Why pay RM80 drink at a "proper" pub when u can get naughty for RM70 at a not-so-proper pub?

I'd rather drink at kopi shop pay RM30 for 2 bottles of Guinness then

keep cash under your blanket

interest rate go up

bonds koyak

dividend equities also koyak

only 1 place to go - speculative small-mid caps and/or growth stocks

dare to bet?

I just topped up EI GEM RM100 today



This post has been edited by Pink Spider: Jun 3 2013, 05:15 PM

I like this

Mine (as at 31-May-13 NAV valuation):
1 month: +0.6%
3 months: +1.58%

Dunno u, but I'm neither selling nor topping up, just keep station. AmAsia Pac REITs is only 4.8% of my entire portfolio, not gonna be too worried even if it drops.

The power of MS Excel

I only record latest NAV, I did not keep a loooooooooooooooooooooooooong list of historical NAV.

Today update 31-May-13 NAV mar, so I will copy and paste the P/L $, P/L %, IRR into another worksheet and save there. From there month-on-month and 3-months rolling P/L % is calculated.

My AmAsia Pac REITs IRR STILL beating FD rate, barely.

This post has been edited by Pink Spider: Jun 3 2013, 10:00 PM

I think Kaka meants +9% IRR drop to +0.9% IRR

Mine lagi teruk, last month IRR still +20%++, now +4%+

IRR is useful to compare and benchmark. If you've been investing in a fund for >3 years already and its IRR still couldn't even beat 12-months FD, you might as well dump it. ROI is not useful as a comparison measure.

This post has been edited by Pink Spider: Jun 3 2013, 10:11 PM

P/L $ is for me to know only, does not facilitate any comparison and review. Just to know how much profit I made in that month/last 3 months.

P/L % is for me to see how much my UT portfolio AS A WHOLE have grown for the past 1 and 3 months.

IRR is for INDIVIDUAL FUND performance review and monitoring, and to see whether my portfolio as a whole is beating the benchmark I set for it (recent EPF dividend rate).

See the difference?

This post has been edited by Pink Spider: Jun 3 2013, 10:17 PM

TakoC, emphasis on the word COMPARISON

E.g.
Fund A ROI: 20%
Fund B ROI 7%

But Fund A held for 10 years already, whereas Fund B only bought last year. ROI measure does not take into account of that.

IRR does.

This post has been edited by Pink Spider: Jun 3 2013, 10:18 PM

Gonna do something like FSM, 1 month, 3 months and 1 year. But my data only have last 3 months currently, previous data all deleted already

Huh

Let me try to interpret your words...

Best example is AmAsia Pacific REITs.

- 1-2 months ago I'm having this wonderful 20%++ IRR on this fund, I'm invested in this fund for slightly over 6 months only
- My IRR for OSK-UOB Global Equity Yield is only a humble 3-4%, but I'm invested in it for years already

Short-term strong performance of a fund that u only bought recently will push IRR to a wonderfully pretty level. See what happened to the IRR now?

Do I get u right?

But when u are comparing a 3 years old fund with a 5 years old fund, I think IRR can pakai. Just that IRR for a fund <1 year is not meaningful.

This post has been edited by Pink Spider: Jun 3 2013, 10:36 PM

Tailou, I have a job and (half) a life okay, I have better things to do

Yeah

ISM manufacturing gauge worst in four years



Good news go up, bad news also go up. Sometimes I also

This post has been edited by Pink Spider: Jun 3 2013, 10:49 PM

foreign funds koyak lo like that