Hi man, I also invested in UT after my FD matured. It is the next step up!

Having said that, UT have some inherent risk. If the market crashes, the value of your holdings may see a drastic reduction, unlike FD.

I recommend you to set aside an amount that you DO NOT need, and can afford to lose a bit in the short term (in the worst case scenario).

As such, I suggest, invest RM30k or something like that for a start. Do your research.

What is your risk appetite?
What assets do you want to invest in (equity, bonds, money market, or balanced/mixed)?
What regions (Malaysia, ASEAN, Asia/APAC ex Japan, Global, Japan, Europe, US)?
What sectors (REIT, technology, construction, plantation, metals)?

If that RM30k can be safely set aside without harming your well being, I suggest go for a high risk profile. Take all types of equities, maybe a little bit of bond or mixed allocation funds. The reason is a high risk profile is what will bring you the highest annualized returns over a long period of time (say, like 5 or 10 years). However, in the short term it could cause drastic losses depending on the market situation.

So set aside some money for Round 1. Do your research. Buy the funds. Then keep track of them. Ask yourself...why is this fund doing so well? Why is this fund bad? When you ask those questions, you do more research and get to know markets better.

Then in 3 months or 6 months time, you can put in another RM30k. Then again as you get more comfortable.

Whatever it is, DIVERSIFY your unit trust funds. Even if you wish to focus largely on equities, at least diversify the regions.

This post has been edited by contestchris: Jan 3 2017, 10:45 PM

what is your rational for that?

Eh I also don't think it's logical for a newbie to invest RM160k straight into UTs. Invest a partial amount, gain some experience, then invest the rest once you are more comfortable.

Or is that a wrong idea?

so far you got any private messages from anyone? with a statement like that it will surely attract a lot of attention.

also I would suggest you place 150k into money market first and get your silver where you get a permanent discount for your investment in any EQ fund

from there build up your portfolio as you see fit

EDIT.

I do not agree with placing funds in FD as their rates are currently abysmal and there's rumors that BNM may increase the rate soon.

This post has been edited by Avangelice: Jan 3 2017, 10:59 PM

Agreed with Contestchris's answer.

Well you are fully aware that although your portfolio is diversified, you still have a chance of achieving a negative return ?

sound good...but for a starter in UTs.......abit complicated and serious work-leh......especially the part about "Ask yourself....."

nothing wrong,....just that this RM160K maybe just "kacang" to him......and he mentioned he wanted to make 7~8% return of this RM160k (abt RM11k)...if DCA can make that amount ?

This post has been edited by MUM: Jan 3 2017, 10:57 PM

yes, for short term there is a possiblilty...but as forummer wodenus had pointed out earlier...in the long run.....funds make money....

Strongly agree with wodenus, but the guy that posted here said he wants it within 2 months or something like that right ?

not within 2 months....it is "at least >2 months at a time".

My bet, didn't read that well.

nothing wrong, no which is right or wrong,...it depends on individuals preferences and abit of the "luck" at that time of buying in.....

anyway, if interested can read some of this articles that I GOOGLED and found on
lump sum investing versus dollar averaging....
https://www.google.com/#q=lump+sum+investin...ollar+averaging

"The most important advice I would give to anyone who hasn't started (be it man or woman) and is being held back is to starting investing now, but use a small amount. Something you are comfortable with even if you suffer losses. It can be as little as one thousand dollars because that is usually all you need to start investing into a unit trust.
Then, as you invest, you will see how markets and such affect your returns and you will be able to learn from your experiences without suffering too much heartache compared to if you placed your entire life savings into the market and lose half of it in a market crash.
The key thing is you have to accumulate investing experience. No amount of prior reading up and accumulating of knowledge can compare with actual investing experience which can only be built up by using your own money to invest.
You have to experience the emotional pull that comes from market ups and downs and learn how to handle your emotions during those times. And learning from mistakes made is the greatest teacher."

I just liked this article so much......
https://secure.fundsupermart.com/main/resea...SJBlog_20141031

Good point on placing in cash management fund instead of partially in FD to max out the tier discount

Ok, I don't know what is the right way, but this is how I did it second time around after I learn from mistakes from the first time

1. Decide on your portfolio - lots of links provided by others and FSM articles are great place to start
2. Stick to max 6-7 funds - This is the toughest for me; always itchy hand want to try out flavor of the month
3. Open your account with FSM; make full use of the 30 days new account benefit
4. I agree with some other comments - dont put in everything lumpsum - set up RSP for all the funds you intended within the first 30 days of acct opening and you get 1% sales charge for the first 6 months. RSP tends to even out your cost, won't be entering at the lowest, but won't be the highest as well. Besides, would suit your schedule, don't need to look at when to buy, just let the RSP run on its own
5. Rebalance after a year or so

All the best and ask away. Many are here to help

- deleted -

This post has been edited by wodenus: Jan 4 2017, 02:42 AM

Hey all, if I switch sell RHB funds to CMF will I incur the RM25 charge?

no, you cannot 'switch" to RHB CMF......there is NO CMF on the list for you to do intra switch

you just have to sell and when prompted for redemption method....select the CMF...
therefore there will be no switching fees

thesnakeif lumpsum invest 160k
can meet Fundsupermart client help for propsed a profolio alrdy.

Truely it is dangerous when u post such question in forum, sure a lot of agent will PM yoi personally or finding ur phone number now. haha

like me small fish, agent malas nak layan, better invest and self study.

You should read Fundsupermart everything to get stadt. their guide have a very good mapwork for u understand the whole games

why must max stick to 6-7 fund only?
I had near 20 funds now, it balanced my profolio, single fund drop wont cause much chabge for me, still averange I have positive profit. It earn slowed but it diversified.

we are talking about malaysia unit trusts where choices are very limited as compared to Singapore and Hong Kong.

any more than 7 to 9 funds (I have 9 funds) you will be investing in funds that over lap each other which beats the purpose of diversification.

example.

Rhb asian income fund
Ponzi 2.0
Affin hwang select bond fund.

all three I have and all three are within the same geography. so I lump all three as one within my portfolio. eg 50% goes into Asia ex Japan. within that 50% I divert to three funds