As I understand, I need to have RM1k to start buy/sell unit with FSM.
Since I have extra cash to spare, and being relatively new to UT and FSM, is it advisable if beginner like me to experiment with this just so I can understand the flow?

FaQ from FMS said something else.

How much money do I need to start?

A: Most funds have a required initial investment amount of RM1,000. However, some funds may have higher minimum initial investment amount. Investors may obtain this information from the respective fund factsheet.

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If my RM1k 'kaput', are they going to auto deduct my money from M2U account?

Sorry for the noob question tho.

If I go through agent to do UT or banks, dump my money, and expecting profit in few years, and Fund Manager screw up, what would happen to me? Can I held them responsible for the loss?

How would I know if i can trust them and if they're capable to generate profit?

That makes alot of sense Thanks for the scenario.

Also the link given by yklooi gave me general overview about investment.

I'm still a bit confused with the concept of investing through fundsupermart vs UT agent/Bank.

My understanding is that if I invest through UT agent/Banks, the fund manager will take care of everything, I don't have to worry about changes in market or when to sell and buy, etc etc..and the cash will accumulated over years, and I get more money than I initially invested. After 3-5 years.

However, some of you guys here are making a lot more money in only few months (maybe) than someone who go through agent and had to wait few years.

I read in a blog somewhere that he is generating 15k a month. How is that possible?

How is UT long term investment if people can make thousand of cash in only weeks/months?