Fundsupermart Singapore, Let's have a separate thread
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 Sep 27 2017, 07:28 PM
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All Stars
24,346 posts Joined: Feb 2011  
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QUOTE(xuzen @ Sep 27 2017, 03:19 PM) Dividend is an illusion. I believed. Kena screw kau-kau by you guys and shown facts of course I believed.Let's say the fund gives out 5cts per unit, on the ex-date, you go and check, the NAV pun drop 5 cts. Don't believe? Go check and see.... Xuzen  Hansel, sifu xuzen have spoken. |
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Sep 28 2017, 12:24 AM
Show posts by this member only | IPv6 | Post
#702
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Senior Member
1,311 posts Joined: Jan 2012 
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QUOTE(Ramjade @ Sep 26 2017, 11:48 PM) Avoid FSM SG at all cost. 0.1% quarterly platform for all funds vs POEMS SG/Dollardex at 0% platform fees, 0% quarterly fees. Both POEMS and Dollardex have more or less the same fund as FSM SG. Took awhile to find this post Use FSM SG tools that are available for free and buy from POEMS/Dollardex.  Is POEMs/Dollardex as established and secured as FSM ? How about ETF like what the other forumers mentioned? |
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Sep 28 2017, 12:31 AM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(em0kia @ Sep 28 2017, 12:24 AM) Took awhile to find this post POEMS (1975) and Dollardex (1999) have longer history than FSM (2000) Is POEMs/Dollardex as established and secured as FSM ? How about ETF like what the other forumers mentioned?  . For Dollardex to open account with them, you need a SG address  Dollardex/FSM have the funds which I want but since I cannot open account with Dollardex, the only obvious choice is POEMS. I am perfectly fine to take lesser funds vs paying for quarterly platform fees. POEMS don't have like only 2 funds which I want. Hence, just find substitute lo. For ETF, depends on what you want. Manual - Standard Chartered Online trading (need to have bank account with them first) Auto - Stashaway (better option) - Smartly Hybrid - POEMS SMART Pseudo robo - FSM MAPS Regarding your question, should I withdraw and convert SGD back to RM, well the answer lies in the question: "Are you willing to hold on to a currency that you know in the long run will depreciate against all currency?" For me personally, I am trying to convert bit by bit whatever RM I have to SGD. Hope this helps. This post has been edited by Ramjade: Sep 28 2017, 12:43 AM |
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Sep 28 2017, 08:30 AM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(MUM @ Sep 28 2017, 02:15 AM)  That's why I said a 15% return in Malaysia is not the same with 15% return in SG.ex RM3300 to SG1000 3300/1000 = 3.3 Rate RM3300 x 15% = RM 495 SG1000 x 15% = SG 150 495/150 = 3.3 rate not the same meh??  So what do I lose? No bank charges, no service charge, no platform fees, same or higher returns as Malaysia. the spread of between buying and selling of exchange rate if one want to take it back after each winning? (assuming there is no currencies fluctuation) btw...what is the spread like now? any idea? » Click to show Spoiler - click again to hide... « Short term wise, same. Long term wise any gain you get from RM will be eroded by RM depreciation as shown by this picture. Now don't forget, my SG1000 will be fully invested vs my RM3300 (via FSM MY) as I am not charged anything for service charge. So I already gain "1.75%" already the moment I put in my money. » Click to show Spoiler - click again to hide... « Picture shows over long term, RM will depreciate against the SGD. Pic is taken from xe.com Q: the spread of between buying and selling of exchange rate if one want to take it back after each winning? (assuming there is no currencies fluctuation) btw...what is the spread like now? any idea? A: Apa apread? Spread only happens if you are changing back the to RM. Now if I don't change SGD back to RM in 5 years, why should I be worried about spread? In 5 years times, SGD would have appreciated against the RM and I would have earn extra. I will let my money continue to grow there/put it there to protect against depreciation of RM. If you really want to know the spread, here it is: - For now, I use Mid Valley Money changer's rate. So what spread you have depends on their rate loh. We all know Moneychanger's spread is memang smaller than Bank's. - In the future, I will be using the following to do the transfer (to save on spread and bank charges) Moneymatch (for transferring money out of Malaysia) SingX/DBS (DBS have zero fees)/Cimb SG (also zero fees) I will use which one depending which give me the best rate and zero fees. Hope this helps. QUOTE(aoisky @ Sep 28 2017, 08:04 AM) That is interesting Bro Ram, please share some info procedure. Apa PM PM? I already post it before. Here you go.PM link TQ https://forum.lowyat.net/index.php?showtopi...post&p=84349022 Follow my guide and you have your own SG UT very soon (in 1-2 months time)  This post has been edited by Ramjade: Sep 28 2017, 08:46 AM |
