I think I know liao...picture taken live on Harian Metro and/or Buletin Utama

delete

This post has been edited by Pink Spider: Jun 9 2013, 04:23 PM

Follow my stock picks lar, I also invest like Buffett

"Buy the business"
"Do not buy a stock that u cannot imagine holding for years"
"Buy only business that u understand"

Not that hard to apply IMHO.

I drink Carlsberg (like drink water), so I buy their stock
I eat Ping Pong cream crackers as snack at office, so I buy their stock
I smoke ciggies, so I buy ciggy stock. And I know which brands are selling well and which are not cos I spend a lot of time at kopi shop

Just some examples

This post has been edited by Pink Spider: Jun 9 2013, 04:45 PM

Unker Looi infected by me

Chen Fan Fai at Kenanga drove Kenanga Growth Fund to great heights
But when he arrived at Eastspring Investments, EI Asia Pacific Shariah Equity become shitty

How? Unker, explain pls

Kenanga Islamic Fund also did ok wor

2. KGF is 100% Malaysia, EIAPSE is Asia Ex-Japan

Conclusion - diff ppl, diff specialty

Sorry Mr Chen for taking u as an example

This post has been edited by Pink Spider: Jun 9 2013, 04:58 PM

I'm keeping. Now doing anything with it for the time being.

Guys, remember - Portfolio concept

U can NEVER have a portfolio of all winners, it just doesn't work that way. Even the best fund manager cannot boast of having a portfolio of all winners and no losers.

My worst loss also 10% only, on Alliance Global Equities (2009-10) and Hwang Global Property (2008) and I sold off all

But see how have they rallied since then

This post has been edited by Pink Spider: Jun 9 2013, 10:46 PM

1 strategy I can think of to deal with such volatile funds...maybe u guys can consider.

Let's say u foresee volatility/further losses ahead, BUT u still believe in its long-term potential.

So, u sell/switch out some, make your holding of the fund RELATIVELY small for u. E.g. u used to hold RM5,000, and your monthly cash available for investment is RM500. So, u sell until left maybe RM2,000. Then, as the fund drops, u do DCA to lower your cost per unit. The smaller your monthly top up, the smaller your initial holding has to be. Otherwise topping up won't lower your cost/unit much.

Don't wait until u loss 25% or so, unless u got the ammo to buy in loads.

So, perhaps it'd be a good idea like kabal82 to switch out some

1. Recommended Funds
2. Recommended Portfolios
3. Funds Selector > search for funds with higher Sharpe and Risk-Return ratios
4. Talk to their Client Investment Specialist
5. Discuss with us here



Winners will eventually fall back, losers will eventually bounce back

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

Or spend him go pub hug Vietnam moi

I've always said this, and will say this again.

Invest in a portfolio, don't invest in funds

Chances are u won't have a portfolio of all winners and no losers, build a portfolio, diversify and hedge.

Now go digest my words

Study also the Recommended Portfolios of FSM Singapore.

I know u cannot buy the funds that they have there, but learn how they construct and manage a portfolio.

FSM Singapore's RPs are better constructed and managed than FSM Malaysia's. I won't spoonfeed u and tell u exactly why, go study and find out yourself.

P.S. - Over the long-term, a Balanced portfolio would beat a Conservative portfolio.

This post has been edited by Pink Spider: Jun 10 2013, 10:33 AM

For me, I'd sell or suspend topping up on the winners, and switch ammo on the losers. I won't sailang on the losers outright, as u won't know when it will bottom, right? What if u ran out of ammo before it bottom?

^
Unker gark said it well

This post has been edited by Pink Spider: Jun 10 2013, 10:42 AM

Yeah, I learnt the lesson years ago.

Now I gave up on trying to have all winners and no losers. So long as portfolio as a whole is performing, why fret?

To be a successful investor, u need to bite the bullet and lose your ego.

A +3
B +2
C -1
D 0
E -2
Overall: +2

Then u are a winner already

This is the principle behind portfolio investing

Having sifu Unker gark in the thread is truly refreshing and educational

Always start with a Target Allocation
e.g. 50% equity, within which 10% Malaysia, 10% Asia Ex-Japan, 30% global + 50% bond

If equity dropped, e.g. to 40% of your portfolio
Malaysia become 9%, Asia Ex-Japan 7%, global 24%

U take out money from bond to top up on equity funds to make it become
50% equity, within which 10% Malaysia, 10% Asia Ex-Japan, 30% global + 50% bond again
I.e. u will top up most on global, a bit on Asia Ex-Japan and a little bit on Malaysia

That's the basic.

This post has been edited by Pink Spider: Jun 10 2013, 11:03 AM