Inter switch will generally have 2 days lag. But intra switch will generally have zero lag ( there is a list of exceptions ).

So if I am targeting to invest in cimb equity fund, may be can consider parking into cimb bond fund in the mean time ? LOL.

a "friend of mine"...always has a minimum
1) 1/2 month expenses in CASH lying around the house
2) 1 monthly expenses in Saving a/c of EACH of the 3~4 different banks with ATM cards
3) 3 months of saving in FDs on monthly renewal mode

that is "his" 1st pockets of Emergency fund that is to be "VERY" liquid.

there is really no right or wrong methods to have in an emergency fund.

just that don't be too annalistic in "concerning" too much about the "losses" of some % of interest on this emergency fund....not to the extend of calculating to the precise "lag" time in days of the x% of emergency cash in the said a/c....

concentrate more into how/where to position one funds in the portfolio; be it includes among other things like; Vanguard credit ninja trick, RSP ninja trick, abit of timing (buy lower  ), try to seek funds (if possible) from FH with free switching and no holding periods between EQ / FI funds, visiting and actively posting more in here, etc, etc.........to helps provides winnings/savings that is/will be much more than the losses of some % in the lag time. 

........
Every method has pros and cons, just need to evaluate and maximize the particular method for different people 

Maximizing the fixed income with savings method will also benefit some way for those who rely on it 

MAXIMIZING?....
when one is a investor, he/she should have in the mind that believes his $$ CAN be lost to a certain extend......
he will be ready to cut losses, jump boat or call up reserves to plus the holes.....one cannot have the thought of maximizing returns thru saving on these insignificant %...

Concentrating on Maximizing returns on this 'insignificants" would not be beneficial to his journey of investing....maybe he/she will be more suitable to the FD/saving a/c  threads where going hunting the 0.x% pa is very enjoying.

It is not 0.x %. Compared eGIA with the lower of Libra asnita  that's easily more than 1%.

Depending the size of the reserve fund lar. 😉

Good sirs,

Please allow me to put in some perspective:

While you are arguing eGIA-i vs Asnita Bond vs CMF for parking in terms of how best each will give you ROI, you people are being petty, that is, no matter which one you choose, the difference will not be a lot.

e-GIAi = 4% p.a

Asnita Bond = 6% p.a.

CMF =  3.5% p.a.

Unless you are talking about parking a million or two ringgit, the end result is insignificant for couple of months placement. The difference cannot even pay for one cup of Starbucks Americano Vente. This is what we called penny wise, pound foolish.

While you are arguing about this insignificant thing, India oh my lovely India      went up 3% in a week.

In one week how much is e-GIAi ROI? 4/52 = 0.077%. 

In one week how much is CMF ROI? 3.5/52 = 0.067%. 

In one week how much is Asnita Bond ROI? 6/52 = 0.115%. 

My point is these instruments are there for a purpose other than for generating ROI.

Xuzen

Good sirs,

Please allow me to put in some perspective:

While you are arguing eGIA-i vs Asnita Bond vs CMF for parking in terms of how best each will give you ROI, you people are being petty, that is, no matter which one you choose, the difference will not be a lot.

e-GIAi = 4% p.a

Asnita Bond = 6% p.a.

CMF =  3.5% p.a.

Unless you are talking about parking a million or two ringgit, the end result is insignificant for couple of months placement. The difference cannot even pay for one cup of Starbucks Americano Vente. This is what we called penny wise, pound foolish.

While you are arguing about this insignificant thing, India oh my lovely India      went up 3% in a week.

In one week how much is e-GIAi ROI? 4/52 = 0.077%. 

In one week how much is CMF ROI? 3.5/52 = 0.067%. 

In one week how much is Asnita Bond ROI? 6/52 = 0.115%. 

My point is these instruments are there for a purpose other than for generating ROI.

Xuzen

Some may feel offended by this, but I'm just speaking the truth.

Ram oh Ram, u ni still a student, plenty of spare time.