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Sep 28 2017, 08:52 AM
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All Stars
14,866 posts Joined: Mar 2015
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QUOTE(Ramjade @ Sep 28 2017, 08:30 AM) ..... as u used to advise...goto POEMS no sc....no need to pay 1.75% sc to FSM MYShort term wise, same. Long term wise any gain you get from RM will be eroded by RM depreciation as shown by this picture. Now don't forget, my SG1000 will be fully invested vs my RM3300 (via FSM MY) as I am not charged anything for service charge. So I already gain "1.75%" already the moment I put in my money. Q: the spread of between buying and selling of exchange rate if one want to take it back after each winning? (assuming there is no currencies fluctuation) btw...what is the spread like now? any idea? A: Why should I bring back? I will let my money continue to grow there/put it there to protect against depreciation of RM. - For now, I use Mid Valley Money changer's rate. So what spread you have depends on their rate loh. We all know Moneychanger's spread is memang smaller than Bank's. - In the future, I will be using the following to do the transfer (to save on spread and bank charges) Moneymatch (for transferring money out of Malaysia) SingX/DBS (DBS have zero fees)/Cimb SG (also zero fees) I will use which one depending which give me the best rate and zero fees. .... Follow my guide and you have your own SG UT very soon (in 1-2 months time) as for depreciation of the RM.....who knows how steep it will goes in future...last few years most of the countries are at currencies wars fighting to lower their currencies.....but the historical trend of RM vs SGD is BAD...memang BAD...(except for a about 5 years it stayed at 2.40~2.50 ranges) but I have to admit that in Spore...more fund choices... but the draw back is that must fully invest for the interest rate in the temporarily park is just too little. This post has been edited by MUM: Sep 28 2017, 09:01 AM |
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Sep 28 2017, 09:08 AM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(MUM @ Sep 28 2017, 08:52 AM) as u used to advise...goto POEMS no sc....no need to pay 1.75% sc to FSM MY That's what I am doing. Buy via POEMS SG (bought already and true enough no charge) and use FSM SG tools.as for depreciation of the RM.....who knows how steep it will goes in future...last few years most of the countries are at currencies wars fighting to lower their currencies.....but the historical trend of RM vs SGD is BAD...memang BAD...(except for a about 5 years it stayed at 2.40~2.50 ranges) but I have to admit that in Spore...more fund choices... but the draw back is that must fully invest for the interest rate in the temporarily park is just too little. Unless malaysia landscape change where no songlap, it will continue to slide downwards.  This one true. Their MMF is pathetic. Unlike our FSM CMF/Phillip MY MMF. |
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Sep 30 2017, 09:38 AM
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All Stars
11,954 posts Joined: May 2007 
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QUOTE(Ramjade @ Sep 26 2017, 11:14 AM) I gave xuzen homework on how to open everything without needing to step foot into SG not sure if he did it. Here you go but this one still need go to maybank at SG to complete the applicationhttps://forum.lowyat.net/index.php?showtopi...post&p=84349022 Basically is you go download Maybank iSavvy pdf form online (look for the latest date). Fill it up, go to the selected Maybank branches which process application for iSavvy (is listed on the form), buy a bank draft (pay to yourself in SGD, min SGD500) from Maybank Malaysia, go to the counter which do iSavvy application, submit all required documents, now you seat back and contact Maybank SG after 3 weeks to esquire the status of application. If all goes well, you will receive your welcoming package in the mail box by 4th-5th week. |
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Sep 30 2017, 11:17 AM
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Senior Member
9,353 posts Joined: Aug 2010
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QUOTE(MNet @ Sep 30 2017, 09:38 AM) but this one still need go to maybank at SG to complete the application Actually,... he is right - if no need to travel down to expensive SG,.. it saves expenses,... with we being investors, we should know how to count this,... it depends on individuals too,... BUT for straightforward cost-expense calculation,... should not travel.I'll use myself for eg,... I feel if I am not involved deeply inside SG, I feel less confident abt the happenings there. Hence, I attend their AGMs, EGMs, take their qualifications,... etc,... mingle with them. Of course,... having the opportunity to do this is also important,.. time-privilege, etc,... Many of my investor-pals in SG are complaining that they are not able to subscribe to Right issues over the ATMs when they are overseas,... there are very specific reasons for this why the SG gov't does not allow subscriptions over the net. So,.. sometimes if don't go also has its disadvantages. |
