Portfolio IRR < 3%

Tomorrow will be more bloody!

WTI crude below USD 50; currently at USD 47

Brent crude below USD 55; currently at USD 53

IvanWong1989

OT: You got watch Big Bang Theory?

Or you're a physicist researching in string theory?

This post has been edited by David83: Jul 27 2015, 09:19 PM

It's OK. If you watched that US sitcom, you'll understand why I asked that.

Back to original topic.

What do you expect when crude and gold price is low?

Gold critical & psychological support level: USD 1000

Ponzi 2.0 fund size grows to exceeding MYR 3 billion (3.09 billion).

URL: http://www.cimb-principal.com.my/fund_pdf/...d_MYR_FFS_6.pdf

US market closed GREEN.

URL: http://finance.yahoo.com/news/u-stock-futu...5--finance.html

Oil price slide sparks selling in emerging market currencies, including ringgit

KUALA LUMPUR: Concerns on crude oil oversupply, which led the West Texas Intermediate (WTI) crude to breach below the key US$50 a barrel mark, has prompted selling momentum in currencies of emerging economies linked to crude exports, including the ringgit.

“WTI continues to get crushed and so does emerging currencies like the ringgit.

“Investor sentiment is continually plagued by oversupply concerns and the next crucial level to watch (for WTI) is US$42,” said ForexTime Ltd chief market analyst Jameel Ahmad.

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

I have bit too much last month!

Gold Is Only Going to Get Worse

The problem for gold isn’t just that prices are dropping. For many, the metal also has lost its charisma.

Sentiment means a lot in the bullion market, where only about 60 percent of what gets mined or recycled each year is used in jewelry and industrial applications. The rest is sold as coins or bars, so when demand from investors dries up, there can be painful consequences for the bulls who remain.

Prices will drop to $984 an ounce before January, according to the average estimate in a Bloomberg News survey of 16 analysts and traders. That would be the lowest since 2009 and a 10 percent retreat from Tuesday’s settlement. Speculators are shorting the metal for the first time since U.S. government data began in 2006, and holders of exchange-traded products are selling at the fastest pace in two years.

URL: http://www.bloomberg.com/news/articles/201...ls-lower-prices

Suddenly SSE Comp and HSI closed in red.

Bank Negara stemming the decline of the ringgit

The ringgit hit a fresh 17-year low of 3.8288 against the US dollar in intra-day trade yesterday before settling at 3.8190 against the greenback at the close. That represented a depreciation of about 0.23% from the closing value of 3.8103 on Wednesday.

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

Gold heads for longest weekly losing streak in 16 years

MANILA: Gold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall, its longest retreat since 1999, after upbeat U.S. economic data strengthened expectations for a near-term hike in interest rates.

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

ROI in my portfolio is -6.3%

MYR hit 3.83XX level

[attachmentid=4678487]

For that particular fund is -19.5%

Extended slump in oil taking toll on industry, economy

NEW YORK (AP) -- As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth.

URL: http://finance.yahoo.com/news/extended-slu...-183201770.html

Ringgit woes continue

THE ringgit is falling – and so are other regional currencies – as the rise, and rise, of the US dollar pummels currencies around the globe, sending many to their multi-year lows.

[attachmentid=4679428]

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

Idea Of The Week: Do You Really Need RM10K For A Unit Trust Portfolio? [31 July 2015]

If you have less than RM10,000, can you kick start your investment journey? Here's a piece of good news: yes you can! In this week's Idea of the Week segment, we explain the minimum investment amount to build a unit trust portfolio on Fundsupermart as well as the power of compounding.

1. MINIMUM INVESTMENT SUM FOR A GLOBALLY DIVERSIFIED PORTFOLIO
2. STARTING EARLY - HARNESS THE POWER OF COMPOUNDING!
3. CONSIDER REGULAR SAVINGS PLANS
4. IT'S NEVER TOO LITTLE, TOO LATE

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=6123