Today itself, all my equity funds were down 1.5 - 4.5%! Lost almost 1.5K in a single day.. argghhh

Wah, so fast go for P.Loan.
No need first. Wait for signal.
Market had not even go to a side way trending after a drop, you already so kang chiong. Careful get trap then you will end up in a better mess.

Wait and look for strong signal. Look at Gold Futures, US market + employment data, regional index, then you can resort to this kind of leverages. Don't simply activate your "final game card"...

Bro, U sound like playing Magic The Gathering or some Pokemon Card battle game

Heck the way nearly all equities (stocks/equity funds, metals, commodities) are plunging like a cheap dress' neckline, we may be so confused on WHAT to buy later

Eh, i small that time, play Pokemon Card Trading game de leh..
My game changing card very geng one.. But pokemon and share market is different. Pokemon need to fast fast out powerful card and kill all..
Share market, the faster u reveal ur last card, the faster you die.. Haha.

Don't execute final plan so fast, we are just around 1month to the start of the fresh bear. If u are convince of a bear, at least give it a 3-6 months for a small bear attack, or 6mths to 1 year for a quite big one.

If you don't know which equity to invest.. Then the best way is Equity fund lo. Hahaha.. No need to "fan", they help you to do it lo.. Like this lagi good mah..

Paid those professional fund manager so much fees, still losing ?
They're not selling to protect your capital bcos its your money not their money. Share value drop and still charging management fees doing nothing , keeping asking you're top up, average down so that there is more capital to charge 1.5%, sooner or later almost all your capital will be eaten by them

They don't sell, then you yourself sell lar..

what u expect from FM for panic selling by investors. if UT investors panic sell the units. FM no choice to sell the holding shares with lost too. even god also cannot help during market down trend.

when FM make money during matket uptrend, u happy, not worries abt the charges/fee. its not fair u kutuk FM during market down trend.

its better to lock ur money, rather than kutuk the FM.

It is a common believe among newer fund investors that fund managers will do everything to preserve their capital, but unfortunately that is not the case.

Funds that make heavy use of AGENTS who (vast majority) are only interested in you topping up (and hence topping up their commissions) doesn't help the situation.

One thing is clear - an investor still has to manage the funds they hold in addition to what the Fund Managers are doing. Exactly how is where this thread contains a variety of viewpoints.

Yeap, very agree!! You should have sold off all those holding. Market down, don't blame FM. FM is human. Market down, even Warren Buffett can't do much, maybe do 1 small trick only for 1 time only.
Market down, no matter how good u are, it will surely go downwards.

Investors sell because the market is dropping. Why didn't the Fund managers sell earlier so the loss is not so big? What are they actually paid for?

Sure, investors pay commission, so why can't they expect performance? Why do they need Fund manager to lose money? I can lose money without paying anyone to do it.

Fund managers, through agents say all sorts of things to get people to invest. Investors have a right to question them.

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Added on September 23, 2011, 11:48 pmReally?

So what's the point of investors buying from Fund managers rather than just investing directly themselves? What's the point of paying the service charge, management fees etc and all that?


This post has been edited by howszat: Sep 23 2011, 11:48 PM

sometimes when i see people complaining about losing money or stock market dive so much etc, i wonder whether these people understand the risks of buying equity fund.

for me, if you worries too much on your fund performance or money loss in the short term, that only means the equity fund that you've invested are too risky for your liking. you should find another fund with lesser risk.

as long as your investment objective is for long term gain and you're not in urgent use of money, just take the temporary set back as buying opportunities. just buy in portions as the market turns down.

switching funds, especially PM funds, are not cost effective, unless ur switching big amount of $.

Actually, it can be very cost effective. The switching amount has nothing to do with it, as it depends on the total amount invested in equities-related funds.

Investment always come with a risk. The risk to lose, and the risk paid to gain.
Yes, you might lambaste the FM.. But, turnaround, what if they sell, and market work up to 1700 point?
Are you going to tell FM why they are so stupid to sell, knowing that there will be a rebound.

Don't blame all the losses to FM. FM is still human. Even though FM want to exit market, you think it can happen fortnightly. They need to throw stage by stage as well, because throwing all out in a sudden, you will see the losses even more happening. Probably they "FM" already disposing earlier?

Best is that investor are educated enough to make decision. If u are investing without knowing that the world is gong, then u are playing a risky game

That sounds like the sort of things I might do. So I pay the FM service charges and management fees and all that and it turns out he is doing the same stupid things I might do. I can tell you that FM did nothing when the market dropped like nobody;'s business in 2008. Sorry, that's not the idea of capital preservation - if you know what that means. But apparently, I cannot blame it on him. So I repeat - why should I pay the FM to do those things I can do myself without paying additional charges?

You have got a point. Lots of things I cannot blame the FM on.

No point in paying the FM service charges, management fees then?

if u understand what FM do, u wont be sitting here complaining, or invest in unit trust. u would have become a FM urself.
It is not as easy as buy and sell.

some ppl might ask why they dun sell before the stock collapsed. all i can say is they are professionals not time travellers or fortune tellers.

Go invest in stock and experience it urself.

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Added on September 24, 2011, 12:26 amThis post has been edited by ben5173: Sep 24 2011, 12:26 AM

Long term? until when? invest 1 year all the syiok sendiri profit suddenly disappear, capital also become less, so now start all over again? all the fees paid consider donation? if every 3 years like this, when can fatt tat? become FM better laa making money not making still charging management fees. FM use mouth water, other paid with hard earn money

Bro. Investment is like that one eh. Or u want 7-9% steady one?

Yes, they are not fortune tellers, and neither are investors.

The question remains - what are investors paying them for? Especially when they can invest in stock and experience it themselves without paying FMs a single sen?

does "invest" this means anything to u?

for that kind of mindset, the only thing tat suits u is FD.

DO prospectors says, FM will sell all the holding in one time or earlier? every investor MUST UNDERSTAND ABT THE RISK before enter the market. not enter blindly and kutuk FM.

DO prospectors says, FM never loss money??

agreed, invtors has rights to Q, but they still need to pay them to Q.

u may lose ur money without paying FM, how much ur holding? RM100mil, RM500mil , RM1bil. do u think its easy to manage the millions/billions?

FM responbility is to max the FUND value, the fund value may up or down follow the market trend. u cannot axpect FM can do miracle during market down trend.

if u can manage ur self, dont come to UT. if u come to UT, better underatnd abt the UT concept/risk/charges.

dont buy the product which u dont understand.