Sure people marah me

Amanah saham
- Now you can do online topup. No need to waste time at banks. Save petrol save money. Even when you are taking a dump in the toilet, can try luck. Just follow the amanah saham forum, people will alert you when lots of units available. Besides, once a year, you can hentam one shot 5 figure (eg 10k one shot) chances of getting ~80% (due to dividend day - the day after amanah saham resume for transaction where they have give out dividends. Lots of people sell. Highest chance to open open account/topup will be on that day)
- Even if don't have, one can dump into AHSBF/Ester bond.

FSM MY
- Transfer everything into Phillip SG. Keep to buy fund using EPF

Phillip SG
- Better funds available vs what we have in Malaysia (which means higher returns. Equities only. Our bond fund still beat them - AHSBF/Ester bond)
- Currency protection over long term (a 10% earn in malaysia vs 10% earn in SG is different you know, when you withdraw, it's still in RM or SGD (depending on where you buy))
- 0% service charge, 0% platform fees (which means more money for yourself, a dollar earn, is another dollar available for investment)

Why not Phillip MY?
- Same fund more or less as what FSM MY offer
- 2% service charge
- Phillip MY only good to buy AHSBF/Ester bond to sidestep FSM MY platform fees
- Your money still in RM < This is the most important factor when you are investing for long term

Hope it's clear.

This post has been edited by Ramjade: Aug 11 2017, 10:15 AM

considered settle? KGF naik pls??

1MDB pays IPIC US$350 million ahead of Aug 12 deadline
http://www.themalaysianinsight.com/s/10386/

www.tunggulamalama.com

World Market is dipping, you expect KLCI to up?

all port red today wow wow

ASW2020, ASM, AS1M - buy from MyASNb FOC. If buy using maybank, you will get charge RM1.06 regardless successful or not.

Phillip SG
- Totally zero service charge, zero platform fees, zero switching fees for all fund (equities and bond funds)
- Yes service charge is the initial service charge which used to be at 0.75% before Phillip SG make it zero percent.
- Wrong. FSM MY charges 0.05% per quarter for bond funds (which will increase overtime as the value of your bond fund grows). 1.75% for service charge?
- How they do that? (this is from what I know not their trade secret)
> They are one of SG biggest broker (one stop center for everything (forex, stocks, CFD, etc))
> All their seminar are not free. You pay say SGD10/seminar
> All fund house will pay the provider (fund seller) something call trailer fees for selling their fund (taken out from yearly management fees so you don't need to pay extra). So people who are charging platform fees/service charge are earning additional money from their customers apart from the trailer fees
> There' are lots of competition in SG (you have 3 providers Dollardex (also zero everything but must have SG address to open account), FSM SG, Phillip SG. and banks which charges range from 0.75%-3%)). FSM SG started with zero service charge to get itself ahead of it's competitor (Dollardex and Phillip SG) and charges platform fees instead. However both Dollardex and Phillip SG didn't go down FSM SG route and choose to compete with FSM SG in terms of zero everything without the platform fees. From what I heard, this cause FSM SG to lose quite a lot of customers to them (Singaporean can switch provider by just filling up the form and transfer everything over unlike us where we have to sell everything first then rebuy)

Phillip MY
- FSM MY platform fees
https://www.fundsupermart.com.my/main/faq/1...atform-Fee-8467
- Every now and then Phillip MY have promo where you buy/topup min RM5k for bond funds, you won't be charged the 1% service charge (Phillip MY charges 1% service charge for bond funds and 0% platform fees while FSM MY charges 0% service charge and 0.05% platform fees per quarter for bond funds)
- If you buy bond funds without promo/<RM5k during promo, you pay them 1% service charge. That's all. Nothing else.

Thanks Mr Kim But still too low for me to topup

This post has been edited by Ramjade: Aug 11 2017, 11:39 AM

its either 1mdb or North Korea....

The Trump guy got a big mouth la..... talk so much.... but no substance.... like to cause unnecessary trouble ...... like my boss......

no boss in this world is good la ahaha.

even they did good, employee will still find bones in eggs

Aiya it's one of those , talk so much , investors get scared , ports get red, 1 week later nothing happen and then turn green again.

i also hope so.

it is lah. steady yourself man. this is nothing. US has more to lose if they go on a war.

Ignore the white noise, stay focus.

It will la. Haha. So many times ad.

And nowadays a war isn't that easy triggered.

Tok tok tok only.

+1. don't just sit there waiting for the heaven and earth to drop as it will never happen and don't let those who spread white noise to affect your investment. You buy in already into the fund just hold it and work hard to earn money. leave the rest to the fund manager.

Don't know much about Phillip MY. From what I can see, FSM MY have nicer and friendlier look. More info on Phillip MY
https://forum.lowyat.net/topic/4268975/all

That's promo. Without promo , FSM MY service charge is 1.75%. Why don't just buy 0% service charge fund? Simple. 0% service charge fund is bond funds which won't outperform equities fund. From the day you buy, the platform fees already start running so it's "not exactly free".
Don't look at promo to buy funds. Looks at market discount to buy. Discounted service charge promo is just an added bonus.

Eg.
1.75% service charge, market at all time high I won't buy
1.75% service charge, say 5% market discount, better I buy now then vs situation 1
0.8% promo service charge 5% market discount, of course buy la.

Market discount means when price of general market drop. You see on TV this few days (during business section), show all index are either red/ (-), those are market discounts.

Are we having market discount now, yes we are but only in the range of 1-2%.

Anyone going for the Interpac Q&A event?

Please go and ask why they aren't going up any further ?

If can still go up, when ?

Already up 5X.XX% in YTD, apa lagi lu mau?

Be realistic!

Xuzen

There is only one reason why an investor want to put his money in a fund, is to see it go up.

If it is spent, cannot go up any further ( and worse, is coming down ), then apa guna lagi ? Pull out the money and go somewhere else !

If you mean that you rather not invest in funds just because they are denominated in RM, the idea is incorrect.

For a company, it does not matter what currency the stock is denominated in; what matters is where the revenue of the company is generated. If facebook is listed in KLSE, do you think its long term prospects are poor because of long term depreciation of RM? What about a malaysian company that lists in Singapore's stock exchange?

Same thing with funds. If a fund has units in both SGD and MYR, returns of both are the same, since the underlying investments are the same. It would be different if the MYR fund is a feeder fund, in which case there might be extra management fees, and if the MYR fund is hedged to the ringgit.