But over the years, how many junk high yield Asian bonds defaulted?

Its due to forex

On the contrary, my not-so-scientific observations, when my equities dropped, my bond funds rise

2-year chart of RHB Asian Total Return vs Asian Equities vs Ponzi 2.0

This post has been edited by Pink Spider: Oct 25 2015, 01:15 AM

We both condom lovers

Long sold. Its my most profitable holding ever

IMHO don't set a target profit %.

Something may have a "fair" worth of $100.
But due to some circumstances, market priced it at $50.
U "think" that 20% gain is very good.
And u sold it off at $60.
But the "true" worth of it is $100.
And so u will miss out on the ride toward $100.

Frankly speaking, I think u have been asking too much for your own good.
You're almost like, asking men how to date women...
When all men are different, all women are different...
The more u ask, the more u get confused, the more u dunno

Just start doing it, learn as u go along, nothing will teach u as well as actual experiencing it.
u will learn to develop your own style...
u will learn how market conditions affect your portfolio...
u will learn how your buy/sell/hold decisions affect your returns...
and so on and on...

As for why I sold Ping Pong Biskut@Hup Seng shares...

Stocks =/= UTs

A stock is a share in a company
A UT fund is investing in a basket of different stocks, and that basket changes from time to time, it is dynamic

A stock can become overpriced
A UT cannot become overpriced by looking at its historical return

A $100 stock if it gives $10 dividend p.a., gives u 10% dividend yield
If that stock rose to $333 and the dividend remains the same, the dividend yield becomes 3%
And I've already made 200%+ gain on the stock value
I sold it off (i.e. cash out/take profit) to move my money to the next stock that can give me the next big profit

But a UT fund that is priced at $1.0000 one year ago
If it is priced at $2.0000 now, u CANNOT say that it is overpriced now
I won't repeat the explanation again, it's at Post #1

This post has been edited by Pink Spider: Oct 25 2015, 11:57 AM

Unker Looi too long-winded

As long as u haven't achieved Silver, Gold or Platinum status, what u see on the fund info page is the sales charge that u have to pay (excluding GST). So, it's 2% + 6% i.e. to invest net RM100, u gotta pay RM100 x (2% + 6%) = RM102.12. Full stop.

And yes there's discount for new accounts.

No, no and no.

That's unfair! Why xuzen first and not Pinky first???

This post has been edited by Pink Spider: Oct 25 2015, 12:20 PM

Err...I meant u no need to declare anything. Taxes, if any, would be already deducted at source.

When KLSE stocks pay dividends to the Fund, the dividends is already tax-exempt i.e. already deducted tax at company level.

I can PM u my FSM account number...u can buy RM60 worth of CMF for me to sell and buy a bucket of beer

No need PM, just ask here.

Eh eh eh, the super loud tin kosong is here

With his illuminati and conspiracy theories

Go buy physical gold and hide under your well lar...at most is some frogs will go lick 'em. Go go go

And go pay for your nasi campur using gold dust

This post has been edited by Pink Spider: Oct 25 2015, 02:20 PM

Portfolio approach

Oi don't overboast...u just giving those tin kosong chance to later say that we all are penipu yang sial...

10%+ got lar...where got 20%++?

Stock trading veteran also interested in UT now?

Lee Sook Yee only 17% p.a. for 3-year annualised!

But u...stock threads veteran

Mesti follow those "hot" trades too much

Sky punya tipsy led u to Holland?

Ponzi 2 and KAPTRF overlaps, their investment mandate is quite similar

Wow u remember my words. Ayam so flattered

Yeah, it's a futile effort trying to pick the best of funds.

Those who've been with FSM long enough should remember...

Some time ago, Pacific Global Stars is the star performer among global equity funds, CIMB Global Titans and RHB Global Equity Yield were shitty performers. At that point of time, global markets were weak, Pacific outperformed because it kept having high cash holdings, and it kept changing positions i.e. it trades quite often. It's also quite heavy in Asia ex Japan compared to the latter two.

Then this situation reversed now when Developed Markets performed strongly.

Still wanna (try to) pick the best of funds?

I meant at least 4 funds, not at least 4 bond funds

No need lar

Not familiar with credit system...go read FSM FAQ