Comments on: My Personal 2007 Budget and Expenditure System http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/ Premiere Malaysia Personal Finance, Wealth Management, Investment, Insurance and Estate Planning Resources Thu, 09 Feb 2012 03:18:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: yowchuan http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/comment-page-1/#comment-1559 yowchuan Tue, 09 Jan 2007 17:57:00 +0000 http://www.meshio.Com/index.php/2007/01/my-personal-2007-budget-and-expenditure-system/#comment-1559 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! 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!

]]> By: aw http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/comment-page-1/#comment-1558 aw Tue, 09 Jan 2007 00:26:00 +0000 http://www.meshio.Com/index.php/2007/01/my-personal-2007-budget-and-expenditure-system/#comment-1558 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. 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.

]]> By: aw http://www.meshio.com/2007/01/my-personal-2007-budget-and-expenditure-system/comment-page-1/#comment-1557 aw Tue, 09 Jan 2007 00:24:00 +0000 http://www.meshio.Com/index.php/2007/01/my-personal-2007-budget-and-expenditure-system/#comment-1557 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! 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!

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