Browsing All Posts filed under »Misc«

Can you retire with RM1mil?

October 31, 2012

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A MILLION ringgit is a lot of money. In the past, it was always considered “the benchmark” in terms of a person’s success. After all, having RM1mil officially makes you a millionaire. However, realistically, is RM1mil big enough to survive on today, especially once you retire? According to official statistics, the average Malaysian male has […]

What is Unit Trust.

April 21, 2012

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A unit trust fund is a collective investment scheme, which pools the savings of investors with similar investment objectives in a special “trust” fund managed by professional fund managers. The pooled monies in the unit trust fund will then be invested in a diversified portfolio of securities and other assets in accordance with the unit […]