Really? Their CIS told you that? If 2-3k, for grand price I will forget it la. If got at least 5k, will still consider..
Can always go to Chillis for a beer... Hehe, I think probability will spend more money on that day comparing with my usual days la, if didn't win lagi over spend..l

This post has been edited by Kaka23: Jan 19 2013, 05:51 PM

Nope - not CIS say. i'm "reading" between the lines hehe - trying to psych myself off it
Yeah, exactly - spend more on other stuff than save in terms of SC

North Asia is Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan & etc ?

Off-topic a bit:

Wong Seafood,

Your 12 months of reserve funds, the "12" is multiple of your MONTHLY EXPENSES, or multiple of your NET MONTHLY INCOME?

Read from your blog that u maintain 3 months in bonds or equivalent. Then if the value has grown, do u withdraw the gain and switch elsewhere, or u leave it there to grow?

Please advise your humble Padawan

No la bro.. mor elike Greater China reagion

Dear sifu,
I Just bought in RM 1k Hwang Asia Quantum Fund Last month.
Now the Profit is around 10%.
I'm thinking to top up in this month or else wait its NAV price drop a little lit 1st?

The equity market is pretty hot lately IMHO.

I'm planning to lock profit and/or repurchase some funds.

What you guys think?

Yo Pink!

"12" * average monthly expenses (ie. i tracked 1 year's expenses then divided by 12).

My 3 months' bonds/equivalent has grown to nearly 6 months' worth of monthly expenses liao heheh - due to growth + added $.
I think that particular post U read was like in 2008 or 2009 right? Looong time haven't put in details like those liao as the solid basics are so... basic

BTW, currently half of my emergency reserves are in cash equivalents + half in bond equivalents, still "similar" as those 2008 / 2009 days hehe, +/- a bit lar the ratio.

David-san, have your net profits for those transactions/entries hit > 50% in less than 1 year's holding?
OR
25%pa if more than 1 year's holding?

If it's just like 10% like the other fellow forumer's posting before yours, no biggie mar.
In, out, in, out susah leh (to me lar) for mutual funds.
I mean, in the sense that it's a basket of stocks and sometimes, don't even know from exactly which country heheh
VS
direct stocks / REITs, which we'll know exactly and where the ups/downs are directly tied to one stock/REITs

BTW, just to share:
a. My PFEPRF entries for early 2009 hit net profit of about 70% in less than a year.
I SWITCH out all my costs & left profits to run.
I noticed that after that crazy 70% run up, it tapered off and up till Nov last year, was "only" 21.71%pa compounded.

b. My Public Bank + LPI bought early 2009 - ran & ran until 2011.
i sold when it plateaued - simple net profit of about 130%+/- or about 43%pa compounded

c. PRE-2008, i noticed mutual funds that i bought in 1990s hitting 25%pa to 29%pa compounded and plateaued awhile until 2008 whammy came.
Note that, based on PM's PIX and older equity funds, in a long run (10 or more years), the CAGR of better funds ranges only 7%+ to 9%+

Thus, based on the above + other transactions i've tracked:
There seems to be a threshold of "abnormally high" runs when certain amount should be locked-in or to use for better buys/values.
Haven't crunched the numbers yet as i'm unsure where/how to start heheh

Just a thought

I think market will continue to do better..

If purely MY focus, then can consider. But I don't plan to lock, coz my profit not much in terms of absolute value.

tu la sya hairan then it should be mention far east instead of north Asia.

Maybe can top up... I am planning to do it till Q2 this year. Then let it roll by itself. Unless I see significant drop in NAV, then will buy in lo..

Can tell exactly what are those?

My portfolio approach:

Asia Ex-Japan small-mid cap equity make up 15% of my equity allocation
Asia Pac REITs also 15%
Malaysian equities 10%
GEM equities 30%
Global equities 30%

I try to maintain it that way always, i.e. let's say I have RM1,000 to top up, I will allocate RM300 to global equity, RM300 to GEM, RM100 to MYR equity, RM150 to Asia Pac REITs and RM150 to Asia EJ small-mid caps.

Let's say Hwang AQ had a good run recently whereas global equity did not do too well, I will stop topping up Hwang AQ and allocate more to global equity.

Thank You For Ur Explanation.
GEM Stands for Growth and Emerging-Market?
Ur approach didn't included Bond Fund?
I'm thinking to let go my UOB-OSK Emerging Market Bond Fund, any point of view on this particular bond fund?

Gem = global emerging market

That is the equity portion of my portfolio, which is currently 70% bond 30% equities. I'm gradually moving toward 60/40

This post has been edited by Pink Spider: Jan 20 2013, 02:33 AM

Cash & Cash equivalents (in context of emergency buffer storage area) to me are:
Savings a/c, fixed deposit, prepayments in flexi mortgage, money market fund (there like FSM's CMF), transaction a/c in HLeB which attracts FD rate while sitting around

Bonds & Bond equivalents (in context of emergency buffer storage area) to me are:
Gov savings bonds, sukuks, bond funds, bond ETF (eg. ABFMY1 http://www.ambankgroup.com/sites/abfmy1/en...s/default.aspx)
Note: if for investment assets', i categorize my EPF under bond equivalents too

This may be of interest to fellow forumers thinking of "doom & gloom" or "too hot now". Note - i'm not advocating "sai lang" or "show hand" approach to buying equities yar, some semblance of asset allocation is my personal approach.

How the market works: Time dependency of bull markets
http://www.scribd.com/doc/120857889/Time-d...of-bull-markets

BTW, my personal "shock control expectation" for investing is based on a cycle of 5 years, 3 years +ve, 1 year -ve, 1 year hanging around (side ways-ish) based on my own Excel cooking + "i think, i feel", no hardcore stats. The above article came out with the nice & readable stats.

This post has been edited by wongmunkeong: Jan 20 2013, 07:24 AM

Thanks for clarifying

Currently my emergency reserves are in multiples of my net income. Feel that I'm putting aside too much earning a meagre 3.2-4% p.a.

This post has been edited by Pink Spider: Jan 20 2013, 11:48 AM