Because market down until system also down?

Funds with shares traded in Hong Kong & Korea share market are not updated as the share market was closed yesterday.

normally they will update yesterday price this afternoon

Public select dividend fund ... average cost = 0.32, currently 0.2678

I plan to switch when it reach 0.28..... (at loss though),

plan to buy more when it is 0.26 .... then switch when it reach 0.28...

My plan OK ?

This post has been edited by moon yuen: Sep 14 2011, 05:26 PM

What is the rationale for switching? Do you need to use the money when it hit 0.28?

PDSF is one of the better performing funds among the PM staple.

Xuzen

Your average cost: $0.32
Current NAV: $0.2678

Plan:
a. if goes up to $0.28 SWITCH to bond fund
b. if goes down to $0.26 buy more

Hm.. just a thought / opinion ar, not gospel truth reality
Scenario 1
U'd switch out of something that goes UP although still at a loss? (exit rule)
a. er... if i am cutting losses, i'd have switched out when market was FALLING into a distribution trend, not when it goes up
b. i'd only switch out when it goes up to take / lock in profits at abnormal profit returns. Mind U, my personal entry rules are either buying value/trend accumulation mode, and value averaging, which by default, controls my risk exposure.

Scenario 2
U'd buy more when going down (entry rule)
THEN switch out of something that goes up, although still at a loss OR break even? (exit rule)?
a. ok.. buy more when going down ie. averaging down the cost
b. switch out when it goes up a mere $0.02? er.. wouldnt that be like below your cost (ie. loss) as U need to factor in service charges and what not during your new purchases?

Thus, just in this old rat's Point of View, the basics dont look too logical.
Of course your reasoning may differ due to other things like needing the cash or just fedup show hand win or lose, etc.

I felt that It will drop after hit 0.28....

by switching it, I can buy back some at a lower price.... eg. 0.25

anyway, plan to go to Kenanga growth fund .... lower fee.

Funds that have foreign exposure will only be updated in the next trading day (usual by noon). Only locally traded funds are updated within the same trading days.

for saving account - no issue.
for current acc - maybe the policy is diff as informed.

For those interested to get some good entry point for Mutual Fund.

Today ending KLCI at 143x area.

It will be nice to split your fund into 3 parts.

1 portion, you can head into it at 1400
2nd portion, if the CI continues to go lower, you might take 1370.
Last portion, if 1340.

This is just my opinion only.

You might want to change the entry point to different level though.

not need to switch just top up to get average price PSDF.

my suggestion only.

Buy PIX?

I was thinking first portion around 1300.
2nd-800
3rd-500

Currently still 70% bond 30% equity though.

Wah.. Until 500? Need or not oh?

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Added on September 14, 2011, 6:54 pmBuy PIX, is the fastest de lo if KLCI up

This post has been edited by Bonescythe: Sep 14 2011, 06:54 PM

Maybe prepare a little bit for 500points kua. Unlikely to happen i guess.

Hm.. Mois' triggers actually do-able leh but tweak a bit lar

1st point triggered bought in
continue falling

2nd point triggered bought in
continue falling BUT doesnt hit 3rd point of 500

Instead goes up past 2nd point's trigger say about 3% higher, buy in lar coz going up (strengthening market) and still of value mar

Worse case if KLCI does fall to 500, bro Mois would have another 33% of ammo to buy
Tiuk boh?

Of course same flexibility can apply if fall doesnt hit 2nd point trigger and same reasoning as above.
Just a thought.

This post has been edited by wongmunkeong: Sep 14 2011, 07:19 PM

I think I know already what is bearish trend (now!).
Just, I wonder how you determine that the bearish "get into accumulation trend" ?

Heheh - different folks have different calculations to arrive at the 6 phases of a cycle (recovery, accumulation, bullish, warning, distribution and bearish) and even different time-length.

Generally, as i'm aware (i may NOT be that AWARE ar ), there's:
a. short term (20days+/-)
b. mid term (50 days+/-)
c. long term (200days+/-)

For example talking about KLCI trend:
Based on how the 20days moving average (MA) of KLCI VS 50days MA of KLCI VS current end of day (EOD) of KLCI is, U get the short-mid term trend
Based on how the 50dma VS 200dma VS EOD, U get the mid-long trend

For example of calculation (using the TrendAdvisor book's formula):
IF EOD<50DMA AND EOD>200DMA AND 50DMA>200DMA = Warning mid-long trend
IF EOD<50DMA AND EOD<200DMA AND 50DMA>200DMA = Distribution mid-long trend
IF EOD<50DMA AND EOD<200DMA AND 50DMA<200DMA = Bearish mid-long trend

If U look at the example above, U'll notice the logic (moving from Warning to Bearish) that the fall becomes steeper and steeper.
Similar REVERSE situation for Recovery-->Accumulation-->Bullish

Please note that a trend does NOT go straight down or up, but there is very high probability it'll shift to either "left" or "right" or stay on current trend

REFERENCE: recovery <--> accumulation <--> bullish <--> warning <--> distribution <--> bearish<-->recovery
eg.
Say we're in a bearish trend now
There is high probability that it'll stay in bearish trend (still falling like a stone)
OR slow down while still falling (moving left to distribution)
OR hit bottom and flat line and crawl slowly up (moving right, to recovery)

Note:
+ve trend = recovery (flat line and crawling up), accumulation (steeper climb up), bullish (holy kaka steep climb up)
-ve trend = warning (flat line and crawling down), distribution (steeper fall down), bearish(holy kaka steep fall down)

Quick quiz
Thus, based on probability AND value, the best time to get into equities IF one doesnt have any running investment program is?
AND
if one doesnt have any proper plans (ie. main tikam) when bought in earlier, when would be the best time to get/stay out?


Oh crap.. i just noticed this thing is in PM thread/topic. Most mutual fund investors arent Trend users but i know some agencies are and some (note only some) are adept at getting their customers in/out of equities and into bonds. Please note that i'm not advocating that U use Trend as a tool blindly. I'm sharing it here for U to digest and see if it fits what U want to learn/use and then go do your own entry/exit plans yar. Your mileage may vary and U may have better methodologies

This post has been edited by wongmunkeong: Sep 14 2011, 09:28 PM

totally newbie here
skim thru some pages and see few posts mentioned to use EPF to buy funds

just curious
let say EPF annual interest 5%
is it meant that these funds very ez to outperform EPF?

Thanks .... but, I don't really understand ... haha