That is the million dollar question.

I was trying to find out what happened to Greece's EPF equivalent, did the account holders manage to get their capital? No answer yet. That will give me some idea of this govt monetary game they play. Trustee or not, that will not keep ASX 100% fail safe.

My take is, if the govt is really in that situation, then many other financial institutions will be in similar situation, most will be in even worst situation as the govt can do this and that with their magic hands to stay afloat.

Don't just put money in there (or any other places blindly). For ASX, keep yourself up to date on what is happening with ASX. Eg are they going to change from FP to VP? Sign of trouble ahead. I will get out within 1-2 days if the news is confirmed.

Keep your eyes and ears open for other secure investments with good returns. Do lots of study. Then park some $$$ there.

I know a friend who has invested some $ with 20% return every month! AND HE HAS BEEN DOING THAT FOR OVER A YEAR NOW! Too good to be true and I prefer to stay away from that.

All the best.

Yes. It makes sense a lot. A trustee is of no use as what the gov can do like 1mdb. By the way u said changed from fp to vp , what does that mean?

I notice early birds easily get. I mean when the agent banks open for business.

Which means changing from RM1/unit to normal UT (variable price). ASNB have bad record with variable price fund.

I see. Yeah. that will see our holdings reduce tremendously if the fund perform badly right?

Precisely. That's why must moniter.

Is it much convenient to have may bank saving acc? Assume I am convenient to drop by may bank each time for top up/ buy new units? Would it be easier they Striaght deduct from there ? Coz I dislike hassle fill up many forms 😂

Is it much convenient to have may bank saving acc? Assume I am convenient to drop by may bank each time for top up/ buy new units? Would it be easier they Striaght deduct from there ? Coz I dislike hassle fill up many forms 😂

Don't just put money in there (or any other places blindly). For ASX, keep yourself up to date on what is happening with ASX. Eg are they going to change from FP to VP? Sign of trouble ahead. I will get out within 1-2 days if the news is confirmed.

Keep your eyes and ears open for other secure investments with good returns. Do lots of study. Then park some $$$ there.

I know a friend who has invested some $ with 20% return every month! AND HE HAS BEEN DOING THAT FOR OVER A YEAR NOW! Too good to be true and I prefer to stay away from that.

All the best.

some said asx is risk free.

some said certain ut good returns. wait till bad times. a matter of risk return relationship. how smart you take advantage when return is good, before it becomes BAD.

I bought some UTs in the 1990's as I was a novice in investment (and still am). Share then was too difficult/risky for me beside IPO. Made some easy money with IPO then, Even my mother and little sister have made some money in IPO then.

Now I will stay away from UT with a 999 km pole as most of them are there to make money for the companies. Yes, there are some UTs which have produced good/fantastic returns. What I hate most on UT is the yearly charge REGARDLESS of whether their UT is making money or not!

Lots of books I read also raise issues like this and recommend to stay clear from UT. I have to admit, I still have PM UT for my PRS. Got that mainly for the tax benefits.

Learnt of a new vehicle ETF which is a bit like to UT but without most of the charges. There is a forum here on ETF. Surveys show that most UT performed lower than index funds. Why pay these UT managers while their share selections are not really that good? ETF centers on index funds with the added diversification automatically built into them.

Study on ETF and then decide.

All the best.

I bought some UTs in the 1990's as I was a novice in investment (and still am). Share then was too difficult/risky for me beside IPO. Made some easy money with IPO then, Even my mother and little sister have made some money in IPO then.

Now I will stay away from UT with a 999 km pole as most of them are there to make money for the companies. Yes, there are some UTs which have produced good/fantastic returns. What I hate most on UT is the yearly charge REGARDLESS of whether their UT is making money or not!

Lots of books I read also raise issues like this and recommend to stay clear from UT. I have to admit, I still have PM UT for my PRS. Got that mainly for the tax benefits.

Learnt of a new vehicle ETF which is a bit like to UT but without most of the charges. There is a forum here on ETF. Surveys show that most UT performed lower than index funds. Why pay these UT managers while their share selections are not really that good? ETF centers on index funds with the added diversification automatically built into them.

Study on ETF and then decide.

All the best.

I bought some UTs in the 1990's as I was a novice in investment (and still am). Share then was too difficult/risky for me beside IPO. Made some easy money with IPO then, Even my mother and little sister have made some money in IPO then.

Now I will stay away from UT with a 999 km pole as most of them are there to make money for the companies. Yes, there are some UTs which have produced good/fantastic returns. What I hate most on UT is the yearly charge REGARDLESS of whether their UT is making money or not!

Lots of books I read also raise issues like this and recommend to stay clear from UT. I have to admit, I still have PM UT for my PRS. Got that mainly for the tax benefits.

Learnt of a new vehicle ETF which is a bit like to UT but without most of the charges. There is a forum here on ETF. Surveys show that most UT performed lower than index funds. Why pay these UT managers while their share selections are not really that good? ETF centers on index funds with the added diversification automatically built into them.

Study on ETF and then decide.

All the best.

Anybody hunting units tomorrow?