was thinking to myself.....
This CMF is sort of like a steel basket with padded walls.....quite safe for the eggs....ONLY draw backs is will the returns outpace the inflation....

Distribution for Ponzi 2.0 has been credited in.

This post has been edited by David83: May 13 2015, 07:02 PM

Eurozone economy grows at fastest rate in nearly 2 years

BRUSSELS (AP) -- The eurozone economy grew at its fastest rate for nearly two years during the first three months of 2015 thanks to a raft of favorable conditions such as the sharp fall in oil prices, official figures showed Wednesday.

The 0.4 percent quarterly increase in economic output across the 19-country bloc was up from the 0.3 percent recorded in the previous quarter and in line with expectations. It matches the rate recorded when the eurozone emerged from its longest-ever recession in the second quarter of 2013.

URL: http://finance.yahoo.com/news/eurozone-eco...-093031972.html

Malaysians urged to invest amid current technical correction
Wednesday, 13 May 2015
KUALA LUMPUR: Malaysians should take the opportunity to invest, whether in the stock market or unit trusts, during this current technical-correction phase, said Malaysia Association of Technical Analysts (MATA) President, Datuk Dr Nazri Khan Adam Khan.
Seeing the technical correction in the stock market as a "usual" phase annually, he said the current weaker market environment coupled with the easing of the ringgit and lower oil prices should augur well for market players to invest.
"In the months of May and June every year, seasonally, the (stock) market will consolidate, that's normal. I think the main reason the market is consolidating right now is because of expectation that the United States will raise its interest rate.

http://www.thestar.com.my/Business/Busines...tion/?style=biz

what do you think?

I am also quite skeptical about it. The annual yield for CMF is about 3.6% right, and our inflation is around ~3.xx right ?

So, does CMF hedge the inflation ? I am not sure about my theory up here, anyone to clarify ?

Notified via email.

KLCI up 4.41 points or 0.25% to 1,803.02

Genting was the biggest mover of the KLCI with a gain of 2.28 points when it ended the day up 35 sen to RM9.07.

Petronas Chemicals advanced 14 sen to RM5.99 and nudged the KLCI up 1.95 points.

Plantation heavyweight IOI Corp staged a 14 sen gain to RM4.30 and lifted the KLCI 1.57 points.

US market ended flat:

Wall St little changed in earnings, data lull

(May 14): Wall Street's major indexes gave up early gains to end Wednesday's session little changed as some investors stood on the sidelines waiting for the next round of economic data at the tail end of earnings season.

U.S. retail sales were unchanged in April as households cut back on purchases of cars and other big-ticket items and import prices fell for a 10th straight month in April and business inventories barely rose in March.

The data suggested to some investors that the U.S. economy was struggling to rebound strongly enough for the Federal Reserve to raise interest rates before September.

URL: http://www.theedgemarkets.com/en/article/w...nings-data-lull

Asian Stocks Slip as Bond Slump Continues; Kiwi Gains, Oil Falls

Asian stocks retreated as the selloff in global bonds accelerated, with Japanese yields rising to their highest level since March. New Zealand’s dollar strengthened amid a surge in retail sales, while oil extended losses.

The MSCI Asia Pacific Index lost 0.2 percent by 10:05 a.m. in Tokyo, falling from a one-week high as Japan’s Topix index slipped 0.3 percent. U.S. stock futures advanced 0.1 percent. Yields on 10-year Japanese government debt climbed for a third day, to 0.46 percent, while Australian bond rates jumped six basis points. The kiwi added 0.8 percent as the Bloomberg Dollar Spot Index maintained declines at an almost four-month low. U.S. oil slipped for a second day, while crops climbed.

URL: http://www.bloomberg.com/news/articles/201...ook-crude-slips

My understanding of CMF is this:-

(a) it is a money market fund;
(b) it will invest in securities with maturity period of less than 12 months, for e.g. a collection of fixed deposits; and
© it is not guaranteed by PIDM.

Although the chances of CMF defaulting is virtually zero, I believe in the US, there had been cases where money market funds have collapsed before.

FSM created CMF as a parking facility while we are deciding where we wish to invest our money. Therefore CMF is NOT meant as an investment to beat inflation or to hedge inflation. It only offers a better interest rate than its benchmark, the Maybank savings account rate.

Since CMF is a parking facility, this explains why even if we transfer money from an RHB-OSK equity fund into CMF, it is considered as a redemption and NOT an intra fund transfer where we earn credit points (although it is a transfer within the same fund house, i.e. RHB-OSK).

I hope this info helps. Cheers.

currently i invested 50% in ponzi 2 and 50% in greater china
thinking of diversifying to reduce risk.. which to add? japan? global titan? or just local kgf?

if i am not mistaken...your UT investment is just a very small % of your assets.. (about 1%)
wondering why want to diversify, as diversify may be "safer" but the returns may not be that great....

if you want...KGF is a safer bets based on the past 10 yrs track records...but i think you have 30% of KGF already....
in that case...GTF is a better choice of this 3....

This post has been edited by yklooi: May 14 2015, 12:02 PM

Wow.. you can remember so many things!

I am not invested in the Malaysian stock market yet for the following reasons:-

1. I have no money left to invest in the KLCI. I need a reasonable capital layout for diversification purpose.

2. I have no experience. I am still learning the ropes in unit trust.

3. I think the pricing is still too expensive. I am only interested in blue chip stocks not penny stocks.

4. I am still reading books on value investing, the different strategies used for investing in the stock market, etc. This will take some time. I am a slow learner.

5. Investing in the stock market is whole new different ball game. With unit trust, there is a so-called margin of safety because the unit trust may invest in a collection of 30 to 40 stocks. The fund manager is watching the fund. Chances of the unit trust dropping to zero value is slim. With stocks, I believe it can be considered to have gone down to zero value if the stock is delisted. There is no fund manager to help me monitor the stock.

6. In summary, I believe investing in unit trust or the stock market is like gambling in a giant casino if we don't have a game plan.

only those exceptional one


This post has been edited by yklooi: May 14 2015, 12:08 PM

Bad choice in diversification....

Ponzi 2.0 has abt 50% in Greater China exposure.... putting another 50% into a UT that expose to Greater China will only increase your Greater China exposure to 75%... this is certainly not diversification, more like concentration.

Xuzen

yklooi, the fact that most of my investments are somewhere else, and those are safe investment, hence why i'm trying to be agressive with FSM.. but at the sane time still takut lor.. so want to diversify a bit, at least wont tergolek dog if market is really bad

xuzen, yes looks like i'm dumping all in one region, thats why i ask how to diversify lah..

I never knew technical analysis also got an association

The correction is very minimal. Don't get too excited

"safe investment"? ASB kah?

lol.. yes lor, among others
also some in bank rakyat, AHB, PRS, TH etc
ASB whether safe or not depends on perception
some perceived not safe under the hands of najib