I don't want reply him
reply u instead

AS itu benda...they "hide" the profits which they did not declare as dividends...as "reserves"...
Good times, they underdeclare and keep for future...
Bad times, they take the previously reserved earnings and use to pay out as divvies...
In Chinese we call it, lam pa pa lan...
I.e. sama je

U invest in above-average equity funds (so many of them...e.g. Affin Hwang Select Opportunity, Eastspring Equity Income, Kenanga Growth, and so many more), 100% of the gains and losses are reflected in the NAV pricing...no delay, no "holding back" of earnings...
If u want 100% of the earnings, it's only fair that 100% of the losses, u are to bear...
But if come rain or shine u stay put...in the long run, history have ALREADY proven that they can deliver returns that beat all those AS funds...

Again, this is FSM thread, those people that loves those AS funds, they are welcome to stick to those...

Saya cakap ada make sense?

Boss, how to calculate correlation between funds? 

Ramjade aka ASx fanboy...
If you say put RM 5,000.00 into it; and withdraw it less than one year before they declare dividend, will you still get the pro-rated dividend?

Xuzen

Ramjade aka ASx fanboy...
If you say put RM 5,000.00 into it; and withdraw it less than one year before they declare dividend, will you still get the pro-rated dividend?

Xuzen

Ramjade aka ASx fanboy...
If you say put RM 5,000.00 into it; and withdraw it less than one year before they declare dividend, will you still get the pro-rated dividend?

Xuzen

Eh... like this can use ASx as a hedging mechanism.

When market SH1T, masuk ASx...

When market H4WT, masuk FSM.

Fuyoh.... like having a wife and still get to be a Playaz!

Xuzen

xuzen,

Regarding the post on current fund returns lying 1SD below the 3 year mean and by statistical probability / logic will return to [or near] the mean, would you provide any caveat if I were to depend on this alone to decide on where to dump unused cash?

Eh... like this can use ASx as a hedging mechanism.

When market SH1T, masuk ASx...

When market H4WT, masuk FSM.

Fuyoh.... like having a wife and still get to be a Playaz!

Xuzen

But must depends whether you have luck to try or not. Few months back, you can just pick how much you want to taruh. Now is hard. Sometimes rm100 also cannot get.

Btw, I thought if market is shit, buy more?

Like this ar.... need to depend on luck some more wan ar?



Xuzen

Search back my previous post: I have explain it before not too long ago. See page 104; post #2080.

Xuzen

Eh... like this can use ASx as a hedging mechanism.

When market SH1T, masuk ASx...

When market H4WT, masuk FSM.

Fuyoh.... like having a wife and still get to be a Playaz!

Xuzen

If you read their annual report, you would be amazed at how many ppl owns 50,000 - 500,000 units and >500,000 units... they own 70% of the fund which is around RM14b for 1 selected fund 

that is true and correct strategy
ASx variable funds never attract my attention, but their fixed price funds can be treated as high-dividend current account while waiting for better opportunities.

But but but... once you keluar you got money also cannot masuk lagi according to fanboy Ramjade. So this strategy although in theory sounds good, in reality... SUXS!

Xuzen

But but but... once you keluar you got money also cannot masuk lagi according to fanboy Ramjade. So this strategy although in theory sounds good, in reality... SUXS!

Xuzen

p/s cannot in-out-in-out; only can go in and stay there. No syiok wan! 

can...like he said you need to be good with the bank staffs, or become the preferred/ priority banking customers.
Then the branch will be willingly to try for you.

Got one Chinese guy in the thread can catch few hundred thousands within a month with his preferred bank, and he has been doing it for years.