I got.. But not buying yet

Is Your Portfolio Ready For The Rest of 2016? ....... March 18, 2016
In this article, the FSM Research Team will be providing a step-by-step tutorial for investors who are keen on exploring the idea of portfolio construction. This article could also serves as a reference for investors who wish to review or tweak their portfolios’ allocations in order to be prepared for the rest of 2016.
http://www.fundsupermart.com.my/main/resea...-Mar-2016--6908

This post has been edited by yklooi: Mar 18 2016, 10:50 PM

U luv Ponzi

all the markets seem up and up

Spoke to Hong Leong and CIMB people yesterday, both believes the stock market will be positive this year. But then again, they're sell-side salespeople...

Personally, I think China will continue to weigh down on the rest of the world. I could be wrong though, anything can happen

A florist will tell u d flower smell gud

YOu are planning to get their service?

when and if the time comes,...I may have to take the service of a wealth planner......
FSM does not provide personal service.

btw,...that article is a guide about how to construct a portfolio......not about them providing wealth planning service

how much do wealth planners charge?

Free right...usually banks private bankings will probide for free

Ok, maybe private banking for those HNWI with AUM >usd1m is different. But my experience with those relationship managers for premier banking is not great. Generally they r greener than me with investments and are just promoting whatever the bank ask them to promote

Wealth planner I believe is referring to those certified financial planners who charges a fee for reviewing your current state, retirement n other goals and help you plan how to get from A to B. So it's very different from the product pushers in banks. They should help you to look at your asset allocation, how to protect your wealth and so on

Boss, what's the trigger point? At which point do you think you need to engage a wealth planner?

Private banking usually provides this service, but
1. recommendations may be biased,
2. choices of funds are limited.

You can avoid these issues by using an independent planner, but it may cost more.

U r right , they are more than eager to promote their in house funds, be it Maybank or HSBC. End of the day u drink you free coffee and say i will think about it

Thanks for the reply. Right now I'm working in an investment firm, if I retire early I plan to become an independent wealth planner

my current thinking, my current rules are IF, WHEN I am fed up with this set IRR target and the chasing of this "illusional IRR" with my current mindset.
by then, I may just call quit and can in the cavalry to help.
by then,....I am already like a dog with its head down and tail wagging between the legs.....
current mindset is "I still don't believes I am so unlucky with my choice of funds"
but looking at current status....the time may not be too far off......
well, who know how it will go.......just let it flow for the time being and just try to gather as much understanding and experience about what to do and should be done at time of volatility.
it is easy for one to say "heart must be steady",...but have one really gone thru it, without altering the rhythm of the heart while in it?

This post has been edited by yklooi: Mar 20 2016, 12:35 PM

read from some postings many months back....
I may be wrong in this....
looks like they will charge between "Free to 2%" for initial investment amount
then annually between "0.5% to 1%" of total value under mgmt.
the more money with them...the less % they will charge.
not known what is the min amount they will take...

wealth planners manage money for client? i thought wealth planners give advice only..
so is wealth planner the same as fund manager?

When you talk about heart must be steady, I can only think of boss vanguard 2015 it's what he said that pulled me through the last 3 months.

Well, my 0.2cents
I was the biggest advocate for FSM, been telling all my friends to go for it since its peng Leng cheng; I don't have to deal with agents who don't really know what they r talking about.

But I realise that DIY takes a lot more work than just buying what FSM and LYN recommends, I ended up reading and monitoring the market a lot. It's a good thing, since I'm in accounting, these stuffs r no stranger to me, in a way it helps me in my work as well. But, I realise not everyone is up for that type work. My friends who bought just by following the current good returns or recommended funds don't end up in a good place. N I feel very guilty for putting them there

So now, if I have friends seeking for investment advice from me, if they r the type who wants to not do much, I'd recommend financial planner instead. Everyone has different needs. So what if you save 3-5k from sales charge n fees, you can lose a lot more to the market if you don't know what you are doing

Uncle Looi, I'm not saying you don't know what you are doing. But I can't help but to notice you associate luck to your choice of funds which really should not be the case. Perhaps a post mortem with the professionals will help?
IRR is a rolling number, with such volatile time, is your expectation still realistic?

This post has been edited by dasecret: Mar 20 2016, 01:10 PM