Just study his balls

FSM, agent, bank - they are all INTERMEDIARIES, i.e. agents, i.e. salesmen

Whether u buy Fund ABC thru FSM, agent or bank, the SAME Fund Manager is taking care of your investment.

To put it in a simplistic view:
Investor pass money to agent, tell the agent he want to invest in Fund ABC, Fund XYZ, Fund 003 etc
Agent pass money to Fund Manager of Fund ABC, Fund XYZ, Fund 003 etc
Fund ABC, Fund XYZ, Fund 003 etc invests the money in stocks, bonds or park in cash as they see fit

IF u have a good agent, he will monitor your investment account/portfolio, alert u of any major changes, major economic news that might affect your portfolio etc. Take note of the BIG "if"...

In exchange for that, u will paying more sales charge i.e. commission compared to if u DIY thru platforms like FSM, eUT or CIMB Clicks

I also started out investing in UT thru bank...

But as I started to learn more, I found that I don't really need the "advice" of the bank officer...I basically know more than her.

That is when I moved to FSM...

In fact, FSM has a very good customer service that can help u on transaction issues and a very helpful Client Investment Specialists that can offer u investment advice...and they are free and available at a click/phone call/e-mail away.

Different types of UT funds got different risk profile...

If u invest in the "normal" funds that most of us here invest in, the swing in +/- won't be too great...
Of course, there are also some "sexy"/"exciting" funds available...if u want some "excitement"

To give u a taste of it...

In recent times, my experience are
Biggest 1 month gain: +4.3%
Biggest 1 month loss: -2.4%
Lowest 12 months gain: +2.8%
Biggest 12 months gain: +17.4%

FYI, my portfolio are properly structured and quite "balanced".

This post has been edited by Pink Spider: Oct 24 2015, 04:37 PM

Please read Post #1 THOROUGHLY to understand dividends/distributions and units in the context of unit trusts.

The illustrations in Post #1 is the most layman I can go...if u still don't get it, just listen to xuzen...

E.g.
U invested RM10K in Fund ABC one year ago
How much is your investment worth today?
That's all u need to know. Full stop.

Don't bother with the mechanics of NAV pricing and unit numbers if u can't get it.

That sounds so like that cocky cat. I think most of us knows who I'm referring to

This post has been edited by Pink Spider: Oct 24 2015, 07:15 PM

Let me show u my rebalancing.

My unit trust investments are meant to be my "supplement" to my EPF, i.e. meant for retirement, not savings for marriage or for home downpayment. Hence, I don't "cash out".

Every month I got some savings (salary less expenses)
I park all my savings in CMF

Let's say I have funds A, B, C, X, Y and Z
I designed my portfolio in such way that each fund makes up 1/6 of the portfolio
When my UT portfolio is doing well as a whole (i.e. all funds go up almost in tandem), I do nothing
When funds A, B and C do well but funds X, Y and Z underperformed, I top up funds X, Y and Z to "rebalance" my portfolio
When all the funds screwed up due to market weakness, I top up all the funds

^
This

This post has been edited by Pink Spider: Oct 24 2015, 07:30 PM

No.

Apa bahasa lu cakap???

RM10K > RM12K > RM90

???

Read the news.
Know what is happening to the world.
Compare the fund(s) that u invest in to its benchmark and its peers.

My answer remains the same.

Investing is in a way a gamble, though a calculated one.

U cannot win all the time.

As long as IN THE LONG RUN u win, don't fret too much about the losses along the way.

This post has been edited by Pink Spider: Oct 24 2015, 08:23 PM

Then top up 3K at month 13 lor

I repeat - TAKE A LONG TERM VIEW

And adopt a portfolio approach

Chances are that when that happens, apalanjiau fund also made a loss, it could be a market crash.

If u cannot take a loss at all, UT or any investments are not for u.

Rewind back to 2008...is there any funds that are spared?
And have they recovered since then?

