Wall Street did not like the better-than-expected jobs report fearing it could bring rate hikes sooner rather than later.
"You have to think that report makes the likelihood of a June rate increase somewhat higher,"
http://www.reuters.com/article/2015/03/06/...N0M21AP20150306
Blood on the Markets on Monday and the rest of the week(s)?





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management asked to. save some space as i could do report at home.

crucial part is at the end of the month, submit report. haha

today got rally at sogo right? those ppl must hv nothing to do or family to spend with.

we need xuzen's crystal ball to answer the last question kan..

So now I am the residence LYN forum sooth-sayer? LOL!

Xuzen

p/s If you look back at post #2503 of V8, my portfolio has zero exposure to Uncle Sam. Why?

If you are familiar with the Modern Portfolio Theory, then one will also be familiar with the Efficient Frontier (EF) concept. Risky Assets that are far away from the EF should be discarded in favour of those nearer to the EF.

As of the time of that writing, there are assets that are nearer to EF compared to Uncle Sam's.

Xuzen

This post has been edited by xuzen: Mar 7 2015, 10:05 AM

There are other funds in FSM holding Apple as well. For eg TA Global Technology Fund is holding 8% in Apple. This is a technology sector fund which holds 6.6% in Google and 6% in Microsoft.

IMHO, a good fund to consider investing in for a short term period of 2-3 years and not more than 10% of our portfolio. Cheers.

This post has been edited by Vanguard 2015: Mar 7 2015, 11:01 AM

Time for market to correct a little again...

news from our neighbor...EXPECTs almost similar result over here?.....be PREPARED!

Listed firms 2014 profits hit by oil slump....... 7 Mar 2015 at 12:23

Listed companies reported a 11.31% drop in their combined 2014 net profits to 701.59 billion baht on sales totalling 11.51 trillion baht, up 3.61% year-on-year. For the fourth quarter of 2014, their combined...

Net profits, however, fell 11.31% to 11.51 trillion baht, largely due to the shrinking net profits of energy, petrochemical and utility companies, which were hard hit by inventory losses in the wake of...
The most profitable sectors were: banking, information and communication technology, property development, food and beverages and insurance, he said.
http://www.bangkokpost.com/business/financ...it-by-oil-slump

This post has been edited by yklooi: Mar 7 2015, 02:15 PM

cool down la brother. newbie mah. no need so lau hei.

This post has been edited by prince_mk98: Mar 7 2015, 03:07 PM

Called FMS few days ago. according to them, when gst comes in, the sales charge will be revised to 2% + 0.12% (6% on the existing sales charge of 2%).

This post has been edited by prince_mk98: Mar 7 2015, 04:43 PM

2.12% gomen profit, investor incur extra cost

if all 2.12% go to gomen profit.....FSM no earn?

2% goes to FSM

0.12% goes to gomen after GST.. Currently Zero for gomen.. so after tis gomen profit (get 0.12%)

yes..you are right...0.12% to gomen....

this is as per mind understanding too.
that means what was posted as
"2.12% gomen profit, investor incur extra cost " is a not right...should be gomen profit 0.12%

just wake up and got this BAD noise....

Foreign banks tighten lending rules for China state-backed companies Published on Mar 8, 2015 -

SHANGHAI/HONG KONG (Reuters) - Some banks are adopting stricter lending criteria for China's state-owned enterprises (SOEs), demanding collateral from some companies they used to deem as safe as government debt, as Beijing tries to reform its bloated firms and the economy slows.

Such changes in policy suggest some foreign banks are preparing for a rise in defaults in the world's second-largest economy, which is growing at its slowest pace in a quarter of a century and where the government is trying to make the state sector more efficient. - See more at: http://www.straitstimes.com/news/business/...h.9xNIX9jH.dpuf

Ponzi 1.0 got 4.6% in CN
Ponzi 2.0 got 35% in HK/CN

Buy on rumours...sell on news...

some small mistake

Good day everybody.. Have a great week ahead.

Just sold few funds days ago... Now looking for fund shopping day ahead.