So ABERDEEN ISLAMIC WORLD EQUITY FUND - CLASS A is on sales again with 1% SC?

Buy high, sell higher OR Buy low, sell high?
OR totally main tikam / random?


from:
http://mystocksinvesting.com/stock-market-...ce-2-sept-2014/

This post has been edited by wongmunkeong: Sep 3 2014, 10:47 AM

Semalam beli Asia Pac Dynamite Income...today Asia rally

Haha but still 1% SC right
can top up during this month

Sorry, i dont get to hear Russel 2000 much..
haha..

So PE high, should sell haha!

GUYS, TODAY I want to do rsp, why dont have cimb funds? not in the list

CIMB is not under the RSP special list.. you need to have a minimum of RM500 first to do it..

Minimum Subsequent Investment is RM500 T.T

Ooo ok bro..now I have :
1 kenanga growth fund
2 hwang quantum fund
3 abardeen Islamic fund
Tomorrow when my second purchase get through, I'll go for cimb

if u have capital~

Rm500 for cimb tomorrow..
The other 3 I mentioned RSP rm100,150,200 respectively..haha

This is my initial investment

Do RSP lor...RM100. but u cannot time your purchases lor...buy on every month 15th

Was looking back at FSM articles. AIWEF was also FSM Fund Choice in Oct 2013. Oh well, already invested in AIWEF.

This is the 2nd time of recommendation for AIWEF.

Don't just read, read and follow blindly, need to think a bit what you have read, la. Putting up links also useless when you don't grasp what it is about. (Sorry, don't mean to be critical or offensive, but sometimes need to be blunt a bit. )

What I have posted is Value Averaging method in a nutshell.

Value Averaging, Dollar Cost Average, and Lump Sum are 3 methods of spending a fixed sum of money.

Lump sum, you spend it in one shot, while the 2 averaging methods, you splits the investment into several investments over a period of time.

All of them has nothing to do with timing, or buying when the price has reached a certain level. Nothing to do with 'Buy low, sell high'. Nothing to do with how high or how low the market level is.

1. You got a sum of money.
2. You know what fund to buy.
3. You buy the fund using one of the above method.

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Instead of being wishy-washy and spread the sum of money over a period of time, lump sum one short purchase may be the best method. But of course, you don't sink all into one fund when the sum of money is large enough to start a portfolio of funds. You buy some bonds and some into equities...

One of the many articles on this debate of Lump-sum vs. Averaging:
http://www.marketwatch.com/story/putting-a...-off-2012-11-02

And as in one of the comments in the article:
"People dollar cost average for a reason. The money they are investing comes from their pay checks. If they don't have tomorrow's pay check how can they invest it today."

================

But many people use this method.

The Feel Good Method of Investing.

1) Make a budget and determine how much you can spare each month. Say, RM400.
2) If feel tight, and barely surviving, invest RM100.
3) If feel tight, but still okay, invest RM200.
4) If feel good and no problem, invest RM300.
5) If feel rich and generous, invest RM0.

I might take more than 1 week to fully understand ur excel snapshot

Good. U wouldn't want FSM recommend a fund just for the sake of running thru their whole fund list, later some sampah fund also got recommended

All funds (unless they are passive) hinge on the performance of the fund manager, which is why good fund managers rock (and are the exception btw.)



The problem with this is that with companies (ones with huge moats) you can VCA it because at one point, it becomes too expensive. Funds never become "too expensive". You can't calculate the EBITDA or PER or whatever of a fund and say, this is too high so this means that the price of a fund is nothing but an indicator of how much it is worth now, a numerical representation of the performance of the fund manager.

If the fund manager is perfect, the price pretty much always goes up regardless of the index. Unfortunately no one is perfect, that's why it doesn't if we were to consider this possibility though, wouldn't it happen that if everyone is doing VCA, a perfect fund manager will eventually run out of fresh funds? the reward for being perfect is no fresh funds, but the reward for being really crappy is more money lol.



Not against DCA, I just think VCA is not applicable to actively-managed funds.

Thinking of that, but have to consider opportunity cost. The thing about equities is brokerage cost. The minimum cost applied by most brokerages means that commissions can be really high for low amounts. Commission on the standard 1K in mutual funds is 2%, so Rm20. After that it is still 2%, so a Rm100 top up is just Rm2.

Now suppose the same scenario in stocks. First 1K is 0.1%, which is RM1, but then minimum charge Rm8, so Rm8.

After that, Rm100 top-up is also Rm8.

If you DCA long enough, you will realize that brokerage on equities > commission on mutual funds for low amounts



This post has been edited by wodenus: Sep 3 2014, 02:33 PM

Decided to sell of my Public Far East Select Fund.

With that, I have no more holdings with Public Mutual. Yahoo!

Fully out from Public?
Since when you invested in this FSM David83?