Yap Ming Hui said to be careful when investing in Singapore. http://www.thestar.com.my/business/busines...u-need-to-know/

Yap Ming Hui also used examples of the ASB and the EPF as examples.

Any opinions ?

Edited by adding : Ming Hui is right by saying that we have to be very careful and will need to do our DD hard when investing overseas. he is not able to see that though the ASB is giving only 8% per year and 'may have lost the value of its investments significantly' since the MYR depreciated by 30%, he missed the point that the amount of work and time saved-up by not needing to work hard before investing into the ASB could have been put into better use somewhere else,... thereby generating returns there too.

The other income-generating activities could have yielded more than 24% returns for the ASB investor, which would,... basically offset the drop of 30% in the MYR.

Any other opinions about the article ?

This post has been edited by Hansel: Mar 27 2016, 01:49 PM

If paid in units, what about the leftover dividend to be paid out after the units have been sold-off earlier ?

If paid in cheque, how does it work ? Do we go to take the cheque at the PNB Office to collect it or do they mail the cheque to us ? How long does it take to receive ?

Never experienced the above before,...

Yes,... your first sentence is quite true,... in his article, Ming Hui claimed that many are looking at foreign investments now because the depreciating MYR has caused people to lose the values of their investments -> I think this is not true. After much debates in this thread, I doubt there are many investors in Msia who would take the effort to venture further out.

I would believed these PNB funds will always be around since most of we Malaysians are not really keen to know more about investments.

I think most of us are more keen to work hard for the money,... or perhaps, there are other ways to get money besides working hard, or investing hard,... Our ASB and our EPF actually yield quite a sum every year, be it not for the longterm depreciating trend of the MYR, if,.. let's say our MYR has the strength of the Singapore Dollar, how nice would it be to just pour ALL we have into the EPF and the PNB FP Funds...

Tq Wil,.. appreciated your help.

I held-on to my full portfolio of ASM units from FY April 1st., 2015 last year till eond about Oct., 2015. The dividends that I have accumulated from April 1st., 2015 till Oct., 2015, ie till I sold-off my units... how would I be receiving this dividend ? In reinvestment or in cheque paid out to me ?

Either way is okay to me,...

'I am talking abt investment knowledge, not accounting or economics.'

Very good points being debated and put forward by MGM and dasecret,...

I go back to my earlier points again which was : why are U students in Sgp able to spare time to learn aboyt investments and our students are not able to ??

Very true about what dasecret said : Do you hand hold them out of poverty or do you teach them how to fish ?

I guessed our Gov't has been handholding them out of poverty all these years, and the culture just could not stop anymore. But OTOH, if the Gov't can continue to handhold, like what I am seeing now with the ASX funds, then what's the problem ? The only slight problem I'm seeing is the dividend yield for ASX has been dropping over the years - this is the problem,.. Will it drop further moving forward ?

Will it drop to a level that is not able to match inflation in Msia ? That would be a very important question.

What MGM said is true - we are talking about investment knowledge,... not deep economics and accounting,... but what dasecret said is true also - investors or financial analysts would have a competitive edge if they were from the accounting/finance background/professions. Hence, we must come up with a model of......how much and how deep a level must a student of investment knowledge go in order to be sufficiently equipped to make good investment decisions.

The above is still being debated upon,... as I have found out among my peers and the students that I have helped out. There is still not good syllabus out there yet for investment-related courses. I/We continue to debate with the proper educational authorities on how to structure such a syllabus.

Of course, to each his own,...I would do the same too, until I can find another vehicle, then transfer out. From 6.4% gain, paid yearly to 10% gain, paid monthly,...

Tq,...

The challenge here is how to structure a course that is :-

1) easy to understand for the lay-people.

2) sufficiently informative and detailed enough, but NOT too much details, to be taught to a would-be investor.

3) what are the specifics to be taught for different classes of investment instruments.

A personal experience : I was having a discussion once with an investment guru who was personally coached by the daughter of Warren Buffet in Omaha,.. he claimed that the standard way of,.. analysing stocks is applicable throughout all the stocks in the bourse. I did not agree with him,...to me, specific metrics should be used for specific stocks within a specific industry.

It's going to be a long way towards finding such a syllabus.

I have done that,... the most famous being the business school at Columbia UNiversity in The States that teaches investment. However,.. thoguh the course says investments,.. the chapters being taught can qualify a person to be an economist.

Too detailed,... too much to study,... if an investor starts to follow that course, he will give-up on investing.

MOre fine-tuning must be done,...

Yes, gentlemen,... but let me do more research and discussions first on the underlyings and the safety margin,..and GOOD ENTRY level,... travelling again this morning to gain more infos into this,...

Speak again in a few days,...

Do not forget to minus out the 10% tax,... and is the payout consistent ?

This is interesting. They are still able to increase the fund size. Okay,....

The 'additional' increase for the FY beginning of April 2016 = 17.234 Bil Units - 17.040 Bil Units = 0.194 Bil Units.

This translates into 0.194/17.234 = 1.12% increase in fund size, at RM1.00 per unit nav.

Err,.. can anybody advise ?... how do I check what was my Buy Price back in 2006 when I first invested into the ASG Pendidikan via my EPF ? I don't know where to look. My records are missing,...

If I can see what the Buy Price was, then I would be able to gauge how much I made, from the nav appreciation as of today (if any),...and from the additional units credited into my account, and collected in the last ten years.

Then I can see the returns per annum.

Tq Xing,...yes, there was a passbook, but I recalled the passbook has no contents inside,...but I'll search for it again and see,... Tq,...

Bro,... we should have been born Bumis,... then we can sweep up everything,... There must be a reason why we are so under-privileged, must queue, getting snubbed-at, ignored, etc, etc,...just to buy units. Others can just walk in and buy at their wishes. So easy to make money,.....

Alas,... we still have to survive with our best effort,....if such cannot make it, there is really no excuse at all,...

That's where the PNB thing comes in as the EQUALIZER, right ? That's why for people like you and I, we can't buy easily,....

That's where the PNB thing comes in as the EQUALIZER, right ? That's why for people like you and I, we can't buy easily,....

How you know I'm not working hard ?? I think I am the most industrious investor in Msia, Sgp and North America COMBINED !

If don't believe, check forummers' comments here. ...

Yeah,....missed this point.