My view is this, ASX FP are actually VP but with some hidden hands in there, they are manipulated for the outside world as FP.

So, as long as it is FP, I will put $ in there and stay put. Once the FP is gone, my money in there will be gone too, hopefully a few weeks/months before the FP-VP change. Ha.

Yes, more in FP than FD now.

Well it's almost end of the month.
While majority would go next week, some smart one started this week
With pending of opr cut expected, the units available will become even smaller & most time zero

I have zero FD now. ASX:EPF:stocks:eGIA:UT is 380:120:20:5:1. When I retire n fulltime in managing my money, hopefully can rebalance to 200:100:0:5:200. A big portion will be moved to UT.

At Affin, no need Q number. Just 'park' yourself there for 1 hour and the kind staff will try whenever he's free. I can sit there, read newspaper and wait for him to signal me. It's better than going home and re try 2-3x/day. He'll try to 'sapu' whatever was available until I run out of $$.


At this moment that TOTAL of extra 2% from 3 passbooks are enough to support my whole year expanses without touching my other savings and investment. Luckily, there is no need to withdraw any of them for many years to come.

This post has been edited by twinkle5129: Oct 19 2016, 01:56 PM

I don't look at it as 1M lose 20k. It is the risk that each portfolio carries that is important. Just like some UT has gain >10%, we cannot say if I have all in that one, I will have gained 10-6=4% more than in FP ?

I am now trying to see if can get retail bonds of at least 5.5% or >6% yield.

Stumbled upon this post.

Out of curiosity, why not increase the stocks portion when you can manage your money full time? Returns can be better than UT. Ppl go into UT because it requires less monitoring.

Also, with that revised ratio, which class of asset would you be drawing your daily expenses from?

Ya, yesterday in Affin, initially first try, cannot get anything. Then the counter staff asked me to take a seat. About 20 minutes later, he called me and got the units.

Other times, the staff would keep trying, when there is no customer around. He himself said, no customer, so can keep trying for u.

Just stay put with me to see more sun rise over there.

Best place to try your luck.

Kind of weird that the 3 original agent (not counting post office) - RHB, Maybank, Cimb are less user friendly to topup compare to affin bank which was just appointed agent only recently.

By the way, I have not exhausted the dough yet. So learned from sifu here to put the dough in MBB GIA-i, terminate on the day it is needed, and go to the bank. So still have small amt left and will be trying on some days of the week.

Then early next mth, will allocate small portion from matured FD to top up to my target size in FP. After that , if I do change my target size, then will top up, if not, let it hibernate as the saying goes !!

This post has been edited by bbgoat: Oct 19 2016, 02:10 PM

Wow, 2% of RM1mil = RM1667 per month. Surely ur monthly expenses easily more than double.

Wow, how you manage to top up so much is 3 months?

Camp everyday at affin Bank. One day easily 5 figure can masuk. Old story.

Stocks are too much hassle, esp rights, prefer to leave it to d fundmanager. Even though fulltime I want to be able to go for long holidays aka less monitoring. Daily expenses credit card > from ASx (early of d month) and other days from eGIA.

From 526 to 505, 21 missing ?

True also la, stocks can be quite time consuming especially for day traders. I was more thinking of rebalancing strategy and hence I ask like that. Maybe can replenish the spent ASx when you take profit from UT

I find your allocation quite different from how people here seems to think. From what I gather from the limited time I spent on this thread the others seem to think ASx FP is of no/low risk compared to UT which is of higher risk.

Upon retirement one usually want more stable returns and limited downside risk so that they don't end up with insufficient retirement funds. So generally the personal finance advice is for retirees to move their UT or stocks portfolio into fixed income to avoid excessive downside risk

Of course different story if you have lots of dough and the UT is meant as inheritance to the kids and therefore can take a long term view.

Hope you don't find this unsolicited advice too offensive. Just sharing my observation.

I dun understand those numbers
Can u enlighten?

Those are just ratios.

I tot ratios in aggregate shld b 100%?

Not offensive at all, all good advice are welcome TQ. After retirement, the returns from non-UT are enuf for living expenses.

Just want the figures to be whole number n not decimal. If it pleases u then just divide individual ratio with ~5.2.