Wow, Pak Cik Bermimpi is here

*popcorn*

negative returns? LOL!

my EXPENSIVE local mutual funds (but investing offshore) plus my KLSE stocks have been giving me 14% returns over past 12 months

now I know dreamer is truly dreaming!!

This post has been edited by Pink Spider: Oct 3 2015, 05:52 AM

Let him answer lar, why u answer for him

Cannot compare, his mutual fund is investing in global, established, large cap stocks...whereas my portfolio is more diversified.
In those years when Asian stocks rallied, my portfolio would have beaten his...

If wanna compare apple-to-apple...
The closest I can get here is CIMB-Principal Global Titans Fund...

Y-T-D returns in Ringgit terms is +20.8% in spite of the weakness in US and Europe, all thanks to the weak Ringgit
http://www.fundsupermart.com.my/main/fundi...-Fund-MYCIMB010

Not too bad? Considering that I can conveniently invest in it at minimum of RM200.00 per buy transaction.

But to invest in that Vanguard fund...the transaction fees with foreign broker, it just won't make sense if u invest in small sums.

That's why I've always said, invest in offshore-managed mutual funds/ETF is not for ikan bilis investors, because of the transaction costs. Yeah, u saved on the commission, but the other transaction costs will eat into your gains.

When u give advice, u gotta take into account your audience.

It's like a Mr Millionaire saying that Mercedes-Benz C class is the best value car u can buy to an audience of youths who can only afford RM80K+/- cars.

They'd go, "Screw u...who doesn't know your mum is a woman..."

Correct me if I'm wrong.

This post has been edited by Pink Spider: Oct 3 2015, 09:32 AM

Hidden fees?

If u read your fund prospectus, there is NO hidden fees.

The put-off of investing direct in offshore stocks/ETF/mutual funds is the fees and foreign remittance charges. Unless your transaction value is large enough (the last time I calculated, it'd be 4-figures sum), it's not worth it. U can actually open account with local brokerage that offers access to foreign markets, many have this service nowadays, or open direct with a foreign broker.

This post has been edited by Pink Spider: Oct 3 2015, 09:54 AM

still dreaming?

I also CAN buy 1 lot of Maybank share

100 x RM8.50 = RM850
But brokerage and other fees...RM11.87
1.4% of transacted value...

I.e., if the stock rose 1.4%, I only covered my transaction costs

Or 1 SHARE also can!

Buy 1 share at RM8.50
Pay RM20.11 to get RM8.50 worth of share

Offshore assets esp those denominated in USD is already expensive, IMHO too late for us to shift

I can only think, invest in local companies that exports bulk of their products, whilst having costs in RM

+100

On the contrary, value starting to emerge in local stocks

Another popcorn please!

More like...

Trolls
Stiff-necked homo sapiens

Congratz for reaching enlightenment