Why not RSP manually? Manually buy instead of relying on RSP?

FSM My, u can start ur investment by RSP into a fund with Just RSP amount, so like u can start investing in ponzi 1 via RSP with just 100 instead of 1000

Fsm my has the convenient to RSP from CMF

But, for FSM SG, poems and DD, all required u to go for DDA/Giro, which is hard and tedious to initiate and change

Rsp from cash account in FSM SG is only available for maps, for other UT, if donr go for DDA RSP, u will need to shell out SGD 1000 initial investment for each fund

That's why I am only able to afford to transfer global tech

I think it's alright to shell out SGD1000 for each fund (keep no of fund small or else no money ). Then after that every month buy the min amount = manual RSP?

This post has been edited by Ramjade: Mar 24 2017, 01:07 AM

Bo lui ah my friend

Freshy takda lui to maintain SG portfolio with freshy salary

I feel the same way actually. That's why I'm a lot less active in FSM SG... it's expensive ler. And the exchange rate to SGD

I thought you are earning SGD?

U mistaken me with someone else. I wish I'm earning SGD

Anyway, I haven't been actively changing SGD in the past 2 years. The money I have in SGD was from redeeming ASx funds. My last large batch of exchange was done at 2.84

Well what to do. As elea88 said. Earning RM and investing in SGD

You have the chance to go look for job in Singapore mah. Older ppl like me settled down already hard to move liao
What line are you in?

Bro,... everybody starts like that,... you need to start somewhere,.. initially you convert first to invest into SG instruments. Then as time goes by, you start to earn from your instruments, and your earnings will be in the SGD.

Further down the road, your earned SGD will become more and more, and when you start pouring yr earnings back to invest into more SG instruments, you will feel 'lighter' because you do not need to convert yr RM into SGD anymore.

This is when you will earn the SGD already,...

You must buy the right instruments,... this is the condition.

This post has been edited by Hansel: Mar 24 2017, 08:44 PM

My FSM HK account opening has been approved

Gonna spend some time to research before dropping the bomb. Or maybe do it the lazy way (regular savings plan)

I just sold the First State Dividend Advantage and plan to divest into other HY bond.

So what are you buying with the proceeds?

Bro,.. High Yield Bonds or High Yield Bond Funds ? Why did you not reply him/her ? It's yr money,... even if you wished to throw it into the drain also... it's up to you,...

If you believed in High Yield Bond Funds,.. as I have been doing all these years,.. then so be it,... speak yr mind,... no need to be careful of him or her or of anyone,...

This is just a forum,... no need to be overly careful to speak,...

That High Yield Bond Fund which I invested in has become a very low yield bond fund. So I have decided to switch out of it.

Which fund was that? You have FSM SG account?

I invested in the FSM MY United Asia HY Bond Fund. It is not moving up and in fact, it is going negative ! LOL.

For me it's still positive. Not as bad as amasia . Amasia hardly move and was close to (-) but this fund have always been (+) to me. But not even one year yet, why fret.

I think I am caught at the moment when USD is weak against MYR and there was a fed rate hike too.

But no, RHB Emerging Market Bond Fund performed better for the same period.