Quick Money!

On February 8, 2012 i wrote an article about quick money.
I said that PAGF and PRSF - 2 of the Public Mutual Funds will  declare handsome yield.
Well, yesterday the dividend has been declared. Each fund declared 4.50 sen distribution.
If converted to yield, it is 6.50%! Not bad compared to historical data.

What it means to you?
Suppose you adhered to my call on that day and invested, say RM 50000. the selling price
then was RM 0.6570 a unit and sales charge 5.50%.
Your units gained will be 72136.02.
And now, with 4.50 sen dividend declaration your dividend value will be RM 3246.12.

That's 6.50%  yield in just about
2 months period!!

Happy investing!