heheh "arguments" is good - "if 2 parties agree, 1 of them not needed".
as long as both parties have facts & logic lar - not BS that can't hold water statistically / factually

This post has been edited by wongmunkeong: Jul 17 2014, 02:59 PM

In USD summore too right?

er.. long time no do mutual funds liao (nearly 6 mths) bro as:
a. EPF --> CIMBC25 & CIMBA40
b. Cash --> Direct to ETFs & options "trading biz" via US exchanges

What i did previous 6+ months for yr reference (yr mileage & reasoning may vary):
c. Reduced / sold off MY funds $xxK - i'm holding way too much % in MY equities + too "low value" to me
Too much % in MY = more than 20%, aiming for about 5% to 10% max in MY equities (including REITs, properties, solar FiT, etc. ).

d. Used the $ from (c.) + cash (% held hit forced re-allocation) to get into ETFs directly + fund options "trading biz"
Since markets are frothy to me:
+ i was just trading options weeklies & monthlies mostly (no long term long - thus managing risk of kaboom)
+ buying / long ETFs of HK & China (specific ETF) + ASEAN, BRICs (as a basket ETF) - low-ish average market P/E.

For U, since i'm unsure holistically where & how much% U are holding/planned, generally i'd suggest:
e. go buy lelongs or value available, dont chase things that are already up & "expensive"
eg1. if additional $100 - put $67 for lelongs/value & $33 into whatever DCA/VCA program still running

eg2. IF yr asset & sub-asset allocation is pointing / showing U that U need to reduce cash (ie. buy something) / bonds, as per above eg1

eg 3. IF no reason to reduce cash/bonds - then need to rebalance regional? eg too heavy on MY? (total investment equities of funds, stocks, reits, etc)
IF yes, then reduce and move to more lelong stuff like HK or China

This may help - er.. credit to the website i snapshot it from (unfortunately i can't recall where from - some of the things i pickup daily here/there)


Just sharing

i be thinking - matters not whip-saws, as long as long term up and CAGR after 5 years or more >=10%pa

eg Prudential (now EastSpring) SmallCap Fund - earlier years.. whoa.. now like WHOA! (CAGR 17%pa to 18%pa)
Bought lump sum 3 times and sat zzz on it (EPF mar) since 2004+/-

Note: AssUming $ in there not needed for 10 to 20 years

Just thinking

and that was the best time to buy (when slumped enough and long enough to be cursed)

One can sell AND transfer to FSM at 0% SC IF one wants to consolidate or have more options

or more foreign funds options
well those 2 were my reasons (BRICs + 0% SC "transfer over" from PM) anyways
poor folks like me gotta finds ways & means to move small steps forwards mar

Wah article on FSM DIY in Personal Money magazine!
Perhaps direct newbies there if Q on "can trust or not ar FSM?"

This post has been edited by wongmunkeong: Jul 30 2014, 09:27 AM

Just went through yr posts on this - what funds did U purchase?

Personal experience: For foreign funds that consist of several countries like BRICs and Developed markets, i waited on average 3 to 4 working days.

Probably due to the need to derive NAV for the fund from:
a. Consolidation of all those countries' stock value
b. Some of those countries weekend/public holiday
c. MY public holiday/weekend

Yup - just like when i tried EastSpring fund --> FSM EastSpring same fund, was told tough as need agent blah blah to sign-off & agree. Right - like as if agent will agree to me ripping her free yearly rice bowl from her

Unlike if PubMut --> FSM distributed funds, which PubMut is NOT representated and it is literally a sell/redeem from PubMut, then Buy from FSM

Tried both the above

ceh - i know HOW it will end too - cosmic event of either the Sun going supernova, black hole following or huge asteroid collision
sorry mods - off topic.

anyhow - hey, there's fear in the market now http://money.cnn.com/data/fear-and-greed/

finally - not just seeing the link above but personally seen in US index options, more / easier to get premium for sellers (due to fear) than past 2 months. sharpen your spears for hunting

That fear not reflected in market indices & prices yet mar.. UNTIL last night.
S&P -39 or nearly -2% in one day

Fear at Extreme now
http://money.cnn.com/data/fear-and-greed/

Like the olden days archers in battle..: Hold... Hold... Wait for it...
ie. YingLish = notchyet enough blood

if 1% = blood, JP seeing mass slaughter nearly 3%

ONLY HanSeng & ShangEX is green - all the rest bloody red

Personally?
Trading: I'm selling... options on the fear extreme
That's the thing - fear is extreme BUT not much blood. Like those "suspense horror" show instead of "Friday the 13" splatter fest

Investments: Sitting non-pretty for real blood bath. Currently like pin-pricked blood letting only lar. I want to see:
at least 15%-20% before i go "fish shooting - DefCon level 1"
at least 30%-40% before i go "fish bombing - DefCon level 2"
at least 50% before i go "thermonuclear - DefCon level 3"


This post has been edited by wongmunkeong: Aug 8 2014, 02:15 PM

IMHO
Best time to be a contrarian isn't when there's fire burning and ppl are still running out of the building.
It's after the building collapsed and most ppl are out.

Sounds familiar with value-investing too right?
AFTER the fire & death (ie. no predictions, can see it already happened)

Thus before that - do & execute "normal" plans. No DefCon biz

oh - ceh.
Normal monthly or quarterly thing izzit?
Just buy what's of more value lor - look http://markets.on.nytimes.com/research/mar...orldmarkets.asp and pick a fund which hits 2 to 3 of those lower ones la

U know which liao ma based on that Excel snapshot i shared from .. gawdknows which website i saw it from