The Flexibility - The Liquidity

how are you doing in Fat Purse blog? thanks for visiting. 2008 is just around the corner and i'm wishing everyone a prosperous new year!

anyway, on this entry i would like to highlight a few things about unitrust, things that i always received. am not doing a Q&A cos honestly, i dont know what you dont know. any questions, please ask as i would do my best to answer it.

as contrary to popular belief, unitrust is not for people who has money. way lots of money. in fact, it is very flexible. we can invest from as low as RM1k. and you can choose to top up whenever you have money, at any amount, at any time.

some young people, they dont even have 1k in their account. this is very bad, perhaps they just started working, but in fact many of them still cant even save 50 bucks. is it a trend? cos it's scary. sit back, i will show you later on comparisons, why start with a little money now, is better than start with more money later.

if RM1k is still huge enough for you, then opt for our monthly regular savings. from as low as rm50, it is definitely better to choose to invest in our fund, rather than keep 50 bucks in savings account. it's how much money you can make that's matter.

another popular question is, how long must i put my money in unitrust before i can withdraw? the answer is, there is no maturity date. you can withdraw, or sell your unit as you pleased. but since we want to help you to gain more capital, it is best that you put some money in unitrust and then sleep for the next 3-5 years. when you wake up, you will be surprised to see how your money have worked out for you since you are away!

beautiful, isnt it?

trust me, 3-5 years is not too long. times are moving faster than we actually realized that we are already left behind. think about price increment, inflation etc. i believe that most of you are agree with me that the cost of living grows higher and higher each year. if you are renting now, it is possible that your landlord might increase the rental upon the next agreement.

perhaps i can express my opinions here.
be careful about investing. only choose the right one for you. real life, am working with a property company and yes, property investment is also a good choice. i cant be too judgemental but allow me to highlight a few things.

first of all, property is not liquid. u cant buy at one place, then next year you want to move to another place cos your current situation is not as promising as it should be. unlike unitrust, you can change fund anytime you want.

second, is for those who want to rent out. how much can you get from your rental? after a few tenants, how best do they take care of your property. or perhaps you have to repaint your house to get a new tenant. in other situation, you might want to make it furnished to get higher rental but then you have to fork out extra money before you taste the fruits (which will be depreciated after some times, like something rosak etc). another thing, is whether your land is appreciating or not? how can you control majlis perbandaran? plus, how about the sinking fund? management fee? loan interest? moving cost?

yes you will get a house after all, but after 30 years only the loan is langsai? can you imagine how your house is gonna look like. if it's at least a terrace, sounds a bit ok (sbb u dpt tanah) but if it's an apartment? you are sharing about 900 square feets with a group of people and you are on the 9th floor? how does it sound to you now? not really on a cloud nine..

when you are in need of RM500, can you ask for an advance from your tenant? let me repeat that you can withdraw your money anytime from unitrust. it's as liquid as that.

it's just my 2cents after all. i believe unless you have lots of money, you can buy lots of houses and you are a real property investor. in this field, when you know the rule, you can make lots of money. other than that, most of us buy a house as a shelter. that's all.

pick a category and picture yourself in it. am not too well verse as some might have claimed. it's just a little knowledge in this dog-eat-dog world ;)

dont forget to drop by again cos the next entry is about 'Now or Later' comparison. 'sedikit-sedikit lama-lama jadi bukit'. it's gonna be very interesting. till then, HAPPY NEW YEAR!

muahs...