Many of us here are busy businessmen and professionals, we could be busy from 9AM til 2:55PM then baru ada masa log in internet read business news or check our UT portfolio then decided to top up...

Wanna log in Maybank2U, uplift itu apa eGIA, then log in FSM and then use FPX to pay? To a busy people, even 1 minute can do a lot of things.

I conclude my "insult" of the day.

Chill chill 

Slowly accumulating wealth and slowly shift the priority 

Chill chill 

Slowly accumulating wealth and slowly shift the priority 

Give youngsters and beginners who have limited wealth some time to learn and grow ma 

Which is why their priority is to grow wealth, not engaging in petty stuff. Wrong priority! 

I hope the seniors realize that we are still very young in terms of investing and anything new to us is like a big wealth of knowledge.

heck I don't even know there was a eGIA-i account and the difference with that and CMF and through that conversation I learnt about instant liquidity and it made me reflect how I do not have a real emergency fund and in case my clinic closes down I really have nothing to cover my housing loan when everything i have is secured in funds and deposits.

also we are currently discussing and it is up to us individuals to read up and do proper research based on the wealth of knowledge that you have given us. acting up on it is another things.

so calling us petty is very hurtful to those who want to learn. compared to other thread who have Peking ducks at least give us the benefit of the doubt that we are asking questions.

my two cents.

And the reality is small % differences are those can work out to have high certainty. And big % differences are almost impossible to know with certainty. India might have gone up 3% in a week, do we know it for sure ?

Give some time ma

Yes, there is investment amount for wealth accumulation

but there are also some money left that are for liquidity and waiting for opportunity aka wealth preservation

We try to find a balance to maximize the return for this standing fund while learning and finding other investment opportunity

Of course when we earn more from income or investment and have enough to dispose them to investment, the petty method will slowly become insignificant and we start to increase risk appetite maximizing the investment portion of the portfolio


Give time to learn ma, sorry sifu

Some may feel offended by this, but I'm just speaking the truth.

Ram oh Ram, u ni still a student, plenty of spare time.

Many of us here are busy businessmen and professionals, we could be busy from 9AM til 2:55PM then baru ada masa log in internet read business news or check our UT portfolio then decided to top up...

Wanna log in Maybank2U, uplift itu apa eGIA, then log in FSM and then use FPX to pay? To a busy people, even 1 minute can do a lot of things.

I conclude my "insult" of the day.

the 2 comments above show a very positive attitude towards money(investment)

everything starts from small, no one can become BIG suddenly, out from no where.

Trouble is many only start to look when that amount is big (to them), when small they ignore, dont bother,
they look down on it.

That's why we hear people  say, "aiya why bother that small amount, that is not even enough for my one go at the pub... etc..."

Truth is if you have such a habit of not knowing how to "value" your money ( starting at small amount),
you are likely to continue your habit the same when you grow bigger. Next time you become a miilionaire, you would say, aiya what is RM5000, nothing lah, 0.5% only ma......the same.

To me, every little extra in % counts, even just 0.5% more. When your amount is RM10,000 that RM50 may not seem big. But it is not the amount, it is the way you look at it that matters.

SO yes, i support you 2 guys!

Four sentence.
(i) Index
(ii) US market
(iii) Morning
(iii) Lunch time

World market depend on US market. See US index first thing in the morning la. Then decide course of action.

Still not convince? Lunch time takkan cannot check and buy? 1-2 hours makan not enough meh? More than enough. Takkan cannot use lunch time to do meh? During lunch time got time to update FB, instagram, no time to check/uplift meh? Malaysian love to post pic of food.

Again still not convince?  Let's take the india incident. Buying first thing in the morning the next day after news is out still in time for the "discount". Enough time to read news at night, and buy next morning.

Saying no time is just excuse and easy way out. When there's a will there's a way.

Why am I having this feeling that all of a sudden some "newbies" appear out of nowhere and they all talk on the same wavelength?