"this idea actually work and logical"?
er.. have U calculated the cost & time to execute? Done it hands-on? worth the hassle?

NEXT!

This post has been edited by wongmunkeong: Aug 9 2013, 11:43 PM

PM will be charging 1% on all bond funds (except PINBOND)...

Fed's chairman changing bro - good scare still a-coming. Something to think about if U want to go gung-ho.

me - bought a nibble on SREITs - malls in Indonesia punya lagi (Indonesia's JSE dropped about 20% from peak.. today still dropping 4%-5%+)
er.. only 2%ish of my total portfolio, not "sai lang"

EPF for 2014 Jan onwards: http://www.kwsp.gov.my/portal/documents/10...ANUARY_2014.pdf
New MINIMUM savings table for age base

Just thinking of Impact:
EPF A/C1 withdrawals for mutual funds / stocks?

YKLooi - if U cheesed off enough, U can give PubMut a call & "golden finger" the fler for:
a. Having U pre-sign forms (a big no-no officially)
b. buta buta execute without checking with U

Note though, your agent may kena cut. Thus, do only if REALLY dang angry yar.

Just a thought

This post has been edited by wongmunkeong: Sep 5 2013, 09:46 PM

Pardon moi.. i'm from software & systems engineering.
If U are a true engineer, the financial concepts are simple in comparison.
Anyhow, if U wish NOT to understand (it is very clear in Pink's link + pie example) & want to be spoon-fed, U may want to stay with FD or else U may be building an "unstable" investment methodology - ie. dangerous for U

Just a thought

This post has been edited by wongmunkeong: Nov 20 2013, 08:13 AM

"youngster" gua (in mind) - generation gap thinking.
i'd rather a sifu that whacks me AND teaches me right things
VS
an idiot that talks nice & teach me nothing / wrong things

bb100, since U are a researcher - research the "underlying assets of a mutual fund"
from there, U will understand that:
NAV of mutual fund A VS NAV of mutual fund B
is akin to Name A vs Name B,
for the process of investment switching/changes.

without the basis of understanding the "underlying assets of a mutual fund",
U are trying to "learn how to run" before learning to walk.

Just a thought

This post has been edited by wongmunkeong: Nov 20 2013, 11:24 AM

Referring to general English language - http://en.wikipedia.org/wiki/Idiot
U've problems with my usage of English ar?

This post has been edited by wongmunkeong: Nov 20 2013, 03:55 PM

er.. just to clarify before responding:
U mean U want to buy the Group Life Term Insurance called "Mutual Life Plus 2", not funds right?
http://www.publicmutual.com.my/LinkClick.a...oXw%3d&tabid=69

and wanna know qualifying terms (ie. how much one needs to be invested VS how much of the insurance one can buy?)

Based on info BEFORE AIA took over GE as the insurer (very old handbook):

An investor with PM can buy as much as:
Insurance Premium <= Investments' value held

eg.
I've $50K in PIX and i want to buy the $500K coverage which premium is $5K+
Assuming i'm below 50 ($500K is for below 50), no issues, game on
(to apply lar, then AIA may ask me to go checkup lar, what not lar, )

Note - after AIA took over, i've not noticed any updates, thus i assUme it's the same
Thus, i stand to be corrected by my betters.

ooh MGQP 10: Premium 1

TQ - heheh paiseh, i dont "sell" these, personal consumption only for family.
dang good cost:risk coverage

- deleted -
caffeine tak cukup, maths failed

This post has been edited by wongmunkeong: Dec 4 2013, 12:55 PM

Mutual Gold Qualifying Points
http://www.publicmutual.com.my/MutualGold/...mulateMGQP.aspx

This post has been edited by wongmunkeong: Dec 4 2013, 01:53 PM

IMHO, take it with some statistical pinch of salt .

Based on my own tracking - yes, one should lower a fund that:
has already run-up ABOVE it's X years' moving average +Std Deviation (eg. 3years moving average + 3years std deviation)
Logic: The fund is achieving its outlier returns and based on "revision to mean" and the average performance, it will go down sooner or later.

