my agar agar think most probably the constraint of higher initial and subsequent top up requirements

yes i do consider it and i am putting 10k into my 1st 3 choices

btw my account in Opustouch ready

👍
Nomura n KAF all is good, just wish i oso got that much $$$$

buy through e-unit trust lo, no platform fee, but e-unit trust user interface a bit lousy for me la, I don't mind pay FSM the 0.2% annual platform fee for the effort they made to give us all these fund information, tools and nice user interface la

hope I don't get some netizen which is opposite view to challenge me again

There's font setting at menu section have u tried it?

u need to read more book on how small fee 0.2% will affect ur income long term

apa itu wholesale bond fund?
example of fund name pls
uncle still newbie

by saying that I am implying that i don't really mind how the 0.2% affect my long term

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:50 PM

yar loh....

every RM100 000 will have an additional of RM200 charged per year....that is RM 16.70 pm (for a RM100k)
if invested for 40 yrs .... RM 8000 less income (40 yrs period)

so are books also mentioning,...do NOT invest in UT,...those 'hidden" unseen charges like trustee fees, annual mgmt fees, tax paid by FH to govmn prior to dividends can be easily already more than 1.x% already
if you are invested in any of these,...do note "how small fee 0.2% will affect ur income long term"

well, that is why alot of people suggested to go for a grounded property instead of a condo unit too
condo may has RM300 pm maintenance charges .....
does that stop people buying condo or does they seemed to cared compared to the "enjoyment" then has from owning one?

i hope you did not invest in any of those "higher fees" paying active mgmt investment options.....

This post has been edited by yklooi: Jul 20 2020, 03:03 PM

just saw this....

we used to hear this frequently.......When the U.S. sneezes, the world catches a cold.

now

When the U.S. sneezes, the world catches a cold.
What happens when it has severe COVID-19?



http://english.astroawani.com/world-news/w...covid-19-251975

Just wait and see.

i know wholesale fund is only made available to sophisticated investors with a minimum net worth requirement and these fund normally comes with higher initial amount of investment required, e.g. RM10k and above

Just to share i have reached out to fsm before and was told that those who do not meet the minimum requirement as "sophisticated investor" can actually still purchase a wholesale fund so long you know what you are investing in

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:50 PM

u need to understand the concept of future value of money
1.today u saved rm200pm is not same value with 2030 rm200
2.rm200 can be compounded with x% yrly and down the round its like 40 yr is not rm8000

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:50 PM

you need to understand the example....
the RM 100 000 for 40 yrs is meant you had taken out whatever "gains" you had yearly and yet only maintain the same value of RM100 000, thus RM200 pa will be charged

if you want to take into the 'compounded effect of this RM200 with x% yrly and down the round its like 40 yr is not rm8000', then do a compounded effect calculation of the cumulative total yearly gain it gives too....

also do calculates as per GrumpyNooby's post "How much the same RM 200 worth in 2030?"

no matter what the value it is.....YES, you are RIGHT for even a "small fee 0.2% will affect ur income long term"

thus as per my earlier post....."i hope you did not invest in any of those "higher fees" paying active mgmt investment options....." if you really mind about the fees involved

even ETF has some % of fees involved......this small fees will effect your income in the long run too ....thus what you mentioned is RIGHT, for fees will effect your income in the long run (no matter how small it is)

this is just price less .....

This post has been edited by yklooi: Jul 20 2020, 07:47 PM

Just wondering how much u guys put in ratio UT vs FD(emergency fund)

I dont know if i am doing it right.
My bank will always have 1 year emergency funds. Then the rest in UT(FSM) and stocks.

Say salary 10% into FD, 80% UT, the rest 10% is stocks(for fun.

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:50 PM

Just want to compare different saving habit mah. I might cuy down my emergency fund and leave 6 months and dump into UT. Lol