QUOTE(dasecret @ Sep 25 2017, 09:22 AM)
Have to try to peace make here
I'm younger than Hansel so he call call me young lady, but I'm also much older than fresh grad, so that's why I'm auntie to him
You see, this statement essentially means the same thing as the argument here. It's the perspective.
Ramjade; and myself in the past, try to explain to Hansel that just because the fund gives distribution and the NAV holds doesn't mean it's the best fund available on FSM. The assessment is a lot more accurate and objective if one looks at returns instead of distribution + NAV value doesn't go to red.
Hansel on the other hand feels that regular distribution is what he wants and perhaps, because he's quite rich, he doesn't really want to spend time researching for the best funds currently. Since this is the segment that made him money he would like to just continue with it. Your money your call
Food for thought, while it's convenient to have regular distribution done by the fund, but if the total returns for a fund without distribution is much higher than the one with distribution, it may be worthwhile to "DIY" the distribution by selling some units on a regular basis. It's effectively the same thing.
Another food for thought, the strategy that worked for the past 5 years may not work for the next 5 years. Example, Kodak filed for bankruptcy because they couldn't evolve with time while Fujifilm continue to do well because of the instax polaroid type product. So sometimes we do need to move ships so we don't sink slowly
I think both of you around the same age. :blushI'm younger than Hansel so he call call me young lady, but I'm also much older than fresh grad, so that's why I'm auntie to him
You see, this statement essentially means the same thing as the argument here. It's the perspective.
Ramjade; and myself in the past, try to explain to Hansel that just because the fund gives distribution and the NAV holds doesn't mean it's the best fund available on FSM. The assessment is a lot more accurate and objective if one looks at returns instead of distribution + NAV value doesn't go to red.
Hansel on the other hand feels that regular distribution is what he wants and perhaps, because he's quite rich, he doesn't really want to spend time researching for the best funds currently. Since this is the segment that made him money he would like to just continue with it. Your money your call
Food for thought, while it's convenient to have regular distribution done by the fund, but if the total returns for a fund without distribution is much higher than the one with distribution, it may be worthwhile to "DIY" the distribution by selling some units on a regular basis. It's effectively the same thing.
Another food for thought, the strategy that worked for the past 5 years may not work for the next 5 years. Example, Kodak filed for bankruptcy because they couldn't evolve with time while Fujifilm continue to do well because of the instax polaroid type product. So sometimes we do need to move ships so we don't sink slowly
elea88 something for you
http://www.fundselectorasia.com/
Analysis of various funds
This post has been edited by Ramjade: Sep 25 2017, 09:52 AM
Sep 25 2017, 09:50 AM

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