Can ar - wanna bet cannot contribute to BOTH?
in fact, smarter Employers can use PRS as a retention tool - every 3, 5, 10 years "gift"


This post has been edited by wongmunkeong: Jan 6 2016, 12:28 PM

i'm parking for "free" using Sunway Pals card to enter/exit car park
got free FOOD meh? finger food/mee siam only kua, not FOOD food (sit down dining )

OT (off topic or overtrade?) alert!
Just drop by Sunway Pals counter (near escalator, the floor below the phones/computer shops) to move your built-up points to parking credit. I did that coz frustrated at the vendors/shops - always can't seem to use the dang points for purchases offset (machine rosak lar, dunno how lar, your mother/father lar, etc.)

Note - only "new" cards can use like TnG for parking - found out after nearly biting the head off of the customer service. Was a very old card holder

bwhahaha EXACTLY what happened.. not lazy but er.. severely short-handed to do so many stuff VS benefits (must be politically correct ma, else HR come butthurt me)

go lar - say hi to Jennifer, Eugene, Alfred, etc.
"yit lau har" / "pong chan har" ma

then if not oomph enuf, sunway mentari or puchong nearby only..
happy massat

cool - U have the Midas touch IF U do it properly then.
eg
U have $100 to invest in stocks
1. Buy into stock A with $10
2. Stock falls like stone
3. When 20-30% down, buy in another $30
4. IF down another 20-30%, buy in another $30
5. IF down another 20-30%, in with your last $30
6. IF down again.. sui la THUS best do this with ETFs (basket of stocks), to ensure winning hand

the very essence of reversion to mean + time is on your hands with the above,
thus probability of winning is HIGH

This post has been edited by wongmunkeong: Jan 6 2016, 04:15 PM

eh - that fler's post is sarcasm la

mine is i do in reality - for basket of stocks (ETFs) like RSX, VGK, CIMBC50, CIMBA40, several mutual funds
OR good companies like.. CVX (Chevron), PBank, etc heheh

This post has been edited by wongmunkeong: Jan 6 2016, 05:03 PM

itrade.com.my
and hleb.com.my foreign platform
NOTE - i don't trade those stuff. i asset allocate or "value collect" (like a packrat )

for trading - better use OptionsXpress and the likes
much cheaper transaction costs BUT mahfan for me to transfer funds to US

eh - those are trades lar, not investments
quickies vs longer terms

nah.. i'm still waiting for 4 times more of those 7% circuit breakers
<keep in mind the crazy run-up past 1yr+, where after that, a fall of 30%-40%, still made net profits>

marriages (and investments) can be annulled
OR
cut-loss (divorced) ma

note - earlier post stated "longer term", not "forever after" fairy tale

This post has been edited by wongmunkeong: Jan 7 2016, 12:36 PM

time value of $ for "bit by bit",
not worthwhile for "lazily effective" methods leh

<fingers crossed>
Go down U b*st*ards!
Gimme another 3 to 4 circuit breakers! (China)
.. so i can buy with peace of mind during FSM's 0.5%

(no need to hm.. will Equities go down 5x more than the dang discount)

thus, next fall can be ball breaking?
woohoo!

personally,
this (well, when it gets worse - currently no big deal) is where my 1/3+/- of my asset allocation (AA) in dry powder / bullets (Fixed Income / Cash) comes in.

Note - my AA excludes emergency funds,
thus the 1/3+/- of AA in Fixed Income is in effect "blood on street / lelong" bullets.
The other 2/3 is ongoing VCA since.. fear / greed may affect when i start deploying the dry powder in 3 tranches.

that's just me. Yeah, i know - if kaka doesn't happen, my dry powder of 1/3+/- of AA sitting around zzz..

How do U manage Vanguard 2015?
constant asset allocation +/- XX% movements, then only trigger rebalancing?
OR the typical "once a year rebalance no matter what"?
OR something else?

urgh.. no "downside potential" wan?
heheh - being politically correct ar FSM?
usually i prefer to see the danger first, before the rewards - but that's just me

Different roads, similar destination

Checkers players VS Chess players - of courselar here more oomph..
Over there only "fixed income" and main tikam (can get/cannot get)
Here, asset allocation lar,
diversification via time, assets sub-assets lar,
fear vs greed check & controls (or leveraging on those) lar,
etc.

heheh - that's the thing
apa asset allocashun?
they treat it as Fixed Income until/if it explodes
thus, they don't bother thinking their moves/plan as detailed/much (thus no fun in the thread)

reminds me of the latest snake kisser-tourist ,
thinking the snake is docile/trained & will not bite but... kaka happens

DIVIDENDS
Beware of the 30% withholding tax for NRA (Non-resident Aliens)
AND
if U buy via local security company, beware of charges on "dividends management/blah blah"