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

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kimyee73
post Aug 28 2015, 06:14 PM

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QUOTE(dasecret @ Aug 28 2015, 05:14 PM)
wa... so many ppl top up.... I'm holding my horses still  hmm.gif
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I'm holding mine too. Think there will be bigger one in next couple of months.
kimyee73
post Aug 29 2015, 11:28 PM

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QUOTE(Avangelice @ Aug 28 2015, 07:28 PM)
Why not take opportunity to buy both since the service charge is lower?
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Are you kidding? Service charge is nothing especially if I think it will go down lower. I'll would rather wait for potentially lower price than lower service charge. I could be wrong but I'm willing to take the chance.
kimyee73
post Aug 29 2015, 11:42 PM

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QUOTE(acromax @ Aug 29 2015, 10:37 AM)
When u pay with fpx, the money will directly transfer to Fundsupermart. It means even in holidays or weekends, Fundsupermart still will received your payment.
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Not really. Depending on bank T&C, some will only transfer the money on next working day if FPX transaction happened during weekend. It may not be immediate transfer much like IBG vs IBFT.
kimyee73
post Aug 29 2015, 11:53 PM

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QUOTE(Avangelice @ Aug 29 2015, 11:30 PM)
I checked my app.

All funds are in green. Not sure if the price will drop now since oil price has gone up. Hoping you didn't miss the chance man.
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No worry. I'm following my system and my system said don't top-up until proven that market is going up. I'm trying to catch the trend rather than timing the top/bottom. At the same time I'm also wary about S&P monthly chart indicators and it is bad. Unless the indicator reverse, we could see a big one within the next 6 months. It could be a 2007 event or just a 2011 event. I hope it is the latter.
kimyee73
post Aug 30 2015, 06:04 PM

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QUOTE(wongmunkeong @ Aug 30 2015, 11:42 AM)
FD is the best choice for that kind of fellow lor..
even then, how sure are U that i can get back my $2M in FD.. when insurance is only $250K per person per bank...
AND how sure are U that the insurance can pay up?
doh.gif
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Is that a typo, $2M? I thought it is RM2.6B... oh wait... that was someone else.
kimyee73
post Aug 31 2015, 06:31 PM

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QUOTE(kkk8787 @ Aug 31 2015, 01:22 PM)
if follow heart, Ill top up whichever drops the greatest which are both Kenanga Growth Fund and Emerging Opportunity.
But My Malaysia precentage is almost 70% already...
Should I just top up Global Titans?
Asia Ex Japan is it a good time to top up?
I feel like topping up one of my funds above but dunno which to
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What do you actually meant by top-up? Top up to what level, do you have a target? Do you follow DCA, VCA, CDI or any other method?

- Do you top up so that value would be equal to your cost?
- Do you top up so that value would be equal to previous high?
- Do you top up so that value would be equal to target value?
- Do you buy more at arbitrary amount because of the market drop and you have extra cash to invest?
- etc.

Just curious as many here talk about top-up.
kimyee73
post Aug 31 2015, 06:46 PM

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QUOTE(yklooi @ Aug 31 2015, 03:03 PM)
Well, what a week that was. The Dow Jones – a narrow and pointless index if there ever was one – tumbled to an 18-month low only to regain much of its losses towards the end of the week. Meanwhile the tech-heavy Nasdaq index was heading back towards positive territory for the year.
But if you had tuned into any financial TV broadcast a couple of days before, you would have been forgiven for thinking the apocalypse had arrived.
So in short we were doomed on  Tuesday, but everything was just hunky dory by Friday.

What will investors learn from it? If history is any indicator, virtually nothing.


What people refuse to accept is that all investors – from people with PhDs in finance commanding huge salaries at investment banks, all the way down to ordinary people playing with their little portfolios at home – are gambling. Perhaps it isn’t gambling in the same way that hanging around all day at the track trying to pick a winning horse is, but it is wagering all the same. Investing money in a company is a bet that it will perform as or better than expected – how exactly is that not a gamble?

