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 Fundsupermart.com v11, Grexit or not, Europe will sail on...

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river.sand
post Aug 11 2015, 05:17 PM

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1 USD = 3.99 MYR doh.gif

I need to edit my siggy soon cry.gif
river.sand
post Aug 14 2015, 07:10 AM

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QUOTE(nexona88 @ Aug 13 2015, 10:41 PM)
U.S. Fed likely to raise interest rates twice this year

http://www.theedgemarkets.com/my/article/u...ar?type=Markets
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The survey was probably done before Yuan devaluation. Now thing could change...
river.sand
post Aug 14 2015, 01:36 PM

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QUOTE(ben_panced @ Aug 14 2015, 01:23 PM)
Hi noobie here. How do I buy funds with fpx? I tried buying but payment method available is only cheque.
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Select Cheque.
river.sand
post Aug 14 2015, 04:19 PM

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QUOTE(Pink Spider @ Aug 14 2015, 01:38 PM)
1 USD = 4.1x MYR whistling.gif
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Now is 4.0773 according to Yahoo Finance unsure.gif
Will change if MYR goes south further...
river.sand
post Aug 15 2015, 01:58 PM

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QUOTE(Pink Spider @ Aug 15 2015, 10:07 AM)
nod.gif

That is one.

Another, market is RARELY rational. China/HK undervalued? How to say undervalued? What is your definition of "value"? Just because it used to trade at PE 15 times, and its now 10 times, so it's cheap?

Value is subjective.

U see LV bag 20% discount, good value. But I see it's just an ugly piece of leather, u sell me RM100 I also don't want, I rather have a tower of beer with that money. tongue.gif

US/Europe/Japan overvalued yes, but I'm buying names like ExxonMobil, CITIBANK, BMW, General Electric, Toyota, SONY etc. How many years of heritage, how many years of steady growth?

Compare that to Asian growing companies. Yeah recent growth was booming, but how many companies boom like a star and then disappear abruptly? See HTC now? whistling.gif

I'm still sticking to my 1/3 Developed Markets 2/3 Asia+EMs strategy wink.gif

Actually on a hindsight, 50/50 is even better doh.gif
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Well said notworthy.gif
Many great US/Europen/Japan companies make their fortunes in emerging markets.
And, while China is the world leader in manufacturing solar panel, many top Chinese solar panel makers have gone bust.

This post has been edited by river.sand: Aug 15 2015, 02:21 PM
river.sand
post Aug 17 2015, 06:03 PM

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QUOTE(Vanguard 2015 @ Aug 17 2015, 05:47 PM)
Interesting. I wonder whether it is possible to have a voting system in this thread. I am really quite keen to see the asset allocation ratio of the members here.

I always thought (maybe wrongly?) that most investors here are mostly into equity funds and have very little bond funds.
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I guess we have to look at bigger picture, which include your other assets.
If you still have quite a bit of cash in FD account, then your bond portion can be smaller.
On the other hand, if you have invested heavily in properties, you may want to reduce your equity portion.
river.sand
post Aug 21 2015, 04:40 PM

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QUOTE
China factory activity falls to weakest in over six years

Factory activity in the world's second largest economy, China, shrank at its fastest pace in more than six years in August.

The private Caixin/Markit manufacturing purchasing managers' index (PMI) dropped to 47.1 from 47.8 in July.

A figure below 50 shows contraction in the sector and one above means growth.
source

47.1 is pretty bad.
But China's service sector is expending. Will it be able to offset the slowdown in factory activities hmm.gif

This post has been edited by river.sand: Aug 21 2015, 04:41 PM
river.sand
post Aug 21 2015, 07:36 PM

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QUOTE(nexona88 @ Aug 21 2015, 04:57 PM)
and also please take note

wei where's the merdeka promo? FSM staff sleeping kah!
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Maybe changed to Hari Malaysia promo rolleyes.gif
river.sand
post Aug 22 2015, 06:52 AM

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QUOTE(David83 @ Aug 21 2015, 07:56 PM)
Ringgit falls to nearing 4.18 per USD

Nilai Ringgit paling lemah sejak 1998

URL: http://www.malaysiakini.com/news/309408
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QUOTE(David83 @ Aug 22 2015, 05:43 AM)
Oil ends down more than 2 percent as U.S. drilling points to glut
[RIG/U]

URL: http://finance.yahoo.com/news/feels-1986-o...-035541446.html
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Next week 4.2x sweat.gif
river.sand
post Aug 24 2015, 12:19 PM

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China plans to let its main state pension fund invest in the stock market for the first time, the country's official news agency, Xinhua, has reported.

Under the new rules, the fund will be allowed to invest up to 30% of its net assets in domestically-listed shares.

China's main pension fund holds 3.5tn yuan ($548bn; £349bn), Xinhua said.

