You need to let the profit runs. I have done some backtest and locking up profits along the way performs slightly lower than letting the profits run up with a trailing stop.

Don't catch a falling knife. Don't know how low it will go. I'm waiting for it to turn back up before go in.

I'm using 80/20 for my kids, 60/40 for myself and 30/70 for my parents.

Red is good. Give you more opportunity.

My main portfolio IRR at 6.5% based on 19/8/15 price. Main gainer and hitter are CIMB GTF 17.7% IRR, EI Small Cap 9.9% IRR, TA GTF 5.58% ROI, AMB Ethical -19.91% IRR, AMB Dividend -7.3% ROI

This post has been edited by kimyee73: Aug 21 2015, 02:16 PM

A month ago IRR was 6.75%

Not really, only 10%. I have 14 funds in my largest portfolio. Biggest drop in IRR are from EI Small Cap -10.35%, CIMB GCF -7.72% and RHB Emerging Opportunity -6.3%. CIMB GTF gain only 3.5% and Ponzi 2.0 2.8%. Remember this is 2+ years portfolio, IRR would not drop much due to past profit taking.

Don't try to time the bottom or top. Profit from the moves in the middle. For me, I would wait till it started to go back up again before buy. May fall for bull trap sometimes but better than try catching a falling and ends up drying your cash reserve.

Is this your combined portfolio IRR? You said before that you have them in various beneficiary accounts.

Actually it is easier to profit from buy high, sell higher.

I've 5 beneficiary accounts LOL. I only quote 1 of the account as it contain the bulk my funds.

You will need to know when a trend has been established and then go in. Usually thru a breakout. Equity spent most of the time going up, so when it goes up, probability of it going up higher is more than it is going to reverse down in the longer term. In short term there are plenty of wiggle, so can ignore them.

How diversified is your entire net asset? When in retirement, it is recommended that you have a 3-tiered portfolio strategy, short term target distribution such as FD, cash, money market etc. that can last for 2 years of expense, a mid-term balanced of stock and bond for 2-10 years need and lastly long term growth portfolio mainly in global equity. On top of that you need to have insurance in the form of gold. It is also good to have passive income from rental return if you like property.

This is after you reach your retirement age and assume that you have enough cash to retire. From there you keep aside 2 years of expense. Why 2 years. Usually it will take 2-3 years for market crash to turn around. With enough cash, you don't need to sell your investment at low price to cover daily expense. Also if you cut lost your investment when market started to crash, you would have enough cash to buy at near bottom and ride it up.


Yes actually. The recommendation is 5-10% of net asset in gold bullion. People will buy gold in global financial disaster causing the price to soar. That actually offset the fall in your stock and bond. Also gold can be used to as hedge for the collapse in currency. Are you aware that about 8 months ago when gold was about $1200 per oz., UOB is selling paper gold at about RM127 per gram? Recently gold went down to $1100 per oz. but UOB is selling them around Rm136 per gram. Now gold is at $1150 per oz. but UOB is selling them around Rm157 per gram. Ringgit down, no worry because you got gold as insurance.

Buying opportunity!!

Why not? It is 4% of my portfolio. Going to make it 10% as I believe gold company stocks will rise significantly in the next 1 year or more. Forgot to mentioned that my ROI is now 7.35%, up from around -32% couple of weeks ago.

This post has been edited by kimyee73: Aug 26 2015, 05:33 PM

For me stock/ETF/ETN/options/Forex are just 10% of my net worth and I'm using them to grow my net worth beyond what UT can deliver. If I lost that 10%, it would be painful but would not affect my retirement. UT formed 47% of my net worth.

Did you get a bargain on CVX? Big 5 oil companies are still running with cash deficits for the last 10 years and oil is not bottom yet with Saudi/OPEC cranking up supply to maintain market share, Iran oil coming out soon and US shale oil producers increasing supplies to service their debts. Supply is more than demand now.

Good for you. I'm betting on gold for the next couple of years. This sector is very cheap, oversold and hated. A very good setup for contrarian play. Good junior gold miners would be setup for big gain. In accumulation mode now.

Could be just a dead cat bounce...