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.

My suggestion is:
Go back to investment basic.

When you invest in an equity fund, like Global Titans, you should be ready to hold for 3 years or more.

When did you start investing in Global Titans? Did you do DCA/DVA?
I only started investing in this fund last year, and until today it still records 2+% profit.

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'll do (1) on selective funds as I have some bullets.

If your interest is solely for diversification because EIGEM has exposure to Russia, Brazil, India, etc. then you can consider this fund.

But speaking for myself, I am not a fan of EIGEM. I already have Ponzi 2 which has high exposure to China. EIGEM has an exposure of more than 39% in Greater China. So I see no reason to buy EIGEM. The Sharpe ratio of EIGEM is 0.03 and its performance for the past 5 years is not so good.

I know some forumers here have EIGEM in their portfolio. Well, different investors have different perspectives.

Don't top up sinking ship

how many % of losses ?

If I were you, I will cut my losses and move on.

To draw an analogy. A patient is in a coma and is on life support system. He may or may not wake up in the future. The chances of him waking up is 5%. So would it be more humane to cut off the line support system now and let the patient die?

But the final decision is yours. It is your hard earned money. Do you have confidence that the price of oil will rebound in the short run?

just for the "Fun" of it.....go update your portfolio performance as at 21 Jan ....
 
I think many would   
my XIRR is 2.08% 

on the consolation....it is still higher than my lowest (since data captured) which is xirr 1.85 in 25 Aug 2015 (Global Rout) and xirr 1.99 at 1 Sept

What to do... free advice can be too cheap to believe. And some folks still having the wrong perception that the advisors, consultants or whatever the title - that they not only managed the client's wealth, but they should also create wealth - preferably in double digits growth of not less than 20%.

(What the fuck of having 8-12% growth with the aid and help of a "wealth consultant", when this is easily done with fixed-price funds.)

And they (the advisors/contsultants) must be able to give timely advice when to invest, and again give timely advice when to pull out, plus which region/sector to invest and again, when to pull out of the region/sector - and do all these every 6 months or so; with a time frame of 2-3 days to pull out before the market goes down, and must be able to pour back the investment right at the lowest point of the market dip.

If they can't do all these, what good is a advisor/consultant. Can listen for free from the morons talking about long term & regular investments (what the jokers were repeatedly chirping like the birds... DCA, DCA...RSP, RSP... VA,VA).

Every investment is a gamble. If we know the future, then it is not an investment. 

Argument is now going in circles... see the above post on 'casino motto'. If no luck in the first 5/10 years, stay longer... keeping on betting too with regular purchases! 

FSM has about 300 UT in it; Wodenus claims 50% ROI less than FD rate. I think he is wrong; 2/3 or 67% of them has 1 year return less than FD rate of 4.5%. Check out FSM website and see for yourself.

There are arguments about whether investing in UT is similar to gambling or not?

Some forumers asked whether can a financial adviser gives a 20% return p.a.?
The answer is yes, just look at the past return of the top funds in FSM; +20% is achievable. Question, is whether the client can stomach the swing in NAV or not?
Xuzen

you are not alone.....my portfolio also dived for 1.5 months too...now starting to crawl back up abit.
I guess most investors would also be affected during this 40+ days...