Quick money, anyone????

Today's date is December 4th 2011 and i would like to share an opportunity to make a fast money by investing in Unit trust investment scheme. Many people have the idea that unit trust investment will reflect real return over the mid or long term horizon. Well, while this hold water, this scheme could also benefit to those who are looking for quick income!

Here's how!
If you have kept your money in a Fixed Deposit scheme provided by most local financial institutions, or should you have substantial money 'trapped' in your KWSP scheme, i suggest you transfer in whole or in partial of that money into purchasing the PUBLIC SAVINGS FUND (PSF) distributed by PUBLIC MUTUAL BHD company. Why?

Come December 31st, 2011, this particular fund will reach its financial year end and as it was in yester years, this year too this fund will declare a final dividend.
I opine that this time around the dividend would be handsome if not same as last year's payout.

In 2008, the fund declared 7 sen a unit.
2009, the fund declared 8 sen a unit
2010, it declared 9 sen a unit.

In 2011, i am confident that the fund would generate either 9 sen or 10 sen. Suppose the fund generate 9 sen a unit, hmm...okay i could be so ambitious here. Let us just assume that the fund generates 8 sen a unit, and assume that you now invest RM 100000 (and service charge is 5.50%).

Assume you go to the unit trust company tomorrow (December 5th) and purchase PSF @ RM0.6000 a unit
As much as RM 94786.73 net of your paid money will be used to buy the units of PSF. The differance of RM 5213.27 is taken away as service charge (5.50% service charge).

With RM 94786.73, you are now the proud holder of 157977.88 units in PSF.
At 8 sen a unit in dividend, you get a pay-out of RM 12638.23 (0.08  x 157977.88) paid directly to your name and you can smilingly walk to your bank to cash out!

The Yield of this investment is (12638.23 / 100000) = 12.64% (within 1 month)
And now you are able to make sound comparison between this yield and  that of the Fixed Deposit (3.10%/ 12 months), or KWSP (5.50%/12 months)!!!

WHAT A WAY TO MAKE A QUICK MONEY!!
And remember this dividend is tax free too!