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Sep 30 2017, 11:30 AM
Show posts by this member only | IPv6 | Post
#709
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(MNet @ Sep 30 2017, 09:38 AM) but this one still need go to maybank at SG to complete the application Siapa cakap? You only need to go down if you want to use the ATM card. If you don't need to use, there's no need to go down. Everything can be done online.Activation of account (online using what they post to you) Activation of security token (online using what they post you) After you do this 2, all transactionsis now fully online. QUOTE(Hansel @ Sep 30 2017, 11:17 AM) Actually,... he is right - if no need to travel down to expensive SG,.. it saves expenses,... with we being investors, we should know how to count this,... it depends on individuals too,... BUT for straightforward cost-expense calculation,... should not travel. Have you read xuzen reply to you?I'll use myself for eg,... I feel if I am not involved deeply inside SG, I feel less confident abt the happenings there. Hence, I attend their AGMs, EGMs, take their qualifications,... etc,... mingle with them. Of course,... having the opportunity to do this is also important,.. time-privilege, etc,... Many of my investor-pals in SG are complaining that they are not able to subscribe to Right issues over the ATMs when they are overseas,... there are very specific reasons for this why the SG gov't does not allow subscriptions over the net. So,.. sometimes if don't go also has its disadvantages. This post has been edited by Ramjade: Sep 30 2017, 11:33 AM |
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Sep 30 2017, 11:44 AM
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Senior Member
9,353 posts Joined: Aug 2010
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QUOTE(Ramjade @ Sep 30 2017, 11:30 AM) Siapa cakap? You only need to go down if you want to use the ATM card. If you don't need to use, there's no need to go down. Everything can be done online. Activation of account (online using what they post to you) Activation of security token (online using what they post you) After you do this 2, all transactionsis now fully online. Have you read xuzen reply to you? Don't harp on that issue,... don't be a sourpuss,.. I read a lot of things quickly,.. look, even if I invested wrongly, it's my money.... and I am not here to compete with you on who is best at the Unit Trust game,... AND I MADE MY MONEY,.. AND STILL I AM INVESTED IN THE SAME HIGH-YIELD BOND FUNDS WITH NO UNREALISIED CAPITAL LOSS NOW. I think you must have been whacked too badly by some forummers here,.. and you are naive (perhaps foolish too) to take things so seriously,... so, you seemed to be focussing on this matter too much now. I saw among your posts that Xuzen and someone else whacked you hard, huh ?? Hehe,... whacking hard in a forum where nobody knows anybody personally is no big deal,... When a wealthy man or a legal professional drags you to court in future and uses the law to torture you day and night,... then you'd commit suicide if yo can't forget this experience of someone whacking you hard IN A FORUM !!!!!!!!. Move-on in life,... you have a long way to go,... don't linger in the past,... go find a job if you have not have one yet,... Stop lurking around around day and night in the forums here and there,... and answering here and there. Your effort is commendable,.. I say that too,... but you must earn a living too,.. your life is too engrossed in the virtual world,.. |
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Sep 30 2017, 09:02 PM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(Hansel @ Sep 30 2017, 11:44 AM) Don't harp on that issue,... don't be a sourpuss,.. I read a lot of things quickly,.. look, even if I invested wrongly, it's my money.... and I am not here to compete with you on who is best at the Unit Trust game,... AND I MADE MY MONEY,.. AND STILL I AM INVESTED IN THE SAME HIGH-YIELD BOND FUNDS WITH NO UNREALISIED CAPITAL LOSS NOW. I think you must have been whacked too badly by some forummers here,.. and you are naive (perhaps foolish too) to take things so seriously,... so, you seemed to be focussing on this matter too much now. I saw among your posts that Xuzen and someone else whacked you hard, huh ?? Hehe,... whacking hard in a forum where nobody knows anybody personally is no big deal,... When a wealthy man or a legal professional drags you to court in future and uses the law to torture you day and night,... then you'd commit suicide if yo can't forget this experience of someone whacking you hard IN A FORUM !!!!!!!!. Move-on in life,... you have a long way to go,... don't linger in the past,... go find a job if you have not have one yet,... Stop lurking