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Fundsupermart.com v14, Happy 牛(bull!) Year
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woonsc
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 Aug 15 2016, 10:19 AM
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QUOTE(xuzen @ Aug 15 2016, 10:04 AM) Although the above is meant to rhetoric, never the less, the most appropriate answer to the above question is as follows: "The best time to invest is now, and the best time to sell is when you need to use the money" I say now because once your money is in the capital market, the chance for it to gain reward outweighs the risk of inflation due to the money sitting in FD. It is a known fact. The selling part, I do not need to elaborate, it is self explanatory. Xuzen  What about keep riding the wave when growing; cut lose and sell when down?   This post has been edited by woonsc: Aug 15 2016, 10:19 AM |
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woonsc
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Aug 15 2016, 10:45 AM
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QUOTE(xuzen @ Aug 15 2016, 10:24 AM) You go and main stock - market lah! You stock - market person you..... Xuzen p/s My answer is targeted at those who are still in baby level in UTF investment. For those more experience, lai lai, let's talk about port optimization & minimum variance portfolio.  still young, 80% of my investment is FSM! <3 I still follow yr investment philosophy!  |
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woonsc
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Aug 16 2016, 10:17 AM
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QUOTE(Pink Spider @ Aug 16 2016, 10:14 AM) Stop spewing cow dung here. Those who's REALLY in FSM instead of those who came here merely for post counts know damn well that CMF > savings account.   CMF, the grim reaper of FDs.  |
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woonsc
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 Aug 16 2016, 10:45 AM
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QUOTE(Pink Spider @ Aug 16 2016, 10:24 AM) Yeah, it has been consistently yielding above even 12-M FD (board rates). Let's face it, how many of us are free enough to keep hunting for promotional, usually one-off FD rates? only my rich semi-"retired" uunties and ancles.. CMF easy in easy out, daily interest.. What more do u want? |
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woonsc
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 Aug 16 2016, 01:51 PM
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QUOTE(Slong729 @ Aug 16 2016, 12:13 PM) Sorry hor, newbie here. What exactly is CMF ? It's ok, everyone here is learning  CMF is short for Cash Management Fund, a fund available in Fundsupermart which we park our savings. > CMF< Link here |
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woonsc
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Aug 16 2016, 01:54 PM
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QUOTE(Pink Spider @ Aug 16 2016, 01:49 PM) Indicative Profit Rate (% p.a) 4.00 Investor 70%? so is 2.8% per annum?  |
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woonsc
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Aug 16 2016, 01:55 PM
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QUOTE(Ramjade @ Aug 16 2016, 01:53 PM) Full interest given on uplifting (calculated based on no of days). No need to wait for monthly. So how? Still higher than CMF right? It's monthly lol.. CMF is daily..   |
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woonsc
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Aug 16 2016, 02:57 PM
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QUOTE(Ramjade @ Aug 16 2016, 02:43 PM) For me yes. Few minutes only. Free money + all done online, don't want meh. Can be done in <5 mins.  IMHO, CMF is still better, as i can direct switch in and out of funds in FSM.. if i wanna quickly buy a fund, i need to go eGIA-i site to uplift it out, then balance need return kembali, go different site "FSM" to log in then buy.. walao.. it's always based on personal opinion. Thanks so much thou..  |
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woonsc
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Aug 16 2016, 03:18 PM
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QUOTE(Ramjade @ Aug 16 2016, 03:13 PM) 3.75% = 70% in islamic banking there's no interest. So to come up with a new name to replace interest = profit. So out of 100% profit, you get 70% which is = 3.75%. The bank take the 30% profit.  4.00 x 70% = 3.75%???? RM 1000 in after a year Get RM40 70% for RM 40 = RM 28 RM 28 / RM 1000 = 2.8% |
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woonsc
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Aug 16 2016, 03:25 PM
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QUOTE(AIYH @ Aug 16 2016, 03:22 PM) 3.75% is nett after the profit sharing ratio  in layman terms, we received 3.75%, no more no less  haha too complicated.. well..  +1 for CMF |
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