I just topped up CIMB Global Titans, TA European Equity Fund and RHB Emerging Markets Bond Fund. This is part of my re-alignment exercise.

Hope it will work out in the long run.

The Chinese fortress is still under siege and suffering heavy casualties. The soldiers are running out of food and supplies. Morale is low.

The Chinese government promised reinforcement but until now there is still not sign of that.

Sigh....how long more do we have to wait? Should we surrender or continue to fight?

I am holding off buying anything to do with europe now. with markel and the rest of her stooges accepting immigrants without filter. sooner or later something is going to happen.

Changed my siggy... again

change to 1 USD = 4.5x MYR

topup anyone?

Any promotion now?

oops wrong post

This post has been edited by yklooi: Sep 9 2015, 07:05 AM

maybe after "the happenings" on 16 Sept.
in the meantime will keep cash under the pillow and top up a week plus of groceries at home...just incase it is volatile like the market.

Gud risk management

Waa.. will bo..... @@... scared....

then "someone else" enjoy your $$

wah. nikkei +7.75%

yummy yummy...

is this rhb asia total return fund keep rising due to forex exchange? it is a bond fund and it has went double digit since i invested 2months ago..

This post has been edited by ben3003: Sep 10 2015, 08:10 AM

I've been enjoying double digits IRR on this for >1 year already...

Forex + Asian countries' monetary easing (interest rate cuts, stimulus etc)

ohh.. i tot interest rate cuts bond will go lower? or go the opposite way, owes confused haha. if US hike interest rate, means bond will go down? feel like topping this up more instead of others, going up so fast, even equity also lose lol..

When interest rate is cut, current outstanding bonds will go up

E.g. last time FD rate 3%, I issue bond (I.e. I borrow money) at 6%. U buy my bond. When interest rate is cut to 2%, I actually can borrow at 5%. But u holding Pinky Bond 6%, if u sell the bond, it will become more valuable

Cannot understand hahaha.. can understand first part, straight forward. But the y drop FD, u can borrow at 5%, but i holding 6% will be more valuable.. becos bond is upon maturity only u get the interest right? mean i issue 1mil bond, upon maturity i will get 60k right?

My credit strength allows me to borrow at FD + 2%

I issue bond at 3% + 2% = 5%
That bond matures in 10 years

Tomorrow FD rate drops to 2%
By right I can borrow at 4% now

But the holder of the bond still enjoys 5% (1% excess) interest payment for 10 years