Of course, similarly, one can also apply the opposite of the above to accumulate more of a fund that is
below X years' moving average - Std Deviation (eg. 3years moving average - 3years std deviation).

Both the above are based on "average returns" and "revision to mean". It's semi-crystal ball gazing - it's a sure thing. The only problem is WHEN (it will drop after hitting outlier returns or when it will climb after hitting outlier lows)

Just a thought

This post has been edited by wongmunkeong: Jan 12 2014, 04:42 PM

Just ranting...

It's getting to the point where i'm heavily considering moving all my cash into local ETFs & overseas ETFs.
The bloody annual mgt fees % is a killer VS ETFs
AND
i don't get proper "asset allocation" as these mutual funds are usually not >80%+ in the equities VS ETFs
ie. in essence i may be holding more "cash" than the cash in my flexi mortgage account thanks to the cash held by these mutual funds". screws up my asset allocation.

FSM does help lower initial costs and i'm grateful.
However.. as things accumulate and one can transact cost-efficiently (ie. big enough purchases) for ETFs, the pain becomes more on the "yearly management fees"

As for EPF A/C1... aargh! *^%$!
Stuck between EPF, mutual funds and self-directed investments into KLSE which still have to pay mutual fund-like costs.


This post has been edited by wongmunkeong: Jan 14 2014, 11:54 AM

Like Wil-I-Am stated, perhaps in future, best to be more specific.

Since it's CNY mood, share share lar a bit

Attached are 3 funds that i'm holding with specific transactions from 2009 or before until now.
Other funds i've deleted 2009 and before transactions due to asset re-allocation or just closing down the fund for my investment.

The 3 funds are:
1. EastSpringInvestments SmallCaps (yes yes this is PM thread but this gives one an idea right - especially comparable to PM's SmallCaps)
Done adhoc & lump sum


2. PFES done monthly DCA via agent's pink


3. PSSF done quarterly via EPF and value averaging



To me, bottom line (including my other funds already sold off / SWITCHED due to asset reallocation or closing down):
a. When markets are crazily depressed (manic depressive), buy MUCH more on top of DCA or value averaging
b. When don't know where market heading (ie. it's not high or low), DCA or value averaging
c. Wehn markets are crazily elated (lots of ppl talking - just like REITs in last half 2012 to 2013), better taper off / asset reallocation or value averaging only (not DCA)

BIG FAT NOTE: Always have enough emergency funds to avoid selling-off investments at inappropriate times.
When i buy, i can hold for minimum 1 year, expected 3 to 5 years, forever until forced to asset rebalance if possible

Just a thought

This post has been edited by wongmunkeong: Jan 29 2014, 10:48 AM

Susan-hubby, i'm anal-retentive mar hehe.
Didn't type specially for asker lar - unless asker hot SYT lar

I track per transaction and even redistribute re-invested units based on units held before dividend reinvestment.
Gives me ultra-clear details when needed - to continue OR chop OR rebalance within sub-asset.

Thus, kinda easy for me to just hide lots of other details and snapshot for asker - was just lazy yesterday to "play" heheh.

ALL costs are included where & when it occurs
eg. Entry/Purchase service charge cost, mgt fees (reflected in daily NAV), SWITCHING IN, etc.

Pls keep in mind (in any situation):
Flower sellers usually say flowers smell good
Diamond sellers usually say diamonds are forever, say it with a diamond
Gold sellers usually say gold is real $, not fiat $
etc.
All based on self interest, NOT YOURS.

Better than FD in WHAT situations and WHY? The devil's in the details

What i'd suggest is, don't be looking only at Pub Mut - U may want to look at Fundsupermart as well.
However, even better, U may want to look at what is "Asset Allocation", "Dollar Cost Averaging", "Value Cost Averaging" then only U'd have the "lay of the land" to execute properly.

Then again, if you're a typical fellow - heck, why not, just do it - Public Mutual and other agents needs more investors for their livelihood.

Just a thought respect:

hm... so many newbies getting into "the game" suddenly...
time to "take some off the table"?
in addition, in US, the level of leverage for investing/trading in stocks has gone back up to all time high. <worried>