Buy bank unit trust ? or insurance unit trust ?

raymondha · PJNet Starter Joined: May 10, 2007 Posts: 65

now i am wondering which kind of investment should i go. bank investment? insurance unit trust ? or amaran saham ? can u give me some idea ?

lovepark · Posted: Mon Oct 01, 2007 2:08 pm Post subject:

bank vs insurance company..
i will prefer bank...
u can try public bank's fund.. they have alots of type out there
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tcj13888 · PJNet Junior Joined: Jan 22, 2006 Posts: 536

agree with lovepark jie,

public bank's fund give you not less that 7% or 6%,

Very Happy

lovepark · Posted: Tue Oct 02, 2007 2:42 pm Post subject:

woow.. tjc.. u are back.. where have u been Laughing

so you brought any from public bank's fund? ? Rolling Eyes

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waiwai · Posted: Thu Oct 04, 2007 6:22 am Post subject:

lemon · PJNet Newbie Joined: Oct 22, 2007 Posts: 1

Hi,

I'm Stella here. If you all would like to get more information about public mutual fund. I can provide to you, just email me at xxx@yahoo.com.

By the way, currently public mutual is having a promotion. You can save on the service charge if you invest with EPF. THis promotion only valid till this month end, so act fast if you are interested. You can contact me as well at 012xxxxxxx. Please PM me soonest.

Thank you.

MOD's NOTE: No email or contact number as per TOS No. 6(f). Please use the Private Messaging system for communications. Pls update your Profile with your email address in order for others to contact you directly. Thanks!

Kai-ree · PJNet Junior Joined: Feb 28, 2007 Posts: 794

basirpm · PJNet Newbie Joined: Sep 17, 2007 Posts: 3

Rule of thumb:

- Insurance is a risk-transfer mechanism. Just that. It is not for making money. Do not intend to make money out of it.

Unit trust is the better option to beat the inflation rate as well as to ensure better growth of your money. Private message me to learn and earn.
_________________
Mohd Basir Ahmad
Unit Trust Consultant / Agency Supervisor
Public Mutual Berhad

yipck2003 · PJNet Senior Joined: Jun 30, 2005 Posts: 1311

basirpm · PJNet Newbie Joined: Sep 17, 2007 Posts: 3

The above caption was taken from an article in Personal Money magazine.

If we are so worried that someone else r getting something, lets put our money under the pillow, where Return = 0.

Or put in banks FDs, banks give us 3.7% no one else get anything from it. But wait... banks use the money to give out loans and pay salaries and build branches, and banks get more money. No, dont keep in banks... Where else ahh...

Die also, crematorium charge us for the oven. No... cannot die, someone else will profit. Rolling Eyes

Live also, masuk toilet also kena charge, pee at dinding, free, dont forget to lift one leg. Fitness First, charge. Lalu toll, charge. Makan, more charges. Want to be wakil rakyat also, kena charge. Sakit, go hospital, more charges. Critical illnesses kalu, even more charges.

Haiyyaa... hidup susah, mati pun susahh liaoo... Very Happy

wincode · PJNet Newbie Joined: Oct 26, 2007 Posts: 1

Crude oil price hit new high, price of flour and bread is to rise also, lagi teruk is our tolls will naik also, everything is going to increase the price. Inflation rate is getting tooooo high. Investment in unit trust is better than insurance to fight against inflation. At least we can see money in good return in Unit trust. Insurance, unless something bad happen then your next of kin get the benefit.
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Invest wisely for your future
http://mutualfund4public.blogspot.com/

wealthkonsultan · Posted: Sun Nov 04, 2007 11:49 pm Post subject:

I'm glab this thread was created. Indeed Unit Trust is the most sensible way for anyone to start investing, for their future financial independence. I know, coz I have been doing this since 1998 - every year without fail using the savings in my EPF account 1. One may ask - what is Unit Trust ? Do read below...

What is Unit Trust ?

A unit trust fund is a collective investment scheme, which pools the savings of investors with similar investment objectives in a special "trust" fund managed by professional fund managers. The pooled monies in the unit trust fund will then be invested in a diversified portfolio of securities and other assets in accordance with the unit trust fund's investment objectives and as permitted under the Securities Commission's (SC) Guidelines on Unit Trust Funds.

The investment scheme of a unit trust fund can be illustrated as a tripartite relationship between the manager, the trustee and the unitholders. The manager is responsible for the management and operations of the unit trust fund whilst the trustee holds all the assets of the unit trust fund. The obligations and rights of each of the three parties are specified in the Deed, (a legal document entered into between the manager and the trustee, and registered with the SC). The Deed regulates the duties and responsibilities of the manager and the trustee with regard to the operations of the trust fund and protects the unitholders' interests.

In layman's term, with Unit Trust, anyone can invest - with as minimum as RM500 being the minimum initial investment for most funds offered by CIMB Wealth Advisors. Just imagine how much is needed if you are to invest in stock market - using the service of a remisier. And then, as investor you control your destiny as in when to buy, what to buy and when to sell... if NOT - instead of making money, U lose money.

In Unit Trust, the Professional Fund Managers are tasked to safeguard the investment process - making sure the investment objectives as set out in the prospectus is achieved. And all his while the investor is ridden of the needs to be overly worried with their portfolios.

You want to know more... do write to me at xxx@gmail.com . That email could be a the most important email you sent - in taking you closer to financial independence in the future..

What I can offer is quite complete ! Unit Trust to create wealth, Insurance to protect - and ensure your dependent can continue with their exising lifestyle and most importantly those money you set aside in the unit trust - you can rely on Trust Nomination to ensure wealth is preserved by ensuring your dependent ( named in the trust nomination ) will get their share on time as the situation warranted.

I have a lot more to say / advise. Do write to me...

Regards - Mr Wealthkonsultan

Note: Please refrain from posting personal email or contact number as per TOS N0. 6(f). Please use the Private Messaging system to exchange personal information.

wealthkonsultan · Posted: Mon Nov 05, 2007 12:20 am Post subject:

Oops.. I shouldn't have posted my email. Pls go to "members list". Use "username" and list via ascending order. My name at about page 229. There's email weblink there...

Regards

Mr Wealthkonsultan

friedice · Posted: Mon Nov 05, 2007 1:42 pm Post subject:

wealthkonsultan · Posted: Mon Nov 05, 2007 7:15 pm Post subject:

You r right friedrice.... Do you need more help on Unit Trust ??

Regards

Mr Wealthkonsultan