All my funds are turning super green now. I believe this is caused partially by the weakening of the ringgit?

IMHO, this may be the most dangerous time for investors in FSM to make a lump sum investment. Because we will be buying high with the expectation that the price will rise higher. If we are lucky, then things will work out as planned.

But if there is a market correction later and the price dives continuously... then we may end up panic selling. This will then be the classic case of BUYING HIGH AND SELLING LOW.

I was caught in the euphoria during the 2Q and 3Q of this year. To see your my paper gain increasing by a few thousand ringgit every few days would really boost your ego and greed. That was how I ended up over loading more than 40% of my total portfolio in the Greater China market. Alas, the China market corrected and collapsed.......For a supposedly "seasoned" investor like me, this type of novice mistake should not have happened.

So now I have to learn to temper my greed. Lady Luck has been kind to me. I got a second chance. I re-balanced my portfolio. I escaped with my ego bruised but with my principal invested sum intact with a positive ROI. So please learn from my mistake.

This post has been edited by Vanguard 2015: Oct 22 2015, 05:19 PM

There is no hidden 'cost". You will still earn interest for the transit period when your money is moving from Equity Fund to Bond Fund and back to CMF. You can consider this a 'loop hole' in FSM. Enjoy the benefit while it lasts. FSM staff are monitoring this forum. They may close this 'loop hole' in the near future since I have posted it here.

I still have not made up my mind yet about the RHB Pre-IPO. Private equity fund is unchartered territory for me.

I am hoping FSM will make the decision for me, i.e. they will say, "Due to overwhelming response, the RHB Pre-IPO is fully subscribed and is now CLOSED for subscription". Then I can use that as an excuse to say, 'Aiyah, I wanted to invest in it one but they closed the fund early'.

OT, which bank offer the FD 4.6% promo rate now? May I know what is the minimum deposit required and the lock in period?

Of course. The global market rally now is like a Viagra booster for the members here including Vanguard. The investors who have extra bullets or who were scared off previously by the China led global blood bath have now awoken from their slumbers. They are checking the forum to see what other investors are buying or selling.

Thanks bro. But 24 months lock in period. Walao eh.

But, but still better return from some of the bond funds in FSM?

This post has been edited by Vanguard 2015: Oct 23 2015, 09:59 AM

I have the RHB ATR Fund. Double digit return now. But I don't think it is really a traditional bond fund. It behaves like an equity fund. In a few weeks, the fund can go up and down a few percent.

Therefore if you do intend to buy it, I strongly suggest using DCA and not lump sum investment since it has a risk rating of 4.

Plus point of RHB ATR Fund - no sales fee. Negative point - quarterly platform fee of 0.05% (subject to 6% GST). Whether you are making a profit or loss, you will still have to pay the platform fee.

I agree. I have both these RHB Funds. It can be volatile at times. I am planning to get out from the RHB EMBF soon.

I have both funds now. RHB ATR and RHB EMBF seems to have very close correlation although they are meant for different markets. When one fund goes up and down, the other fund is like a mirror image and follow suit.

Therefore I think having one volatile bond fund in my portfolio is enough. I will keep my money in other low risk bond funds to balance out my portfolio. After all, that is my purpose of having bond funds, to balance out the volatility of my equity funds.

But this is just my personal preference. Other forumers have both funds and they seem to be doing just fine.

If you have the time to research, you can do bond laddering. But I am just too lazy. So I just pick and choose from the FSM's recommended list and do my own minor research. My preferred list for low risk bond funds would be:-

(1) AMB Income Trust Fund
(2) Libra Asnita Bond Fund
(3) AMB Dana Arif Class A-MYR
(4) Eastspring Investments Bond Fund

Note : AMB Income Trust Fund has an annualised volatility of 7.66%. I guess this is the price you pay for higher gain because one of the debt issuers defaulted before.

This post has been edited by Vanguard 2015: Oct 23 2015, 11:11 AM

You are welcome. I also prefer RHB ATR as well...

No risk no gain? High risk high gain?

WE ARE RICH. WE ARE RICH. MUAHAHAHAHA.

Note : This is what happens when Vanguard loses his marbles from reading too many books and login into the FSM platform too often.

It is a private equity fund. Already more than 90% subscribed. They will be closing it early by the end of this month once it is fully subscribed.

Yes. This is one of the ways I earned money in FSM. Minimize costs when we rebalance our portfolio. Later we can switch back for free into equity funds using the credit points.

Extremely possible. But you need a big capital layout. Around RM500k. All in high risk equity funds. The RM15k profit a month is not guaranteed and will fluctuate every month. Some months you may suffer a loss.

Is it worth the risk? Depends on the individual.

Intra switching between equity funds from the same fund houses are usually free except for certain fund houses like RHB. For switching between different fund houses, you can utilize the credit points.

This post has been edited by Vanguard 2015: Oct 24 2015, 04:49 PM

I posted my view previously regarding this fund in this thread. Maybe you can do a quick search and read it first? See what you think.

My further thoughts on the RHB Pre-IPO fund...

You shouldn't invest in this fund if:-

1. You are currently renting and do not own a property. The priority should be to buy a property. With RM100k, you can pay the downpayment for a RM500K condominium, pay the bank loan instead of paying rental and hopefully enjoy the capital appreciation in the long run.

2. RM100k is your life savings or represent a substantial part of your savings. If the RM100k gets burnt in 5 years, it may seriously affect your future financial plan.

3. Tied to no. 2 above. How long would it take you to generate a savings of RM100k? I year? 2 years? 3 years? In other words, can you regenerate another RM100k within your own reasonable time frame if the RHB Pre-IPO crash and burn?

4. You may suddenly need the RM100k within the next 5-6 years when it is locked in. In other words, your emergency fund is not big enough.

On a lighter note, you should DEFINITELY invest in the RHB Pre-IPO fund if you have spare cash of RM100k and you intend to use it to:-

1. Buy a Rolex watch
2. For the downpayment of a new Beemer
3. To finance the monthly upkeeping of a China doll, Vietnamese doll, mistress, etc. The monthly upkeeping including condominium rental, pocket money, etc, can go up to RM10k per month.
4. "Investing" by buying some overseas land under a land investment scheme, water vending machine scheme, dairy farm scheme, etc.

Good luck!

Bro, you can try the free version at Morningstar Asia X Portfolio. Just register for free. You would be surprised by the X-Ray info that it can reveal about your portfolio.

Good luck!

Deleted. Double posting

This post has been edited by Vanguard 2015: Oct 25 2015, 12:50 PM