I wish everyone here Merry Christmas and a good 4 days holiday break.

For those travelling on the road, stay safe and drive carefully.

Everyone here seems to be buying Ponzi 1, which I believe is the Affin Hwang Quantum Fund.

Can this fund still perform ah? I see its recent 1 year performance so, so only. Should I follow the herd and jump in?

I have the Affin Hwang Select SGD Income Fund in my portfolio. I can intra switch for free.

Hahaha. Once in a while you just have to eat the pussy...cat.

I am now at Genting Highlands. I just came out from the casino but I didn't spend a single cent. The minimum bet for Pontoon or Blackjack is RM100. 20 years ago the minimum bet was RM25 or sometimes even RM10.

I did some mental calculation. The odds are better if I put RM10k into TA Global Technology Fund or AmPrecious Metals. In the worst case scenario, I may lose 20% of my investment in a few months. But in the best case scenario, I may earn 10% return in a few months. So better for me to buy unit trusts than to gamble at the casino.

Wah, since everyone is so hak hei, , mali, mali. I pm you my bank account number. You can contribute a jug of beer for me.

My New Year financial resolution 2016:-

1. Self contribution for EPF
2. PRS contribution for 2 funds (to do RSP?)
3. FSM new beneficiary account (to do RSP)
4. SSPN contribution
5. Monthly advance payment for housing loan

Note : In theory, it sounds like diversification but I don't think so. Everything is still in RM and invested locally except for certain portion of the unit trusts.

Eh, apa bikin. I got wife already. Anyway I got CIMB Greater China Fund and RHB China India Growth Fund. So I am diversified in China already.

Time for Vanguard Ninja Method?

BTW, what is AMB ITF in your portfolio?

Hi Amatiel, long time no see.

I assume you are not a fan of bond funds? Otherwise I would add the RHB Asian Total Return Fund and the Libra Asnita Bond Fund into the portfolio to decrease the volatility. Somehow I think you are too heavy in Affin Hwang Japan Growth Fund which is high risk since it is country specific.

This is going to be another bumpy year.

I am no sifu or taikor. Just an average investor. Maybe you want to try Value Averaging? A method of VA found in the book entitled "The 3% Signal" written by Jason Kelly. See http://jasonkelly.com/books/3sig/ and the extract below.

Good luck!

You are welcome bro.

Ah, it's good to know that you are still lurking here and have not abandoned the forum.

When in doubt, broaden the battlefield. Currently I am running 4 separate FSM accounts.

(a) Primary Account - already topped up to the max $. No more fresh investment. Going to use VA every quarterly and reduce the equity exposure if necessary.

(b) Secondary Account No. 1 - Same as above.

© Secondary Account No. 2 - Using RSP.

(d) Secondary Account No. 3 - Using RSP.

Let's see which account will perform better in the future.

Yes, you made the right choice by switching into RHB ATR.

I see no reason to sell Ponzi 2 for now. Xuzen has done a comprehensive review before about the risk reward ratio of Ponzi 2. I will not repeat it again.

This is going to be another one of my long winded post....

In a way you are right. Each account is designated for a different purpose.

(1) Primary account - This is a Beneficiary Account for my wife. If I die tomorrow, she can transfer out the money instantly without waiting for the grant of probate.

(2) Secondary account no. 1 - This is actually my wife's Personal Account. But I control it. This will be a conservative account. At the most only 50% in equity. Most of the money are currently parked under bond funds and CMF.

(3) Secondary account no. 2 - This is a Beneficiary Account meant for my son's education fund. I am using an aggressive approach for this fund in view of the long term horizon.

(4) Secondary account no. 3 - This is my Personal Account (newly minted). It is a PRS account with 2 separate PRS funds now. I am adding a global fund to complement it. So only 3 funds in total.

So, the million dollar question now. What if all 4 Accounts tank within 10 years time and suffer heavy losses??? Another Global Financial Crisis or Asian Financial Crisis is highly possible within the next 10 years or even this year. I think we cannot worry too much about things which are beyond our control. Otherwise we will end up putting all our money in FD or under the mattress. Inflation will kill us slowly in the long run.

That's why I have diversified into other "investments". I don't consider myself a savvy investor, so I tend to buy a bit of everything. I am also doing monthly self contribution for EPF, SSPN (for tax purpose) and periodic top up for ASM and AS I Malaysia. I have also bought an endowment policy.

Anything else that I missed out apart from investing directly in the stock market or property investment?

This post has been edited by Vanguard 2015: Jan 8 2016, 11:17 AM

Beijing has turned off the circuit breakers already.

See http://www.thestar.com.my/business/busines...rcuit-breakers/

Awaiting the next ball gazing exercise with bated breath. I am heavily invested in Ponzi 2.

Another round of red today.

For new young investors, good for you. You are investing at the right time. For older investors in the 40's onwards or those who are 100% invested in equity funds with not much bullets left, not so good.

DCA or VCA will only work if we can invest a reasonable amount every month or quarterly. For e.g. we have invested RM50K into Ponzi 2 and it will now sink like the Titanic for the next few years because of the China exposure before rebounding.

We say to ourselves, we will do the smart thing and practice DCA or VCA. We will put in RM100 every month into Ponzi 2. That is a bit like using a pail of water to douse the fire from a burning house.

This post has been edited by Vanguard 2015: Jan 11 2016, 11:40 AM

I think Global Titans is a good fund and worth topping up.

I am not holding AmAsia Pac equity. But it's track record doesn't look so good. If you still have faith in the fund for the long run (another 2 years run?), then you should top up.

Finally AmCommodities and Am Precious Metals. As you know, these are extremely HIGH RISK portfolios. I won't even consider them as forming part of my long term portfolio. Their Sharpe ratio are -0.19 and -0.77 respectively. Am Precious Metals has never registered any profit for the past 5 years since it was formed. My humble view, it should only form, if at all, 5% of our total portfolio (both funds combined). So have you reached the 5% limit yet?

I suspect you fall under the high earner/income/investor category. Therefore you don't need to take so much risk to gain profit. For e.g., you invest RM300K and earn 7% return from unit trusts per year using a balanced portfolio. Your paper profit is RM21K.

Another investor invest RM100K and earned 15% return p.a. using an aggressive portfolio. His paper profit is RM15K.

You still beat him hands down and made an extra RM6K using a more conservative investing method.

At the end of the day, it is your hard earned money. You have the make the final decision about your investing style or whether you should cut loss on any of your unit trusts.