No, not at all. I don't buy/sell.

Since I am at the accumulation phase, I buy more than I sell.

What I am trying to achieve is to buy at the low or during the downtrend since my I am a defensive/dividend type investor.

I don't really care much about capital gain, to me that is a bonus. But I am more concern with dividend which I reinvest. I build my wealth this way.

Xuzen

Oic..after you sell, where you keep your money before any downturn? Juz curios

what is the NAV for the downtrend for you ?

Not every time PM fund hv downtrend when got then all the fund in the same scenario/momentum.

Or you downtrend after the distribution?

Hi Xuzen,

Sorry for interruption. Would like to ask whether you will going buy (add unit) in the same fund again after unit declared the dividend?

Thanks.

Hi s.kickin

UT dont give dividend but distribution, the reason you may see NAV drop after the distribution date..

For me persoanlly i prefer topup fund after distribution, i dont like to see fund NAV go down when then coming distibution.

Felix,

Is this normal practise after the distribution for many people there?

Im not sure other Sifu pratice, this is my way.

do you mind to share your enter and exit parameter? have you switch your funds to money market / bond funds before announce election date?

Running with the bull... and how not to get trampled?

If you’re holding the right funds (as moi ), the emotion is high and at the same time, a bit scary too.

(FYI, the fastest horse has clocked 14.9% this year... vs. -2.0% on a lame horse).

Top-up? Hmmm, scared the bull run will suddenly stop.

Pull-out? Hmmm, looks like the bull will keep running, and running, and running...

So how? Maybe top-up bit by bit, every 2 weeks... and pray that the bull will keep running till it clear the 3-mths switch-out penalty...

What if 3-mths line is not cleared? Just eat the penalty fee lo... (and hope the fast horse already clear the 0.75% line... LOL )

one way to die standing too!

cannot simply throw money on bets like this leh... betting on NAV price alone will sure die standing...

".... touching the lower limit of Bollinger band and when the Fast MA cross the Slow MA from the top. "

Above quote is from a master sifu... 2 pages or so back...

My rookie way is enter when fast moving average crossed slow MA from the bottom and 'ride the bull till I dropped/fainted/scared/whatever'.

"JPB, which fund is the 14%?"

Hi Pink,
Public Indonesia Select Fund

But I don't like this horse... too fast for me, beginner rider... a slower horse fit me just nice; which I mentioned several times in previous posts.

This horse may still have more fuel to carry on.

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=3231

I liken such fast horse to a cavalry unit in ancient army...

First to charge at the enemy...
Top notch kill rate, 1 cavalry can kill many enemies...
...also among the first to die in battle

This post has been edited by Pink Spider: Mar 9 2013, 06:11 PM

I told Felix the same too, we simply cannot bet (well, UTs are not for betting at the first place ) like this, UTs are not like individual stocks where u can employ technical analysis to establish entry/exit points.

Im not bet MY aplogize but im long term keeping 3years
I hv several fund(Diversify) at Public Mutual & OSKUOB which hv different Financial Date. (Distribution declare if got on that year)

Im doing DCA, i wont periodicaly topup on ONE particluar Fund for whole year, except it below inital NAV, like PCSF.
My topup mostly once for that fund per year, but my topup will put at different egg fund.


For me persoanlly if the fund declared distirbution i will put my topup on that fund during the time i hv money
While some fund are coming to declare distribuiton for the coming month then my next plan for toping will on that fund.

If i dont hv appetited for Fund(Bond or Equity) then my saving will accumulation for stock.


Another reason im type buy low risk, i not interest to chase flying high fund NAV and especially near to distribution date( after the distibution NAV will lower), becoz i know it will take me more then 6 month the fund move back the cost i topup and incase any crisis happen i wont see the NAV back to price i topup. Fund and Stock work differently where stock once are good can fly above and it wont back to the price of the IPO especially those old old stock like DuthLady,Nestle, Panamy, etc, while fund go HIGH when the GOOD TIME and LOW when BAD time back to intial NAV.


Currently i hv 5 fund at PM, 1-fund using EPF at PM & 1 fund at OSKUOB. Im not greedy to hv more then 12 fund, becoz i know when come the time i want to topup i will struggle which fund shld allocated. Im simple mind topup 1 fund at the 1 time, i not fancy to break my money$$ to put at severaly fund at the same time.

I believe PM will create new fund then the price at inital NAV, then i preference look for new opportunity when all the fund are HIGH in Good time. BAd time the stock value drop same to ppl panic cash out from the fund, then the NAV will drop to Initial NAV (example PRSF)

Forgive me , that how i do my investment strategic at PM


Hi j.passing.by,
How you do TA using Bollinger on Public Mutual ? I didnt know any software and TA can apply on FUND.

