my guess is - Foreign Exchange concern

ie. some stocks are held in USD / EU / SGD or others
thus, when converting to a strong MYR, it becomes "lower"

similar thing happened to my SG REITs when i convert to MYR (down in "converted to MYR" terms)
however, if i view them as SGD, no down.

Just a thought - may be other causation

2.77% off tangent from your target/planned holding % only mar
when it goes like 20%+/- to 30%+/- off tangent, then only be happy and force a rebalance lar (buy lelong OR sell great run)

Just a thought

mid-end 2011 slump? i remember it well - that's when my FORCED asset re-allocation trigger kicked in and i went gungho on REITs + some other equities (mainly REITs). Still in cloud-9 now for those transactions

Luck = opportunity + readiness
Thank God for luck

This post has been edited by wongmunkeong: May 15 2013, 11:38 AM

abilities during my zzz or fantasizing of certain AV stars yar lar

for investing, to me, there's too many variables - thus i took an idiot-proof method of:
a. overall control structure (Asset Allocation and forced re-allocation triggers & amount )

b. 2 methodologies
+programmatic (DCA / VCA) so that no fear/greed to cloud my simplistic mind
+opportunistic (trend/value) to satisfy ego/hunger for tweaking

c. split my estimated quarterly & yearly resources between the two methodologies

Thus, if i try to screw up or my methodologies screw up, there's a plan B / safety net of AA to control
ie. God, please protect us from ourselves please

Pinky also ada the concept liao.

Bottom line - IMHO, it's our "personal economy" that we shd be triggered, NOT the world's or markets' economy triggers.

eg.
based on Pinky's concept of:
Planned Asset Allocation to hold (AA)
50% equity: 50% fixed income
AND rebalancing if lari 10% of planned:

1. Trigger for FORCED rebalancing is when actual Equity holdings is
a. ABOVE 50%*(1+10%)
or
b. BELOW 50%*(1-10%)

2. Based on Trigger 1(a.) - he can forceably SWITCH OUT / SELL Equities down back to Planned 50%
or if not too gung-ho, perhaps SWITCH / SELL Equities down to 52.50%, just in case rise even higher/more value to sell

3. Based on Trigger 1(b.) - he can forceably SWITCH IN / BUY Equities up back to Planned 50%
or if not too gung-ho, perhaps SWITCH / SELL Equities up to 47.50%, just in case fall even cheaper/more value to buy

Reasoning above:
All our holding's "value" is already determined by markets' forces.
Why hunt one by one market & asset class to determine the trigger?

A more complicated version of the above = add in sub-asset allocation & foreign vs domestic allocation

Just a thought

eh - BOMBASTIC ka?
simple common Yinglish lar - bombastic will mean i bring out shake(my)spear thee thy thou spake etc

This post has been edited by wongmunkeong: May 15 2013, 05:48 PM

eg only mar - rebalance can be lessening one side OR adding to the other.
U & yr Dr Cr

Bro - trigger concept lar.

Put in your own trigger + planned actions based on:
1. Whether U are into bottom fishing (ie. buy more equities when equities tank significantly or buy more bonds when bonds tank significantly)
2. Whether U are into loss cutting
or heck
3. Whether U are into buy high and sell higher

forest, trees neh

This post has been edited by wongmunkeong: May 16 2013, 08:27 AM

Sounds more like "Forced cut-loss" / "flight to safety", rather than "forced re-balancing". Re-balancing - "to bring back to balance or planned" right?
anyhow, semantics only, pardon my Yinglish Nazi-sm


IMHO, the concept works fine... IF kaka really hits the fan, ie. a drop of 40% or more.

------
What if AFTER one cuts lost
eg. shifting from Equities 50: Fixed Income 50
to a defensive stance of Equities 20: Fixed Income 80 triggered by a mere 10% fall in equities
AND
the equity market rises, like in mid-late 2011?

Using similar concept of cut-loss / flight to safety but even upping the trigger to 20% fall in equities
same kaka as above or may be even worse in terms of cost of switching + opportunity lost
------

My point of thoughts are:
1. How many times, when the equities market falls, it fall BEYOND 30%?

2. Being a worker (ie work for $), my major point is that i'm just allocating $ into a few asset classes (and regions).
Thus, like allocating my grocery shopping $.
eg.
For meat - i'd buy chicken if it's cheaper/more value VS lamb, or vice-versa
thus, translating into investment vehicles,
i'd buy equity funds if it's of more value VS fixed income funds.
When will A be of more value than B?
When A's cost (ie price) has fallen enough.

Just a personal thought concept yar - investing and trading is a mix of art & science. No perfect right/wrong approach
If it's just art - i'll be dead in the water (my EQ sucks )
If it's just science/maths - all the ivory tower professors & accountants will be multi-millionaires

This post has been edited by wongmunkeong: May 16 2013, 08:54 AM

Just to share:
Emailed FSM on "Transfer-In Your Holdings & Enjoy 2x The Rewards" promo http://www.fundsupermart.com.my/main/resea...?articleNo=3404

Asked: Can i utilize the "discount of 1% SC for investments up to the amount transferred" (ends Dec 2013) together with
a. 1% token, thus 0% service charge?
b. silver/gold status discount, thus 0.75% or 0.5% service charge?

Jennifer called
a. & b. tak boleh (ie. cannot piggyback)

UPDATES - kaka... total miscommunication for item 1 & 2. (deleted) as i clarified item by item, process by process with Eugene.


Oh well.. market STILL crashing + i've a few 1% tokens to use...


This post has been edited by wongmunkeong: May 23 2013, 02:44 PM

SSPN opening & running
1. go to any SSPN selling banks
2. bring cash (min $20 or $30, pls check PTPTN's SSPN website) and open SSPN a/c (joint - U + child)
3. future top ups do online via MBB Online and other banks ok-ed by PTPTN.

SSPN returns - similar to 1 year's FD+/- %

SSPN other oomph IMOH:
1. tax relief up to $6000 per tax payer
ie. if i'm @ 26% tax bracket, my partner is @20%, and we have 1 child
me & child = Joint a/c A, tax relief $6K *26%
partner & child = Joint a/c B (ie. a different a/c), tax relief $6K *20%

This post has been edited by wongmunkeong: May 24 2013, 12:06 PM