Exactly. Last year I was only in MY. This year diversified globally.

But past week I noticed, when fund prices drop, they drop a lot but when go up, like tikus kencing.

Aberdeen only went up 0.0030 on Mon. Big Cap China went up 0.0023.

This post has been edited by cybermaster98: Apr 28 2015, 04:53 PM

Manulife India Equity continues to go down. Yesterday was the 10th continuous day of losses (0.985 in total). And expected to continue. Today down again.

Lowest NAV price in 4 months. Probably a good time for new investors to go in...maybe in the next few days?

This post has been edited by cybermaster98: Apr 28 2015, 05:13 PM

As Looi said, India is one of the few world markets which have a PE ratio that's lower than the Fair PE value.

But then again:
http://www.businessinsider.my/morgan-stanl...c44TmM823HbR.97


This post has been edited by cybermaster98: Apr 28 2015, 05:49 PM

Big drop in both KGF and Eastspring Small Cap.

Good to go in? Or stay out of MY?

Some of us started moving out funds from MY last week before the correction which I think was a good short term decision. I too reduced my MY holdings by about 75%.

Yesterday's drop in KGF wiped out the last 3 weeks of gains.

This post has been edited by cybermaster98: Apr 29 2015, 10:25 AM

A lot of the drop in the global stock markets this week is because of the US Feds meeting ongoing now. So it could pick up or become worse end of this week.

So the question now is, since prices are low for certain funds like KGF, Eastsprings SC and Manulife India, is this a good time to go in or is there more downside potential?

The only fund in my portfolio which is not in the red, is Aberdeen and KGF although my KGF profits have dropped from about 10% to only 4% now.

This post has been edited by cybermaster98: Apr 29 2015, 10:34 AM

The problem is most markets are having PE valuations which are higher than the Fair PE values. So using that as a gauge to determine buying is not gonna be sufficient. History has proven that valuations can sometimes go much higher before a correction begins.

The question now is how much higher can valuations go and for how long? For markets like China, its a bit of a 50-50. Economic growth figures are not good but stock market is rallying and now China plans to begin QE. So I think this region is worth taking a risk on as long as you balance your portfolio with global funds.

In my opinion, both the Malaysia and US markets pose a higher risk of a correction in the near term compared to Europe or Japan or Greater China.

This post has been edited by cybermaster98: Apr 29 2015, 10:45 AM

I just did a quick comparison for the money I withdrew from ASB to invest into UT. If I had kept the money in ASB, I would have 'made' a 'profit' 5.7X more than my current UT profit.

So was it a good decision?

This post has been edited by cybermaster98: Apr 29 2015, 11:00 AM

Yes but then ure comparing 2 high risk investment modes which is ok. But in this case ASB is far less risk with stable returns (since its fixed price). But UT isn't.

That's my concern. I don't see my UT earning 5.7X to even match ASB returns unless there's a big jump in China and Hong Kong stock markets. And India stabilises.

Europe Unseats U.S. as Best Place to Invest in Bloomberg Poll

http://www.bloomberg.com/news/articles/201...-bloomberg-poll

This is quite an unsettling article especially who those of us who are heavy in China at the moment.

Yes true.

But for anything to 'happen' to ASB, the country has to be in a much worse condition. Many more avenues for the Gov to tap money from for their 'sustainability' in the near term.

Good but should have gone for Aberdeen. Global Titans too heavy in US. In my opinion la.

Im also thinking of cutting my losses in Manulife India soon and move funds into Ponzi 2.0.

Good idea?

Rule No. 1 in China’s Bull-Market Rally: Don’t Look at Earnings

http://www.bloomberg.com/news/articles/201...illers-in-china

On the city’s exchange link with Hong Kong, there’s still about 171 billion yuan ($27.6 billion) of quota for mainland equity purchases that’s gone unused by foreign funds

What fund?

What other funds have good Japan exposure? Too risky to go into country focused funds now I think.

0.01% up for Shanghai. Gotta be the smallest increase ever. KLSE is worse today. Down by 0.65%.

So we'll see another tiny increase in China funds but a bigger drop for KGF.