yea.. i just went to public mutual, an agency manager keep asking me to buy only. i was asking her lots of questions regarding the quarterly report etc, she just said it was past & it dont mean anything, as long as now i want to earn money. she kept telling me the price drop alot ady, now enter sure earn, plus she got 17years experience bla bla bla

yea.. i just went to public mutual, an agency manager keep asking me to buy only. i was asking her lots of questions regarding the quarterly report etc, she just said it was past & it dont mean anything, as long as now i want to earn money. she kept telling me the price drop alot ady, now enter sure earn, plus she got 17years experience bla bla bla

AirAsia is the biggest shareholder of Malaysia Airlines now. Oh boy..

Good point on question number 2. every investment needs to have entry and exit strategy to avoid significant losses. i personally was a PM agent until about a year ago. Invested in Public Ittikal (PITTIKAL) and PCSF (Public China Select Fund) the moment i started working in 2008. i used DCA of RM100/month on both funds and sold them last year for a realized gain of around RM2000+ excluding distributions. sold all of investment in PM to fund a property purchase instead and IMHO i think investing directly in stocks will net better gains in terms of dividends and capital gains. just do research and ask around to construct a portfolio that suits yr needs and goals.

however, i'm not saying one shouldn't invest in mutual funds or any actively managed funds whatsoever as it was because of PM i got some money to fund a property purchase. choose wisely though. don't let its marketing fool you. nowadays, not only PM but all the other fund companies are launching funds and more funds to grab market share and retail investors like us. it's like a boutique investment house that instead of adding value to the investors are just interested in gaining as much as  possible from the public. my advice would be:

1) choose funds with consistency and sustainability in terms of return and cap growth. i.e: 10 year record e.g: PSMALLCAP, PITTIKAL. PBOND and etc
2) a good fixed income instrument is their bond funds. avg return per year is around 6-8%. choose wisely. again refer to point number 1.

just my 2 cents...hope it helps.

P.S: no offence to anyone or any agent of PM or any actively managed fund company. pls accept my sincere apology if i did offend you in any possible way. 

Yea. Depends what kind of strategy you want to use. One lump sum at the bottom surely will do better than each month, or each quarter.
Since market is confirm volatile now, why not wait a while? Investment, no need to rush. Timing is important only. Rushing now - Which is a volatile timing = bad timing.

But rushing when market crashed like dead dog, then that is good rush.

Rushing when market bull, also good. Make sure you know how to switch out when bull start to slow.

Rushing when bear coming out to play = damn bad strategy.. haha.

Since you are starting to invest in a new fund, initial minimum is 1k, or subject to different individual. Probably, just wait a while only see. Waiting 2-3 mths does not hurt much in my opinion.

Let the market show a strong signal of bear or bull.

How to know.. Keep update, see whether there is a QE3 from US, and how the public take on the QE3 (At least QE3 is something that will definitely affect the market)

I am doing that bolded part exactly, sigh!
It's ok lah, am using DDI in the same time, hopefully can leverage down.

Holy Cow!!. This kind of agency manager.. Fail!!
Just ask to buy buy buy.. Ask her whether she knows anything about the current situation of the economy. Guess she does not know a shit about it, and only got 17 years of asking people to buy buy buy...

If want people to buy, at least talk something rather more reasonable, like why you need to buy, rather than buy buy buy because price drop.
Sigh..

If your fund not closed.. Then stop the maybe you want to stop DDI?
Accumulate more $$$ in hand first. When market really went hairwired and head to ravine, this is your action time.. Fire all you get..

Just my 2 lousy cents..
But if you are keeping updated with the market, you should probably know where are we heading as a whole in a time like this.
Although some miracles might happen

I am doing that bolded part exactly, sigh!
It's ok lah, am using DDI in the same time, hopefully can leverage down.

I supposed you are using DDI for DCA strategy. DCA is a good strategy in principle. When you do DCA on Public Mutual funds, you got charged 5.5% for their fees, which at least takes you sometime to get that % back (assuming 1 year return is 6-8%)

which funds she recommend for u?

did she tell any thing abt risk management?

Holy Cow!!. This kind of agency manager.. Fail!!
Just ask to buy buy buy.. Ask her whether she knows anything about the current situation of the economy. Guess she does not know a shit about it, and only got 17 years of asking people to buy buy buy...

If want people to buy, at least talk something rather more reasonable, like why you need to buy, rather than buy buy buy because price drop.
Sigh..

Yeah - buying due to price and volume movement is more of trading not investing, right bro Boney?
Ni bukan individual stocks or futures but mutual funds with service charges of 5.5% (heck even FundSupermart = 2%), which is way above stocks & futures contract. How to trade lar

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Added on September 4, 2011, 7:59 am
Personally, i'd fire:
a. 33% of all ammo i've allocated to mutual funds' "value buy" when market stops falling for awhile
b. If it moves down later, i've still 66.66% ammo left to buy value - eg. if it goes down, i'll sit and wait until "straight line" dead market again, and then put in another 33%
c. when market goes up continuously (albeit slowly) for 3 to 6 months, i'll put in another 33%

Chicken shit risk mgt heheh - seen double dips before, dont want to jump in with both feet.
how low is low

If your fund not closed.. Then stop the maybe you want to stop DDI?
Accumulate more $$$ in hand first. When market really went hairwired and head to ravine, this is your action time.. Fire all you get..

Just my 2 lousy cents..
But if you are keeping updated with the market, you should probably know where are we heading as a whole in a time like this.
Although some miracles might happen

i think she just know how to compare the price before and after. actually i went there to get some hardcopy data, she dont even has those. i kept telling her that the market is so unstable now & the probability of the market wil drop further is quite high. then she kept telling we cant time to market, so buy now as the price is so cheap. she recommended PUBLIC CHINA TITANS FUND, PUBLIC ITTIKAL FUND,PUBLIC AUSTRALIA EQUITY FUND if not mistaken.

i think she just know how to compare the price before and after. actually i went there to get some hardcopy data, she dont even has those. i kept telling her that the market is so unstable now & the probability of the market wil drop further is quite high. then she kept telling we cant time to market, so buy now as the price is so cheap. she recommended PUBLIC CHINA TITANS FUND, PUBLIC ITTIKAL FUND,PUBLIC AUSTRALIA EQUITY FUND if not mistaken.

I plan to top up my equity fund.. (making loss)

Now, not the right time ?  Switch to bond ?

If I switch to bond .... then from bond switch to equity fund, will get SC 5.5% ?

eg.  equity fund ===> bond  (RM 25 )
      bond      =====> equity (RM 25 +  5.5 % or not ?? )

Then, I incurred 5.5% charge TWICE ??