Yalar what's that mean?

Yes, it's better you can presign the form and pass to your agent. It's faster and time saving.

When perform a switching, the price will reflect tht particular day prices or the following day?....let say switching is done b4 bank close 4pm

Before 4pm should reflect on the date of transaction. After 4pm, should be considered the next day.

For additional investment, the cut off time is 4pm, but switching is different.

If your agent help you to do swicthing, your agent must submit the switching form to PM before 2.30pm, after that, it ic consider next day price.

If customer/client submit the form themselves, the cut off time is 3.30pm

(this is wat my branch told me...)
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I oso dunno why agent cut-off time is so early for switching

This post has been edited by kingkong81: Oct 17 2007, 11:33 PM

Thx david and Kingkong

KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

Hi guys,

i am just a beginner here. i was wondering, do you guys let your unit trust gets compounded from the profit or do you take the profit out. when do you actualyl do switching? what are the factors that you take into account when you do switching?

thanks

Usually, I will switch to lock my profit when the market is slumping down.

But others may switch if the fund has reached its return objective.

It depends on what you're seeking for, bengang13.

Hmm..i guess i have been pretty docile. i just let it compound no matter what's the market condition......
btw, how many switching are allowed in PM? most of the time i just allow my agent to do the switching at her descretion

I think you can switch how many times as you wished but bear in my mind that some switching imposed switching fee. So, switch smartly ...

Hihi~ Newbie (and SUPER NOOB) here I'm a 22 year old student who suddenly felt a strong 'urge' to start investing on something..and chose to start off with Public Mutual Unit Trusts. Currently invested 1k in PCSF at around 0.278 price & 4k in PSEASF....thought of juz leaving em there for them to grow until I read all u guys' posts....SO PRO!!! Feel so inspired by all u guys' knowledge, esp dzi921, Jordy, David83, Darkmage12 , I_bryan, lwb, kingkong81, leekk8, etc.....Wow to think of all the time & energy spend on tracking & predicting the trend of the market ya guys must've spend lots of time on it everyday

Hope u guys will keep up the good work!!! So i can learn more stuff from ya guys!!!! and hopefully get sum tips along the way...haha~

(lol this unit trust thing is too interesting...keep distracting me from studying for coming (& very near) exam.... )

Hope you don't get confused with the pricing..
UT in Malaysia are based on Forward pricing, so whatever you buy today, you'll only know the price you bought into at the price published tomorrow..

I'm also a student, so no matter how much time I spend on investing, I will still have time to study..
Time management is important to succeed..

As Jordy said, try to manage your time. Being a student, we have more time to learn about investment, when you come out to work, you will be busier and no time to learn about investment. Im a bit regret that I didnt put much time on stock investment during my Uni time.

Well, during my uni time i never thought of investment or even financial management, not until i start working then only i realised the importance of it.

So, for u, i would said it is a good start. At least you start earlier, realising the importance of investment will really help in future.

As all the others advised...study is ur priority

I started my UT investment during my last year. It may be late if I could realise it much earlier.

Totally salute u!!!! Got so much discipline....I'm really bad in time management haha. Better start to change my bad habits. What cha studying now? I read that u also took up the course to become a UT consultant...so geng!!! How could u manage so many things at a time?


Yea I guess starting early alwiz has its advantage Hope to learn sum stuff and become more investment savvy by the time I graduate...but stock investment scary le...too many variables....plus i dun hav lotsa cash on hand...can't diversify >.< Plus now very scared le market crash, don't dare to do any bold moves or put in $$$....haha Hope can learn more from all u financial sifus~~


Younger can take more risk too~~ dun plan to marry or hav kids soon haha XD one main reason also which pushed me into investment is I'll be laden with a RM90k study loan when I graduate.....haven't start earn $$$ already owe ppl money T_T sobs I hope tis investment thingy won't affect my studies too~~ thanks


I think u're doing real good!!! From ur nickname...I deem u're only 2 years older than me....but u've already gained much experience from this field edi...I think not many ppl at ur age is as financially aware as u

___________________________________________________________________________________________
Thanks for all the replies & concern....Hopefully ya guys won't mind me popping in around the forums once in awhile and ask sum noobie & irritatingly simple questions haha

(hope I didn't go off topic for too long >"<)

KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

Back when I'm in college 8 years ago, investment is never part of our discussion. Only talk about assignment, projects, exams, play, entertainment, etc

How I wish I can turn back time!

Even when I started working, investment was not in my exposure. Salary, Spend, Not enough -> Salary, Spend, Not enough -> Repeat for 5 years

How I wish I can turn back time!

I also started last year at the age of 27 So consider it late

But I'm glad I'm more prepared now. Rather than when I'm old and no backup plan at all

I don't think investment is part of ANY discussion in college/universities now too....haha. Even if there are any young investors, most of them are keeping mum on it or it is done under their name by some family member. haha

27 years old still young!! Plus ur dzi maybe help u buy sum time!!!

peace out