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 Fundsupermart.com v14, Happy 牛(bull!) Year

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lch78
post May 24 2016, 11:41 AM

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Just sold all my RHB Gold and General Fund to lock in profits. Scared Feds rate height next month will send it down more...
lch78
post May 25 2016, 12:26 PM

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QUOTE(David83 @ May 24 2016, 09:53 PM)
What is the return when you sold it?
*
Around 15% after 2 months holding.
lch78
post May 25 2016, 05:47 PM

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QUOTE(xuzen @ May 25 2016, 02:29 PM)
Your entry cost is 2% and you make 15% in 2mths; meaning the fund performed +ve 17% in 2 mths.

For those who are into trading / play like this, go online stk trading. Cost per trade (buy - sell)  is around 0.20% versus 2% for FSM-UTF. This is a more efficient way to trade / punt.

Xuzen
*
Actually I intend to hold for longer period. Just lucky pick that it went up so much in such short period. Now it seems too volatile therefore decided to lock in profits first.

Thanks for the recommendation though.
lch78
post Jun 13 2016, 05:58 PM

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QUOTE(iamoracle @ Jun 13 2016, 03:07 PM)
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
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I concur. Now I regret selling RHB Gold and General Fund too early.
lch78
post Jun 24 2016, 12:51 PM

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Sold out all my equity based funds today. Just left with bond fund.


lch78
post Jun 24 2016, 01:14 PM

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QUOTE(sonicbull @ Jun 24 2016, 01:10 PM)
Because of brexit?
*
Yes. Things will get messy in the coming weeks or months.
lch78
post Jun 24 2016, 02:01 PM

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QUOTE(sonicbull @ Jun 24 2016, 01:56 PM)
Someone from corporate banking told me, Malaysia not much affected. I read an article a while ago, it stated Malaysia will be affected. Who to trust?
*
That is true from economy point of view. But the funds are equity based.

The funds I sold is Global Titans, Asia Pac Dynamic Income, KGF and Eastspring Small-Cap. None of them looks promising in coming weeks or months due to Brexit.

Btw, with UK out of EU, it might incite others to join the exodus, leading to EU breakup, dominoes effect down the road. Last year I still had hope for EU to stay intact with certain measures being implemented, Greece problem tamed. But now, with Brexit in motion, I am afraid this could be the start of EU breaking up.

This post has been edited by lch78: Jun 24 2016, 02:08 PM
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