Should you switch your mutual fund often?
Some people always wonder whether they should switch their mutual funds often. In other words, trade them often. Well, I think it depends really. I know there are people who are very much into mutual fund trading just like the way stock traders trade their stock units. And with the help of online system, trading [...]
Is mutual fund becoming like stock market?
I still remember 20 years ago, mutual fund investing is relatively an unknown to most people in Malaysia. But ever since the introduction of Public Mutual, it has easily become THE preferred investment type in our country. Why? Well, it’s because it’s more rewarding than our Fixed Deposit and less risky than investing in stocks. [...]
Do you have any investment?
There are still a lot of people in their mid 20s and 30s who do not invest their money. Don’t be surprised if you ask your friends about investment and they know nothing about it. Savings, yes. Investment, no. I think one of the main reasons is fear (or uncertainty). After witnessing so many economy [...]
Changing your Public Mutual Fund agent
In December 2008, I’ve said that I wanted to change my Public Mutual Fund agent since my agent basically disappeared. She’s not contactable, and she did not do the things I’ve told her to do – stop the auto-debit, and also to move my equity to bond (that was in May or June 2008). She [...]
What is an emergency fund and how do you start one?
Emergency fund is the amount of money you have at your disposal whenever an emergency occurs. An emergency can be anything, ranging from a broken kitchen pipe, a medical expense, car repair, a retrenchment, etc. In this world of uncertainties, especially in the year 2009, many things can happen. That is why one should always [...]