The move is the latest attempt by the Chinese government to arrest the slide in the country's stock market.

http://www.bbc.com/news/business-34033208


river.sand
post Aug 25 2015, 06:58 AM

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QUOTE(wil-i-am @ Aug 24 2015, 10:51 PM)
Aberdeen Sees Buying Opportunity as Stock Rout Deepens on China
http://www.bloomberg.com/news/articles/201...eepens-on-china

Time to revisit China?
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It will probably be another 3 years before China's market will show sign of life.
Remember that before last year's dramatic rise, China's market was quiet for a couple of years?
river.sand
post Aug 26 2015, 09:11 AM

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QUOTE(Pink Spider @ Aug 25 2015, 08:39 PM)
RHB Asian Total Return 7%
RHB Emerging Markets Bond 20%
CIMB Global Titans 15%
Aberdeen Islamic World Equity 12%
CIMB Asia Pac Dynamic Income 12%
Affin Hwang Select Opportunity 5%
Affin Hwang Asia ex Japan Quantum 12%
Eastspring Global Emerging Markets 18%
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I thought you were heavy on GTF?
river.sand
post Aug 26 2015, 08:08 PM

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wanna ask...
When you compute IRR, do you ignore the 'dividends'?
river.sand
post Aug 27 2015, 05:11 PM

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QUOTE(j.passing.by @ Aug 27 2015, 05:06 PM)
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!  ohmy.gif

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.
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This is called opportunity cost wink.gif
river.sand
post Aug 29 2015, 07:16 AM

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QUOTE(Pewufod @ Aug 28 2015, 10:11 PM)
almost 10 emails of void orders from FSM lol
keep getting stuck at fpx page for chrome
if i use IE then the accept/next button vanishes after i click my bank
FML
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You got Maybank2u? Try make payment to iFast.
river.sand
post Sep 1 2015, 07:41 AM

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QUOTE(T231H @ Aug 31 2015, 07:07 PM)
the media has harped on 1Malaysia Development Bhd (1MDB), it is not the only problem faced by Malaysia.
There are other equally disturbing things happening in Malaysia, so 1MDB should not be the only news put on headlines, he said.

In June, the World Bank released a report on Malaysia’s urban transportation system which revealed that Greater Kuala Lumpur residents spent 250 million hours a year stuck in traffic and travel 29km/h slower on average during morning peak hours, costing 1.1% to 2.2% of the gross domestic product (GDP) in 2014, or RM12.7bil to RM24.7bil in losses.

Said Teng Boo: “Yes we talk about 1MDB and the RM42bil debt. That is bad and I am not belittling the problem. But here we have a problem which is happening every year. This is RM12.7bil to RM24.7bil which is lost per year,”

He cites another example.
“Why was Sepang chosen to house the Kuala Lumpur International Airport (KLIA) and not Subang? The KLIA is 80km from Kuala Lumpur. Today the KLIA is the furthest airport from the city centre in the world. “Right now, KLIA receives some 20 million to 30 million passengers a year. The amount of money that needs to be spent on the taxi fare to the airport is roughly RM70 one way. Lets say some 10 million people use the taxi to and fro the airport. This easily adds up to RM1.4bil. How much subsidies are we subsidising the KLIA?” asked Tan.

“I have said this before. If we were to take a sleeping pill and sleep for 50 years, Malaysia may become Argentina if this continues. ”  sweat.gif

http://www.thestar.com.my/Business/Busines...imes/?style=biz
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If you see it in another way: money spent on taxi fare is good for the taxi drivers.
And if taxi drivers have higher income, they would spend more, which is good for the economy.

No? rolleyes.gif
river.sand
post Sep 1 2015, 03:49 PM

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QUOTE(ziiriium @ Sep 1 2015, 03:43 PM)
Get Out Of The Stock Market And Own Physical Gold & Silver

http://kingworldnews.com/danger-richard-ru...e-stock-market/
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This fella is a gold bug?
river.sand
post Sep 1 2015, 08:36 PM

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QUOTE(kimyee73 @ Sep 1 2015, 07:38 PM)
I think can but only rm5K limit. I tried with rm4.7K many months ago and it can go through but last month I tried with rm20K and it fail with amount exceeding limit error. Called up Ambank customer service and they tried to resolve it for several attempt but all not successful. I'm back to CIMB with it rm30K limit.
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Rich guy spotted rclxms.gif
river.sand
post Sep 1 2015, 08:46 PM

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QUOTE(kimyee73 @ Sep 1 2015, 07:41 PM)
That is why gold is considered as insurance because when everything else crashed and burnt, gold will shoot up to the sky.
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Gold investment (actually trading) is based on the Greater Fool Theory rolleyes.gif

BTW, if stocks, bonds, properties all fail...
In HK, people can still invest in parking lots wink.gif
And Pinky will invest in a Vietnamese bride brows.gif
river.sand
post Sep 2 2015, 09:33 PM

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QUOTE(kimyee73 @ Sep 2 2015, 06:01 PM)
>=50 years old already?
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Warren Buffett is 84 years old.
Lee Kuan Yew was still an MP when he died, and his last book was written just a few years ago.

This post has been edited by river.sand: Sep 2 2015, 09:39 PM

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