May 2 2016, 09:49 PM
QUOTE(j.passing.by @ May 2 2016, 09:36 PM)
Hi,
Time to bs another long post... prefer to bs in this thread so that can review back what were my bs thoughts at this point in time.
==========
Question: I have xxx fund... should I top up?
Answer: What is the main worry - the fund or current market status? If it is concerning the fund, then do a review by comparing its performance in the past 3 years against its benchmark, and also against other funds of the same category.
If the worry and hesitation to top up is about the current market status, then you should proceed with the top up!
Simple reason: no one can safely predict how the market will be in the next several weeks or months; so the hesitation is just emotions at play and nothing to do with any planned investment method and objective.
Lastly, the words “top up” means that you are still in the beginning stage of accumulating units... so should carry on with the regular buys to reach the financial target as planned.
==========
Question: My xxx fund is at -X% currently. How much should I top up next week?
Answer: Depending on whether you are using DCA or VA... if DCA, then it is the same fixed amount each time. If VA (value averaging), should top up to the predetermined amount that was set at each date.
(See the post dated 19-5-2015 for further explanation on DCA and VA. Post was just updated to include the effect of adding inflation into VA.)
==========
Question: My xxx fund is at xxx% lost. Should I sell it?
Answer: What was your financial objective in purchasing xxx fund? If it was a one-time-purchase because of speculation that this xxx fund will ‘perform’ in a short period of several weeks/months, I wish you better luck next time.
And next time, look into the entry costs too... going in and out will cost you a lot of service charges in the long run.
Check out other fund companies or investment platforms that have lower service charges – anyway, it will still adds up... Even if we used a less costlier option of switching to other funds such as money-market or bond funds, the switching fees will add up to a tidy amount in the long run.
============
Question: I am new to UT. What should I do?
Answer: Read all my previous posts in this thread!
Pretty good Q&A you have provided. Time to bs another long post... prefer to bs in this thread so that can review back what were my bs thoughts at this point in time.
==========
Question: I have xxx fund... should I top up?
Answer: What is the main worry - the fund or current market status? If it is concerning the fund, then do a review by comparing its performance in the past 3 years against its benchmark, and also against other funds of the same category.
If the worry and hesitation to top up is about the current market status, then you should proceed with the top up!
Simple reason: no one can safely predict how the market will be in the next several weeks or months; so the hesitation is just emotions at play and nothing to do with any planned investment method and objective.
Lastly, the words “top up” means that you are still in the beginning stage of accumulating units... so should carry on with the regular buys to reach the financial target as planned.
==========
Question: My xxx fund is at -X% currently. How much should I top up next week?
Answer: Depending on whether you are using DCA or VA... if DCA, then it is the same fixed amount each time. If VA (value averaging), should top up to the predetermined amount that was set at each date.
(See the post dated 19-5-2015 for further explanation on DCA and VA. Post was just updated to include the effect of adding inflation into VA.)
==========
Question: My xxx fund is at xxx% lost. Should I sell it?
Answer: What was your financial objective in purchasing xxx fund? If it was a one-time-purchase because of speculation that this xxx fund will ‘perform’ in a short period of several weeks/months, I wish you better luck next time.
And next time, look into the entry costs too... going in and out will cost you a lot of service charges in the long run.
Check out other fund companies or investment platforms that have lower service charges – anyway, it will still adds up... Even if we used a less costlier option of switching to other funds such as money-market or bond funds, the switching fees will add up to a tidy amount in the long run.
============
Question: I am new to UT. What should I do?
Answer: Read all my previous posts in this thread!
Quote
Not under my power to say so. Best complain to the branch office for any misleading information. I had stay away from the thread and reading only. 
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