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Fundsupermart - Invest Globally and Profitably, Discussion on investment through FSM
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kimyee73
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Feb 22 2013, 07:17 AM
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QUOTE(Pink Spider @ Feb 21 2013, 05:13 PM) if u can manage stocks and options, UTs are peanuts  Actually quite different as I'm a trend follower ie I don't care about fundamental, purely technical trading. The longest I'll hold is 2 months. So UT would be a challenge to manage since I'll be holding it for years and fund performance is important. Only reason I'm in UT is for my EPF and wifey saving.
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kimyee73
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Feb 22 2013, 07:31 AM
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QUOTE(felixmask @ Feb 21 2013, 04:11 PM) 10k- require 1 million and 10% yield. How ben3003 progress to archieve ? If purely UT, very hard la. Need to go for higher risk like stock options and commodity. Can achieve 10K per month even with 300K capital.
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kimyee73
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Feb 22 2013, 07:39 AM
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QUOTE(Pink Spider @ Feb 21 2013, 05:29 PM) BULLSH*T! Price of gold mining companies' stocks CAN fall even when gold prices are rising (as in the case in 2012). http://www.oskuob.com.my/OSKUOB/index.jspBasically u take no. of units u hold multiplied by the current price, e.g. u have 1,000 units, current price is RM1.250, so your current value is RM1,250.00 Learn this the hard way. Bought a bunch of AmPrecious Metal more than a year ago and it drop like a rock although gold price went up. Better go with actual gold account in UOB but unfortunately UOB don't provide online trading facility.
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Hapeng
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Feb 22 2013, 07:48 AM
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QUOTE(Pink Spider @ Feb 21 2013, 10:33 PM) i shy, went to sit with aunties  dare not sit with/snap pics with lenglui  noooo! work for fsm or investors? snap pic from far oso nvm ma aiyo
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ben3003
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Feb 22 2013, 07:56 AM
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QUOTE(Pink Spider @ Feb 21 2013, 11:20 PM) waa so nice.. only can use once? or whole life?
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SUSPink Spider
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Feb 22 2013, 07:59 AM
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QUOTE(aronteh @ Feb 22 2013, 03:50 AM) Was seating at CIMB Principal table, that facing the projector screen. Where were you? I was at Amanah Mutual Berhad table...1st table on the right after the entrance. Got a very nice chick at OSK-UOB table (right side of the projector screen) This post has been edited by Pink Spider: Feb 22 2013, 08:00 AM
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SUSPink Spider
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Feb 22 2013, 08:02 AM
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QUOTE(ben3003 @ Feb 22 2013, 07:56 AM) waa so nice.. only can use once? or whole life?  Valid til 1st March 2013, use once only, but can use for multiple purchases e.g. buy Fund A, Fund B, Fund C and Fund D in same day, all get 0.88% SC. QUOTE(Hapeng @ Feb 22 2013, 07:48 AM) noooo! work for fsm or investors? snap pic from far oso nvm ma aiyo FSM staff. This post has been edited by Pink Spider: Feb 22 2013, 08:04 AM
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SUSPink Spider
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Feb 22 2013, 08:16 AM
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QUOTE(kimyee73 @ Feb 22 2013, 07:39 AM) Learn this the hard way. Bought a bunch of AmPrecious Metal more than a year ago and it drop like a rock although gold price went up. Better go with actual gold account in UOB but unfortunately UOB don't provide online trading facility. That's why ppl say, READ THE PROSPECTUS!  but with physical gold, if gold prices move sideway, u earn nothing. Gold funds like OUGGF and APM u earn dividends from the companies. This post has been edited by Pink Spider: Feb 22 2013, 08:17 AM
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SUSDavid83
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Feb 22 2013, 08:19 AM
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Luckily I didn't buy gold or commodities related fund at all.
Got one time I didn't wanted to jump into AmPrecious Metal.
Was choosing between AmPrecious Metal and AmAsia Pacific REIT.
