Lisbra Asnita Bond Fund.

Ryhmes with

Anita Mui Bond Fund what. Lol.

oh okay. I tot got other reason

I'm new in UT/FSM too. But I never think to start reading from even v11. Lolz

Okay.. at least I have read through school lesson, potential funds and research papers from FSM.

May I know how will Budget 2016 affect UT investment? or wont be any effect?

As year end coming will do spring cleaning. Switch those have similar mandate first and highly corelate funds . Then review back on the portfolio most probably Equity 90% Bond 10%. At also try to be discipline with monthly DCA rm500 monthly. Slowly will increase to rm1000 monthly.

I was advised we should allocate savings from salary then only minus expenses. Try to implement this month see workable or not. invest while still young

This post has been edited by prince_mk: Oct 26 2015, 07:34 AM

Sounds like a good plan.

What's with dca?

in my case i sell 50,000 units, put in CMF waiting to buy back or other UT later on

So if you do the following
Fund A > CMF > fund B, there's no SC right? Can we choose the CMF or there's only 1 CMF?

This post has been edited by Ramjade: Oct 26 2015, 02:24 PM

Hi I am a newbie here. In the midst of registering fundsupermart account then come across iFast from friend's friend but I don't get to know the benefits though she explained. Can someone enlighten me please?

I thought I only need fundsupermart, do I need iFast and why?

Many thanks all sifus!

That's 'pay yourself first' concept; which, for most people, already in place with EPF - which works because EPF locks the money from our prying fingers. If don't have a monthly budget and no discipline to stick to the budget, any money put aside will later be used up too.

Think a bit about the bond/equity ratio if you are still doing DCA:
- why put money into bond and not in riskier equity (higher risk, higher returns) when you are still making savings in UT and accumulating UTs? The younger you are, the more risk you should take. If young no balls, want to act hero when older?

- Trimming profits and rebalancing from equity to bonds. Should you be doing this? Where's the logic when you are still doing DCA. Take off some this month and buy back later next month or quarter or whatever according to your DCA plan? Is this timing with an objective of making short term gains? But why think of short term gains if the investment objectve is long term? Isn't it more logical to have a long term investment plan if the investment objective is long term?

- If switch out from equity, does it not means that we have bought more equity than we would like to have? And in the first place, is it not already decided how much to buy in the DCA plan? Is it a DCA plan if we flip-flop btw buying and then switching out later? Isn't it a VA strategy for a short term objective?

Dollar Cost Averaging Method

The Regular Savings Plan (RSP) utilizes the dollar cost averaging (DCA) concept of investing which is the practice of investing a fixed amount of money regularly regardless of market conditions. In the case of RSP, the investments take place monthly. This article helps investor understand the benefits of DCA and what considerations that an investor has to make in executing a dollar cost averaging plan.
Benefits of Dollar Cost Averaging
For many investors, market timing of buying low and selling high is almost an impossible task especially when fear and greed typically lead investors to do the opposite of buying high and selling low. The main benefit of DCA is that it takes the guesswork and emotion out of investing. By investing a fixed amount on a monthly basis, RSP ensures that you accumulate more units when prices are low but lesser when prices of units are high. A lot of stress is avoided as the investor does not have to decide whether the fund is expensive or not and whether the market condition is suitable to invest.

U may refer here. Read the FAQ

http://www.fundsupermart.com.my/main/faq/W...e-to-pay-1083#1

Nobody, not even the experts will be consesus on how the market be in the next several months. Many investors will be caught by surprise whenever the market goes down; and it will be emotional since this is money and hard earned savings.

DCA is a regular investment plan that could take the emotion away that will hinder investors from continue buying when the market is down.

Find out more about the Regular Savings Plan in FSM that supports this DCA concept...

Asked and thy shall be enlightened!

IFast = FSM = same company, diff division.

With IFAST you need to go through agent Licensed financial planner. The agent Licensed financial planner will then hold your hand softly and gently, mollycuddly with you to walk the investment mine-field together-gether.

With FSM, nobody gives a SH1T abt you! Everything you kow-tim yourself from filing up the forms to submitting it.

Xuzen

This post has been edited by xuzen: Oct 26 2015, 02:53 PM

for the benefits of doubt and more info on this...
what is the different one must have and willing to pay extra for this "hold your hand softly and gently, mollycuddly with you to walk...." versus "nobody gives a SH1T abt you!

For the "hold your hand softly and gently, mollycuddly with you to walk together-gether along the investment minefield" package it is 3% upfront + 1.5 % annual advisory fee. Thereafter any switching will be free of charge.

For the "Nobody gives a SH1T" package: 2% up front and 1% or RM 25.00 per switching whichever is larger. Sometimes, FSM when biz is down, may give you for a limited time 0% sales charge.

p/s for the "hold your hand softly and gently, mollycuddly with you to walk together-gether along the investment minefield" package, the 3%and 1.5% can be negotiated if you show how BIG your cheque amount.



Xuzen

This post has been edited by xuzen: Oct 26 2015, 03:18 PM

Xuzen how does CMF works? Fsm holds your money for a while?

Fund A > CMF > Fund B. By moving your money like that, will one get charged for SC or is free and one gets free credit points?

There's only one CMF ot there are lots of CMF?

er.. clarifications:

For the "Nobody gives a SH1T" package: 2% MAXIMUM up front (dependent on Normal, Silver, Gold, Platinum) and 1% or RM 25.00 per switching whichever is larger.
Sometimes, FSM when biz is down, may give you for a limited time 0% sales charge.

also, the mollycuddling and handholding may be by a guy, not a gal
thus, your mileage may vary

CMF is just like a UT that take your money and buy up money market instruments from the debt market. The instruments they buy include but not limited to Bank Guarantee, Letter of Credit, Banker Acceptance or Creditor guarantee.

Technically the trustee of the fund holds the money, the UTMC manages the money and FSM is the nominee of your account. Confuse? Sorry you have to ask....

There are lots of CMF. Up to you lu suka mana satu. FSM uses RHB punya right?

wrt credit this credit that.... sorry I tak tau pasal itu coz' I am on the "hand holding, molly......" package. don't give a darn about credit this credit that.

Xuzen

wongmunkeong, my advisor is a guy... I completely like his hold-holding & mollycoddling, I am not sexist.

This post has been edited by xuzen: Oct 26 2015, 03:42 PM

So by paying more than 2% in sales fee, do I get a free papaya massage and ping pong treatment?


Yikes, I never thought of that before. I think I will stick with FSM and do "self service".

This post has been edited by Vanguard 2015: Oct 26 2015, 03:40 PM