I already understand fully from ur previous explanation le. the mooncake slices one.


that was very very visual. understood straight away. LOL

Eh.
Sorry to make ur morning hot hot

U know lar...pho bo lotsa beef...beef is heaty...energy banyak lo

Ahem... the person who is challenging the basic principle of unit trust investment is also someone whom I remember saying "ASX is equivalent but more superior than fixed deposits"

So honestly, I'm not surprised and I would just ignore. I've given up highlighting to people that it's clearly stated in ASX master prospectus that neither the capital nor the dividends of the funds are guaranteed... so seriously, which part of it looks like FD other than you can redeem immediately

And do u remember I crash the ASX party explaining the profit-smoothing technique employed by those fixed-price funds?

Yaya... and they pretty much ignored it altogether...

Actually it could be a loss-smoothing too you know

Boss, you are accountant by profession right? Go and read their financial statements, it's eye opening

Those ppl, all they care is they got their dividen/BR1M/handouts/goodies
They never wanna learn what is happening in the background, what they got themselves into, the implications etc
And they scream and shout when their MLMs, Genneva Golds etc went bust
And I just realised that Ramjade asked the SAME questions in ASX thread...

Ok, make this my weekend entertainment

This post has been edited by Pink Spider: Oct 28 2015, 11:11 AM

good that you research and know what you wanted to know...I think many newbies just does not know what to expect or expected of them to know, or maybe they just don't know what to research.
for my first time, I just when to the bank...select the prettiest one at the counter, and asked, "I wanted to invest in uts...what is the best now?"......I ended up with all in tech funds under different names with many banks before the Y2K....
Fast forward....back in 2013, (some like me just researched funds for highest past track performance).....they just "bang, Boom and boom" when it happened and just wondered why and where it came from.

I guess may be have to revamp or add in more FAQ's or improves on the FAQs contents....just a suggestion.

btw,..i think @pink had come a long way to be so patient and allocating since May 2013....see his reply to my question....
BRAVO... @Pink


Attached thumbnail(s)

Unker Looi small gas liao

Stressed at work, typing and expressing thoughts is a good way to release stress

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 never said FD>ASX

But I said MANY Variable Price funds like UTs could > Fixed Price funds like ASX

ASX gave u 6% p.a. for many years now, yes

But go see historical performance of superstars like Kenanga Growth Fund, AMB Dividen Trust, Eastspring Equity Income and Affin Hwang Select Opportunity, and yeah those are 100% equity funds

U may even compare against less volatile Balanced Funds like RHB KidSave Trust, Affin Hwang Select Balanced/Select Income.

Yes, there are ups and downs.

But in the long term? Bagai Man City vs Sunderland
U pay for your (false sense of) stability with lesser returns

Sorry Sunderland fans

This post has been edited by Pink Spider: Oct 28 2015, 11:18 AM

This is FSM thread, so I'm not going to go into details of what 'look and smell' like FD is actually very different from FD if you care to read up on the details

But I do agree with you on national interest whole-heartedly. After talking to the folks in the ASX thread I realise why MY has this and how does it contribute to our share market or even economy as a whole

But personally I don't like what I read in the financial statements, so you guys can go ahead, I don't like to be kept in the dark, I'd like to know how much I made or lost, however ugly it may be. And after 2 years of putting money in unit trust, I think I can handle the occasional ups and downs

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.

You know, with this speech the unit trust agents can go sell VP funds from the better performing fund house jor.... to the people who are heavily invested in ASX

Some days I do feel like I want start providing unit trust portfolio set up and monitoring service to people, ever since I started doing it for my mum, cos it's not difficult really; and as long as I can beat ASx and public mutual net of fees, people would love me

But I say only... very scared to lose other people's money

Lose money is easy

Let people chase 9 streets asking why u lost their money is another

I also tried selling FSM to my friends
1 of them, savings account also kena research for months, spent toll and petrol just to find the bank that can give extra 0.x% returns, e-FD pun tak berani put
Another...rather go to an agent...cos ada lenglui agent belanja yamcha at fancy café...maybe got nice longkang to peek

So I gave up on my friends, their money their problem

This post has been edited by Pink Spider: Oct 28 2015, 11:41 AM

give them abit better than ASX and keep the rest? let them sign "capital guaranteed if held till maturity"?

got fren ask me fsm 2% sales charge only. wat fund to recommend.


i show my red table to him. he scared liau. then put in fd.

that is good way to start preparing him....
I got in May 2013...almost all EQ and FI funds in FSM had been so good that had difficulty selecting....based from their past few years of performance track records...I was so confident that I can make some $$, but 2 weeks after I made all the purchases...FED said QE stopping...

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

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

Now show him again... all so green now!

Xuzen