I don beliv that as it sounds like some sorts of myth to me. What if at that time something really catasthrophic happened? You need to make decision fast just like you doing business.... What i mean is not monitoring the daily price but on the fundamental side. YOU need to be updated on the company future direction by reading quarterly report at least or annual report....

This post has been edited by darkknight81: Sep 24 2009, 10:07 AM

darkknight81,

YOUR PROBLEM is you invest on ONE COMPANY. Why do that??

What if you INVEST on the WHOLE WORLD?? Aka, all 4,000 LARGEST companies in the world at the same time.

This is called investing. Go to sleep for 5 years test. If you CANNOT go to sleep for 5 years and do nothing for X, you ARE NOT investing. You are speculating / gambling.

How do insurance company collect premium and pay out?? They invest your premium. How do they invest and make money consistently across 30 to 100 years?? They are using the same system. It was not possible in the past for individual investor to do this. But, now, it is possible.

In a smaller scale, instead of buying individual counter of KLSE, you could have have buy the ETF and get the 30 largest companies in KLSE at one shot.

So, the PROBLEM is FINANCIAL INTELLIGENCE.

http://finance.yahoo.com/q?s=VT

Check this out. One ETF and you own the whole world.

Dreamer

This post has been edited by dreamer101: Sep 24 2009, 11:03 AM

but the yield is too low for me My investment criteria yield must be at least 7%

All depends on our economy. If inflation hits 10% a year, a 7% dividend yield means nothing too. The world in the next 20 years look very uncertain with rising human population and diminishing resources.

darkknight81,

<<but the yield is too low for me >>

So, this come back to MY POINT.

It is ALL up to FINANCIAL INTELLIGENCE.

You are NOT at the stage to use this kind of strategy. Now, whether it is better or worse, who cares. You are NOT capable of using this kind of financial instrument even though it exists.

In my case, I do not have the FINANCIAL INTELLIGENCE to invest on Palm Oil plantation yet even though it is one of the best investment. I am still doing my homework. If I invests now, I will lose money because I am NOT capable of handling this kind of investment yet. I do not know how to answer the 4 questions yet.

Dreamer

Thats my point ... dreamer you always think that your strategy is the best... as i always said as long as you know what you are doing and know what your direction is then is all right.... i know my strategy and what i want ... what i look at your investment tools does not suit mine... then i ask you how far do you know your fund detail? basically you are depend on the fund manager to manage for you.... There are lots of alternative not only "dreamer101's way" or else you don need some fund to manage for you... you should have your own intelligence to manage your own money like buffett or jim rogers already.

This post has been edited by darkknight81: Sep 25 2009, 07:49 AM

haha, darknight81,

Don't you think dreamer is the smartest investor in the world? Even better than Jim Rogers and Buffett? He does not need any fund manager to manage his funds as his strategy and research/home work done is always much better than these fund managers. The only investment that he is not good for now is palm oil, and he will master it soon, as he has the intelligence. So dont ever challence the investment guru that claimed himself patriotic to this country (a ture Malaysian) and channel out 80%-90% of his wealth to overseas.

At once someone asked him if he invests in PBB stocks or Public Mutual, he answered that average investors will invest in Public Mutual by paying expensive fees to this so called fund manager, and he is much smarter than the average investors as he buy PBB stock direct and get the share of the profit from the Public mutual, he therefore earns the Public Mutual's profit as a PBB shareholder. I have no choice but to agree with him that millions of Public Mutual investors are stupid and he is the smartest.....

darkknight81,

<<basically you are depend on the fund manager to manage for you.... >>

Do you UNDERSTAND the difference between a TRUE INDEX FUND and a normal mutual fund??

It is OBVIOUS that you DO NOT KNOW.

I invest on INDEX FUNDS.

<< as i always said as long as you know what you are doing and know what your direction is then is all right.... i know my strategy and what i want .>>

I KNOW that I DO NOT KNOW. So, I buy all 4,000 largest companies in the world at one shot. I do not have to gamble on which one will do well.


<<you should have your own intelligence to manage your own money like buffett or jim rogers already. >>

I have the INTELLIGENCE to know that I am STUPID. That is good enough.

I have the INTELLIGENCE to know that I am NOT Buffet or Jim Roger.

Do you??

Dreamer

i think the best investment for yourself is the one where you can stomach the downside without losing sleep and happy with the return on the upside. no need to argue what's best and what's not.

Some reading on PNB


PNB ready to help its group of firms expand
By Shahriman JohariPublished: 2009/08/24

Permodalan Nasional Bhd is ready to help its companies expand although the state-owned fund manager wants more of its income to come from dividend payouts, its chief said. This could be in the form of additional investments in its companies that are among Malaysia's biggest.

PNB, through its unit trust funds, controls companies like top lender Malayan Banking Bhd, plantation giant Sime Darby Bhd and UMW Holdings Bhd, an auto and oil and gas group. There are concerns that PNB may be limiting the growth of its companies by squeezing more dividends from them when the stock market is not doing well. PNB uses the dividends and money made from share trading to distribute income to its 9.5 million investors who have stakes in its unit trust funds.

