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 Fundsupermart.com v7, DIY unit trust investing

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wsy25
post Nov 12 2014, 10:43 PM

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QUOTE(yklooi @ Nov 12 2014, 01:26 PM)
"The most important advice I would give to anyone who hasn't started (be it man or woman) and is being held back is to starting investing now, but use a small amount. Something you are comfortable with even if you suffer losses. It can be as little as one thousand dollars because that is usually all you need to start investing into a unit trust. Then, as you invest, you will see how markets and such affect your returns and you will be able to learn from your experiences without suffering too much heartache compared to if you placed your entire life savings into the market and lose half of it in a market crash. The key thing is you have to accumulate investing experience. No amount of prior reading up and accumulating of knowledge can compare with actual investing experience which can only be built up by using your own money to invest. You have to experience the emotional pull that comes from market ups and downs and learn how to handle your emotions during those times. And learning from mistakes made is the greatest teacher".
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Agree with you, gotta gain the experience to control emotion especially when market up & down. As newbie in this UT, I was frightened by the down trend few weeks back. Then I sold off CIMB Principal Global Titan fund but kept KGF (Somehow has faith with Msia market tongue.gif ) Then I also experienced the benefit of having bond and equity to balance my portfolio, bond did give a good return while equity doing badly.

Been reading this thread on and off but never reply. biggrin.gif Sometimes just too busy with my job. Need to schedule myself to constantly study this UT, to generate second income for me. blush.gif

wsy25
post Nov 16 2014, 02:44 PM

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QUOTE(yklooi @ Nov 13 2014, 05:09 AM)
rclxms.gif what you did is not wrong...

1)  hmm.gif what hv you learned from this selling of funds during the down trend? (u sold CIMB GTF)
why picked them the 1st place?, how long hv you hold them? did you know that it had recovered it losses in 2 weeks? (dived for 2 weeks, jumped up in 2 weeks)
where is the money from the sale? on the side line waiting for the next "good fund"?
May I suggest that you rethink your risk appetite and recalculate your investable money (monies not touching for a few years) to determine your "holding power"....
else may try the RSP...regular saving plan..to try to flatten the volatility curves and reduces emotional investing

2) just a note of cautions....
not all bonds fund are created equal.....was told to see their holdings...riskier holdings...riskier risk of default and some are very sensitive to rate hikes.
hmm.gif some are lucky as in mid MAY 2013 to about Aug of 2013,...had enjoyed the first hand experience of having both Bond and Equities funds dived badly together.....  biggrin.gif 

3) the returns or emotional anxiety may not to your liking lor... if invested for short term.....or holding "wrong" funds for the long term tongue.gif
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I noticed CIMB GTF recovered in 2 weeks time. Blame myself believed the so called economists on the news said that economy was doing unprecedentedly bad and bla bla bla. After I sold then read that the market fundamental is good, and expected it rebound. shakehead.gif

Frankly I invested just based on the recommended fund and past performance. Only little research was done. That time not very understand about it. Thought to get my hand dirty and get some feeling of investment like what all gurus said here la... tongue.gif

As of now, money from the sale i just park in CMF as I want to spend more time to study the funds before recklessly go in again. But first thing want to invest in PRS first la. Any recommendation?

I have a doubt in PRS with fsm. lets say I invest in kenanga PRS through FSM and one day FSM bankrupt, is it possible to get back my money from kenanga?
wsy25
post Nov 19 2014, 08:27 PM

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QUOTE(Pink Spider @ Nov 17 2014, 10:47 AM)
Those so-called "experts" like to say things like

"The market WILL collapse"

Of course market will experience crashes every now and then

But...

WHEN?
HOW MUCH?

10 year bull run, followed by a crash?

Then they will say, "see? I told u so!"

But u already made $$$$$$$$$$$$$$ during the 10 years HAD u remain invested.

Listen to them and park in cash?

Good luck biggrin.gif
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No pain no gain. now i know rclxm9.gif

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