don't worry too much, just set a fairly conservative portfolio and stick to it...less headache

Bro Looi diversify so much?

Back to basic, let's revisit some old investment story, got 1 uncle bought 1 lot of Pbb shares per month after he get his monthly pay cheque, and he had done it for the last 20 years. Accumulated 12 lots per years for 20 years in a row. he did it consistently without fail, with the Pbb shares dividen distributions, share splits, rights issues and the power of compounded return, he has became a multi millionaires today.

The morale of story is that sometimes we don't hv to be over diversifying. Back to the example, if u think only buying pbb stocks is risky due to over concerntrate, u can replace it with other high dividend income stocks such as buying BAT/Amway for every 5 lots of pbb u buy. Apparently buying one lot of pbb per month is just an example, u may buy 1 lot every quarterly or biannually depending on one's income level. The end of the day is to achieve our financial freedom.

Not to say invest in UT no good, it will slower down your achievement of financial goals due to the higher cost involved. My 2 cents worth of comment.

This post has been edited by cheahcw2003: Aug 13 2013, 08:09 AM

OSK-UOB GEYF

Finally we have a common ground.

I'm accumulating dividend stocks too currently, UTs still have a place in my portfolio for diversification. Aiming for stocks 50/50 UTs portfolio for now.

Excellent... Not many can afford to follow what uncle been done before. Option to access those good and profitable stocks is via UT.

Sure, can do that., no problem.

Public Bank, no. Maybank still can do that, with divvy yield of 5%

In 2008, switch half to money market and then switch back in 2009.

I would expect you to get more for actively monitoring it. I started about 10 years ago, did not really monitor, just top up every 3 months from EPF, haphazard switching here and there that made my agent dumbfounded at times, switched out a bit late during 2008 and yet still make 10% IRR. One thing is I was almost always 100% in equity funds.

P/S: Sorry, I'm a bit late in catching up with the thread, so some conversations may have moved on.

just curious, after how many % drop did you switch to MM?
how do you determine/decide which funds are to be switched?
and how do you decide when to move back in?
and to what asset class?

You're right, I can go into property anytime but I don't like it, so I'm sticking with UT and stock market.

thks for the advise..yes it is true, the hidden charges in UT would "EATS" a lot in the long terms
i tried PBB many years back when it was RM 7...it then when up to RM 8.80, i sold all....i guess it was the staying power that i lacked....maybe it was the GREED that i see profits in just a few months....lesson learnt....if you cannot control yourself from greed for profits,....go for those that are not so aggressive...is there any way to overcome /improve on this?

This post has been edited by yklooi: Aug 13 2013, 11:44 AM

Are the above questions for UT or stock trading?

it was in FSM SG, then i guess it was for UT. got different?
OOPS,...maybe it should best be applied to stock trading....of UT is longer terms investing.
if removed#4, can it be applied to UT?

This post has been edited by yklooi: Aug 13 2013, 11:49 AM

My MD taught me (when I told him that I lost faith in stocks after losing money), just buy quality stocks, and live your life. Just read the financial results announcements every week or so to monitor. NEVER LOOK AT THE CHARTS.

Awaiting for his answer too. Haha

I believe that there is no right or wrong in terms of sellin off your stocks. Lose money to an extend you will cut lose, when you are satisfy with your profit you sell. There are a lot of 'what if' moments.

My stocks and UT in seperate is yielding more than 8% which is my target % but I ain't selling them because I haven't hold them long enough (and I revised my targeted return a bit higher). It all depends on your intended return you expecting, and you may revise along the way.

Some because of their greed, they hold but in the end they lose money. Some they earn. You cannot predict what will happen next. Yes; you can look at the chart, news etc. but in the end, I believe setting your target return is important. As mentioned earlier, it is alright to revise along the way. Most importantly is know what is your target return. My 2 cent.

This post has been edited by TakoC: Aug 13 2013, 11:58 AM

When exceed your targeted return you sell...but what if u set your target too low? U lose out.
When it drop below your cut loss you sell...but what if it was on the verge of rebound? U keep waiting and waiting and waiting for the "right" re-entry, u end up losing opportunity cost.

Sometimes it's better to just stick to it (your asset allocation) and go live your life or PM Pinky and ask him bring u go hug amoi at pub

Addressing your first paragraph, I view it as 2 seperate scenario. "Right" re-entry price, now.. Would you buy in a US fund now.. I'm VERY SURE it will drop further. So what opportunity cost? I would wait rather than making a loss you know will happen and average down again. Maybe that's me.

Your concern is WHAT IF you set your targeted return too low, and you sell way too early. Thats each to their own right? Some intend to hold long term like you, someone like me like to hold 3-4 years max, and some short term. Yklooi didn't mention UT, so short term does apply here. Same goes to selling. Some drop 10% and they cannot take it, you cut loss. Some like us we average down.

Once again, I believe there is no yes or no answer here. Some may be greedy and set higher return, some may set lower. For example, last month when HSAQ was at their highest, some people may opt to lock their profit. Some may choose to hold. In the end, they profited from it while we are still waiting for it to goes back to that level.

That's why I mentioned that people can revise their intend cut lose point and target return along the way. Correct me if I'm wrong, Pink.

This post has been edited by TakoC: Aug 13 2013, 12:13 PM

Agreed!