Looks good. Not perfect, but you show a basic understand of good diversification and know "how to play" UTF.

Xuzen

Youth incentive... What is the age limit?

yeap from Kuching but I prefer to keep my /LYT handle anonymous. =)

I regret missing the kuching FSM event a few months back. Damn appointments are full and i couldnt apply leave in time.

there was one in april
https://www.fundsupermart.com.my/main/resea...?articleNo=2195

donno how come you guys manage to miss it was on a Saturday but my clinic is operating on Saturday. shit.

fsm if you reading this don't forget us east Malaysian peeps

just saw this...

EASTSPRING INVESTMENTS BOND PLUS FUND 
With effect 1 November 2016, we will cease accepting monies for subscription (including switching) for Eastspring Investment Bond Plus Fund.

Meantime, Redemption and/or switching out is allowed till 9 December 2016. Do note that RSP will also be terminated immediately.

total return

(1300x5)+(1700x15)+33190= myr 65190 for 20 years investment with a capital of 45k.

On average you make 7.2% P. A each year for 20years.

this is the best case scenario.

worst case is you don't get guaranteed return your return of investment is 6% PA for 20 years.
PS I don't have any financial back ground correct my calculation if it's wrong.

alot has been discussed on this, search this section

ie. https://forum.lowyat.net/topic/4049437

in one word, dont invest in insurance saving plan.

You can't attach Excel file. Try take a screenshot and attach it here.

I am going out in a while, so I don't have time to do work out the IRR for you now.
Anyway, a few tips:
- use IRR formula
- cash outflow is negative; cash inflow is positive; compute the net cash flow of each year
- first year premium is considered Year 0
- end of year 1 is beginning of year 2
- if Excel returns error, try change the guess value
There are several scenarios to consider:
1. include the non-guaranteed return
2. exclude the non-guaranteed return
3. If your wife really needs insurance coverage, then find out the premium of a term plan with similar coverage (let's say S); deduct this amount from the RM9000 of the proposed plan (i.e. 9000-S); use this amount as the cash outflow

You can't attach Excel file. Try take a screenshot and attach it here.

I am going out in a while, so I don't have time to do work out the IRR for you now.
Anyway, a few tips:
- use IRR formula
- cash outflow is negative; cash inflow is positive; compute the net cash flow of each year
- first year premium is considered Year 0
- end of year 1 is beginning of year 2
- if Excel returns error, try change the guess value
There are several scenarios to consider:
1. include the non-guaranteed return
2. exclude the non-guaranteed return
3. If your wife really needs insurance coverage, then find out the premium of a term plan with similar coverage (let's say S); deduct this amount from the RM9000 of the proposed plan (i.e. 9000-S); use this amount as the cash outflow

whats EuT?

still thinking of opening a wrap account with Philip mutual but don't know if my account works with FSM platform

Their platform is not user friendly it is a matter of fact. Non deniable.

But when under promotion, they will go absolutely rock bottom, zero service charge. Not like fsm, fsm will not go zero.

I dont mind the less user friendliness if i could get zero SC.

Huh? They have service charge.  But with more frequent 0% service charge promo compare to FSM if you buy one shot >rm5k

Platform fees - sounds like too complicated for eUT as the system is quite "arcade".

Anyway for eUT, bond funds is charged with 1% SC, so better go to fsm for bond funds. Special case certain bond funds are not available in fsm, so buy from eUT for these.

Yes

are you a client with Philips mutual. they have one office in kuching. I called fsm the other day, told them it is high time they open up their market to Sarawak. they told me it's happening next year.

after this I'll request they offer wrap account services to us.