I can accept it if there are no change in time (remain static). But we know that's not true. It can increase or decrease after time. But if time is factored in, no of units is important. No?

This post has been edited by Ramjade: Oct 28 2015, 10:26 AM

Sorry bro, Pinky Spider My mistake. I think I start to understand about what's posted on front page.

It might not be highlighted in the MP about capital and dividends guaranteed. Well I list it out how it's equivalent and superior to FD.
1) You buy and sell at RM1/unit. You tell me how can your capital is not guaranteed unless pnb goes kaput? No SC.
2) FD interest most is 4.X%. ASX FP have been giving out consistent 6.x% per year. Yes is not guaranteed the dividends but think, if they give less than that, how many people will pull out? Now, we can't have that can we. Besides they have reserves to give consistent returns to during bad times.
3) National interest bro. We can't let something happen to national interest can we?

So now you have it, capital is "protected". "Consistent" of >=6.X% returns per year for >10 Years. What more you want? May not be FD, but it looks like FD.

And pinky, you may speak bad about asx fp, but let me tell you that I know someone who managed to double his original amount just by putting into asx fp (no topup just dividends). It might be slower compare to fsm, but he still manage to double his original amount.

This post has been edited by Ramjade: Oct 28 2015, 11:19 AM

I know. Hence I will treat asx fp as FD. But I will start to venture into FSM once I can remove my money from some where (not asx)

Well some Unker and aunties cannot handle up and down. They just want stability and consistent returns which can give better returns than FD. Some person just dumped rm3m into it.

dasecret, sign me up if fees is less than fsm's.

yklooi Must have slighty higher and consistent returns yearly then only can work.

For those who wants to put efd,

Best is maybank Islamic efd 1 month 3.25% min rm5k
Ambank Islamic efd, 1 month 3.15%, minimum rm1k.

Here you go
For those who wants to put efd,

Correction: that is over the counter
The one I posted is for those who want to put efd for 1 month. Able to put and uplift online

This post has been edited by Ramjade: Oct 28 2015, 05:18 PM

Er, maybe pinky too much money? Hand is itchy?

But if people with "Henry sugar" ability.

Care to explain how to use dca from fsm? Is the dca = dual currency account?

This post has been edited by Ramjade: Nov 4 2015, 02:35 PM

Like this sure incur SC of 2%. No? if yes, isn't it better to dump all rm10k inside while SC is 0% (new member feature given by fsm)

Sorry. My mistake. Isn't it last time 0% SC for 30 days?

So after the first 30 days, activate the RSP, then you get total of 7 months SC at 1%?

This post has been edited by Ramjade: Nov 4 2015, 03:07 PM

Btw, you hold the funds or sell when it have made a profit (like share)?

Ok. Thanks for answering. Say one got fund A, B, C, D, if one does not rebalance but instead dump in RM500 every month into each fund A, B, C, D, is that OK?

This post has been edited by Ramjade: Nov 4 2015, 03:44 PM

Guys can recommend me a good prs? Want to keep it for future reference for tax relief.

Every transaction you do, they earned commission regardless you make a loss or profit.

It's worth it. If the amounts large. Say >=rm100,000, 2% is rm2k.

But not sure if it is applicable or not.

This post has been edited by Ramjade: Nov 10 2015, 01:42 PM

Er, care to share how to improve? Oil prices won't go up anytime, local stuff also not going away, US keep saying want to raise rates.

You guys check your funds everyday or every week or only once a Month?

Me don't invest in FSM yet. Just looking at this thread for future use. Topup everything evenly?