Since the ringgit is marginally stronger these 2 days, is it a good time to buy foreign equity funds like ponzi2.0 and GTF? Or maybe even asian total return?

Thanks!
After looking at it for 30 mins, decided that the increase in the index will likely exceed the forex factor. So will stick to the usual RSP gameplan

In volatile markets like this, if you do lumpsum investments, it's better to catch the market when it's lower than when there is a sales charge discount right? usually when market is down, it's more than 1%

I'm vested in both

Can I suggest to look into EI Asia pac shariah fund too? It's looking quite attractive even when I ignore the one off return sometime between 3-6 months

Help...

The update current price button doesn't seem to work today. Anyone else experiencing that? It says cannot connect to FSM website

Hi... I started with FSM SG early this year, mostly put in Asian ex japan funds and it's not exactly doing great
Any recommendations for the funds you like?
They have really a lot of funds and make me so pening

I second that....

Are you sure you wont repeat this... I've read this so many times liao

Yes.... it's tiring to repeat... but that's why people love you ma, sifu

Note to self: When want to add a new PRS fund, never try to buy it at its lowest, because they can only process the buy after they receive the hardcopy form... I ended up buying it at its highest because the form took longer to reach

I started another portfolio for mum and decided to add RHB Asian Income Fund into the portfolio since the money was from ASX and therefore she'd like it to be more stable. Funny enough during the first tranche of RSP the return is actually highest from this fund. Sometimes I find FSM MY fund choice of the month is more spot on than their recommended funds for the year

Ahem... the person who is challenging the basic principle of unit trust investment is also someone whom I remember saying "ASX is equivalent but more superior than fixed deposits"

So honestly, I'm not surprised and I would just ignore. I've given up highlighting to people that it's clearly stated in ASX master prospectus that neither the capital nor the dividends of the funds are guaranteed... so seriously, which part of it looks like FD other than you can redeem immediately

Yaya... and they pretty much ignored it altogether...

Actually it could be a loss-smoothing too you know

Boss, you are accountant by profession right? Go and read their financial statements, it's eye opening

This is FSM thread, so I'm not going to go into details of what 'look and smell' like FD is actually very different from FD if you care to read up on the details

But I do agree with you on national interest whole-heartedly. After talking to the folks in the ASX thread I realise why MY has this and how does it contribute to our share market or even economy as a whole

But personally I don't like what I read in the financial statements, so you guys can go ahead, I don't like to be kept in the dark, I'd like to know how much I made or lost, however ugly it may be. And after 2 years of putting money in unit trust, I think I can handle the occasional ups and downs

You know, with this speech the unit trust agents can go sell VP funds from the better performing fund house jor.... to the people who are heavily invested in ASX

Some days I do feel like I want start providing unit trust portfolio set up and monitoring service to people, ever since I started doing it for my mum, cos it's not difficult really; and as long as I can beat ASx and public mutual net of fees, people would love me

But I say only... very scared to lose other people's money

Totally... that's why I didn't do it although a friend say why not and was willing to pay a fee for it

But for my mum and sibling, different story la. Even mother in law I'm reluctant

This is how I do it, for those who might want to go into it. I open a FSM account under their name, let them determine the password, all personal details is linked to theirs so that if touchwood anything happen (like we are no longer in speaking terms, touchwood no longer around), then they can just change the password that I know and continue to run with it. Bank account details also theirs, so if I want to take the money for personal gain also cannot

Then they bank in the money and I put through all the instructions like normal lor. If I charge a fee, I will put through sell order then they will pay me after they receive the money. And for the fixed return annually mutually agreed, I'll put in sell order and they get their annual ASx like 'dividends'

But if you turn pro, Xuzen's wrapped account may be more advantageous from transaction fee perspective.

Ya, I've been telling my friends and colleagues. Colleagues completely hopeless and didn't do anything
Friends wise, a few of those financial savvy ones loved it as an alternative of buying through banks and agents. When she wanted to cash out entirely from her PB EPF acc1, the agent stopped her saying it's solid bla bla. Few months later KLSE lau sai and she regretted big time. FSM took away the emotion factor and she can make rational decisions

They are supposed to have the passwords and the email notification on sale and purchase orders go to them. So as soon as things turn sour quick quick change password lor.... but seriously I wont trust someone else with my money and I'm surprised a spouse's friend would trust me with his

Good things must share ma....
Last time if got lubang to get good priced properties I also share with others.... but those days are over
Most contacts would monetise the lubang these days.... sienz

This is a good one! Especially the "capital guaranteed if held till maturity" part

Small portion in eFD on monthly rolling, the rest in CMF. Experienced in the past when I need the money immediately and can't wait for T+2

Alternatively flexi homeloan is a superior choice too; but it's not one that suits me
And beware of commitment fee charged by CIMB full flexi

This post has been edited by dasecret: Oct 28 2015, 01:41 PM

Isn't Pinky's idea the same as mine? I probably learned this trick from him over the years also....
Ideally CMF should not have a lot of funds, because one should stay fully invested other than for emergency funds; but I'm too haphazard and sometimes just keep it in CMF when I don't feel like I should buy anything (because it was too high, or it's falling )