Fuiyo Unker Looi sibeh ada sense of humour today

IRR of typical insurance savings plans are like 3-4% over 10-20 years.

And the insurance coverage sum is like pathetic.

Better to buy term insurance which is VERY cheap and use the money "saved" and invest yourself.

Beware, don't be over-optimistic; else (temporary) disappointments may send u crashing (prematurely) for the "SELL" button if things go wrong. This happened to me before, learnt the lesson, and now wiser (a bit)

This post has been edited by Pink Spider: Feb 28 2014, 03:32 PM

Banyaknya jaguh kampung

Don't be swayed by negative news if u believe in long-term potential.

Sometimes, u have to learn to "switch off the news".

2 years is too short for unit trust investing. A significant crash will send your financial goals to Holland.

WHY U SO ANAL

My P&L also got from current holdings and disposed holdings...want me to count them all...CAN! U treat me beer 1st

See lar if I don't mabuk tonight and hangover tomorrow, I'll do it

I don't differentiate between realised or unrealised, my P/L is accumulated for all funds whether disposed or still holding that I invested in since 2008.

This post has been edited by Pink Spider: Feb 28 2014, 04:54 PM

oi bro u mabuk so early ar? GEYF 80% in developed markets of which 40%+ is invested in US, whereas Quantum is 100% Asia.

This post has been edited by Pink Spider: Feb 28 2014, 06:41 PM

Profit contribution
Bond funds: 21.56%
Equity funds: 42.01% (22.53% contributed by RHB-OSK Global Equity Yield, 9%+ by Hwang Asia Quantum and 9%+ by Hwang Global Financial Institutions, now dumped)
Mixed assets: 36.43% (36.2% contributed by Hwang Select Income. My IRR from this fund was 10.51% yo But luckily I dumped all before the slump of bonds )

This post has been edited by Pink Spider: Mar 1 2014, 03:06 PM

Hwang Select Income and OSK-UOB KidSave. Now dumped both funds already.

Told ya I don't differentiate between realised and unrealised, modern accounting treats profit as profit, loss as loss, realised or unrealised is irrelevant

You have not been reading your fund annual reports

Now ALL goes to equity, though there is disclosure of how much is realised and how much is unrealised for the year.

I don't calculate average cost, ROI, profit(loss) from each disposal; I only keep track of OVERALL profit/(loss) and IRR.

E.g.
Buy (1000)
Buy (100)
Buy (100)
Sell 250
Buy (150)
Sell 300
Valuation today 1000

Profit = 200

This post has been edited by Pink Spider: Mar 2 2014, 05:26 PM

Told ya I don't track P/L on individual sales...I only track OVERALL P/L in $$$ and IRR in % for my investments in the fund

I.e.
Current value + sales (if any) - amount invested = Profit/(Loss)

It's very troublesome to track P/L on individual transactions esp if the fund has distributions, last time I used to do it, but later found that its not really that useful and a waste of time

This post has been edited by Pink Spider: Mar 2 2014, 06:12 PM

REPOST:

Current value + sales (if any) - amount invested = Profit/(Loss)

For KidSave:
Zero (cos all sold) + RM523 - RM510 = RM14
IRR: 9.87%
I don't track ROI %

ROI in % can be meaningless if there are multiple sale of units for a particular fund.

You are not totally on your own

This post has been edited by Pink Spider: Mar 3 2014, 09:42 AM

xuzen will be there?

Even when it's not moving (up), Hwang Select Opportunity is more resilient than Hwang Select Asia ex Japan Opportunity. Glad to have switched out