Finally made mind with later one and it was a right decision. ROI: 9.86%, XIRR: 18.18%
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felixmask
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Feb 22 2013, 08:39 AM
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QUOTE(kimyee73 @ Feb 22 2013, 07:31 AM) If purely UT, very hard la. Need to go for higher risk like stock options and commodity. Can achieve 10K per month even with 300K capital. to archieve rm300k also need 5-10 year of saving.
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SUSPink Spider
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Feb 22 2013, 08:40 AM
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QUOTE(David83 @ Feb 22 2013, 08:19 AM) Luckily I didn't buy gold or commodities related fund at all. Got one time I didn't wanted to jump into AmPrecious Metal. Was choosing between AmPrecious Metal and AmAsia Pacific REIT. Finally made mind with later one and it was a right decision. ROI: 9.86%, XIRR: 18.18%Dave, FINALLY u grasped IRR?
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gark
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Feb 22 2013, 09:35 AM
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QUOTE(jutamind @ Feb 21 2013, 08:47 PM) for those who buy from FSM SG, how do you pay for the purchase? By purchase and then TT to cash fund. From cash fund then buy...
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gark
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Feb 22 2013, 09:36 AM
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QUOTE(Pink Spider @ Feb 22 2013, 07:59 AM) I was at Amanah Mutual Berhad table...1st table on the right after the entrance. Got a very nice chick at OSK-UOB table (right side of the projector screen)  Wah ... you all looking for investment OR looking for future wife? I though that is investment seminar not dating seminar? This post has been edited by gark: Feb 22 2013, 09:36 AM
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SUSDavid83
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Feb 22 2013, 09:37 AM
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QUOTE(Pink Spider @ Feb 22 2013, 08:40 AM) Dave, FINALLY u grasped IRR?  I found out an article and EXCEL tutorial on it.
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gark
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Feb 22 2013, 09:38 AM
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QUOTE(wongmunkeong @ Feb 21 2013, 09:21 PM) Gark-san, $1M USD or Pound sterling still quite ok leh  $1M RM or Vietnamese Dong then  Ya lor.. $1 M RM, nowdays no feel. Almost everyone that own at least 1 property in klang Valley is now a millionaire...
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gark
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Feb 22 2013, 09:40 AM
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QUOTE(ben3003 @ Feb 21 2013, 07:47 PM) depends on the company u working in, u whole life work in chinamen company u think u get 1million? not all employers think like tat, of coz it a basis that they pay u depend on how much can make the company profit. But different employers different way, 1 company 1 yr turnover 2mil, maybe they pay u 2k only when u die die find 2mil business for them? Different employers different expectations, as i said, u need alot of luck. well, i din even touch about investing and spending, i mean ur net salary from the company. An employee in Shell if ur total salary gained is below 3mil when u retire is consider puny. I believe Oil and Gas is different thing, the company like exxon net profit 40bn USD a year after they pay all ur salary, that's why salary big. getting 40-60k per month as a department manager in shell is not something big. So anyone plan to come over to work here?  Maybe you got wrong perception about chinaman company, some chinaman company pays very competitively, especially those larger ones...
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jerrymax
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Feb 22 2013, 09:42 AM
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Taiwan-based company also considered as chinaman company?
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SUSPink Spider
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Feb 22 2013, 09:58 AM
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QUOTE(gark @ Feb 22 2013, 09:36 AM) Wah ... you all looking for investment OR looking for future wife? I though that is investment seminar not dating seminar?  aku single, available, lonely and desperate
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youngman28
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Feb 22 2013, 10:17 AM
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Getting Started

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QUOTE(gark @ Feb 22 2013, 10:38 AM) Ya lor.. $1 M RM, nowdays no feel. Almost everyone that own at least 1 property in klang Valley is now a millionaire...  RM 1 million is on paper only, not many people have RM 1 million in cash.
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SUSPink Spider
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Feb 22 2013, 10:25 AM
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Yea just remembered to share...
FSM got a new Rewards Programme, clients with assets invested RM750,000 and above will get "Platinum" status, enjoying SC discount of 0.75% if my memory did not fail me
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