Hi. I'm new to UT and FSM. Just activated my account and saw there's a FSM managed portfolio based on my risk assessment. Since I'm still new and not sure which fund to buy, would you all think is it a good idea to buy portfolio managed by FSM? Minimum investment is Rm10k compared to individual fund which is RM1k
Thanks

opportunity to topup more for PRS, still havent reach rm3000 for this year.

I think I should finish your sentence.... 'cut loss and keep in FD instead"

I know UT is for long term. for my view is that. we have no idea how long this bear is going on and how deep it can go. let say if one top up last month, in which the first correction, by now he lost at least 5 or 6%? of his money include the SC.

now you say recover from 3 weeks to 120 weeks. if really that bad around 100 weeks to recover to an extend of 2%, thus it's +8%, one will earn more if he enter to FI. at least FI give 3 to 4 per year. 

in this 2 years the money you invest can do much more better in other investment instead to awaiting it to recover.

maybe you guys will say can't use stock strategy to invest UT which is very true, but if one move most from EQ to FI during high volatility period like now, he already earn alot in term of preventing the profit previously earn being wipe off partially.

well maybe it just me that every penny count.

Basically, I am not saying the PRS is "bad", as this other guy has misinterpreted.

What I am trying to point out is, since the government was trying to encourage youngsters to save elsewhere in addition to the EPF, why did they just hand them a portfolio of unit trusts for them to manage, which is a totally unsuitable medium for savings, moreover complex and risky, as you have also analyzed  ?

What they should have started was some kind of other provident or saving fund with a basic annual interest,  dividend or incentive, like that of the EPF.

As one PRS member here has also agree, he finds It
too risky and speculative, something he does not have
the skill and experience to manage, being far too easy to
make losses.

I was at the EPF branch at Shah Alam two weeks ago
talking to one of their advisors.

The EPF has their own Members' Investment Scheme,
unit trusts, an option for members to draw out their savings
to invest in.

The advisor said that even he does not go for this - preferring to self-contribute to the EPF, because unit
trusts are risky.

continue to topup prs cimb?

if you are referring to Ponzi 2.0 PRS....it just dropped 6% from previous high

thus don't start Getting your ammo ready now. Finally you can still afford to wait to put your rotting cash to work. wait till it drops another 10% than plan....for now is just about 8%

modified word form....

15% pot shots
30% grenade launchers
60% nukem

US markets closed higher than previous close - even with CH hitting back harder yesterday.. sigh..

that is why and how some people got more money than others for retirement
may not be,...I have seen from the past few weeks, some times it does not correlated...but most of the times it does.

This is NOT the 1st time this year
That's happened seven times so far this year -- three up, and four down, including 2 Apr Monday's 2.2% decline and 6 Apr Friday's 2.34%
http://money.cnn.com/2018/04/03/investing/...lity/index.html
yes,....but should not tell
"Better pull out.
Put ASW.
At least you get some dividend"

unless you know that person heart can't take it, .......especially in this UTs threads....

Why everybody thinking of cutting off lost, the foundation of world economy still ok, the trade war is still not confirmed yet, both China and US just voice out yet no real action taking on now.

If trade war happen it might only drag down the world growth, yet I believe the world economy will still on positive side this year

May be we should just hold our current ut investment as is it and see how this trade war goes, temporary now just save more bullets and put our extra cash in fd or asw

I presume is the fixed price amanah saham fund and I thought those fund is paying dividend once a year only.

So if the market were to rebound 3 months later, correct me if i'm wrong those amanah saham fund has no interest right? And if he want to invest in UT again, he has to pay the SC again. I don't see any gain here but definitely a realized loss rather than just paper loss.

Cheers.

I think he meant,...if after putting in ASW for 3 months, then mkts goes hot, take out from ASW then into UT again .....
does ASW gives out dividend for that 3 mths in prorate ?...6% pa by 1 quater yr = 6/4 = 1.5%?

can fsm my buy sg stock and vice versa?

so fsm sg can also buy malaysia stock? cool

so in the end, fsm my can buy malaysian stock only.
fsm sg can buy sg stock only.

very troublesome le like that, have to create both accs

for a fund its easy to down 10% rather then 20 % ... dont speak like previous 2008 - 1998//...since human will be smart to prevent .. like the apple cop already ready 400b for standby for any crisis happned... so dont be hope tragedy 1998,2008 will happend easy again ...
plus now the market being join in a giant again CHINA the second largest enconomic scoicty in the world behind the USA

if the chicken panic sell off .. we can buy i low nav     

I wish to add to this complete this quote, " ... and the best time to sell is when you need the money. "

Xuzen

at times i just don't know if i should    or 

in Feb the mkts nose dived due to fear of Fed yield up.

The Dow flip-flopped in a dramatic roller-coaster ride from plus 300 points to a closing loss of 166 points, as the 10-year yield rose to 2.95 percent, a fresh four-year high
https://www.cnbc.com/2018/02/21/rising-bond...tock-rally.html

now in Apr...U.S. BOND YIELDS: The yield on the 10-year Treasury note drew close to 3 percent on Monday, a milestone it has not reached since January 2014. It touched 2.98 percent ...

Asian shares advance as US bond yields push dollar higher

https://sg.finance.yahoo.com/news/asian-sha...-063306733.html

same situation (yield up) but 2 opposite reports of outcomes.....

in Feb,..some mentioned the yield goes up, cost of borrowing will be higher, businesses will be bad.....
in Apr,....those reason given in Feb is not there anymore?