http://meshio.disqus.com/enTue, 09 Jan 2007 12:57:38 -0000http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/#comment-2467884Hi aw,<br><br>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.<br><br>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.<br><br>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. :-)<br><br>Cheers!yowchuanTue, 09 Jan 2007 12:57:38 -0000http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/#comment-2467883Slight errata, I doubt there's any "fixed income or dividend" fund that gives such a return.<br><br>To get that kind of return, you would have to go for more aggressive equity funds in this market condition.awMon, 08 Jan 2007 19:26:36 -0000http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/#comment-2467882For b), I have doubts it is workable for such a short time frame of 5-6 months.<br><br>For capital-guaranteed funds, the lock-in period is usually at least 2 years. Some 5-10 years.<br><br>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!awMon, 08 Jan 2007 19:24:18 -0000