Ngek! Not too right..
there may come a "storm" to wipe out the basic financial instruments as we know them
BUT...
when that happens, i think our stocks/mutual funds/cash will be the least of our worry
(think food, water, easily defend-able shelters, weapons)

---
oo.. btw, on the Luxemburg / Ireland domiciled feeder funds (eg GTF, ESIGEM, etc) - 2% service charges, 0% withholding tax & capital gains, 1.8%pa mgt fees
VS
US-domiciled ETFs - 0.6%+/- brokerage fees. 30% withholding tax on dividend, 0% on capital gains on non-resident aliens, 0.5%pa mgt fees

assuming dividends contributes to the total returns averaging 44%-48%
+
based on responses from FSM,
=i think i'll do ETFs only when there's extreme fear / blood.
The differences, give 100 years, 75 years and 30 years holding... less than 10% variance per year average on an assumed 8%pa returns for ETFs.

However, to me, specific US-domiciled stocks still looks good going directly.

Shared Excel (zipped):  Total_Returns___Price____Div_.zip ( 181.43k ) Number of downloads: 15

please do highlight if i've mis-assumed / miscalculated some stuff, impacting the bottom line greatly ya

This post has been edited by wongmunkeong: Dec 17 2015, 03:48 PM

Let's go for some Ruskies & Bras - leave the Global Tits to Xuzen's balls
However, i'm in sync with his balls on MY stuff... personally still holding too much %

This post has been edited by wongmunkeong: Dec 19 2015, 10:16 PM

i terbalik - early morning sure can be there but gotta run after 10am

OT
massat opens at 1pm ma (early worm gets the bird.. or was it vice-versa )
& momma says one should eat at least 2 hours before excercise,
thus 11am must finish makan,
thus 10am must start looking for makan
- project management / gantt chart misused

This post has been edited by wongmunkeong: Dec 21 2015, 09:37 PM

<points at Pink> HE SAID WAN!!
correct, correct, correct

ngek! not too right.
Best promo (historically) = 0.5%, kambing soon Jan 16 heheh and Penang forgot what date (David!)

not every fund participating for the current too ma
+
i didn't say "wrong" - i wrote "not too right"

Those Tits have been very Firm performers
but as the Fed has started to stimulate interest rates,
them Tits' performance may sag with heavier cost of interests

Uncle - Tits / equities can be affected by higher interest rates leh
due to borrowings

and i did write Fed starting to raise rates ma - gawd knows how much / by when next few rounds
i no crystal balls like yours leh

BTW: http://www.marketwatch.com/story/this-smar...ist=lbeforebell

This post has been edited by wongmunkeong: Dec 23 2015, 03:57 PM

Buy buy buy!
IF can hold, hold, hold!

Wishing everyone here a Huat-y New Year

Beware the Dark Side..
Greed it is..
Fast it is..
Use the <mutual> FUNDS Luke..


This post has been edited by wongmunkeong: Dec 28 2015, 12:30 AM

heheh - my opinion & statistical reality i think (casino owners legal/illegal & workers intheknow, please correct my assumptions below ya)

those are funds' POSSIBILITIES only but very low PROBABILITIES in the long run
COMPARED to
Casinos'
55% or more probability to lose EACH TOTAL BET
45% or less probability to win of EACH TOTAL BET
ie.
the longer U play, the higher accumulated probability to lose and total sum bet in casinos
VS
the longer U play, the higher accumulated probability to win or NOT lose the total sum bet in funds

<cue Kenny Roger's "The Gambler" - U gotta know when to hold 'em, Know when to walk-away, Know when to run>
yes yes, old farts like me knows Mr Kenny as a singer first before grilled chicken/roasters

This post has been edited by wongmunkeong: Dec 28 2015, 08:53 AM

Nice.. thus in layman's term, blackjack as the example:
18% probability of "being ahead", thus 82% probability of "being behind"?

er.. for those who are going ,
What is the difference between standard deviation and z score? (for an Investor)
http://www.investopedia.com/ask/answers/02...and-z-score.asp

Yeah, some UTs are "Urgh Trusts" - though most of them don't lose all capital injected

This post has been edited by wongmunkeong: Dec 28 2015, 09:26 AM

i do BUT.. for my own reasons:
1. I've waaaaay too much "Fixed Income" in terms of EPF (humongous compared to cash) + cash/FD/Bonds (little) VS Equities

2. I don't want to have too much % in 1 entity, especially one that can be "robbed" publicly if U get my drift.

3. 6%+/- pa returns from EPF is abnormally high, when compared to the recent 10 years average.

Thus, technically, if one is not heavily lopsided in terms of TOTAL ASSETS in Fixed Income and/or EPF, i'd personally "let it ride" in EPF.

Just a thought

buy more, every 25% to 30% down
seriously... CIMBC50 here i come (more)!

http://www.amazon.co.uk/The-Art-Execution-...s/dp/085719495X

heheh - cut loss FAST OR pile in... "pigs get slaughtered"

Just a note - employers do not contribute >19% EPF due to tax/cost concerns
for "EPF - Employer's Contribution"

mathematical statistics means whatever it is to the cooker.

facts are facts - Employer's EPF contribution does not USUALLY exceed 19% of Employee's gross, due to tax efficiency / costs.
no right or not here

---
As for "PRS just for income tax", i'd say it depends on one's usage of PRS.
OR
are U just espousing "there is only 1 way to use a tool"?

eg.
for employees that can only save $3K pa (excluding EPF contribution)
and for sure wont touch long long,
won't it be better for them to use 0% frontload PRS instead of "normal mutual funds" which will incur some % of frontload?

This post has been edited by wongmunkeong: Jan 6 2016, 09:37 AM

For a typical Employee:
why the heck would i dump my cash into EPF
WHEN
1. no tax incentive - yup, hit that magical "$x,xxx for EPF AND Death Insurance" a long time ago.
Those who earns an average income IN KLANG VALLEY will have also hit it already

2. Long-term wise (talking about 20+ to 30+ years), EPF's average returns < equity markets' returns
The compounded returns pa% over those years make the few % difference a year huge in terms of $ at the end of 20+ 30+ years

3. IF U are saying "playing NOT to lose", yes i agree with U - just stupidly dump into EPF
BUT for those "playing TO WIN", dump into EPF? seriously?

nanti kena sebat by Jennifer.. cool

aiya - go attend / sign-in there lar, help them with numbers/stats/headcount
else
next year no more leh
U know some old management-style people lar - stats for stats, not "what's the REAL GOALs/OBJECTIVEs" of the thinggy