Investors can't go blaming China if they blow it all betting with bulls
http://www.msn.com/en-my/money/topstories/...ocid=spartandhp

hmm.gif me a gambler? still in denial mode?  sweat.gif
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Uncle Looi. Why call you uncle uhh? I'm almost as old as you biggrin.gif
The question is how do you prepare so that you do not panic? As usual, need to have diversification and non-correlated holdings, some insurance, etc. Regular rebalancing so that you have sufficient ammo to top-up during market crash etc. Recognizing market condition ahead of the correction is also important as not to foolishly top-up while market still going down or perform unscheduled rebalancing and/or changing equity-bond ratio ahead of the correction. Almost all correction has tell-tale signs and took several weeks or months to realize.
kimyee73
post Aug 31 2015, 10:30 PM

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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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80km? Wow, I thought Narita is quite far from Tokyo, ours is even further.
kimyee73
post Sep 1 2015, 07:38 PM

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QUOTE(Pink Spider @ Sep 1 2015, 11:49 AM)
FPX can't work with AmBank. doh.gif

HLB too  vmad.gif
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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.
kimyee73
post Sep 1 2015, 07:41 PM

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QUOTE(nexona88 @ Sep 1 2015, 04:31 PM)
"Gold pays no dividend or interest and therefore cannot be used to generate the magic of compounding" rolleyes.gif
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That is why gold is considered as insurance because when everything else crashed and burnt, gold will shoot up to the sky.
kimyee73
post Sep 1 2015, 09:32 PM

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QUOTE(river.sand @ Sep 1 2015, 08:46 PM)
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
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Not talking about gold investment but gold as insurance. Did you make money buying insurance? But when something bad happened to you, then insurance is your savior.
kimyee73
post Sep 1 2015, 09:33 PM

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S&P 500 dropped >2% at market open just now.
kimyee73
post Sep 1 2015, 09:37 PM

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QUOTE(EightPhantomz @ Sep 1 2015, 09:36 PM)
http://www.fundsupermart.com.my/main/faq/faq.svdo?id=2409#6

AMBANK limit shld be 20K but sometimes the issue is at the bank system.

I tried 30K from Maybank before but it didnt go thru even the limit is 30K. I even changed all my account transfer limits but still the same.
Since then, I just do 10K max per transaction.
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CIMB is most reliable then. Did rm30K without any problem at all.
kimyee73
post Sep 1 2015, 09:40 PM

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QUOTE(river.sand @ Sep 1 2015, 08:36 PM)
Rich guy spotted  rclxms.gif
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Not rich but already retired. You probably still in accumulation state.
kimyee73
post Sep 1 2015, 09:48 PM

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QUOTE(Pink Spider @ Sep 1 2015, 09:42 PM)
42 years old retiree shocking.gif

Our idol~ notworthy.gif
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Thank you for making me younger rclxm9.gif I'm not that young la. Just a couple of years younger than Uncle Looi.
kimyee73
post Sep 1 2015, 10:05 PM

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QUOTE(Nauts @ Sep 1 2015, 06:22 AM)
Oil Caps Biggest Three-Day Gain Since 1990 as OPEC Ready to Talk

by Mark Shenk
August 31, 2015 — 7:11 AM HKT
Updated on September 1, 2015 — 4:04 AM HKT
Oil capped the biggest three-day gain in 25 years after OPEC said it’s ready to talk to other global producers to achieve ‘fair prices’ and the U.S. government reduced its crude output estimates.
http://www.bloomberg.com/news/articles/201...9-as-rigs-climb
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Don't think the bounce will last long, expecting price to go sideway or drop to about $40 before possibility of going on an up trend.
kimyee73
post Sep 2 2015, 06:01 PM

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QUOTE(Avangelice @ Sep 2 2015, 04:09 PM)
fingers crossed man. I just took out my account two money. waiting to buy
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>=50 years old already?
kimyee73
post Sep 2 2015, 10:19 PM

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QUOTE(river.sand @ Sep 2 2015, 09:33 PM)
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.
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Are you aware that you can withdraw all from EPF account 2 when reach 50 years old? That was what I'm referring to. What is this Warren Buffett and LKY all about? They are not even Malaysian citizen and contributing to EPF.
kimyee73
post Sep 3 2015, 10:07 PM

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QUOTE(Avangelice @ Sep 3 2015, 02:40 PM)
Btw who made the mistake of taking advantage of the sales then only regretted it because funds went deep red this week
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Ha ha! I already expected this. Keep waiting but may not for long.
kimyee73
post Sep 5 2015, 07:06 PM

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Ho ho ho! My end of month Aug'15 portfolio performance drop like flies. Overall IRR for main portfolio drop to 3.05%. Now probably getting worse. Best and worst fund were

CIMB Global Titan 14.24% IRR
EI Small Cap 8.01% IRR
RHB Asian Total Return 6.6% ROI

AMB Ethical Fund -19.73% IRR
Libra Consumer & Leisure -6.56% ROI
AMB Dividend Trust -5.98% ROI

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