around around day and night in the forums here and there,... and answering here and there. Your effort is commendable,.. I say that too,... but you must earn a living too,.. your life is too engrossed in the virtual world,.. I don't need to the best in UT. That title I believed goes to xuzen. I just need to know that I am not "cheated" and know what I am buying and my expected risk and returns. That's good enough for me. I don't intend to blindly buy just on recomnendation. If you cannot take whacking, you cannot survive. Is that simple. I am where I am because I survived the whacking whether in reality or virtual. I am on waiting list so just have to wait lo. While waiting, learn how to make my money work. Rather than watching tv and doing unproductive stuff, at least I am doing something. Anyway  This post has been edited by Ramjade: Sep 30 2017, 09:09 PM |
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Oct 1 2017, 11:53 AM
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#712
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Senior Member
4,174 posts Joined: Dec 2008
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Oct 1 2017, 12:28 PM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(elea88 @ Oct 1 2017, 11:53 AM) This is where the SGD-H works. If not for the hedge, the volatility is 4+. Which IMO is high for a bond fund.Not to mention there was not much sell off during trump tantrum. Will see how it performs down the road. |
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Oct 1 2017, 06:14 PM
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#714
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(Hansel @ Sep 21 2017, 11:20 AM) What have you targetted for your HY Bond Fund ?? https://www.forbes.com/sites/brettowens/201...2/#279767447ec7no specific target. however i added this instead. Allianz GIF Income and Growth AM H2-SGD (LU0943347566) Ramjade Do u think can still consider EMERGING MARKETS? past 1 month is on downtrend. Aberdeen Global Emerging Markets and this BLACKROCK EMERGING MKTS EQTY INC A6 SGD-H new fund to date so high return OR JPM EMERGING MARKETS EQUITY A (ACC) SGD OR FIDELITY EMERGING MARKET FUND A SGD high votality funds. |
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Oct 1 2017, 10:48 PM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(elea88 @ Oct 1 2017, 06:14 PM) https://www.forbes.com/sites/brettowens/201...2/#279767447ec7 Allianz GIF Income and Growth AM H2-SGD seems to me like a all in one/balance fund. IMO it looks ok but is heavy in the US. no specific target. however i added this instead. Allianz GIF Income and Growth AM H2-SGD (LU0943347566) Ramjade Do u think can still consider EMERGING MARKETS? past 1 month is on downtrend. Aberdeen Global Emerging Markets and this BLACKROCK EMERGING MKTS EQTY INC A6 SGD-H new fund to date so high return OR JPM EMERGING MARKETS EQUITY A (ACC) SGD OR FIDELITY EMERGING MARKET FUND A SGD high votality funds. IMO, I will give Emerging market a miss. If you look at their fund factsheets, the main countries are mainly - China - India - Taiwan None of them manage to beat Schroder Asian Grwoth (in 6 months, 1 year, 2 years, 3 years). So if I really want, I will just take Schroder Asian Growth + First State India to make my own EM fund. Sifu wongmunkeong pernah tell me EM = Asia. So pick either one. If you ask me which EM fund I will pick, It will either be JPM/Fidelity. I will pick Fidelity. Fidelity for lower volatility which means less swing downwards vs JPM. At the same time lesser of upside. Fidelity is also more diversified vs JPM which concentrates 30% in china. So your choice. But I am not putting any in my portfolio. Follow xuzen. Don't play pokemon. Keep it to 4-5 funds cukup. This post has been edited by Ramjade: Oct 1 2017, 11:29 PM |
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Oct 2 2017, 08:51 AM
Show posts by this member only | IPv6 | Post
#716
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(Ramjade @ Oct 1 2017, 10:48 PM) Allianz GIF Income and Growth AM H2-SGD seems to me like a all in one/balance fund. IMO it looks ok but is heavy in the US. i often "PLAY POKEMON" strategy even with FSM MALAYSIA.. even with my REITS selection.IMO, I will give Emerging market a miss. If you look at their fund factsheets, the main countries are mainly - China - India - Taiwan None of them manage to beat Schroder Asian Grwoth (in 6 months, 1 year, 2 years, 3 years). So if I really want, I will just take Schroder Asian Growth + First State India to make my own EM fund. Sifu wongmunkeong pernah tell me EM = Asia. So pick either one. If you ask me which EM fund I will pick, It will either be JPM/Fidelity. I will pick Fidelity. Fidelity for lower volatility which means less swing downwards vs JPM. At the same time lesser of upside. Fidelity is also more diversified vs JPM which concentrates 30% in china. So your choice. But I am not putting any in my portfolio. Follow xuzen. Don't play pokemon. Keep it to 4-5 funds cukup. SAfety in Numbers and over the years.. it works well for me. sometimes.. SAME TYPE of FUND... Different Fund Managers.. and it produces vast different results. 0% service charge.. i just buy.. if not happy few months later. just sell. |
