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 Public Mutual v2, PB/Public series

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wongmunkeong
post Aug 16 2011, 12:50 PM

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QUOTE(HSTang2005 @ Aug 16 2011, 12:44 PM)
Hi, I am new to this forum.  I am an investor of Public funds.  Recently, public imposed high switching fees, 0.75% to all monies switched in less than 90 days. This is a killing step to my profit taking moves.  I am going to sell all my monies in Public.  What do you think?
*
Bro - U can
a. NORMALLY take worthwhile profits
b. from an equity fund or more changgih, bond fund
c. within 90 days?

Changgih man notworthy.gif

Can share your approach (selection, timing, entry & exit plans) pls?

BTW, Yup, i agree - PM really bad, impose extra cost if we switch our investments within 90 days.
BTW2 - not all are affected within 90days

see Bro BoneScythe's post http://forum.lowyat.net/topic/1299169/+1634

BTW3 - U can checkout things like www.fundsupermart.com.my for lower service charges and stuff

Pls remember to share share how U manage to make worthwhile profits within 90 days yar biggrin.gif Thanks in advance.

This post has been edited by wongmunkeong: Aug 16 2011, 01:51 PM
wongmunkeong
post Aug 16 2011, 01:55 PM

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QUOTE(xuzen @ Aug 16 2011, 01:51 PM)
UT is usually a mid term (3 years) to long term (5 to 10 years) investment vehicle. If you are looking at profit taking <90days, then look elsewhere:

I) Play OSK KL-Tracker 1% in, 1% out.
II) Play stock market directly.. 0.73% in, 0.73% out

Good luck.

Xuzen
*
Direct KLSE stock market can cost lower than 0.55% in and another 0.55% out, even if T+3 and not contra / intra-day, with enough volume and graces from the security firm U using tongue.gif. Anyways, that bro will score here man if he can score in mutual funds within 90 days brows.gif

This post has been edited by wongmunkeong: Aug 16 2011, 01:55 PM
wongmunkeong
post Aug 18 2011, 12:02 PM

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QUOTE(Cloudeu @ Aug 17 2011, 05:10 PM)
Oh ok.
Thanks alot  biggrin.gif

Was thinking of applying leave if they don't open on Saturday  tongue.gif
*
If i'm not mistaken:
2nd Sat monthly @ Bangsar branch
or 3rd Sat monthly @ Damansara Perdana branch
or 4th Sat @ Cheras branch

wongmunkeong
post Aug 22 2011, 01:50 PM

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QUOTE(David83 @ Aug 22 2011, 01:41 PM)
Yes. Even my most rewarding fund PFES is below 0.2500 now!
*
Time to fear and run?
OR
Maybe time to re-balance the ol' Asset Allocation if it's out of whack by more than XX% of the % planned?
OR
Following a planned program?

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wongmunkeong
post Aug 22 2011, 02:10 PM

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QUOTE(David83 @ Aug 22 2011, 02:04 PM)
I just left it there for PFES since my average unit cost is way below current level.

I may focus to DCA other funds.
*
Kinda scary if just looking at the current NAV cry.gif
I'm consoled by the fact that it hasnt hit 2008's Oct, Nov, Dec (yet). Or maybe it should or worse, then bottomed and it's CHEAP SALE TIME!! heheh - till then, gotta keep the ammunition dry and growing tongue.gif

Sigh - time & time again, my heart flutters with a weird mixture of fear & excitement when equities drop.
Fear a bit coz dunno when it'll stop free falling
Excitement coz knowing that cheap sales is around the corner. blush.gif
wongmunkeong
post Aug 22 2011, 02:23 PM

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QUOTE(David83 @ Aug 22 2011, 02:12 PM)
You could fear current circumstance as an opportunity or you could join the fear by sell or switch out on-hand funds.

Ultimately, it's still your direction to made. Make sure that it's wise and not regretful.
*
Nah - my Exit rules for mutual funds prevent me from switching out when equities nose dive. It's all my Entry rule's fault - buy more when down coz i dont need to touch them $ for another xx years tongue.gif

Regrets? Plenty from previous stupidity (more to come i guess blush.gif) but thanks to those bruises, learned a few "truths".
Wise or not, time will tell laugh.gif

Banzai!
wongmunkeong
post Aug 22 2011, 03:25 PM

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QUOTE(milentechie @ Aug 22 2011, 03:20 PM)
Some times, I don't know whether to feel happy or sad when the market crashed.
Sad because my investment value shrunk.
Happy because it mega sales. Great time to buy at discounted price.
*
Sama sama bro - i guess this is whatchacallsit "bitter sweet" sweat.gif
wongmunkeong
post Aug 22 2011, 04:15 PM

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QUOTE(Bonescythe @ Aug 22 2011, 03:52 PM)
If you got a lot of cash in hand, u will be happy.
If you got no cash in hand, then you will be sad
*
I got no "lots of cash" in hand wor, and not much in bank. Mostly in bond funds & REITs, some only in bank cry.gif
wongmunkeong
post Aug 22 2011, 05:38 PM

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QUOTE(Bonescythe @ Aug 22 2011, 05:32 PM)
The biggest mistake u made is, you got no cash with me
*
laugh.gif U mean my biggest POSSIBLE mistake is i nearly got cash with U? tongue.gif

Sorry bro - no one watches my $ and ass(ets) like me coz no one knows my personal wants, plans, etc. in detail biggrin.gif
Just like everyone else brows.gif

We lemmings (not U ar and the other Powers of the Universe) work so hard to get $, control so hard to save $ and then invest blindly and trust others to watch properly meh brows.gif
wongmunkeong
post Aug 22 2011, 07:09 PM

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QUOTE(lowyat2011 @ Aug 22 2011, 07:06 PM)
Just would like to find out...
As an investor, we need agent to help us to make the switching and we can't do it via online by our own, in order to manage the fund ourself, we need to obtain an agent licence... am I right?

Thanks.
*
U can switch online yourself without an agent license, neednt bugger with an agent

This post has been edited by wongmunkeong: Aug 22 2011, 07:10 PM

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