RM10K ONLY???

British Pound! or VietDong
% allocated is the one to look for...
Btw, How was your "food" last night?

Drove about 20KM to look for my favourite duck drumstick herbal soup noodle...

But as ppl say, the higher the expectation, the higher the disappointment...

The drumstick tastes weird

Sekian saja malam saya

Drove about 20KM
any chance of them having changed chefs?

happens many times with other hawkers food that I liked....seems my childhood/teenage period of hawker food taste are all gone....

did NOT try CALL "chicken" last nite? might have tasted different?

LONDON (AFP) - The European Central Bank (ECB) will next week announce plans to directly buy government bonds, creating new money to fight off possible deflation despite German objections, according to Saturday's FT. The ECB holds its first policy meeting of the year on Thursday and is widely expected to announce some sort of programme of sovereign bond purchases - or quantitive easing - to try to kick-start the eurozone's sluggish economy

- See more at: http://www.straitstimes.com/news/business/...h.k14Lzvpq.dpuf

GTF/Aberdeen IW...

So, this is why Swiss Central Bank put a stop to Swiss Franc cap

They can no longer keep buying all those Euro flushing down like waterfall

you got same thought as...

SYDNEY (Reuters) - The euro languished just above an 11-year trough on Friday as investors wagered that the Swiss move to abandon its currency cap meant it was almost certain the European Central Bank would launch large-scale bond buying next week.
The euro suffered its biggest one-day drop against the Swiss franc in history after the Swiss National Bank (SNB) stunned markets by suddenly abandoning its long-held pledge to keep the franc above 1.20 per euro.
Dealers assumed the Swiss had moved with the knowledge that the ECB would take the plunge into full scale quantitative easing at its policy meeting on Jan. 22. "No doubt the market will be expecting big stimulatory action from the ECB next week if the Swiss fear a much weaker euro," said David de Garis, senior economist at National Australia Bank.

- See more at: http://www.straitstimes.com/news/business/...h.5WzekBat.dpuf

just recently you added GTF...

Added since Aug 2014...

IRR...27.15%...GTF is my new Ponzi

Less than a year of holding. IRR is not really that accurate.

Tau la

Kasi I syiok sendiri can or not

GTF 2014 also gained >10% ma

GTF vs HSAQ variance abt 15% same period-leh...



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Anyone here familiar with RSP / Dollar Averaging? I noticed that not all funds can start directly via RSP (need to have minimum investment fund as stated here.)

If that's the case, what should I do to activate RSP? Need to buy & confirm the transactions of initial investment only can "Add" that fund to RSP? As I can't seem to find any way to add that fund to RSP.

Currently after looking through, I'm thinking to start the minimum investment in these funds:

CIMB-Principal Asia Pacific Dynamic Income Fund
AMB Income Trust Fund

But still not sure whether if I should RSP these funds, or find another different fund to RSP (to diversify)

try click the links in (your provided link?)
I think there are many info there like the RSP list, click here to apply, etc....
I maybe wrong, but pls check it out?

U understand what is RSP Special, right?



For funds not under RSP Special, u need to have an initial investment in it first, i.e. buy in RM1,000 (or RM500 for CIMB-Principal funds). After that only u can subscribe for RSP for that fund.

From my experience, RSP works best for funds that are VOLATILE (huge yo-yo up and down) but are displaying a CLEAR uptrend over the years, because RSP will help u to average out your entry cost.

For funds that are stable like CIMB Asia Pac Dynamite Income, lump sum entry would work better. Just dump in everything u have!



This post has been edited by Pink Spider: Jan 18 2015, 12:23 PM

Yup I've read the whole thing incl. FAQ but cant seem to select the fund. I think it's because my purchase isn't confirmed yet (purchased on weekends )

Hmm I see. Will research more and maybe find a balanced / conservative growth fund for my RSP.

For RSP, it's also subjected to the sales charge (usually 0.5% or 2%) right?

Cannot lump everything inside la, I scare that I'll get heart attack Just feel like starting out to at least get a feel of investing first (also to bump my courage )

How to build courage if u didn't go thru shocks?

Recent slump in Bolehland equities just given us a very good lesson in volatility and how RSP could help.

Those who (saw the super HISTORICAL performance and) bought in lump sum into Kenanga Growth, Eastspring Small Cap etc and then did not have courage and/or ammo to top up when market crashed would have been better off had they did otherwise, for example buying in minimum amount and then RSP buy in come rain or shine.

The fund which taught me this lesson was Hwang Global Financial Institutions Fund (I think this fund closed already, it's a 5-year mandate fund if I remember correctly), this fund was launched in mid-2008. U know what started during that time, right?
50 sen I started, 44 sen I top up, 39 sen I top up, 38 sen I top up...


But, not everything or every fund also can do like this, u need to have faith that the fund/industry/market will recover somehow.

The SC charged on your RSP would be the usual SC rate, if it happens that FSM is running some promo during that time, u get the promo SC rate.

This post has been edited by Pink Spider: Jan 18 2015, 12:45 PM

2008 Financial Crisis right?

Gotta research more on to see what funds I'm should be doing RSP then

By normal SC rate, is it the "Discounted Initial Sales Charge" listed in the fund's fact sheet? Or this "Discounted Initial Sales Charge" is only applicable when we bought the fund the "first time" and subject to actual SC after that (if we top up more units)? Their FAQ doesn't mentioned about the "Discounted Initial" thing at all, but I saw one of it mentions that normal SC is about 2%




This post has been edited by polarzbearz: Jan 18 2015, 12:59 PM

What u see is what u pay - just the Sales Charge. Ignore the discounted or initial whatever.

Ah-a! That's good to hear, although the term "Discounted Initial SC" is really a bit misleading

That's pretty good as their SC seems to be pretty low. Not sure how much banks will charge if we apply through them

Made my first purchase yesterday, and made payment immediately. Today status still shows pending. Normal?