Of my offshore funds, OSK-UOB Global Equity Yield held up well, most likely due to strong US & Europe markets performance

This post has been edited by Pink Spider: May 16 2013, 09:02 PM

Quoting @transit

> 1. Do nothing. A conscious and thoughtful decision to do nothing is still a form of action.

Too broad. Depends on what you did previously, and how you deal with things in general. If you previously made a mistake, you must act to correct it - doing nothing is the worst course of action in such circumstances.

> 2. Your money is like soap. To quote Gene Fama Jr., a famed economist, “Your money is like soap. The more you handle it, the less you’ll have.”

That's a really uneducated comment. With some people, it is known as leverage to make it grow, with others it is a bottomless pit. It depends.

> 3. Never sell equities in a down market. If your funds are allocated correctly, you should never have a need to sell equities during a down market cycle. This holds true even if you are taking income. Just as you wouldn’t run out and put a for sale sign on your home when the housing market turns south, don’t be rash to sell equities when the stock market goes through a bear cycle. Wait it out.

"If your funds are allocated correctly" - that's the key point. How many people actually know what is the correct allocation, and stick to that belief "come hell or high water"? In a down market, companies can and do go belly-up. If you wait, you will lose even more.

> 4. Science works. It’s been academically proven that a disciplined approach to investing delivers higher market returns. Yeah, it’s boring; but it works.

No, investment is not Science. It's Art. In Science, if you follow the same methods exactly, you get the same results. In investments, you don't. Therein lies the difference.

This post has been edited by howszat: May 16 2013, 09:09 PM

Mine some up some down, overall still slightly up

Haha my topped up funds for amasia reits also - yield now.. Aduh

Thinking to top up this fund again end of month.. Thoughts?

All my funds are still green but OU EMB is in red now.

EM now your IRR how much?

Mine all green except gold and energy fund which i still hold very little like few hundred only after cut loss 2-3 months back.

Based on yesterday NAV, ROI: -0.31% and IRR: -0.36%

wat is IRR that we are looking at? I tot we owes looking at absolute return?

Simple ROI doesn't factor in time, if your ROI is 10% but you holding it for 5 years, it still not beating conventional fix deposits.
IRR will factor in time of holding in your return. Annualized..

oh IRR is basically annualized return? So longer i hold, the more accurate it is?

Ya... after 1-2 and above years, the more accurate. I still having funds with IRR 20 - 70% which I hold less than a year.

ROI mimics an absolute return without taking into account the time period. To get a better feel of your returns, it is best to annualize your ROI. If your annualized return is 3% or lesser, it would make more sense to keep it in conventional FD.

To annualize returns, try this formula:

Annualized return =[(1+ROI)^(1/n)] - 1

Where ROI is quoted in decimal points, while n denotes the number of years of investment holdings.

Example:
Portfolio ROI for the past three years is 50%. The annualized return is then:

Annualized return = [(1 + 0.50)^(1/3)] - 1 = 14.47% (Which can generally be translated to your capital growing at a rate of 14.47% per year in the past 3 years)

oh ok... i tot annualized just basically the total divide by the yrs? haha..

This can be used for single investment outlay i.e. no top ups. If there are subsequent top ups, u need to use IRR calculator.

If you're looking at simple returns then yes, just divide it by the number of years as a rough gauge. If you're looking at a compounded return, then you have to use the formula as I've shown in the previous reply.

Yes, agree!

I guess I'm the lucky few who still enjoy positive above-FD IRR on OUEMBF

By the way, Yen is weakening and expected to drop further? Although the performance looks promising but yen keep dropping.

Yen weakening is good for Japanese companies who have large overseas business. Automobile and CE manufacturers will benefit a lot of it!

This will also bring good sentiment to Japanese equities.

If the fund I purchased from SGD and converted to YEN currency, the value depreciates?