May be insane to U but for those contrarians that "buys fear, sells greed", makes sense.

Case in point - Indonesia & India about 6 mths+/- back when Indonesia crashed >20+%
and India too with capital controls imposed to control capital flight.
Now look at them IF one bought in AFTER the crash with fear lingering around (smell of dead bodies & blood spilled) and lots of "experts" saying their GDP vs debt can't hold will kaboom, etc. etc.

Note - "experts" predict only not actual fact. Actual fact known at that time = crashed a heckuva lot.

Just a thought.

Added:
http://finance.yahoo.com/news/russian-stoc...UZTJHIAfe.TmYlQ
http://www.cleareyesinvesting.com/2014/04/...-stupid-as.html


This post has been edited by wongmunkeong: Apr 10 2014, 11:39 AM

Quantitative expert-san Pinky - NEVER ever ar?

What if i can get 4.99%pa loan 3 years tenure (Citibank cash on call heheh),
AND my flexi mortgage is 4.4%pa (thus while waiting to use loan $ / opportunity, i don't lose much)
AND my trading /investing vehicle can near guarantee hit >= 8%pa when i execute (may have to hold >1yr though)
AND my debt/equity ratio is less than 20% including the new loan (and including all debts/mortgages)
AND most importantly, my emergency buffer can more than cover the monthly payments IF any "black swan" happens...

Safe enough, right?
heheh - just checking another opinion for my er.. bright idea / stupidity done

This post has been edited by wongmunkeong: Apr 17 2014, 01:22 PM

Trading options (selling options to get premiums) leh?
eg.
speculative option selling based on standard deviation / probabilities of strike price sold being hit within a specific timeline
+
out of 3 possible movements (no move much, move kakaload against me, move kakaload for me), can win 2 (no move much, move as planned)

eh - direct access best lar, dance like snake then try try no fun.
yoda says do, or do not. there is no try

i like "steam rollers" as long as i know their max speed and standard deviations

if not.. eee.. scary & not profitable in long term
btw, i've already factored in losses and it still makes sense long run. only worry is i got the %
oh well, it's just using my "crazy $" account.

oo - back to FSM.
eh - anyone saw that "reverse 2013" thing?
ie. most asset classes/sub-classes that were dogs in 2013, made good $ so far in 2014 (Vs. those that did well in 2014).
eg. frontier market, gold, emerging market
vs
Developed mkts

ahem ahem.. <playing devil's advocate>
what happened after hitting all time high, say within a month or two?

er.. RM10K & RM1K? no biggie what - why lar need to be of certain level of income or investable assets?
er.. i'm AssUMe-ing this relates to Franklin Templeton funds

This post has been edited by wongmunkeong: Apr 25 2014, 09:51 PM

FSM's systems can't deal with load balancers - ie. if your IP changes during your session, U get logged out the moment U click on a new page. My office uses 2 ISPs thus my experience + confirmation from FSM's IT
On my home's Unifi - no issue >= 5mins.

BTW, were U using ABNXcess OR your office's Internet when your "3 mins time-out" happened?

Noticed lots of spoon-feed me newbies (even some oldbies) coming in?
Market's topping?

time to <'ala Kramer> - "SELL SELL SELL!" ??heheh

U must be right - somehow must be both ISPs have problem with FSM site.
Every day, every time.
At the same time, on another similar configured PC on Digi or Celcom broadband - no issue.
Must be the dang ISPs.
Thanks for explaining all load balancers for sure uses persistance routing and port 443.

Offtopic alert
Play I-spy... word games, etc. - think & talk, nothing written else accident waiting to happen
OR
throw them yr mobile phone to play - which is constantly charged via your lighter - USB thinggy

From another parent.

back to topic - when most "experts agree" something will happen in the financial markets... high probability it won't happen
OR the opposite happens (lower probability than it wont happen)
ie it's like a dang ship - if most passengers run to portside coz "they know what will happen", what really happens?

Not much impact in terms of S&P index mar - Wed hit highest high, Thu scaled back down - ok ar
hit below 1800 lar - then starts to get interesting

ahem..
U mean this?
Q: WHAT IS THE INTEREST RATE I CAN EARN ON MY CASH PARKED IN THE CASH MANAGEMENT FUND?

A: The returns of the Cash Management Fund will be determined by the fluctuation of the daily NAV price.
Any profit (interest) earned will be shown in your holding immediately based on the latest NAV price given. The profit/interest earned will not be compounded. If the investors want to get back the profit earned, they would have to redeem the fund.

from: http://www.fundsupermart.com.my/main/faq/faq.svdo?id=9718#6

Well, U can take it as U did but did U actually ask this portion:
"..Any profit (interest) earned will be shown in your holding immediately based on the latest NAV price given."

Taking the whole paragraph, my understanding of what FSM is saying:
Look here - everything's in the NAV.
We dont guarantee kaka on interest thus the NAV fluctuations will determine yr profits.
Yes - profits, not interest.
We do NOT guarantee profits nor interest. This is an investment - a money market investment.

Just a thought

er.. the returns MAY be lower, equals or higher than FD.
Where does it say lower than FD or savings a/c ar? or based on yr own timing & returns?
Note - yr reality may not be the reality of others that has $ in CMF before or after yr date in leh.

U also getting sian with all these "feed me" spooners?
U too young to be jaded leh hehe.

Gather the usual suspects this weekend and let's go "direct investing"
Time of entry should be 2pm for better options & choices of base-stocks

aiyo Pink - dont argue with these flers lar.
they'll drag U down to their muggle-level & beat U silly with experience.

Most of us here are talking about CMF's returns "similar to FD 1yr with total flexibility for in/out flow to invest"
and about NAV, not interest compounded.
They talking about FD without total flexibility, interest compounded and starts going into laddering.
Want to talk pure FD talk in FSM thread..
sigh.. like comparing being vegan in an omnivore thread.

This post has been edited by wongmunkeong: Jun 13 2014, 08:06 AM

er.. U serious ar?
There is a difference if
Distribution, more units BUT lowered NAV, then NAV grow say 9%
VS
No distribution, same units, no lowered NAV then NAV grow same 9%
?


This post has been edited by wongmunkeong: Jun 13 2014, 10:46 PM

er.. U do know that UTs <> stocks right?
Thus, more $ from uncles & aunties into the fund does NOT mean more cash chasing up the NAV or billions more for fund manager to fling.
UTs' fund size is governed by SC - have U not seen some UTs being "closed" to new buys?
http://www.sc.com.my/legislation-guideline...stment-schemes/
search for "Application to increase fund size for a unit trust fund"

We're all here to learn.
I was just pointing out in numbers your stated logic earlier.
Please do share actual data and not anecdotes of invisible stuff - benda halus ke?
Just because i farted & thunderstorm started doesn't mean kaka - have to look into the actual underlying causation, right?

Anyhow, have U read the statistics that the bigger the fund becomes, the harder for it to maintain its profitability / CAGR?

This post has been edited by wongmunkeong: Jun 14 2014, 12:11 AM

Dude - U gotta hand it to them marketing BS lor.
<insert curses and hexes for evil marketing BS people here>

Can con ppl about laying more eggs during distribution BUT didnt tell whole-truth - them eggs all smaller eggs and if one weighs them, dagnabit - total weight same!

This post has been edited by wongmunkeong: Jun 14 2014, 12:18 AM

GoldQuest, Geneva Gold, Scratch & Win all also cari makan mar
Hoh Sei! bwahaha - when stupids insist on being thus, we aren't taking advantage right?
Law of the jungle - predator & prey