Wealth Building, Retire Early, Personel Money, Financial Planning, Saving Tips
Inflation is our wealth silent killer. Inflation effect our buying power. We never can eat roti canai with 60cents, kopi with 70cents, a economic rice with rm2.50, petrol with rm1.80 and etc. All you can get is roti canai with rm1, economic rice with rm3.50, petrol with rm2 plus (most probably within this year). If you ever dare to neglect inflation, definitely you will regret for not knowing it when you are old.
Amanah Saham 1Malaysia or AS1M had declare 6.38 Sen dividend for the financial year ending 30 September 2010. AS1M offered 10 billion units for subscription and started on July 2009.
In 2009 I had wrote a post regarding why invest in silver. Back to 2009, I still cannot find a better way to buy silver in Malaysia. Although you can buy silver from some unfamiliar seller from internet, but we face problem of selling the silver back if want to.
Dollar cost averaging is an investing skill to buy what you have bought consistently regardless of the market up turn or down turn. You buy what you have bought at lower price to average down your buying price or you buy what you bought at higher price to average up.
On 9 July 2010, CIMB listed two new ETFs on KLSE. These two new ETFs are CIMB FTSE ASEAN 40 Malaysia and CIMB FTSE Xinhua China 25. This is Malaysia’s first offshore ETF.
CIMB FTSE ASEAN 40 Malaysia is a feeder fund of Singapore listed CIMB FTSE ASEAN 40 whereby substantially all the assets of the fund will be invested into the units of the CIMB FTSE ASEAN 40. FTSE/ASEAN 40 Index consist of 40 largest companies by market value across five countries’ stock exchange (Indonesia, Malaysia, Thailand, Singapore, Philippines). Among the top 5 constituent of the fund are DBS Group Holding Ltd, Singapore Telecommunication Ltd, CIMB Group Holding Bhd and Oversea Chinese Banking Corp. Ltd.
ETF is gaining popularity sooner or later just as REITs in Malaysia become investor favorite since Sunway listed its REIT and followed by Capital Malls in July. ETF become hot investment vehicle in foreign country because of its several advantages on stock and unit trust. Since 2002, assets held in ETFs around the world increase more than fivefold while the number of global ETFs increased more than eightfold.
5 ETFs listed on KLSE
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Exchange Traded Fund aka ETF is another investment tools which track index performance. It is the same as index fund in unit trust. The fund invest in a certain group of stock, bond or any market instrument and track its performance using index.
Combination of unit trust and stock
