ya, locals better at the moments. but in future??

Don't talk about future, talk about current the NAV already lower than the launch NAV!

Bro - no point getting angry over an investment, if it's not performing, cut loss.

BTW, my friend's wife who went in into PCSF early 2008 (as in 1st quarter or so), and kept on doing TwinVest (DCA+VCA) until now - she's making profits leh. So.. er.. it's not just the fund selection which is important, it's also one's entry & exit plans

BTW, anyone here lost lots on PFEPRF? That one also made good $ for my sis & i - both on TwinVest AND Trend-based Entry & Exit rules. Just making a point that one can "nearly" make good returns if one has a plan, not just selecting a fund and "let it run".

This post has been edited by wongmunkeong: Aug 13 2011, 12:58 AM

UPDATE:

He actually said that.

I received the form this evening. A request for switching form. Me as the 1st holder and my mom as joint holder. From what stated in the form, he want to switch my account to Public Islamic Strategic Bond Fund. That's it. I just need to sign and re-post to him.

I'm worried because the amounts invested in my PM account is taken from my ASB. Bad thoughts kept running across my mind now. But I guess for now, I have to trust him since I have zero knowledge on PM.

Do I really need to worry that much?

Public Dividend select fund , also making loss.

Bought around RM 0.31 (Average cost = RM 0.32 if include management fee) , now RM 0.27

tax on dividend only apply if we take it out right?
if we just reinvest, then not need to worry about tax.
when we need the money, just repurchase, then we don't need to pay tax a single cent.

this is quite surprising.
different from what I know.

I think you worried too much
Its good that somebody is monitoring your account.
Your dad apply his exit rules, cut loss, switch to bond.

By the time the form back to him, he might already change his mind

May i know what is Twinvest DCA+VCA?? Thanks.

after i sold all my fund, it is still active when i check as well...weird huh...

You might eek out some profits from averaging down, but overall most of PM non Malaysian funds is performing below benchmark. You get better performance form other oversea based funds.....

Can I know which fund is it??

I just switched out from PCSF to PSMALLCAP!

cool, if NAV low for local funds, its a buying opportunity. UT buy cheap and sell high to make profits. educate urself how to buy cheap and sell high to make profits.

i hv more 10 acc with local funds, just drop 6% only and im still holding withut switching. market looks recover back.

u can follow Mr.wong style by applying his method to max ur returns.

my cut/stop loss is 10% for switching.

waht ur father is doing is for your own benefit, by managing the UT risk. i think u hv equity acc, so its good the switch to bond fund to safe ur money at the moment. when the market recover, can switch back to equity.

u shud happy/thank ur father become FM for u.

bro, current market make all the fund drop. we cannot aspect any miracle. i have more 10 acc, all drops. also.

just don't panic.

dividedns fund still give dividends if price drop. if u got money, just top up for cheaper price. it will rcover back to give u profits. u won't get this kind of opportunity always. some time only.

my suggestion only.

every dividends declare, it will be tax. waht u get actualy after the tax, take note this. u re-invest back ur dividedns which u get after the tax.

when u receive the dividens stsment, u will c how much deduct for tax.


I repurchase all my smallcap units. after a few month i apply the new acc for small cap. i was told that the old smallcap acc still active and i just need to top up on it.

if ur acc is empty, it will still active/dormant/inacctive acc for sometime before closed it.

good move bro,

my acc not affected so badly.

is it good move to move from ittikal to smalcap?

Because you bought it at peak prices

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Added on August 13, 2011, 11:37 amGreat move... I have also invested in PSMALLCAP after it has reopened recently... this fund has won many awards this year

This post has been edited by echoesian: Aug 13 2011, 11:37 AM

I heard it's not "how the economy is" but "how's YOUR economy" that counts

My agent and his upline recommended to go into PAUEF and PNREF.