Eh, good idea bro. No rush for me to buy new funds. Cash is king.

Thanks for the heads up.

Paiseh, paiseh. Actually I sold off some bond funds earlier. Before this, I think I had maybe about 15% in bond funds.

Actually it is easy to remain steady for the past few months. Just don't log into FSM online or do it once every 2 weeks. Drown yourself in office work.

Thank you for your recommended funds. I also have the Libra Consumer and Leisure Asia Fund in one of my supplementary portfolios. I think is on Viagra and steroid. Over the last 1-2 months, suddenly the ROI spiked to 8.37%. Unfortunately I only invested a small amount in this fund.

Dunno. I have always had the Libra Fund in my portfolio, either in the main or supplementary portfolio. It looks OK wor.

Nope. I have not tried the FSM portfolio simulator before. I hope to try it soon. Thanks for the heads up.

Roller coaster ride is here again. I am comparing the performance of the 4 FSM accounts that I have.

For now, the account that is giving me the less heart attack is the one with the highest exposure to bond funds. The equity exposure is only 25.22%.

This account has among others, Eastspring Bond, Libra Asnita Bond and RHB Islamic Bond Fund. Smooth sailing. No stress. ROI from 3.32%, 5% and 4.48% respectively.

It also has RHB Asian Income Fund which just turned green with ROI at 2.22%. I just sold off RHB Asian Total Return Fund (too volatile for this particular FSM account). But in the long run, I suspect this account will lose to my other FSM accounts with more equity exposure.

Note : In the current market, for middle aged investors like us, maybe it is time to have a balance of 50/50 in equity funds/bond funds or 60/40?

No special strategy. I am just a layman.

Account 1 - My own account. Major in equity and alternative investment funds. Recently I diversified some into bond funds.
Account 2 - My son's education fund. Combination of equity and bond funds. Doing monthly DCA.
Account 3 - PRS and combination of equity and bond funds. Doing monthly DCA.
Account 4 - My wife's money. So majority in bond funds. This account is capital guaranteed by Vanguard. Any profit she take. Any losses, I will absorb.

Technically I am not pumping fresh money into Account 1 and Account 4.

I agree with you. It may not be a bad idea to switch some money into F1. This is what I did for my Account 1. For the equity funds which overlap with each other or which I don't like anymore, I switched out to bond funds. But I don't think we should switch out completely from Equity Funds. Maybe at the worst case, still maintain at least 20% in Equity Funds then do quarterly VA or monthly DCA to buy more at low prices?

This post has been edited by Vanguard 2015: Jun 15 2016, 04:05 PM

Haha, I also wish I had the same guarantee for my own UT investments.

What a great buying opportunity for long term investors. UK unexpectedly exited EU.

Gold will rise, sterling dropping, worldwide share markets dropping in knee jerk reaction.....

Wah...what to buy in FSM? Recommendations???

The Return Of the Pink Spider.

It is not easy to stay invested in a turbulent market. The main problems facing investors are:-

(1) Staying the course when we see our portfolio plunging into the red zone with no relief in sight;
(2) Over estimating our risk tolerance leading to over exposure to equity funds;
(3) Improper asset allocation leading to diworsification, i.e. having too many funds with positive correlation;
(4) Not enough saving to take advantage of the market dip to practise DCA or VA;
(5) Overconfidence in our investing abilities leading to buying high and selling low.
(6) Misunderstanding the nature of unit trust investment.

A combination of the above factors led some investors to get burnt in unit trust investments. Thank God we don't have contra trading for FSM.

For myself, the solution is to keep more cash and bond funds to take opportunity of the crazy market. In the current market, I don’t subscribe to the belief that young investors (i.e. anyone below 40 years old) should be 100% invested in equity funds. We are only human. We just don’t have the stomach to see our portfolio plunging month after month.

IMHO, the current market calls for a defensive position with a 50/50 allocation in equity funds and bond funds. For older investors with higher income level or sufficient emergency funds, they can afford to increase their exposure to equity funds/alternative investments to 70%. Again, this varies depending on the individual investors.

This post has been edited by Vanguard 2015: Jun 28 2016, 04:16 PM

Yes, words...but coupled with action...since I put my money where my mouth is.

I just topped up or intra switched more money into the following funds:-

1. Libra Asnita Bond Fund
2. CIMB Global Titans
3. Ponzi 2
4. CIMB Greater China
5. RHB Money Market Fund.

Hope for the best, plan for the worst.

Sold down 1/2 of my holdings today in Ponzi 2. Started investing in a 'junk bond' fund last week; made 1.25% profit in one week.

May diversify later into REIT and gold fund. Currently heavily loaded in Libra Asnita Bond Fund. My alternative investment fund is still making losses; should be ripe for harvesting in 4Q.

EISC and KGF still steady; profits at 19.54% and 12.25%.

Sorry I am just a layman investor bro. No time and expertise to track IRR...

Ehh...cari makan only bro. This year I only use FD as my benchmark. Capital preservation is my main priority now. I have to swallow my pride and play defensive for the remaining 6 months.

Hey thanks sis. Will look into it.

No fixed asset allocation strategy. It all depends on the market. Usually I will spread my money in different funds. Some for speculation or gambling as well.

RHB ATR is not performing this year so I dumped it. Now I am just riding the wave with Eastspring High Yield Fund. See how long the ride will last. If I make a few thousand from this fund within a few months, I may take the excess profit out or sell all. If bond default, then finish-lah. No risk no gain.

I have other funds in my portfolio which are long term.

I don't see anything interesting to buy. For now, I will only buy back AmReit and Affin Hwang Quantum Funds. These are funds which I had previously but I sold it off. Well looks like I am running in circles.

I thought of buying TA Global Technology. But what is the point? The correlation with CIMB Global Titans Fund is 0.92.

Topping up Eastspring High Yield Bond Fund.

To continue holding more bond and cash. We don't know how the market will behave for the remaining year.

No need. I am already quite heavily invested in these 2 funds.

No sifu here. But I have been working for close to 20 years now since the 1997 Asian Financial Crisis. My 2 cents worth...the economy is not doing well. Things could get worse next year. Some of my clients are doing VSS. Other foreign clients are packing up and going back to their countries. Sale of properties are down.

For me, I am concentrating on bond funds and cash. I still have some equity funds at about 40% or less for different portfolios. IMHO, we should:-

1. Save more money for a rainy day;
2. Try not to have big expenditure this year like buying a new car, fancy new handphone, etc.
3. Should not start a new business or change job.

Number 1 reason for bankruptcy cases in Malaysia for young employees now are car loans. The 9 year car loan is a curse. Those days, the main reason for bankruptcy used to be credit cards.

Thanks for the head up bro. This is very useful.

It used to be credit cards being main reason for bankruptcy until they changed the law to state that minimum amount for bankruptcy is now RM30K.