FSM participants are mostly kiam siap kwee (cheapskate). The money we save can be used to buy booze,  yamcha, tok-kok & blow water. 

Xuzen

and don't forget for cheong sessions for some. lol

there's no set rule. some people really believe in FD they place whatever they have in FD in multiple certificates that mature at different months, others find the thrill of stock trading, others like us find it convenient to buy into fsm where as others love their cimb bank RM that they pay extra service for the special feeling

think about it this way,as long as are learning each day to be better than what you are yesterday and make every day count is the best investment that one can make.

Not sifu. But let me share with you my story. Used to be 100% promo FD, then move 30% into Amanah saham fixed price. Was planning to move 100%. Found out about FSM so decide to divert the remaining 70% into FSM. Got as far as 30% then realise RM is dropping like dead flies against all currency. Switch my remaining 40% into SGD for SGX. Will move out my FSM portion to Singapore UT. Additionally 10% from amanah saham each into SGX and Singapore UT.

Reason for moving
1) I am trying to make sure inflation don't eat into my money
2) Protect my RM from continuous and futrue decline.

No point earning 5-7% (dividends) in KLSE and see your RM depreciate. Better earn 5-7% (dividends) in SGX and have your value protected. Same with UT. No point earning 10% in MY when you can earned the same 10% in SG.

As you can see it's not fixed. Up to individual prefences and need.

100% in UTF.

0% in KLSE

0% in FD.

Many are confused with UTF, thinking that UTF is another asset class. To me UTF is a tool, a vault or a purse to hold my assets. UTF is not an asset class.

For example, if I want to hold cash or FD in normal everyday lingo, then I would participate in Money Market Fund.

For example, if I want to hold common stocks in KLSE, then I would participate in Kenanga Growth Fund.

For example, if I want to expose myself to US stock market, then I would participate in Manulife US Equity.

For example, if I want to collect rental from properties, then I would participate in AmReits.

Etc etc etc....

Xuzen

So from the responded postings......you will see the answers to your post is just individuals preference

Some here use CMF because they say is convenient. For me I choose eGIA-i.

My emergency cash is parked in eGIA-i. Reason for choosing eGIA-i over CMF
(i) higher return when compared to CMF at extra 0.2-0.3% difference
(ii) instant liquidity when compared to CMF. With CMF need to wait 2 days for the money to come back into your account.

10 lots tenaga = RM13580  

After on average 3 years , got the attached photo profit percentage.
Im thinking of taking advantage of weakening ringgit to cash out and gain profit. Shall I cash out on the foreign investment in my portfolios. Any of it I shall cash out from now?

Forget about me tavelling. That's my choice.

The topic is what are you guys going to do if they remove the sales charge and start charging platform fees. Keep in mind that's how FSM SG started. First 2% SC, then insurance, start cutting SC, then implementing platform fees for everything.

You do know that many companies in the world moves away from one time charge to anmual charge? (microsoft, Adobe)

Up to you guys. You guys prefer to give free money to FSM every year, be my guest. I will not pay them platform fees if I can help it. Platform fees might be negligible but it's still cost and cost adds up over time. Like a drop of water can fill a pail over night. Maybe FSM MY should do away with service charge and start implementing platform fees for all funds? That's a nice idea. Recurrent annual income. Don't need to do anything, sit back get money from your customers. Guaranteed cash flow annually.
FSM charge you 2% for equities. 0% for bond but they have platform fees of 0.04% per quarter which this few pages have been about.

Some say platform fees of 0.2% is negligible but up to you. For me, 0.2% is still profit over time.

We malaysians don't have access to low cost index fund. Only choose low cost index fund if available funds cannot beat the index. Otherwise, choose funds which can beat the index.

What index fund you are looking for? All ETFs are traded on exchange. Depending on what ETF are you looking at and in what currency, you can check them out via Google finance/Yahoo finance.

You can try Bloomberg if you want to see the index.
Eg. MSCI AC Asia Pacific Index

For ETFs, just google the ETF.
Eg iShares MSCI Pacific ex Japan ETF (this is the one is traded in the US which will cost 30% tax on withholding dividend)
Eg iShares MSCI Pacific ex-Japan UCITS ETF (this one is traded in the UK which with only 15% withholding tax)
xuzen, puchongite the savings is actually higher. I am being too humble  The savings is about x% (single digit) for each trip. And no I don't go down there just to avoid platform fees. There's totally wasting time and money If you have the choice between not paying platform fee and service charge vs paying for platform fees and not the service charge, why choose the latter.

Eg of beating the index


Eg of not beating the index


For Malaysia (Taken from Bursa Saham)

actually, my parents got to know this gov allocation that gives an incentive for youth..
that's why I got into it the first place..

my 20 birthday was in June 2015..
invested in Febuary..

Got to know that I must pass my birthday itself to be eligible and not the year when you turn 20..   
so i have 2k in prs   

When I earn some money from the real world, then I will use PRS to reduce my Tax 

YES! PRS

U are lucky Gov increased the allocation. I got only Rm500..

I am a student too! PAMA scholarship now..
What I did was buy from FSM,
1 PRS Fund for RM1000, can't RM 500 for 2 PRS fund..

After it got through, I chat with FSM online, they help me apply to my fundhouse..
Then happily wait for your Free 100% ROI investment.. 

Actually you need to apply all that from FSM 
There's good fund like Cimb Asia Pacific PRS which feeds directly into Ponzi 2

  yeah.. that's what I did..

Amasia reits hasn't updated the price yet. Maybe it drops more. 

https://www.fundsupermart.com.my/main/resea...uary-2017--7959

here you go

Define outperform.

If you want a slightly riskier but much higher return, united asian high yield bond fund

You may also consider reits as an alternative to bonds, such as selina fund and manulife reit

2008 nothing much. You should be more aware about increase in interest rate as shwon in the Nov sell off