Thanks! Would this kind of fund any better than if I invest purely in gold account such as from PB, CIMB, Maybank, etc....

Can please recommend which fund that invests in Gold and commodities?

Thanks! Would this kind of fund any better than if I invest purely in gold account such as from PB, CIMB, Maybank, etc....

The difference is that you could start a fund with RM100 instead of the usual 1k. Then, in a DCA regular investment, it is more 'average' and not too lopsided if the monthly amount is very small, say RM100.

This lopside skew to lower returns would happened if there is an immediate drop after you put in the initial 1000. Then the monthly RM100 fresh purchases will be hard to catch up and skew the returns to a higher effective rate of return.

You will be like, after 3-5 months, thinking: damp this fund no good as it is barely breaking even... if only if I had put it into FD...

And if it happens to be a sharp growth after you dump in the 1k, you would be like very pleased with yourself... thinking why so stingy when I should pump in more!



Your initial plan - 1k, followed by 150-200 every month, is good. Take one fund at a time. You don't have to immediately start off with several funds.

The time to consider to have another fund or a few more funds to 'diversify' the investment is when you have reach about half of your targeted sum of money you want to have.*

Anyway, always keep in mind the objective of the investment. Know what you want to do, make a plan, and stick to the plan.

Repeat: Know what you want to do, make a plan, and stick to the plan.

Don't be like don't know what to do next in the middle of your investment plan, and asking what to do: trim profit or switch to another fund... or whatever that freak you out and cause you to panic...

It is a given fact that equity fund can be volatile, and will be volatile and is expected to be volatile. So no reasons to make any changes to the plan once you started it.

Stick to the plan!

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* This about half of the targeted total amount of money to have is based on my own opinion. Not based on any stats or numbers or articles read. If you are more conservative and not willing to ride 100% on one fund, then 'diversify' earlier.

Try not to 'diversify' too early, especially when the amount of money invested is relatively small to whatever asset you have outside of UT fund.

Take the risk - and more risk - when you are still young and have the time to do so.

I agreed..im young.and.looking.into growth fund..willing.to.take the risk..thats why im still looking into 2 funds, affin hwang select asia ex jpn quantum.fund and TA global technology fund.. still undecided which to go..

hi sifus, i am very new to FSM, i want to know if there is any risk associated with buying funds via FSM? my intention was to buy PRS funds so that i can claim for income tax relief for year 2017 in year 2018. which fund would you recommend? thanks in advance.

I am not sifu but these are some I can think of my head.
(i) you panic you sell you incur a loss
(ii) you get <=FD rate which means you didn't beat inflation

Which fund? Normal UT or PRS?

im starting off with PRS first. any recommendation?

Only 3. Depend on what you want.

Cimb PRS asia pacific (feeds into ponzi 2)
Kenanga one PRS (feeds into kenanga growth fund)
Amasia PRS REITS (feeds into Amasia Pacific reits)

thanks man. i'll look into these funds. any idea why registering with FSM requires EPF account number?

If you guys really want profit skimming and injecting the said profits back to a fund you can start investing in dividend paying stocks and hold it for a long time, the dividends is then channeled from your bank account and into your unit trust portfolio.

That is what I am doing currently. Leaving my unit trust investment as a long term vehicle (as it should be) whist concentrating on my stock account.

True that. However what if one is doing DCA say RM200/month, wouldn't it be better to channel the RM200 to other less "expensive" funds rather than skimming the profit earlier and then incur SC again to DCA into the said fund? A bit redundant in my view. What would you or others do?
+1 Good idea. Personally I'm not at all informed about stocks and its technicalities as an investment vehicle. Not sure if I have the balls to jump on board. Anyways never too late to learn something new. OT a bit: any suggestions where to learn about stocks for beginners?

ask and you shall receive.

https://kclau.com/investment/how-to-trade-s...nvesting-basic/

You don't need balls you just need a lot of money and time. I think there's a stock thread, you can read there and see.. TLDR you have to do your due diligence - visit the company that you are planning to invest in, if they own hotels etc. visit it, stay there for a while to get a feel of how the run things. Read the annual reports, interim reports etc - be very aware that "creative accounting" can be used, so don't rely on that 100%.

And then technicals of course.. the trend and volume. Stuff like P/E and a whole lot of stats that I've already forgotten - price/sales ratio, EPS etc.

How many years have you practised as a doctor?  Do you often hunt extra income through locums?

You can guess from his age. I believe he owns a clinic so he's either locuming for himself or hiring locums. Anyway why does all these matter?

Where's the number?
Coz I am in the same line of work as him.  LoL.  Just curious how do people earn extra dough from doing this shit nowadays.

I agreed..im young.and.looking.into growth fund..willing.to.take the risk..thats why im still looking into 2 funds, affin hwang select asia ex jpn quantum.fund and TA global technology fund.. still undecided which to go..

i am not an expert in religion..but i think there is some way to atone for it?...perhaps zakat?

How many years have you practised as a doctor?  Do you often hunt extra income through locums?