Lowyat.NET: Latest topics by Colaboy

Sony Viao VGN-FJ68GP

Colaboy — Fri, 06 Mar 2009 03:43:07 +0800

anyboddy out there could help me get the driver . . .
it would be great

New Fund AmStaples, AMBANK

Colaboy — Wed, 24 Dec 2008 18:29:55 +0800

AmStaples (“the Fund”) is designed specifically for investors who are concerned with prevailing market volatility. You can now benefit from contracted fixed income distributions and potential additional income* linked to the lowest performance of an underlying basket of food staples assets**. The underlying basket is expected to remain resilient in recessionary times.

BENEFITS:
It is capital protected and the fund is
contracted to pay 6% at the end of the 12th month &
2.75% at the end of the 33rd month plus additional returns

Minimum returns will be 8.75%! How much is the FD rate now? 3.5% p.a.?

If you take 33 months average FD will give you 9.62%

So, the risk that you are taking is less than 1%!

The Fund’s value propositions are appended below:

􀂃Contracted fixed income distributions, potential additional income** (if any) and 100% of the Notional Amount at maturity (all in AUD)*
􀂃Access to food staples investment
􀂃Benefit from potential appreciation of AUD against MYR
􀂃Relative low cost of investment, one – off 3.25% front end load and no annual management fee
􀂃Leverage on the expertise of fund managers from AmInvestment Bank Group
􀂃The investment return is tax exempted*

REITS Investment . . . .

Colaboy — Fri, 02 May 2008 12:52:02 +0800

This fund is an actively managed fund that seeks to maximize income and long-term returns. This is achieved by investing in listed Real Estate Investment Trusts (REITs) and property related securities of companies, which are incorporated, listed or have their area of primary activity in the Asia Pacific region including Japan, Australia and New Zealand.

The fund may also invest in depository receipts, debt securities convertible into common shares, preference shares and warrants and through any other PRUlink property funds that may become available in the future or indirectly via sub-funds managed by Prudential Asset Management (Singapore) Limited (PAMS) or any other fund manager to be determined from time to time.

Who should invest in this fund?

Investors who seek higher growth of capital.
Investors who want to diversify their investments.
Investors who have medium-high risk tolerance.
Investors who seek to reap investment returns over the medium to long term.

Just to share a good fund in the market with you all . . . . .

Insurance Switching

Colaboy — Wed, 09 Jan 2008 12:11:12 +0800

What is insurance switching?
Insurance switching is an industry jargon that's actually not known to most life insurance agents. If you follow through all my articles about life insurance, you will notice the difference between investment-linked policy (ILP) and traditional policy. For ILP, insurance company charges natural premium, or simply means that the insurance charges increase according to age. But for traditional policy owner, you pay a level premium which is calculated using the age of entry. Insurance switching here means dropping traditional plan to get an ILP or vice versa.
Do you really need to switch insurance?
There are two sides of view, you either switch from traditional plan to ILP, or from ILP to traditional plan.

Switch from Traditional plan to ILP
. some agents advice their potential clients to lapse their existing traditional and buy a new ILP. This is definitely wrong because Bank Negara had imposed a rule that the act of replacing a policy within one year will be penalized. The new policy agent won't get any commission on the new sale.
. however, there are still some policyholders actually followed the agents' advice to switch because of the appealing features of an ILP - low premium, high coverage, better health card etc. Why aren't the agents penalized? This is due to the lack of linking between different insurance companies. There is no such centralized system where company A can track the status of the policy held at company B.
. you must realize that ILPs charges a high insurance cost especially at old age. You are getting the advantage of low insurance charges at young age. ILP is not so appealing to older folks who wants whole life protection on dread diseases. When you reach age 70, the mortality is simply ridiculous that your premium paid is impossible to cope with the ultra high insurance charges.
Switch from ILP to Traditional
. some policy owners thought that ILP is actually for investment. But that's not true in that terms just because some agents might sell you the investment features of ILP. ILP is designed with integrated insurance features. In fact, ILP is a very effective tool to give comprehensive coverage at low affordable premium especially for younger people.
. when you get older, you might want to consider to actually switch from ILP to traditional plan. The proper way to do that is to reduce the protection on ILP, and buy new traditional plan. Ask your consultants whether the insurance companies provide a guaranteed switch that doesn't require any health proof. When you reduce your ILP protection, it is not necessary to reduce your premium. Instead, you can take premium holiday and just stop paying premium as long as your investment value is substantial enough.

Conclusion
1. Buy both policies, traditional and ILP as soon as possible. This ensures that you lock in the best features of both types of policies at the lowest premium affordable at young entry age.
2. Buy ILP if you are young and can't afford to have both type of policies. Normally for a budget of RM250/month, you can have a decent combination of both. Lower than that, just get the ILP.
3. Buy traditional policy if you are approaching retirement age, and seeking for life and critical illness coverage. Bad investment performance won't affect your policy status much unlike ILP which depends very much on investment return and your age.

come across this article . . . think it will benefit most of you guys/gals here in LYN

Stamp Collection

Colaboy — Wed, 07 Nov 2007 14:23:13 +0800

Hello i think this might not be the trend anymore
just wondering how many ppl still have this kinda interest towards stamp collection ?

Badminton

Colaboy — Thu, 01 Nov 2007 18:44:39 +0800

Hi there,

i have been back here in malacca for few months now . . .
looking for some kaki for badminton around malacca area
if interested pls pm me