Can share...i would like know.


Happy dinner time..

This post has been edited by felixmask: Mar 9 2013, 09:30 PM

1. NAV is irrelevant to my decision making when making an entry or exit of a fund.

2. I have written this before, the parameters that are important to me for choosing a fund are:
i) Its ROI, its standard deviation, its correlation with its benchmark, its beta wrt the benchmark.

ii) My entry point is when the fund benchmark hits the bottom of bollinger band or RSI is oversold or when Fast Moving MA cross the Slow Moving MA.

iii) My exit point is when I need the money. I.e., when I am 65 or 70 y/o and no longer have an active income.

JPB, I know my decision wrt the fast moving MA is reverse than the prescribed method because I am looking at accumulating dividend type stocks. I want to buy them when their price is low so that the D/Y is high.

If you are chasing capital gain, then the reverse is true, because you want to ride on the wave.

On the other hand:

There is an easy way, very easy way to make sure you buy low; sell high.

Set a fix ratio btw bond and equities. One easy way is to take 100 - your current age (e.g. 35 y/o) Hence it is 65% equities: 35% bond.

Do DCA onto those asset class according to the ratio. Should the market move up and your ratio change from 65:35 to say 70:30; then sell your equities portion to buy into bond to maintain 65:35 equilibrium. This way you will always sell high, buy low.

Xuzen

do you mind to elaborate more on your first statement? do you have the link that you have written before? how do i find the fund benmark & draw those bollinger band or RSI & MA? sorry for asking too many questions.

"Hi j.passing.by,
How you do TA using Bollinger on Public Mutual ? I didnt know any software and TA can apply on FUND. hmm.gif

Can share...i would like know. thumbup.gif"

felixmask, no, I don't do any TA (technical analysis) on Public Mutual; no reason to do so since they are mutual funds spread over a wide range of stocks; so what I do is look at the stock indexes of the whole economy - I think I posted before, something about indices in yahoo.

The quote I used is from Xuzen - a respected poster in this forum. (Those whom I called "sifu" in this forum is an acknowledgement that their views and past posts should be dig back for closer study... especially those new to this forum.)

Bollinger band (which also can be selected, aside from the 20-day MA, 50-day etc. etc,, in yahoo), if I'm not mistaken, is the upper and lower bandwidth which the index could move 'statistically". It shows the upper limit and lower limit... if the index is near the lower limit - then the "possible" drop is not as great as the "possible" climb to the upper limit. Only good for next day outlook... like whether to buy today or tomorrow.

Depending on the fund your looking at (and how much you're "betting"), it may not really matter that much to burst your brains thinking too much, lighting up a few smokes and maybe popping another guinness or two whether to spend RM500 today or tomorrow when the outcome is maybe a difference of 0.12 % or 60 sens.

(You would have saved 60 sens and more by not thinking/analysing about it and seeking inspiration from the smokes and drinks! )

===========

Xuzen, yes, correct... just putting in my alternate view - to remind that there's no such thing as "one size fits all" strategy for all investors. As said, some of postings are for those in same position as me, 2nd stage with nest egg (plus free switchings!)


===========

For those in 1st stage, doing regular savings out of monthly paychecks, why should you wait for the financial year-end and distribution and lower NAV price?

If say, you are doing monthly investment (DDI or whatever) for a period of 5 or more years, what's the difference buying this week or the next week or at the end of the month?

Let's put it this way - the monthly investment is 1/60th or 1.67% of the total investment (in 5 years). How much do you think the NAV price should drop and affect the 1.67% and in turn, critically jeopardised the whole investment?


===========

Pink, am not a student of Sun Tzu.

Just common sense like not going out to the sea when dark clouds are forming in the sky.


Cheers, happy investing!

=============

P.S. By the way, the NAV price drop after distribution is an "artificial" drop. It does not means that the fund has dropped in value, nor does it means that the fund has become cheaper to buy. PLEASE READ THIS AGAIN until you really understand what I'm saying... it is a very important fundamental fact that every investors should know, not to be brush off or be dismissed... ask for clarification if you still don't understand.


This post has been edited by j.passing.by: Mar 10 2013, 04:58 PM

Look at post #681 of page 35 of this thread.

I can find those info because I am a UTC agent myself and I have access to fund house internal data.

I can find those info because I read The Edge Financial Daily.

I can find those info because my goggle-lism is strong.

Xuzen

This post has been edited by xuzen: Mar 10 2013, 05:10 PM

All sifus (xuzen, felix, j.passing.by),

Wow.. Really good guidance. Lets me digest these 2 days posting from you guys before i can proceed with more question.

Thanks.