Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Fundsupermart.com v4, Manage your own unit trust portfolio

views
     
felixmask
post Sep 12 2013, 01:08 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(yklooi @ Sep 12 2013, 12:51 PM)
hmm.gif  ha-ha,. what goes up must come down.....indexes had been up for a the past 1 week...time to come down next week in time for the tapering fear?  sweat.gif  sweat.gif  hmm.gif
*
so fast...meh..u plan to switching ?
felixmask
post Sep 12 2013, 01:14 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(yklooi @ Sep 12 2013, 01:11 PM)
geeee. all funds still in "RED"...cannot switch yet,....waiting for opp to go some into Korea, Taiwan and US.
*
switch from what to what ? Equity to BOND tongue.gif
felixmask
post Sep 12 2013, 06:14 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 12 2013, 06:11 PM)
The cat will bounce a few more times.. just be ready to catch the dips.
The mini kaboom is merely a blip...not big enough even to call it a correction..., there is still too much greed in the market..  yawn.gif

My portfolio is currently at all time high.. laugh.gif
*
shld we start move to cash ?
felixmask
post Sep 12 2013, 06:27 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 12 2013, 06:16 PM)
For me no, stay invested.. catch the dips.  tongue.gif Timing market is tough and you occasionally get it wrong.
*
deleted

This post has been edited by felixmask: Sep 12 2013, 07:29 PM
felixmask
post Sep 13 2013, 05:52 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 13 2013, 12:57 PM)
I sold down a lot of stock in mid 2013 as prices flies through the roof. Now going back in  laugh.gif

Now playing jakarta stock exchnage.. damm volatile.

Stocks can go down 50% in a few days and then back up 50% in another few days.  doh.gif
*
wait gain 100% fast get profit, why so greedy...Wait another 50% buy then..wait up 100%. sell to lock profit...

Dont be greedy... icon_idea.gif as long dont jumping into RABBIT HOLES never come back...
felixmask
post Sep 13 2013, 05:55 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 13 2013, 12:58 PM)
Rather than pick stocks which not everyone can do, and paying high fees for UT. Why not consider ETF.. almost same as UT but passive investment with rock bottom management fees.  tongue.gif
*
Eyeing CIMB China FTSE25..waiting to timing..of M'sia....but i heard hv problem and there is no dividend...and now flying high rm1.00
felixmask
post Sep 13 2013, 09:34 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 13 2013, 08:36 PM)
CIMB bank acts as market maker for the ETF, they must always maintain a buy/sell queue spread to NAV (i think not more than 1%-2% difference). So no problem with liquidity, if no one buy from you the bank will buy back.  wink.gif
*
i put very high..bank will blindly ?
felixmask
post Sep 13 2013, 09:35 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 13 2013, 08:36 PM)
CIMB bank acts as market maker for the ETF, they must always maintain a buy/sell queue spread to NAV (i think not more than 1%-2% difference). So no problem with liquidity, if no one buy from you the bank will buy back.  wink.gif
*
i put very high..bank will blindly ?
felixmask
post Sep 13 2013, 09:54 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 13 2013, 09:46 PM)
No.... thier buy sell queue will have a 1% spread to nav. You want to sell, you have to sell at bank buying price. You put high high, no one gonna buy from you. tongue.gif
*
How come CIMB FTSE China 25, no dividend ??
felixmask
post Sep 13 2013, 11:14 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 13 2013, 10:06 PM)
Ada wat... all etf got divvy 1... but it does not matter, left right pocket only.
*
Let said HSI and Shangai Index still ok..but m'sia index lau sai to holland..

will ETF price drop below NAV ? possible such thing happen?
felixmask
post Sep 14 2013, 08:19 AM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Sep 14 2013, 01:27 AM)
*puts on logic hat*

- Unker gark said that CIMB is the market maker
- HSI and Shanghai steady = China FTSE ETF NAV steady
- M'sia index lausai got no impact on the China ETF
- Let's say M'sian investors all lausai to Holland, panic sell everything INCLUDING China ETF, CIMB will/should telan all
*
then can i telan ? i know dunno ETF characteristic ...

This post has been edited by felixmask: Sep 14 2013, 08:26 AM
felixmask
post Sep 14 2013, 08:28 AM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Sep 14 2013, 08:21 AM)
In a panic sale, like gark said, most likely investors would be dumping at 1-2% below NAV. Why not? tongue.gif
*
do you find ETF financial statement like UT fund ?

