invest purely based on what people tell you.

It's good to ask for opinion but do not act just based on it.
That's my advice.

Yes, I've stopped investing since it passed 1300 cause I feel a bit risky and the future is blur



Based on the Diagram

A - Bull is running. People will advice you to buy using Dollar Cost Averaging. E.g. Shooting every month

B - Correction has calmed down. Bad news is cooling off. I think this is the best time to buy. Imagine if I have not buy every month in A and buy one shot during B. It will be gaining faster and more cause no DCA

C - Time to stop buying as Bull is nearing it's high (like our current market now). Save bullets for the next correction. Once target profit is reached, switch to bond for parking. Don't be greedy

I've used strategy A previously, but after this correction low I've noticed it is so much worth to buy during B time (this require quite a lot of monitoring and right timing with some luck)

PS: I'm not a pro. My advice might not be the best

It depends on how big is apetite. One investment style might not suit another. dzi921 is more to short term profit reaper.

Just want to maximize profit by switching and buying low mar. I'm only 1 1/2 year old in UT, still learning which method is best for me

And yes, different people different appetite. So find your best satisfaction as long make money

May I know what is meant by a term called "averaging down" and "averaging up"?

Let say if top-up every month and the fund is growing in the upward trend, the average unit cost price is climbing higher and higher but in terms of 0.000x ... does this mean averaging up or what?

heyz, im a Public Mutual agent. email me at babybuntut@hotmail.com if you guyz need any info on funds, new funds, or recommendations.

It's not really short term la, just add some timing to reap bigger profits and avoid losses with those additional investments.

Yes, everyone wants to maximize profit in shortest time possible. Just wondering what is your return so far, using your method. Has it been stressful?

When stock market goes down where got no stressful one

My return was good till I recently made a big topup and the 6.5% service charge is quite heavy

I would like to seek advice on Public Bank Growth Fund. According to my friend, we can just walk in to any Public bank to buy this fund.
Can anyone here advice me on the procedure of buying the fund in little detail?
Thank you

This post has been edited by ryansxs: Oct 4 2007, 02:21 PM

For PB fund series you can go any public bank to buy direct. The forms are there

For PM fund series you have to go PM branch to get form and have an agent. Form submission can be done at any public bank if u want to do yourself else ask your agent

If you were to give cash then better go open account yourself at the bank else issue cheque to agent

Thank you very much bro.

Just adding to it, its not advisable to give cash to agent directly right? or better go to the bank together with him.

It is very dangerous/risky to give cash as you have no proof it is from yours as the agents can run away with it. No offence to anyone, although I think most of the agents/bankers are trustfulness but always becareful when dealing with money.

A cheque issued to your name is much proper way to do. A responsible bankers or agents also generally not willing to accept cash also, they will advise you to write a cheque.

There are a lot of PM agents here as we speak..

Averaging down is when the market is on the downtrend, while averaging up is when the market is on the uptrend..
When your average price is lower than previous, then it's average down, and vice versa..

PM agents cannot accept cash, they can only accept cheques under the name Public Mutual Berhad..
If you want to bring cash, you should first get an account in PB and transfer from there..
Having an account in PB is good because you can topup anytime online..

so is Public South East Asia Fund a PB series fund or PM fund?
Can direct buy from any Public Bank Branch or need to go thru agent?

It's PM series fund. You need an agent first.

Can I go straight to their office instead (eg the one in Bangsar or Damansara?) ?

You can do that, but i think at the office they might insist you get an agent/intro one to u. Well, if u get an agent, he/she can do all the running for ya BTW, you can also go straight to any public bank as well. With or Wothout an agent, u still pay the same amount of service charge.

On another issue....
For PB series fund, according to my fren working in PB bank, any person (i.e. customer service/front desk) that receive the application form n process it, they will get the comission and that is without much services given to the investor.
Not sure bout this...can anyone confirm?

On Cash issue...
I personally think it is always better to give cheque to your agent. Cash is always dangerous, if your agent misplace it or worse 'swallowed' it, then habis liao. So better give cheque, safe guard urself and oso for the agent

This post has been edited by kingkong81: Oct 4 2007, 05:04 PM

PB banktellers will be getting the commission for each fund sold..
Yes, they don't provide service, like what happened to me..
Already told my banker about it, well at least my agent is servicing me very well now..

If you are looking for PM agent. Try ask here, I think there are at least 3 or 4 agents here