ah i see..
will follow your footstep unker. very good piece of advice here.
im just started working about 5 months ago, still fresh and know nothing much. good thing i lurk into finance/business sub forum and found this thread.

A question, if compounded management fee throughout the years will eat us up by 30-50%. Then what is the best way to deal with it?

Switch/sell funds every 3-5 years? Any help is greatly appreciated.

This post has been edited by Kinggnik87: Apr 4 2014, 02:40 PM

Ikut this unker

so, how long do we typically keep our funds in ut before withdrawing out and invest on smthing else? 5 years max? 3 years?

TBH I have just started recently as well. diverted some of my ASB earnings into UT.

in my opinion, choose on a product or instrument that fits your profile.

investor : long term, unker warren buffet says the best holding period is forever
trader : short term as you'll be selling and buying more frequently.

a more passive investors would go for UT, asb, ETF.

active investors / traders can opt for stocks where the returns can be much higher. you'll need good knowledge to decide on what to buy and what not to buy. there are also some calculations that can be done to roughly estimate its future performance (IDK the formula, a friend was a stockbroker for a year, he mentioned about the formula)

as for me, with my current financial ability and knowledge, i am more suited as a passive investor.


BTW, I have made a Portfolio performance template based on unker's Pink excel file. I have included only two UTs, but it can be expanded into more. and there is also an overall ROI n IRR indicator as well.

you can copy it to your google drive, or download as the format that you guys want.

link here
Investment Portfolio ROI n IRR Template

This post has been edited by azrash: Apr 5 2014, 07:14 PM

why divert asb to UT? asb consistently give around 8%... now UT ding dong also not so much..

When you are hungry for moar

I move into stocks when I decided that I want some passive cash flows (dividends) and ready to do some homework on my own.

I diverted a small amount only. certain UT might give a higher return, so right now in a testing period to see if it'll work.

If it indeed works, once i have started working, i'll topup my ASB loan and maintain my ASB as my main portfolio and put the extras that i might have into those UTs.

what's your opinion?

yeah if u can pretty sure ur portfolio can do better than asb lol.. cos ASB looks like risk free and get 8% every year i am not eligible for ASB, but if i were u i will just max the asb first, then only do UT.

lol, yeap, planning to topup to max amount first before putting more into UT.

Call him unker want him keel you ah

But don't follow his footstep la. U obviously didn't read the past old posts, he lost a lot of money in the past. Follow his new investment strategy.

Oi, why u destroy my new idol status

UTs - I lost money due to freaking out during major crash
Stocks - I lost money due to thinking I can be stock trader win (most) trades like how I win at Baccarat table

But overall now I've already recovered all the losses

Ooi so U quit gambling already? Long time didn't see u lurk at GCC.

It's GGC not GCC

My last time touching a casino chip was during CNY 2013

kurangkan /k/, lepak here more.

on the other note, welcome to FSM.

Typo la..

It's time...

Pink... Where to get broker with such low charges...? Interesting to make a return to.... Hihihi

looked at the ETFs and index funds offered on FSM, the 2% sales charge is a killer tho, some of them could be bought directly off Bursa right..

I use Jupiter Securities

Hong Leong also cheap

FSM only got 1 index fund. Not worth

Better buy one of the ETFs listed on Bursa