Just called Telemutual, but it says system is busy. Have to try so many times before managed to get my turn

My guess today a lot of people is doing switching 

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

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.... )

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

    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

Woah, then I'll lose all my hard waited profit..
But I doubt it'll decrease that much..
Analysts are still upbeat on HK's market..
I think 0.2700 is a fair price to get in..

0.2700, I won't enter
0.2600, I might enter, It also will be depending on market status

I'm not in the hurry to enter... I can still wait 

I've allocated RM10k for this PCSF (thanks to korea canceled trip)

How about life insurance? Shall we file for tax relief too? Would I face the same situation as you described earlier?

kingkong81, thanks for the explaination. I'm noob in taxation.

My agent advised not to file the distribution since the amount is just petty.

I want to ask, does Singapore have Public Mutual? or some other investments worth looking into?

Since its all red for PM, is it a good time now to buy some funds? ie PBADF etc

I'm only going to move to equity if KLCI drops below 1300

OT,

Today marked an important day. After topping up into FD today, my total portfolio exceed RM100k+ liao 

From really broke (because of failed business and no salary for 4 months) to RM100k+ in 2 years times  First time ever touching 6 digit

I'm so happy 

2 years+ ago, my business turned sour and failed because our big partners stopped funding. I've lost around RM50k (inclusive of 4 months unpaid salary). That time super broke. Went negative, and I was lucky that my GF (now wife) helped me through the tough time

Managed to get a job. Worked as Support. Starting salary RM3600. Was desperate, so gasak the job.

But after confirmation (6 months later) managed to jump to RM4600 and got married. Job requires a lot of travel so changed my car (9 years loan - no choice, no money)

Then I moved into marketing around 8 months in the company. I ran Malaysia like crazy. Worked hard

Now, age28  I've became top salesman for the MNC Company. A Head of the department. Income jump to RM7k - RM10k (after commission and incentive)

Other than that, I've got side income from adsense. Average Monthly, USD500 to USD700

I've made it,
-With my wife, who is understanding and supportive
-With my GM, who is a sifu
-With hard work and sacrifice. Running around Malaysia isn't easy, but the bright side is the claim and allowance is good
-With the hard work I put on my site. Spent 6 months with many sleepless nights doing it. Now, I've sold my site, in return for 3 years adsense space. No more maintenance work needed
-With the extra mile in work and proofed myself

Frankly speaking, I could have made it to 6 digit much earlier, but due to my overspending on gadgets/rubbish, luxury food, many holidays... the milestone got delayed...

That is why my next year resolution is to cut all those unnecessary cost and hope to save more and invest more

It takes roughly 2 weeks to create a new fund account. Would it be the same for switching to a new fund account?

Got the confirmation from my agent that he submitted my switching form to PCSF yesterday (15 November).

SEA sure only SEA related ma.....most important is vietnam market

SEA market also greatly influenced by US market. Once US have a sneeze, SEA market has a flu and cold.

Lucky I switched all out that time

Now waiting for the right time to switch back. Still dare not now cause seems too volatile. The path is not clear yet

How to identify a well equip and responsible PM agent? I am going invest my 1k.

Noted. Need how much then?

i invested 20k today on PCIF