Hope the bear is sleeping by now

I made a daring move today. I've switch all my bond into equity again. SHOW HAND!

Have to start 'sembayang' that next week will be a Green day

This post has been edited by dzi921: Aug 17 2007, 09:40 AM

Argh.. I only have my bullets locked and loaded after 27th of this month Eyeing on PCSF

This post has been edited by Medufsaid: Aug 17 2007, 10:17 AM

Yesterday most of the off-shore funds dropped a lot:

[attachmentid=279799]

Waiting for salary?

Me too, more bullets coming in on the 27th. 10 more days to go. I wonder by then market already recover or drop even worse

PCSF below .215 now, I'm going in next week.

I need to wait till this month salary to be in before I could topup more.

Dated: 24/07/2007 to 17/08/2007

PRSF: -12.99%
PAGF: -14.64%
PIX : -13.59
PCSF: -10.77%

PEBF: -02.96%

PSBF: -00.28%

PMMF: -00.16%

Correct me if I'm wrong, now based on the data above,
-When the fund has reached your target high, switch to pure bond/money fund for parking. And when the market crashes like now it doesn't affect it much. And when the market is at your target low, move back the bond/money fund into equity fund. I think can really make more money this way (For me, a bit regret now to use PEBF for parking)

-I now see there is no reason to buy on a progressive (SI) when the market is heading upward. Eg, I've been buying progressive since April, and with this fall, I'm back to April where I can buy lower. So April to August Average cost is not worth it. So I should have save my bullets next time and wait for a correction

Question:
1) Is correction often? How often does it happend based on previous history?

Ok, just shot my last bullet. Also switched all my bond fund into equity. Really broke now!

And pray Monday will be a good day onwards

My agent is going to be very very happy to see his statement this month

http://ejleemy.blogspot.com/2007/08/market-correction.html

Those happened earlier this year and last year were market correction ya. Now the current one.......Market correction also ? Initially I thought that way, but I don't think so now. The problem has become too serious that will slowdown the global economy from the forecasted 5%to 3% only this year. 95% investors didn't see this coming. Even the almighty goldman sach, the #1 most profitable American investment company also got hit hard by this crisis.

Our export will suffer as demand reduced, our luxury property will suffer because of the expats can't afford it anymore, our people suffer from stock market losses, margin calls everywhere... things don't look good anymore.

Looking at the china market now, they will be the first one to recover in Asia... they have the strongest reserves, no worry about crisis.

This post has been edited by ejleemy: Aug 17 2007, 02:59 PM

Today market fall and climbing back now. I hope it stops at Red today else rugi. Then Monday Green onwards...

Pray Pray

Market look really bad. Most of my oversea fund is in red from 10-15%. Tempted to topup but the more I read about Subprime crisis, the less confidence I have about the market now.

I think the problem is really serious and it will probably last longer than expected. I will probably holding off for the time being.

I sold most of my funds, just have a few dividend and bond fund left. Market is not good now. After locking my profit, I am going after PCSF for long term investment and other funds as well. Eyeing on PRSF.

Wow ... that's a brave and bold move judging from the current atmosphere. I think that I'll cool down myself first for few days.

Actually a bit scared, but I tak kisah la. I cannot concentrate on my work with this current market trend. Just want to get it out of my mind

Why I showed hand:
-The fund has hit my low target (below 10%)
-Even if it drops further, I don't need the money I've invested. So I can keep it for really really long there
-Even the market really crashes (97 crisis), before it happens I will withdraw and keep my capital (my total profit now from UT portfolio is still +8% accumulated since 2 years ago)

This post has been edited by dzi921: Aug 17 2007, 08:19 PM

Which equity fund you switched into?

Actually, I am going to start working, so no more stock market monitoring or forum anymore soon. I leave a few funds which is still in negative inside for medium to long term investment, will start to top up after some time to drag the cost per unit.

dzi921, you need to stand firm on your principle. Set a cut loss point for your UTs. Because markets wont crash in one day, but a more than 10 pts for a few weeks time is not good for everyone. You wont notice the little difference every time.

My profit for my fund actually shrinked ~15%. So, I just need to go when I still have some profit with me, around 20-50%. For those funds which cannot escape, I need to have a PLAN B for them. Besides, I kept 2 funds will profit inside so that I can switch to the long term investment whenever timing is good.

So far, kept my PBOND, PSBF, PDSF. And those not doing well one includes, PIADF, PGBF, PEF and so on.

I don't have many funds, cause I do not see the purpose

I switched all my PEBF into

PRSF (80%)
PRSEC (20%)

Once my salary is out, will open new account for PAGF & PSBF

That's the beauty of UT. If the market crashes, those buying direct will be affected more. So meaning I've got time to escape

For me, my cut off point is not to loose my capital. If it actually does reach that moment, our Malaysia market should be quite serious

This post has been edited by dzi921: Aug 17 2007, 08:19 PM

Seems like got many people have high interests on PRSF.

But already a few years no bonus

Shih,

Good luck on your career journey.

do plan some time come back lyn to give your view and advice.

somehow,i personaly prefer to accept your investment point than use others senior point,because our perception,investment strategey and living way is nearer.