bond redemption won't cause the fund size to double up right?

Any ideas around which week will it be released?

based on this...if history repeats itself....soon...


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Very soon

Wow... so many people invest in it in a short time!

Maybe just maybe....last yr govy tell dun invest overseas, bring back monies and other things....so they park there

good time to buy?

just bought CIMB G titans
and Kenanga Growth Fund,
today's closing price expected to be ?down.

I've dumped all my remaining FSM funds. Total portfolio loss since I started in July 2014 is 5.8%. Not to bad actually but I think there are better 'investments' out there which can generate better returns in a shorter period of time.

From what i've experienced so far and am reading today, the worst in the stock markets is yet to come and we're far from the bottom.

But I wish all of you the very best. And I thank all those who patiently answered my silly questions and provided their valuable insight either on thread/in PM's. Much appreciated!

Ill still be on this thread occasionally.

Paul Singer Joins Icahn, Soros; Warns "It's A Very Dangerous Time To Be In The Market", Buys Gold
http://www.zerohedge.com/news/2016-06-12/p...arket-buys-gold

Did u lose 5.8% from investing in FSM funds for 2 years? What funds did you invest in? Did you switch to other funds? And, why the decision to sell now?

I thought my post above answered most of your queries.

Yes 5.8% loss from FSM funds.
Various funds. Please check my earlier posts.
Yes I switched.
Worst is yet to come. Better short term investments out there.

I concur. Now I regret selling RHB Gold and General Fund too early.

Good luck

5.8% + 3.5% + 3.5% (2 yrs opportunity cost as in FD) = 12.8%.

good that one had found it out now instead of some years later,,

yes...to this statement "..... but I think there are better 'investments' out there which can generate better returns in a shorter period of time".

just bear in mind of this and do a proper application of ....?
Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.
Risk management’s objective is to assure uncertainty does not deflect the endeavor from the business goals....(I think this can this be applied to high risks investment too)

This post has been edited by T231H: Jun 13 2016, 08:50 PM

I got confused reading your post too. -5.8% but somehow you said not bad but there are better investment out there.
EPF, FD or home loan are all capital and x% returns guaranteed just to name a few of them.

Yes ure 100% correct. Im PMP qualified and I deal with budgets & overheads on a daily basis at work so risk is very much a topic of interest for me.

So far FSM was the only investment which I made losses in the past 15 years of investing. But im not saying its bad. Its just the timing. Im certain that if I give it another 1 year or so, I would be seeing some returns. But for now, i'll invest elsewhere.

You need to first understand that losing 5.8% over 24 months is not a big deal for most ppl. That's just about 2.9% per year. Even inflation eats up more than that. Of course if you add on the opportunity cost, the % goes up.

The other thing you need to understand is risk diversification. I have investments in ASB as well which give me a steady return of about 7.5% p.a but investing in FSM is not about sitting back and just earning a meagre return. Investing in the right funds at the right time can give you a 15-20% ROI and that beats many investments out there. But of course it comes with a potential (and very real) downside risk which is what i've experienced over the past 2 years.

Besides my day job, I co-own a company which is targeting a listing on the Hong Kong GEM Board sometime next year. So need to be very careful how I utilise my funds and move them around especially in the current economic climate.

This statement contradict with your action of investing in that potential scam FXUnited.

Nope. No contradiction at all. Read all my previous posts for the past 2 weeks and you'll be able to understand my overall strategy...not just with FX.

I have met people similar like you, person who have the money to invest into start-ups and what's not. That person have money to invest in a company in frontier market (Cambodia or some Indochina country) that will build dams to power hydroelectricity. His investment is talking in millions of USD.

I suspect UTF is not sexy enough for this segment of people; UTF is very much a tool for the mass market or retail investors. Regular 9 to 5 Joes who need to slowly build their wealth the slow and steady way, who cannot afford to lose our savings / retirement fund.

Xuzen

This post has been edited by xuzen: Jun 14 2016, 10:01 AM