This post has been edited by Pink Spider: Oct 24 2015, 08:42 PM

At one point during 2010-2011 my portfolio made a loss of -25%, that's like, total invested RM10K, left only RM7.5K.
At that point, my balls are still made of cotton, so cashed out, only resumed UT investments in 2012.

Fast forward to now...my annualised gain since 2008 is 7.4% compounded even after taking into account losses of 2010-2011. U imagine what would be my annualised gain like had I not cashed out and rode along with the recovery?

This post has been edited by Pink Spider: Oct 24 2015, 08:58 PM

When this fund eventually recovers, u would thank god u had continued DCA/DVA into it

But sometimes u just gotta exit, like those who had invested in RHB Gold and Minerals Fund during its peak
But those who caught the bottom...u know who u are...

Btw fund apa ni Unker Looi?

This post has been edited by Pink Spider: Oct 24 2015, 09:01 PM

Must be one of the natural resources fund (RHB Gold and Mineral or AmPrecious Metals)

A wise man will not think of revenge.

He will exit the battlefront that he cannot win, and fight elsewhere where he has a chance of success.

Bite the bullet, admit that u screwed up in your decision to invest in that fund, take whatever left of it, and shift to other fund(s).

Also, I've never been a fan of all these "sexy" single-sector/country fund.

This post has been edited by Pink Spider: Oct 24 2015, 09:14 PM

http://www.fundsupermart.com.my/main/fundi...Equity-MYAMCEQT

Fancy a go?

Err...I agree with all but this

U will bait people into going 100% into funds like Eastspring Small Cap and Kenanga Growth Fund

Muslims don't open

But to go 100% into 1 or 2 funds...is suicidal.

KGF and Small Cap is 100% concentrated in Malaysia.

1. U will miss out on global stocks rally that evades Malaysian stocks
2. When Ringgit kaboom...u will miss out on forex gains u would have had had u invested offshore (this is what is happening now)
3. U will hurt most when Malaysian market collapse due to country-specific factors

Among a few reasons for diversification that I can think of.

I've said it again and again (u weren't listening!!! ), u just CAN'T win all the times. Even Warren Buffett screws up from time to time. What u wanna do is, position your investment in such way that u will win in the long run with the least effort.

U wanna rebalance every month and/or chase after returns? By all means go for it...but don't come crying if sales charges eat into your profit and u time your moves wrong (i.e. u quit at bottoms, buy at peaks)

This post has been edited by Pink Spider: Oct 24 2015, 10:05 PM

Exactly.

Example...
Year 1 +20%
Year 2 -10%
Year 3 -5%
Year 4 +6%
Year 5 etc etc etc

If u are the type that will curse and scream and flip tables and break windows at the 10% loss at Year 2, UT or any form of investment is not for u.

<<< FD thread there

This post has been edited by Pink Spider: Oct 24 2015, 10:09 PM

Tadi cakap lain ("sailang on the winner!!!"), sekarang cakap lain. Why u so Najib wan?

Adopting what j.passing.by said above, yeah I think u won't go too far wrong with these 4.

Ponzi 2.0 - Asia ex Japan
Titans - Global big corporations listed in Developed Markets (US+Europe+Japan)
Smallcap - Malaysia small caps
KGF - Malaysia

Though I prefer Ponzi 1.0 to Small Cap cos it can diversify into Asia ex Japan small caps too, whereas Small Cap is 100% Bolehland

And u might not wanna just even out 1/4 on each, play around to set a proportion that suits u, learn from FSM Recommended Portfolio, learn from the geographical allocations of some good funds etc. I structure mine roughly based on that of Fullerton Global Equities Fund (2/3 Asia ex Japan, 1/3 US+Europe+Japan).

Ok, enough about investments, time for Saturday chill!

This post has been edited by Pink Spider: Oct 24 2015, 10:21 PM

But but but...

My bond funds are outperforming half of my equity funds

Tata

This post has been edited by Pink Spider: Oct 24 2015, 10:41 PM