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Fundsupermart.com v2, Learn about DIY unit trust investing
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aisoku
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Mar 7 2013, 02:56 PM
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New Member
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Hi, Wanna ask the expert around here, I had bought OSK-UOB Gold and General Fund, but recently seem like the price keep on dropping. Should i sell it to stop loss or should i hold it a little bit longer?
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aisoku
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Mar 7 2013, 03:20 PM
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New Member
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QUOTE(Pink Spider @ Mar 7 2013, 03:14 PM) In addition to David83's question... (1) How much is your invested amount? Can u afford to top up to "average" down your cost per unit? (2) How long can u remain invested? currently my cost per unit is around 0.47 i had lost around 45K. im not really in need of the money urgently, what i afraid it will be total lost.
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aisoku
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Mar 7 2013, 03:57 PM
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New Member
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QUOTE(Pink Spider @ Mar 7 2013, 03:32 PM) Same question, can u afford to top up significantly to lower your cost per unit. And are u willing to wait for it to recover? Current NAV 30 sen per unit...that's 36% gone.  I can't afford to top up anymore. i can wait, but what i afraid is it will drop further QUOTE(David83 @ Mar 7 2013, 03:35 PM) RM 0.3013 (March 6, 2013) is the latest NAV for OSK GGF If your average unit cost is 0.47, your simple loss is 35.8% OMG! That is a huge loss! If I were you, I may wait or top up for break even. This is almost similar to PCSF case. What is PCSF case? I was a huge mistake to make such a big investment in this.
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aisoku
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Mar 7 2013, 03:59 PM
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New Member
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QUOTE(Pink Spider @ Mar 7 2013, 03:43 PM) That's the thing with those "thematic" funds, bankers and UT agents are very keen to hard-sell ppl esp inexperienced investors into those funds, usually without proper diversification and portfolio construction. See gold up, everyone buy gold and related investments. Then see IT boom, everyone jump into the bandwagon with all they had on IT stocks. Physical property also same, IMHO just a matter of time before it goes bust. i was in this case as the banker hard sell to me~ in fact i had been holding this fund since 2010 and that time the gold price really boom quite high...
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aisoku
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Mar 7 2013, 04:08 PM
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New Member
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QUOTE(Pink Spider @ Mar 7 2013, 04:02 PM) Investment gurus say, when everyone (taxi drivers, hotel bellboys, aunties at pasar, apek at kopi shop etc) go excited about something, u should stay away. Because that is when market is overheated. lesson learned... So at the moment should i wait?
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aisoku
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Mar 7 2013, 04:27 PM
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New Member
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60% of my portfolio. Not really need to access the money at the moment. What shall i do to construct a proper portfolio? sorry for so many question
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