More and more responses...
I gather all these for sharing...
I have invested in Hong Leong unit trust which at
first said by the bank personel, who assume an
internal agent, that u sure will make good money.
Nornmally more than 10% return.
I invested some fund over there and after 3 years.. i
find myself at losing end. Eventough i did receive
many shares issued to me, i lost about 10% of my
principle.
So, the statement, unit trust will gurantee return is
surely not true. I will go with our PM in this matter.
EPF should be used for it's purpose, for the use after
your retirement, not to gamble with it.
Suresh
-------------------------------------------------------------------------------------------------
Dude,
I heard about Hong Leong unit trust and typically they don't perform
of what they guaranteed. My friend have the similar situation as you
and he waited for 2 years then make a decision to move another more
flexible unit trust company.You need to identify a flexible unit
trust to invest, you cannot rely on the agent totally.
Any sum of investment worth to study clearly and carefully before
taking any action. I too invest in Unit Trust, although is not some
huge amount, the truth is we need to understand the unit trust fund
by nature.
If you just invest blindly, not only unit trust, you will even lose
money via investing in properties too. Perhaps your Unit Trust agent
just a one time-go agent.
There are times, the market will not perform and perform and it is
our judgement to look after our money, although the responsibility of
investing still the agent.
Think about it carefully...
Desmond
-------------------------------------------------------------------------------------------------
Suresh,
Sorry to hear about ur bad experience tu.... In 3 year you're still loosing 10%
of your principle... that is too much.
He/She was so not ethical by saying "SURE will make good money...."
My sincere advise.... once u get back ur capital... liquidate it and invest
in other places.... :)
There are 36 private UT companies in Malaysia and the performance
is differ from one another...
Top of the list.... Public Mutual, AmMutual, SBB, Prudential,
CIMB-Principal etc etc etc.... (in terms of market share)
*source The Edge, March 20, 2006
If we solely depend on our EPF money to go thru our retirement days....
it is not enough la.....
EPF sendiri mengaku what.... and they even suggested other
sources of investment..
first said by the bank personel, who assume an
internal agent, that u sure will make good money.
Nornmally more than 10% return.
I invested some fund over there and after 3 years.. i
find myself at losing end. Eventough i did receive
many shares issued to me, i lost about 10% of my
principle.
So, the statement, unit trust will gurantee return is
surely not true. I will go with our PM in this matter.
EPF should be used for it's purpose, for the use after
your retirement, not to gamble with it.
Suresh
-------------------------------------------------------------------------------------------------
Dude,
I heard about Hong Leong unit trust and typically they don't perform
of what they guaranteed. My friend have the similar situation as you
and he waited for 2 years then make a decision to move another more
flexible unit trust company.You need to identify a flexible unit
trust to invest, you cannot rely on the agent totally.
Any sum of investment worth to study clearly and carefully before
taking any action. I too invest in Unit Trust, although is not some
huge amount, the truth is we need to understand the unit trust fund
by nature.
If you just invest blindly, not only unit trust, you will even lose
money via investing in properties too. Perhaps your Unit Trust agent
just a one time-go agent.
There are times, the market will not perform and perform and it is
our judgement to look after our money, although the responsibility of
investing still the agent.
Think about it carefully...
Desmond
-------------------------------------------------------------------------------------------------
Suresh,
Sorry to hear about ur bad experience tu.... In 3 year you're still loosing 10%
of your principle... that is too much.
He/She was so not ethical by saying "SURE will make good money...."
My sincere advise.... once u get back ur capital... liquidate it and invest
in other places.... :)
There are 36 private UT companies in Malaysia and the performance
is differ from one another...
Top of the list.... Public Mutual, AmMutual, SBB, Prudential,
CIMB-Principal etc etc etc.... (in terms of market share)
*source The Edge, March 20, 2006
If we solely depend on our EPF money to go thru our retirement days....
it is not enough la.....
EPF sendiri mengaku what.... and they even suggested other
sources of investment..
Are EPF Savings Enough?
http://www.kwsp.
rgds,
Ida
posted by GAM Ida Azerin at 9:57 AM
