AA?
sorry ar, not in my radar to invest (due to biz sector & long term historic company biz) nor for my small pasar malam trading biz

ooh...u dun like to whack plane rupanya

Yes, and I didn't move it out because the initial investment I made to Greater China was from CMF2.

ROI, it's about -1%. I just began with ponzi 2.0 few months back, currently only holding that one and soon-to-be sold Greater china.

Lesson learnt.

Coffee ah, sure..

thanks for the constructive comments. it do help me a lot.

would u mind to explain:
a. Why recommend fund that has dropped 8% or more?
b. What is DCA and VCA? i only know cash and RSP
c. Yes its true that i m investing using spare cash. i already had 6 months of emergency fund with no bad debt.
d. for starter, i plan to invest with small amount perhaps rm1000 per fund or rm500 per fund. is CIMB ISLAMIC ASIA PACIFIC EQUITY FUND really convincing to initiate with? or should i try KENANGA GROWTH FUND because the NAV price is reducing continuously?

Have u read Post #1 to understand what is unit trust and what is in their NAV pricing?

DCA = Dollar Cost Average
VCA = actually salah acronym, should be DVA - Dollar VALUE Averaging

Google about these 2 terms...

I think the writer in this article is saying that all the while, since 2007, the shanghai index is on a very long down trend. When looking at the index over the past 5 years, the upward push from Nov/Dec (about 2300 to the peak of 5000 points) is an anomaly and manipulated. In time, it will continue the down trend from 2300.

As John Mauldin wrote in his “Thoughts From the Frontline” e-letter this week: “Chinese individual investors are not primarily ‘value’ investors. Sky-high valuations don’t seem to faze them. They are primarily momentum investors who buy whatever is moving and sell whatever is falling.

“According to my friends who go to casinos and watch the Chinese gamble, they tend to jump on a ‘trend’ such as red coming up on the roulette table repeatedly — never mind that the odds are only ever 50-50. Red is seen as hot and therefore the way to bet. That carries over into trading styles. …”

When highly unsophisticated investors run into trouble, they panic quickly and try to get out at any price. The same inexperienced bettors who drove Shanghai up to 5,000 will take it way down, maybe to the last bear-market low above 1,700 — or maybe even lower, to 1,500, before it finds a long-term bottom.

When Shanghai was peaking at 5,000 in June, I gave you five words of advice: Get. The. Hell. Out. Now.

To which I’ll add five more: And. Stay. The. Hell. Out.

http://www.marketwatch.com/story/chinas-st...15-07-08?page=1

i see..
i understand those two term but dont know the acronym.

I noticed there is a number of Asia ex-Japan funds having quite a substantial investment in China market. Do you think it is kind of overlapping if one also invest in Greater China funds?
Should I exit Greater China fund since I have already invested heavily in Asia ex-Japan fund?
Appreciate your advice. Thanks.

One question - how gung-ho are u?

Yes? Put more!
No? Lari!

Generally overlapping is not good idea.

Single country is like in the roulette table you buy the single number... kena will kena "kaw-kaw"

Asia ex-Jp is like buying "six" or 1/3 of the table... more chance to kena but pay-time, no shiok wan... chicken feet return only.

Single country or broad based... depends on your risk appetite and how much "$$$" you have lar....

Xuzen

with this "Malaysian audit finds 'nothing suspicious' in 1MDB accounts"
http://www.bangkokpost.com/news/asia/61838...n-1mdb-accounts

M'sia Eq and Currencies....can see a modest recovery soon?

Hi, 8% is just an arbitrary figure which I pluck from thin air. If you do a search on FSM, you will see that some funds have dropped 8% to 12% in one month. If you have the risk appetite and have done the proper research on a particular fund, you can buy in slowly now on the assumption that the fund will re-bound later. Of course if you have no faith in the funds which have dipped now, then please just STAY OUT and don't buy at all.

Why buy funds which have dropped substantially in "value"? This is what Benjamin Graham call a margin of safety. If a fund is selling at 10% to 20% discount, it may re-bound later.

Once it rebound, you have a margin of safety. This is because at some point in the future, the fund will dip again. Even if it dip 10% to 20%, you have a margin of safety because you bought it "cheap" in the first place. Therefore you won't panic in the future because you will suffer no "loss" or only suffer minimal "loss".

This post has been edited by Vanguard 2015: Jul 9 2015, 03:33 PM

I don't mean to be crude but having balls of steel in the present market condition is not sufficient. We need to grow an extra pair of balls as well to continue investing now.

This post has been edited by Vanguard 2015: Jul 9 2015, 04:40 PM

Hi, anyone can recommend any good Bond Fund?

Rhb total Asian & Emerging market bond

gung-ho nya

Why no AmDynamite???

RHB-OSK Income Fund 2 not bad actually

This post has been edited by Pink Spider: Jul 9 2015, 05:59 PM

I like total asian return... good to hedge against RM

China police probe securities regulator on ‘malicious’ short-selling
http://www.themalaymailonline.com/money/ar...h.61qUwCk7.dpuf