QUOTE(kparam77 @ Aug 16 2012, 07:09 PM)
If ur intention is to continue with UT, my suggestion will be diff.
It’s not a good idea to top up anymore if u plan to exit? If u want to continue, u can do DDI.
Starting DDI, never shorten the time. may be lump sum top up will do if the price recovered to original price in short time.
Let say if u invested rm50k, If u bougth the unit at rm1. If the price 0.50 now. U need to invest another rm25k. assuming the fund is recovering, the price is need to back to rm1 to recover old lost. How abt ur additional rm25K? so, the price shud at least to go up to rm1.25 for the break even for RM75k. (ur total investment) this is by applying lump sump only.
Rm50k
Unit price =rm1
Total units = 50k
Rm25k
Unit price = rm0.50
Total units = 50k
Cost per unit = rm75k/100k
= rm1.25
Do you think by DDI, u can achieve it in short time to recover the lost?. I don’t think so for current market condition.
DDI is for buy less unit for higher price and more units for cheaper price. Every units u buy need to work for u to give profits. Its will take some time. The longer u hold/DDI, the higher the rewards. Of course, the fund shud perform well the time u exit with profits. Ur cost per units shud be cheaper than market price.
My suggestion is to avoid any more top up and recover from wat u hv now. Switch all to bond funds now. My suggestion to public sukuk fund. Switch back to local equity funds when the time is favorable for u.
U can ask other forumers abt forign funds, I’m a local funds lover.
Maybe ur agent can guides you better.
Wat is the investment in ur mind now?
Why u want to exit? Is it u lost ur money?This is investment which comes with profits and lost. U shud study the fund(or any investment) first.
sharing only. no right no wrong.
Thanks bro for ur clear explanation. The reason why i decided to quit is because i started my investment 5 years ago and now i am still making lost. I have to admit that during these 5 years, i never put in my own efforts to learn the rules of investment in PMF and i just blindly put my money there by hoping that i will get some returns but after 5 years, i am still making lost and i just felt that it's time to make something right now. Even i put in FD is also better than that IMO but of course i knew my thinking is wrong.
And lastly, I think i should play the games where i know where my strength is. Share market and unit trust is not my strength but i might be more interested to learn on the share market where i got a closed friend that i can discuss face to face more easily.
I think at least now i know low risk fund would be more suitable for me. Learn from mistake i guess?
QUOTE(kparam77 @ Aug 16 2012, 07:50 PM)
alamak my mistake
malu-nya saya.
rm75k/100k = rm0.75
the price shud back to rm0.75 for the breakeven.
Let say if u invested rm50k, If u bougth the unit at rm1. If the price 0.50 now. U need to invest another rm25k. assuming the fund is recovering, the market price is need to reach back to rm0.75 to recover old lost.
RM50k
Unit price =rm1
Total units = 50k
cost per unit = rm1
RM25k
Unit price = rm0.50
Total units = 50k
cost per unit = rm0.50
average cost per unit = rm75k/100k
= rm0.75
QUOTE(j.passing.by @ Aug 16 2012, 08:18 PM)
so now the maths is clear, when to top up or DDI is different, right?
my reply which i was about to post: "As to the last Q, I would prefer to register into the online service and do additional investments myself, and as the minimum additional investment is RM100, maybe take on both funds or either one depending on which fund's price goes lower."
Reason: Buy low, sell high.
---------------------
The longer version which I have typed and about to post:
I got hit almost as bad as you by PCSF and a large percentage of my total funds is also in china and far east funds. My PCSF lost ranges from 41-49%.
(got to put up a brave front and smile!) The plus point is that the calculated lost is included the service charge. But fortunately, some other funds were making gains, so they lessen the blow. Anyway, it is paper lost as the game is still on and not over yet until we quit.
No matter how we fine tune and balance the funds we're holding, it will take some time to recover; it takes 5 years to come to the present situation... so maybe 2.5 years at the earliest to breakeven?
So at least with a certain time frame in mind, we can try to plan and not act too rashly in switching and balancing the funds when things don't seem to be moving or improving; and also in making new investments, especially in lump sums, to chase profits. The market can change directions in an instant, no one can be too sure.
As to the last Q, I would prefer to register into the online service and do additional investments myself, and as the minimum additional investment is RM100, maybe take on both funds or either one depending on which fund's price goes lower.
Cheers. Happy Investing.
And Selamat Hari Raya to all our muslim friends.
I don mind to wait another 2.5 years to recover/breakeven but during that time, i will be even more sad because i have invested the money there for 7.5 years and i just got back what i have invested and not even gain anything. That's why i really need some advice to make good use of that money and i don mind to even top up some money to make the situation better.
Investment in share market and unit trust really need a lot of knowledge like u guys here bro. All the guru-guru here ... Sigh ...
Aug 15 2012, 02:51 PM
Quote
0.0191sec
0.51
7 queries
GZIP Disabled