Where does the 1 came from?
(1+ponzi 2 performance) * (1-myrusd performance)

Can give me a clearer example? I don't understand.

FSM SG charges you platform fees for everything (stocks, equity funds, bond funds). It created a backlash among their community.
Avoid FSM SG at all cost as the platform fees will eat into your profit faster than service charge (platform fees is charged yearly while service charge is charged once)

This is if you want to invest in SG UT.

This post has been edited by Ramjade: Jan 27 2017, 01:14 PM

Every quarter = 4x/year = 0.4% pa.

Same here. Still waiting...

Good. Hope FSM arrogance with their platform fees will be their downfall and hope they realsie their mistake cand come out with something to compete against POEMS.

The downside if they fall, we all got no place to transfer the to as dollardex, fsm charges platform fees. Dollardex called it "trailer fees" and claim it's not platform fees. But in my opinion, they are too big to fall.

POEMS website is not a well off to do compare to FSM. They don't have the ability to do charts/compare funds (they can but is rather useless). Use FSM to analyse, buy from POEMS

That's what people do. Use platform like DBS V, OCBC, Phillip to analyse the stock, buy from SCB. Save themselves SGD18.

Anyway, I wouldn't worry too much as they are regulated by MAS. If you are really worried, buy from FSM, transfer straight to DBS lo for safe keeping.

This post has been edited by Ramjade: Jan 28 2017, 08:59 AM

Previously was 0.75% SC. Keep in mind that they are doing brokerage business too.

Well they did say until further notice. I am betting they will charge some stuff once they have enough customers from FSM. Keep in mind that they are one of the well establish broker (almost in the same league as DBS V)

Worse come to worse buy from FSM, transfer to DBS lo.

Hansel I think I found out how Phillip is making extra money. You know FSM have this annual event "What and where to Invest in 201x?'

Phillip have them too. Except unlike FSM SG which is free, Phillip charge SGD40/person. If there is a promo it's SGD10 (got it in my email)

So for this one, which one is better? Higher or lower is better?

Higher. So moral of the story buy Ponzi 2 SGD class ?

But if you look 1 year performance First State Dividend vs Ponzi 2 SGD class, First state dividend still win over Ponzi 2 SGD class

Who to trust? Already read that.

This post has been edited by Ramjade: Feb 7 2017, 10:44 AM

AIYH who to trust? FSM/bloomberg?

dasecret, AIYH any bond fund like our Ester bond counterpart in SG?

I only found one. ~5%pa returns with volatility of 2.xx.

Thanks.

Actually, I was considering this
Fullerton Asian Bond Fd Cl B SGD To psy my DBS MCA rather than let it sit inside not earning any interest.

This post has been edited by Ramjade: Feb 14 2017, 09:22 AM

United give 2.203442879499218 vs
Fullerton give 2.09727626459144

So higher no is better? What is this formula/ratio call?

I have no idea as it's too close to call. On one side we have Cimb which actually visit the companies to get first hand look and feel. I am not sure if First state does that or not.

If we look at fund size, First state is the winner. If we don't look at currency, both Cimb (MY class) and First state is almost the same at over 1b+. I would like to see their 3 years volatility when it's release (Cimb).

Who knows good old Ponzi 2 can deliver in SG.

This post has been edited by Ramjade: Feb 14 2017, 09:31 AM

I know about the risk with United. This bond fund is used to pay DBS MCA so it must give me >SGD60/year. Anything more than that is good enough for me.

This post has been edited by Ramjade: Feb 14 2017, 09:35 AM

Most likely no ETFs for asia pacific.

But with rising interest, bond will suffer. If ordinary bond suffer, what more these HY bond.

Am I right?

Because at that time, we all only know FSM SG. All the people here have FSM SG except me. lol
I am sorry. No starter kit. Let's why I said this thread is "very dead" FSM MY already v18. THis thread only v1. lol

Funds recommendation:
Asia Pacific - First State Dividend Advantage/Ponzi 2 (return almost same as First state but we do not know what's the 3 years volatility yet)
US - Fidelity America

Feel free to browse funds on FSM SG which suit your taste then check and see if POEMS have them. Not everything on FSM SG is available of POEMS SG So you will have to make compromise here and there.

Remember the basic and you ought to do fine.

This post has been edited by Ramjade: Feb 20 2017, 08:21 PM

Wah. I am not qualified. AIYH or dasecret is more worthy as they are in the finance line.
I am just a nobody.