(3) For new potential investors in FSM, wait for the "perfect" moment to buy the unit trusts at the lowest price and sell at the "highest" price later (i.e. market timing). Good luck and let me know if you succeed in doing this. I wish to call you sifu.

Yes, provided you do the proper research. Aim for a good fund which has dropped 8% or more.

Invest using DCA or VCA for the next 6 months or so. Only do a lump sum investment if you have a high risk appetite. We don't know whether the "good" fund may drop another 10% in another month or so.

My personal experience in investing in unit trusts:-

1.    We invest in unit trusts using spare cash. We have back up emergency funds of at least 3-6 months. No bad debts e.g. credit card debts.

2.  Long term investment horizon of at least 2-3 years. This will even out the market fluctuation.

3.  We cannot time the market. Therefore we have to do DCA or VCA and do portfolio rebalancing from time to time.

If we cannot satisfy the above requirements, it is best to stay away from unit trust investments or any other investments for that matter. Unit trust investments is not a capital guaranteed get rich quick scheme. There are risks involved.

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 got/once got...
RHB-OSK
CIMB-Principal
Affin Hwang
Eastspring Investments
Pheim
Aberdeen Islamic
Alliance
AmInvestment
Pacific

ONLY CIMB rounds down, the rest all round to nearest 2 decimals