After about 1 year in FSM, i've decided to sell off about 70% of my entire holdings. Made a loss of about 7.5% overall. Now only left with CIMB Global Titans.

Nope. Won't be going into Unit Trusts. With the current market conditions, there's just too much volatility in stocks. I'll keep my Global Titans for now and sell off later but will focus more into other forms of investments.

Yes understood. What u're saying is correct. UT is long term.

But even if its long term, what kind of returns are we actually looking at? The way the world's economy is going, we are no longer in a bull market. We're basically drifting in and out of bear market and its going to stay that way till at least next year.

12 months ago, if I had invested my FSM funds into say ASB, I would have made a net profit of RM11K. But now, ive lost 9K. That's a wipe out of 20K of my potential NAV.

Not blaming UT investments but what i've learnt is that UT investments is based on timing of your entry. U cannot enter when the market has just started a downturn and surely not before the bottom is reached. All those here who made decent returns entered when the market was still on a bull run. But then again, any investment e.g properties, share market, UT all would have made decent returns during a bull run anyway.

Right now, the market is no where near a bottom. We have not seen the bottom yet. I kept telling myself many times over the past year that the worst is over, but the market always surprised me after that.

I'm still holding on to my CIMB Global Titans and may go into UT more aggressively when the market improves in the future but for now there are better investments out there which deliver a better return in the current economic climate.

Just my 2 cents worth.

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.

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.

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.

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.

Yes, u've nailed it on its head bro.

Starting 2016 i've become an aggressive investor. Yes the risks are higher but im starting to move a % of my funds from 'safe' investments into riskier ones albeit with a higher potential return with the ultimate aim of retiring from my day job by the age of 45 which isn't too far away. But im still keeping the bulk of my funds in safer investments e.g EPF (still untouched), ASB and property as a safety net.

Yes aware of this.

Yeah not sure how many ppl will be willing to have RM100K stuck in a fund for the next 7 yrs with no guarantee of a good return.

This is not a normal fund. Its a Private Equity fund. You cannot sell until 2023. U can only collect dividends (if any)