How we wish If really got and is a guarantee type hor...

PM = Project Manager / Prime Minister

<joking>

PM = Public Mutual http://www.publicmutual.com.my/

For me when I think the market is at top or has reached my target, I will switch to bond to lock the profit and wait for the next correction

My target for now is 20% to 25%, now 18.16% (as of last fri). So I will be switching out soon

This post has been edited by dzi921: Oct 19 2007, 04:46 PM

I have PISBF / PSBF

PIEBF (Bond + Equity) - Can go up and down faster compared to pure bond

Personally, I don't really bother about Bond's performance cause it is meant for parking

Too bad PBOND sudah tutup Cannot open new account

You can see my portfolio diversified by % in my signature

Bond tend to drop slower then Equity

So my term of parking means, when market is quite high/expensive/unstable, I will be moving my funds from Equity into Bond for parking.

Reason, if the market has a correction, Bond will usually drop slower/little compared to Equity, meaning I'm locking my profit by switching Equity into Bond

Why am I switching into Bond and not parking in Equity for long term? Reason, to maximize profit

PS: This is based on my experience. I might be wrong

Then if based on my experience,

Yes, you should at least open a Bond fund account. This is going to be useful during correction time. With a phone call (telemutual), you can switch from Equity to Bond easily

If you do not have that, you have to sell it off and can be troublesome (in terms of time and procedures)

The benefit of switching compared to selling off and buying again:-
You safe in terms of service charge (6.5%)

In addition to that, imagine when you ask your agent to switch and he didn't. Rugi...

So I prefer to DIY too

IMHO, If the investment is only a few k, then the switching cost of RM25 might not justify the switch

it will be wed's price

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Added on October 24, 2007, 9:40 amToday is Wed

This post has been edited by dzi921: Oct 24 2007, 09:40 AM

The price on the site is usually 1 day late late

E.g.
For monday's closing result:-
Top portion will be showed on Tues Morning (around 11am)
Bottom portion will be showed on Mon Evening (around 8pm)

If today you want to buy any fund, you wouldn't know until the market is close

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Added on October 24, 2007, 10:24 amThe price on the site is not like stocks which is updated every few seconds. The NAV needs to be calculated when the market is close

This post has been edited by dzi921: Oct 24 2007, 10:24 AM

I wonder do many people actually use their EPF money to buy UT?