I cant find...
felixmask
post Sep 14 2013, 08:31 AM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Sep 14 2013, 08:29 AM)
I just read some of them moments ago... tongue.gif

http://www.cimbetf.com/index.php?ch=ch_etf...my_xinhua&ac=11

ETF got more up-to-date and comprehensive info compared to a typical UT thumbup.gif
*
very sorry...i really didn't notice it was there...thanks very much thumbup.gif
felixmask
post Sep 14 2013, 01:45 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(gark @ Sep 14 2013, 09:50 AM)
China 25 etf tracks the 25 biggest stock in HKSE/CHina. If MY index crash, the ETF should hold steady, but if HKSE crash, the ETF will crash together.

ETF can sometimes trade at below or above NAV, this is called discount or premium, usually will happen during volatile times (human emotion hard to control), but still the difference will be small max up to 5% (usually 1-2%). And this difference will correct itself in a short time. The more the liquid ETF is the smaller premium/discount (for example big ETF like S&P 500 trades at premium/discount of 0.1%-0.2%). ETF with totally no liquidity is also somewhat protected as the market maker's queue is enough to adsorb.

How this happens is when there is too much buyers or sellers transacting than the market maker can adsorb.

Lets say NAV RM 1

Market maker every morning will queue. The queue is once per day and once the queue filled, the bank will not add more queue for the day.

100 lots buy at 0.99 100 lots sell at 1.01
100 lots buy at 0.98 100 lots sell at 1.02
100 lots buy at 0.97 100 lots sell at 1.03
100 lots buy at 0.96 100 lots sell at 1.04
100 lots buy at 0.95 100 lots sell at 1.05

Lets say suddenly a panic big investor decide to dump 300 lots at buyers price, the bank will adsorb the volume until 0.97. You can view this as an opportunity to queue at 0.97 when the next person decide to throw, thus buying at 3% below NAV (Discount). The reverse is also true (premium).

Hope you understand more about ETF.  wink.gif
*
thanks gar notworthy.gif notworthy.gif k....do you monitor BolehLand ETF ?
felixmask
post Oct 2 2013, 07:51 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Oct 2 2013, 02:54 PM)
So, if I buy Karex IPO, I gotta sponsor condoms too? laugh.gif  laugh.gif  laugh.gif
*
you call chick to sleep...do you ask gal sponsor condom for man meh ?


want to tease..you..dont annry..pinky gor... notworthy.gif i know u can play with jokes. notworthy.gif notworthy.gif


very sorry.....juz for FUN of the day laugh.gif


Pinky is Gentlemen...

This post has been edited by felixmask: Oct 2 2013, 07:53 PM
felixmask
post Oct 2 2013, 08:18 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Oct 2 2013, 08:16 PM)
As far as I know, call girls carry dom doms in their handbag...cos they also want to protect themselves from STD and unwanted pregnancies.

One Night Stand girls different, YOU have to go get dom dom wink.gif tongue.gif
*
OIC....thanks the infor,
felixmask
post Oct 3 2013, 05:36 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Oct 3 2013, 05:02 PM)
My profile pictar doh.gif
*
Hi Pinky,

next time we go makan at NSK - Citrasa steam Boat. rm6.90
felixmask
post Oct 3 2013, 05:39 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Oct 3 2013, 05:36 PM)
After that go pub? brows.gif
*
ohmy.gif


I half monk...no drink, no beer, no vine , no pub , no smoke , no yam cha, no chick, no massage ...etc.that my wife dont like

This post has been edited by felixmask: Oct 3 2013, 05:40 PM
felixmask
post Oct 3 2013, 05:43 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Oct 3 2013, 05:40 PM)
Let...me...pollute...you brows.gif
*
sorry bro...i born and train avoid temptation...

last time ALL MY housemate during college time..are drinker, pub, chick, and smoker , snooker , disco , even estasx ..EXCEPT ME
felixmask
post Oct 3 2013, 05:58 PM

Look at all my stars!!
*******
Senior Member
6,356 posts

Joined: Aug 2008
QUOTE(Pink Spider @ Oct 3 2013, 05:49 PM)
notworthy.gif
*
Advatage ...no one rob my house..i got protection..when i go college..no one dare to find problem with me..

What my housemate get..is they can copy my homework, exam tips...so they can pass the exam and graduate..

WIN WIN

3 Pages < 1 2 3 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0718sec    0.56    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 04:20 PM