SG 0% SC, 0% platform fees   

One trip down = min SGD60 save vs TTing using banks even after count transport

It's all about principles. I refused to pay for platform fees/annual fees. You want to pay you pay. Why should one pay if someone kasi you for free? You so much money? Better I pay the platform fees to charity then FSM. Free no good paid also no good?

One trip down = SGD 60.00 x 2 (to and fro) = SGD 120 x 3.35 = MYR 402.00. Not counting makan and minum. But for you special wan, you will buy Gardenia Sambal Bun x 2 plus one bot mineral water = MYR 5.00 for the whole trip wan!

BTW you put in MYR 100K in bond meh? You kena MYR 400.00 per annum meh?

Xuzen

One trip down = SGD 60.00 x 2 (to and fro) = SGD 120 x 3.35 = MYR 402.00. Not counting makan and minum. But for you special wan, you will buy Gardenia Sambal Bun x 2 plus one bot mineral water = MYR 5.00 for the whole trip wan!

BTW you put in MYR 100K in bond meh? You kena MYR 400.00 per annum meh?

Xuzen

after you quitely transferred...still will kena the platform fees wor

if no fees at all, why not just keep in CIMB?

One more thing one may not be aware is, as your fortune grow, you need to start thinking about distribution as well. You actually need to think if you demise suddenly, you will want your next-of-kin to be able to obtain your estate as fast as possible.

If you put your money here and there, is like, sorok here, sorok there, how will they know where to find your money? It is as good as becoming government's money. Why? Cause there is an Unclaimed Money Act (UMA) where is the account remains dormant and the beneficiaries remain untraceable, the money goes to our Jabatan Akauntan Negara.

If you consolidate your wealth in an easy to find manner, you save them a ton of trouble and hassle. Once I attended a Rockwill presentation and the speaker said those Malaysians think very action want to buy property in London lar, in Australia lar....

Wait till you die and your next of kin need to claim your property that time... then you baru tau the hassle. Think very funny hor, buy here, buy there....

Xuzen

on top of it time is money. I rather be seeing patients during Saturday and Sunday and make money rather than to exchange currency, fly to Singapore. negotiate with banks to open up an account. bank in every once a while. don't think my health is worth the effort for a few percentage of returns

I have a feeling he is all talk no action. Yes, in theory go down to SG open account bla bla bla... once in a while to visit Garden by the Bay or go to Sands for some happy times OK lar.

But to do that as routine? To save SGD 60.00?

He sees the "*50 cts coin as big as bullock cart wheel*".

*Same meaning as penny wise, pounds foolish in local lingo*

True.. my family know all my passwords lol.  Anything happen they can just transfer out

True.. my family know all my passwords lol.  Anything happen they can just transfer out

One day they may transfer your money out while you are stlll alive...it is a risk you will have to live with.

that reminds me. I need to start looking at will writing and set a beneficiary for my epf which I always forget to do. now I'm also planning to leave as little debts as I can if I were to die suddenly in a car crash and leave enough money for my dad to live by

I have a feeling he is all talk no action. Yes, in theory go down to SG open account bla bla bla... once in a while to visit Garden by the Bay or go to Sands for some happy times OK lar.

But to do that as routine? To save SGD 60.00?

He sees the "*50 cts coin as big as bullock cart wheel*".

*Same meaning as penny wise, pounds foolish in local lingo*

Me too! If I recall correctly, there was a 0% s/c promo at EUT last year. Anyway, won't this month should be an opportune time to buy this fund as it historically distributes in mid-March?
Distribution or not...does not matter in UTs


I don't know how to provide a link as the relevant page is behind a login. However the screen capture shows the relevant fund with the 0% s/c in red circles.
Stated in the FFS....0% SC

xuzen we will see won't we  
Keep in mind some people said malaysia going to introduce death tax aka inheritance tax after GE. Not sure true or not. Don't know how to overcome this. One shot like US tax 40% of the total value... 

I don't know how to provide a link as the relevant page is behind a login. However the screen capture shows the relevant fund with the 0% s/c in red circles.
Stated in the FFS....0% SC

Same in FSM then. Those are something unique to the two funds.

maybe due to got holding period specifications?

That's right. Thought it was discussed before. But after a while we forget, and go to to rediscover again. LOL.

How much charges to let FSM managed UT services?