now is -1.03%
FD rate is 3.5%
now till DEC is 3 months
to have 4.5% portfolio ROI in 3 months
(40% of your portfolio must have 10% Nav increase or 80% of your portfolio must have 5% NAV increases.......with the FED rate hike SOON)
GET ready your packing box(es) ?

but I think most of the time...most people would say..."UTs is for long terms.....Plan well, BUY and Forget for a few years, let the FM make the monies for you"....

Never give up. Never say die. No retreat no surrender.

That should be our motto in life.

As i'm not trading mutual funds / ETFs or stocks, i'd risk "catching a falling knife" if it's of value to me & fits my plans since i pray to buy at discounts

Trading-wise, definitely won't try unless with great premiums-to-risk rewards + a few exit plans (cut loss).

Just thinking that some fellow investors here may understand the "don't catch a falling knife" too literally.
It depends on how it fits one's plans.

Yeah that's what most people say, fact is you see your portfolio,, eg if profit at one time few months ago showed RM20k,
today left only RM1k, just wonder worth wanting more than just that RM20k few months back.

I did take some profit, i wonder if i should have locked up all at that time, instead of now waiting for the cycle to restart climbing again. And climbing up is painfully slow but falling down is so damn fast!

just like this famous "Not one step back!" (Russian: Ни шагу назад! / Ni shagu nazad! ), which became a slogan of Soviet resistance....during the Battle of Stalingrad.

This post has been edited by T231H: Aug 27 2015, 01:03 PM

Wong Sifu,
Am I taking "correction" too literally? "Correction" as in how some smart analysts like to describe a sharp downfall.

Prices were previously too high, so all were corrected to a lower level where prices will be traded within a new bandwidth, somedays up, somedays down. And will take maybe a long time to reach back the overprice peak levels.

Correct or not?

If correct, then can we safely say that the prices these 2 days are more or less cosmestic up days for quarterly reports? And volatility will continue next week and more interesting with Monday holiday for us, Thursday for Hong Kong market where most China funds will not be priced, and especially next Friday before Wall Street goes on a 3-day weekend.

=============

What quarterly reports am I talking? This is still August, not September...

This post has been edited by j.passing.by: Aug 27 2015, 01:48 PM

Volatility is a such a wanker,
But she is staying on like a pecker,
Wherever it is, you will experience panic,
Unless of course you bet on the titanic.

Money mkt is such a safe haven,
But it won't give you yield that's heaven,
So, get used to the rough ride,
Your arse will gonna get more slide.

The theme this time around is avoiding volatility:

Small cap, Titan, Tech Sector, Ponzi 2 and greater china
are all under the ball's radar. Of which, the balls prefers
Tech matched with Ponzi to get the best risk adjusted reward.

I'll put my money 50% Ponzi 2 (Asia Pac, low volatility vis-à-vis country specific exposure ) and 50% Global Tech (proxy for US exposure to ride on the USD momentum).

Xuzen

Yo J.Passing.By,

Not sifu lar bro - just "see food, eat food" (black hole for food)

U talking about "market correction"?
In "market talk"-wise, yeah i read 10%+/- is such an animal,
20%+/- is a crash, etc etc
---
However, personally i worry about such words being used to categorized, thus summarily programming/affecting my own investing or trading response/thoughts.

Case in point:
It fell 9%-11% yeah. "Correction".
but ar - is it "corrected enough"
eg for China's Shanghai index - the past year+ run-up was like 120%+/- but these past months fell 30%+ only, heck even if 40%, it'll still be crazy-high VS time, though 2 days back it's index has fallen within the 1, 3 & 6 years' standard deviation - becoming a well-behaved animal again
VS
should i assume that it's alright now since "correction" happened liao?
eg. can just buy that index/market liao safe enough
---

Sorry, i digress - just had to point out the danger of using simple "categorization" words that can affect one's judgement/actions.

I'm unsure whether the prices for these 2 days are cosmetic - for quarterly reports.
U talking about US markets right?
All i can "see" & "fact" (my reality, based on my personal perception) is:
1. US markets have hit crazy volatility last Thu till now
We are talking about historically happening like.. 3 or 4 times in EVER! (ie. longer than "Malaysia" existed)

2. Lots of disagreements / bear-bull fighting
Past 2 days - S&P500 opened up very high , then fell, then yesterday jumped like a man on fire

3. I agree with U that S&P500 is now within "normal" price band
- ie not way above or below 1 or 3 or 6 years' standard deviation.
BUT NOT lelong yet generally - i won't happily go buy just coz of some commission discount/promo unless it happens to be my time for VCA

I think at item (3.) - we share the same reality.