"When they need money, that is also an opportunity for PNB to increase its investments," chief executive Tan Sri Hamad Kama Piah Che Othman told Business Times in an interview recently. Malaysia's stock market fell 40 per cent in 2008 as investors braced themselves for a global recession. However, PNB, which manages more than RM120 billion in assets, have been able to pay good rates to investors.

Apart from buying and selling stocks, PNB has also relied a lot on dividend payouts from its listed companies to improve its income. This will continue, Hamad said, and PNB would want to see even more of its income coming from dividends. "We want a lot from dividends. If it was 40 per cent (of total income) then, now we want it to be around 60-70 per cent. Automatically we will become more stable," he said.

Although critics say this could hurt the chances of PNB companies expanding in a downturn with less cash, Hamad argues that there are two ways to deal with this. One is for the company to plan ahead as it would know how much to budget for expansion and for dividends. Second is to tap PNB for funds that it needs.

darkknight81,

<<basically you are depend on the fund manager to manage for you.... >>

1) If you DO NOT KNOW, why do you make this kind of comment??

<<Yup i don know and i don think i am interested to know. Thats y i don invest in it... And i don beliv that it is so great about it....>>

2) I did not ask you to follow it. In fact, I said

<< You are NOT at the stage to use this kind of strategy. Now, whether it is better or worse, who cares. You are NOT capable of using this kind of financial instrument even though it exists.>>

3) My ONLY POINT is IMHO, your strategy is not investing. IMHO, it does not pass MY 5 years' sleep test. Now, it may works for YOU. But, it does not work for people that DO NOT WANT to monitor their investment.

<< I know i am not good enuff thats y i join lowyat forum to seek for advice hope that someone who can really HELP but not those who keep on promoting how good how smart they are .... i am sick of it doh.gif >>

4) Why do ANYONE need to promote whether they are SMART or NOT?? It is OBVIOUS from their post that what level they are in.

5) I am showing an alternate strategy. And, it is DESIGNED for people that are STUPID like me. People that believe they CANNOT beat the market average and do not want to monitor the market.

I had 10+ years experience in my industry. I thought that I could use my industry knowledge to buy stock and make money. It took losing half of my life savings to make me realize that I am GAMBLING and SPECULATING. Plus, I am STUPID as far as picking stock and knowing when to buy and sell. The 5 years sleep test was created to protect myself from my own STUPIDITY.

I learned from my painful and expensive lesson.

<<you are not so great either if not you will not be so free to giving ppl advice everyday your time should be spend on something more meaningful.>>

So, are you saying HELPING people to achieve their financial goal is not MEANINGFUL?? The ONLY GOAL to post in a forum is to show off how smart a person is?? Or, to sell something?

Dreamer

This post has been edited by dreamer101: Sep 27 2009, 08:57 PM

Guys,

This thread is about ASM, ASx fund discussion, not about general investment discussion.

So can everyone please discuss something regarding or related about the ASx issue, as any investment purposes discussion can be done via existing other investment thread/topic.

Thanks for the cooperation.

This post has been edited by cherroy: Sep 27 2009, 11:09 PM

asb and as1m with one is better?

ASB wins hands down

asb is the best perform fixed price products of PNB based on its track record, but only for bumi, if u r a non bumi, the only option now is AS1M.

Er... i have raise a question regarding :

WHAT if the fund money inside PNB fund was being corrupted and in actual fact the fund money is dried out? Is it possible? As i see the dividend for the past few years keep on deteriorating and also the keep on raising fund for BOTH ASW AND ASM.... I wonder whether the fund internally is dried out ? Can any one give his opinion on this ? Pls advice What if really the fund is dried out? That means we cannot get back our principle? I have raise this questions previously but keep on being interupted. I need the answer for this not regarding any investment intelligence and so on... So some expert on this pls share your opinion.

This post has been edited by darkknight81: Sep 30 2009, 08:11 AM

darkknight81,

The ANSWER to your question is VERY SIMPLE. Do you trust the government?? If you do, why worry?? If you don't, why do you invest on ASx??

http://malaysiafinance.blogspot.com/2009/0...tegy-ahead.html

<< It is a very good deal indeed but on the other side of the coin, the actual value of the underlying investments is unknown, unlike other unit trust funds where you know the value of your investments at any point in time. The balance sheets of fixed-price funds are not disclosed in their annual reports, and the Securities Commission, the body governing the unit trust industry, grants these funds various exemptions from its guidelines on unit trust funds.>>


Dreamer

I also curious about their strategy, this is making me pondering. Should I continue investing to whom I have doubt on it ? Nowadays I have been collecting evidence and facts to support my migration to other fund.

Seems that only those who has access to the audited account know the real situation in PNB, ASx funds are not as transparent as other private mutual funds companies. So u need to judge by yourself. And splits your eggs into few baskets.