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My Personal 2007 Budget and Expenditure System » Meshio.com- a Malaysia Personal Finance Blog

Started by yowchuan · 9 months ago

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3 comments

  • aw

    2 years ago

    For b), I have doubts it is workable for such a short time frame of 5-6 months.

    For capital-guaranteed funds, the lock-in period is usually at least 2 years. Some 5-10 years.

    For normal fixed income or dividend, the sales charge is already 6% in Malaysia. Fixed deposit rates right now is 3.3% for 6 months. I doubt there's any fund that gives at least 9.3% in only 6 months!
    reply
  • aw

    2 years ago

    Slight errata, I doubt there's any "fixed income or dividend" fund that gives such a return.

    To get that kind of return, you would have to go for more aggressive equity funds in this market condition.
    reply
  • yowchuan

    2 years ago

    Hi aw,

    Thanks for the input. I am basically recommending the funds that will most likely not "depreciate in value", and hence, I do not emphasize very much on the capital growth of the fund. Rather, the objective is to put the money in a fund (long term) where the rates are better than FD. Notice that I did not project or estimate any rate of return, since it will vary from one fund to another.

    I agree with the statements you brought up on the funds' characteristics. My recommendations are not based on the rate of return, so I hope that you don't get me wrong.

    I will be posting the next episode in a while, which my clear things up a little. Schedule are getting rather hectic as I am actually in the midst of moving my office. :-)

    Cheers!
    reply

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