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Oct 2 2017, 09:17 AM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(elea88 @ Oct 2 2017, 08:51 AM) i often "PLAY POKEMON" strategy even with FSM MALAYSIA.. even with my REITS selection. Actually not exactly. Eg. If china tank, all asia/emerging market will tank as shown in 2015. US not sure will tank (depending on situation.) Also, Greece being a country which we don't much connections was going about Grexit, all emerging market affected (malaysia being one of them).SAfety in Numbers and over the years.. it works well for me. sometimes.. SAME TYPE of FUND... Different Fund Managers.. and it produces vast different results. 0% service charge.. i just buy.. if not happy few months later. just sell. Of course. They may buy/sell 2 same stocks but buy/sell at different timing and different price. Not to mentioned not every FM will sell. So how long they hold also plays a part. Plus type of stocks they buy. Actually there are 3 type of stategies 1) buy limited (like what xuzen is doing, I am also using this way) - I think this strategy originated from boglehead forum etf investing (they always talk about boglehead 3-4 funds method). One of the reason I am doing this is - I used to buy 2 of each fund and realise that I could have get more returns if I plong into 1 fund vs split into 2 funds. - Then decided to follow xuzen's advise. Pick the winning fund. Kind of happy with how it turn out. 2) buy everything 3) buy selected sectors where you see higher potential to generate money, then move on to next sector (like what people doing with our GE, buy Malaysia focus fund to ride on GE "feel good feeling" Nothing wrong in all these. This post has been edited by Ramjade: Oct 2 2017, 01:33 PM |
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Oct 3 2017, 10:21 PM
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Senior Member
7,350 posts Joined: Aug 2015
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QUOTE(AdrianYap13 @ Oct 3 2017, 04:57 PM) Hello all, I am the founder of MoneyMatch and we do have the lowest MYR to SGD rates in town.. we dont promise this, but we have some instances where the SGD has arrived in our customers accounts 3 hours after depositing MYR into MoneyMatch accounts. very interesting indeed. i will definitely check out your serviceI do hope you will sincerely give our service a try as we save you time and money. Thanks PS. I dont know who you are RAMJADE, but Thanks for being such a great supporter. Do let me know your experience if you have used our service so we can satisfy our customers further. |
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Oct 6 2017, 11:02 AM
Show posts by this member only | IPv6 | Post
#719
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(Ramjade @ Oct 2 2017, 09:17 AM) Actually not exactly. Eg. If china tank, all asia/emerging market will tank as shown in 2015. US not sure will tank (depending on situation.) Also, Greece being a country which we don't much connections was going about Grexit, all emerging market affected (malaysia being one of them). HSBC GIF - Brazil Equity AD SGD 21.16Of course. They may buy/sell 2 same stocks but buy/sell at different timing and different price. Not to mentioned not every FM will sell. So how long they hold also plays a part. Plus type of stocks they buy. Actually there are 3 type of stategies 1) buy limited (like what xuzen is doing, I am also using this way) - I think this strategy originated from boglehead forum etf investing (they always talk about boglehead 3-4 funds method). One of the reason I am doing this is - I used to buy 2 of each fund and realise that I could have get more returns if I plong into 1 fund vs split into 2 funds. - Then decided to follow xuzen's advise. Pick the winning fund. Kind of happy with how it turn out. 2) buy everything 3) buy selected sectors where you see higher potential to generate money, then move on to next sector (like what people doing with our GE, buy Malaysia focus fund to ride on GE "feel good feeling" Nothing wrong in all these. brazil brazil... past 2 yrs Brazil funds top Day performer, month performer.. why? any idea? |
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Oct 6 2017, 11:49 AM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(elea88 @ Oct 6 2017, 11:02 AM) HSBC GIF - Brazil Equity AD SGD 21.16 Brazil is emerging market. This few years, emerging and asia all experience in flow of funds because developed countries all interest rate so low.brazil brazil... past 2 yrs Brazil funds top Day performer, month performer.. why? any idea? Brazil is the top performing country in S.America. But it's exactly like malaysia. Rampant c*********n + plenty of drugs  Rampant C probably pull down economy. Try ask xuzen. Xuzen, why brazil economy so power last 2 years? |
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