However there are pockets of lelong if one were to look into -
eg
to me: HCP or healthcare REITs, CVX+XOM+COP or energy sector
and yes, $ where my mouth is did get into those 2 sectors / stocks

Note - still hope hunting / GTC (good till cancelled) for crazy fear if it continues down another 10%+ for KO & PAYX
i generally hope & buy, then zzz-monitor held
VS buy and hope

This post has been edited by wongmunkeong: Aug 27 2015, 03:02 PM

"Rebalancing" my portfolio by adding 3 more equities to the total of 6.

Topup AnitaMui Bond aswell.

anitamui/anita bond, amdynamic bond?

Wong Sifu... still the sifu here anyway...

So it all - whether it is pullback, correction, bear, bull, or whatever - boils down to hindsight, after the event had happened that we know what animal it is. Just that some analysts' predictions carried more weight than us non-analysts' bs.

Sometimes there is too much info to brain; that's why sticking to UT, not stocks. This restless investor is still trying to gain an extra edge; now breaking up long-term into a series of short-term...

Libra Asnita Bond

bro - not saying "mutual funds are bad" like tinkosong ar
just another PoV:
a. Equity Mutual Funds: Mgt Fees 1.5% - 2%pa die die must pay whether market up/down/left/right
VS
b. ETFs: Mgt fees 0.25%pa to 0.75%pa
VS
c. Stocks of individual companies: No mgt fees pa

Assuming:
1. One has the discipline/hunger to save
2. One has enough to transact RM2.5K to RM3K per transaction
3. One has enough time/hunger to do homework
AND
Assuming overall equity market returns 8%pa-10%pa before fees

Just holding (a.) vs (b.) vs (c.):
Mutual funds will "lose us": 1.5% / 10% pa = 15% of our returns every year
VS
ETFs: 0.5% / 10% pa = 5%
VS
Stocks: 0%

Compound the "loses" 60 years (30 years build-up +30 years retirement) and whoa... comparatively lar
Keep in mind whether make or lose, still 1.5% to 2% mgt fees ar.

To some, like me, it may be worth the pain/effort to build up into ETFs and stocks -
ie. while still holding current equity funds / reallocating between funds,
new cash investments only into ETFs and direct stocks.

Screenshot of simple Excel for easy visualization
10% CAGR


8% CAGR


This post has been edited by wongmunkeong: Aug 27 2015, 04:36 PM

Moody's: Clouds gathering on Malaysia's positive outlook rating

http://www.theedgemarkets.com/my/article/m...-outlook-rating

Cannot think like this leh, as we cannot lose what we don't have.

If we think of these costs as losses, then very difficult to survive as 'no man is an island'; we will find it very difficult to spend money on anything if we don't want to allow any goods and service providers to make any profit from us!

Simple to just think of net returns. If we spend time and effort on picking stocks on our own, then obviously we should expect better returns.

This is called opportunity cost

heheh - like i said, no absolutes (right/wrong).
I dont begrudge people from making a living
Just that if i myself sweat a bit more and can "pay myself" that 1.5%-2%pa - whoa..

Notice i didn't even compare "entry cost" - each vehicle has it's uses.
Each person may use a vehicle very differently
Those with businesses and/or high flying /paying jobs - i guess no point DIY into ETFs & stocks
VS
kuli like me heheh - hard earned $ leh, i must be like sniper (headshot!) when possible to ensure best deployment of bullet given what is known


This post has been edited by wongmunkeong: Aug 27 2015, 05:18 PM

No, it is not. "Opportunity cost" is the loss of other alternatives when one alternative is chosen. And all the alternatives are equally viable and available for selection.

If we don't see the other alternatives as equally viable for selection (ie. there is no knowledge and interest to pick stocks), then there is no lost in opportunity.

"Lost opportunity is better than lost money".

not high-flyer... just kuli like you. The one major difference is that this restless investor is also lazy.