How long should UT be kept?

It depends on whether we are traders or long term investors. Some of the investors here are long term, some are traders and some are a mixture of both (like myself).

The average period should be about 3 to 5 years to ride out the fluctuations in the market.

P/S: One last category is the one time investor. These are the investors who invested one lump sum at the height of the markets, got burnt and then swore off unit trust investing forever because it is "cheating money".

This post has been edited by Vanguard 2015: Sep 9 2016, 05:43 PM

I have read the queries here about which is the better global funds to invest in. If I have to choose only one fund, I will pick CIMB Global Titans Fund.

It is a actually "a fund of funds", i.e. holding a collection of other unit trusts. CIMB Global Titans currently invests as a feeder fund into 3 separate global equity funds which focus on US, Europe and Japan. So, you are paying 3 for the price of 1.

That I assume, explains why the annual expense ratio of CIMB Global Titans is much higher at 1.99% compared to Eastspring Global Leaders Funds which only has an annual expense ratio of 0.16%.

Aisey, ninja trick cannot work if you are hoping to take advantage of a few days of market madness. I believe FSM operates on forward pricing? If we really want to "play the market", then have to modify the ninja trick. If you have volatile funds in your portfolio, i.e. with risk rating of 9-10, please consider setting up a mirror image bond fund.

For e.g.

1. You have EISC with a risk rating of 9. Consider holding RM10K or whatever amount you are comfortable with in Eaststpring Bond Fund. Market madness happens. EISC drops 3-5% within 1-2 weeks time.

2. Transfer RM10K from Eastspring Bond Fund into EISC using free credit points.

3. If you are a trader, after the market recovers, switch back the RM10K plus the excess profits from EISC to Eastspring Bond Fund.

Note to forumers here : The above is an EXAMPLE of trading and NOT long term unit trust investment. Do it at your own risk.

This post has been edited by Vanguard 2015: Sep 13 2016, 12:03 PM

Boss, saya tahu Eastspring Global Leaders is also a feeder fund. Tapi it feeds into ONE global fund only and not THREE separate global funds no?

Err...why is the 0.16% expense ratio not accurate? Please enlighten me.

This post has been edited by Vanguard 2015: Sep 13 2016, 12:07 PM

No worries. Just sharing my thoughts. Sometimes I use this method when I need to make some quick money to buy books.

Thanks for the explanation Dasecret.

Thanks.....but reading the annual report...urghh......

Yes, you are right. Mirror bond fund as in bond fund in the same fund house. It cannot work with CMF which is a "parking" account.

But I repeat, not advisable to switch in and out for unit trust investments. Follow Pink Spider. His approach is the correct one.

Don't follow Vanguard. He may make money in the short run only for his "gambling" portion of his overall portfolio.

As explained by Xuzen.

But seriously, the Pinky Method is the buy and hold method. Doing DCA or VCA. Portfolio rebalancing once a year if the "alignment" is out of sync (I assume). Standard textbook stuff. Easy to understand but difficult to practise.

Based on its fund sheet, I think it feeds into 8 separate global funds. But all the funds are invested in Europe only, hence the name of the fund. So are more funds better? It depends on what your target is.

TA Euro Equity is not a global fund and should not be compared with other global funds like CIMB Global Titans.

Revisiting an old topic. FSM sales fee now at 0.57%. Siapa berani pinjam Ah Long, max out personal loan on credit card, etc. to raise money.

Use the money to buy a low risk rating balanced fund at 0.57% fees. Later intra switch to a bond fund with the same fund house. Voila! You have a few hundred thousand credit points to play with.

This is what I call titanium balls.

This post has been edited by Vanguard 2015: Sep 14 2016, 12:31 PM

If I were younger, I would be offended by this type of comment.

But then I look back. I was also young and cocky once. I thought I knew everything. But I was lucky. I met a lot of humble people who were intelligent and successful in life. I realised that there is so much more in life that I need to learn.

Remember the cliché? “Be kind to everyone on the way up; you’ll meet the same people on the way down.“

A little humility goes a long way. Try it my friend.

For discussion purpose only......what about RHB Asian Income Fund or Affin Hwang Select Balanced Fund (in FSM's Recommended List)?



This post has been edited by Vanguard 2015: Sep 14 2016, 06:57 PM

I have no intention to sai lang. My credit points sudah melimpah-limpah due to overtrading. In fact, I can start a sub-topic to sell my FSM credit points.


Hi, thanks for the info. Anyway, my earlier posting about borrowing from Ah Long, etc. to obtain the FSM credit points is meant as a tongue in cheek statement. I am sure the forumers here understood that.

Rubbish-lah. My knowledge is only as good as you if not worst.

I agree 100% with this statement. I think we can only give general advice in this forum without knowing the investor's background. I think the phrase "buyer beware" applies here. At the end of the day, it is your hard earned money...you have to do the research and bear the risk yourself.

There are only about 5 true sifus in this forum and some of them don't post often. No offence intended but some of the forumers here have only invested in unit trusts for less than 3 years and their "knowledge" are solely from the forum or online material. Some are not even investors in FSM!

I read a finance book recently. It talks about 3 different pockets for financial security.

1st Pocket : Saving pocket.
2nd Pocket : Investment pocket.
3rd Pocket : Trading pocket.

1st pocket would be fire proof and earthquake proof. I assume this means FD or its equivalent. Once this is filled, then we have the 2nd pocket. This is meant for long term investment like unit trusts in FSM.

Then we have the 3rd pocket. This would be the gambling portfolio or where you allocate a certain amount of money for your "best bet". I assume this is the sector fund, gold fund, etc. I assume this would involve short term investment and active trading.

Looks the same. Maybe different packaging or different label...

There is no one right answer. It depends on the age of the investor, his income level, whether he is self employed or an employer, whether he is servicing a lot of loans, is he married or single, with children, etc?

As a very general principle, IMHO, it should be:-

1st Pocket - 3 to 6 months of living expenses. If you are working in an unstable working environment (e.g. oil & gas) or self employed, it could go up to 12 months of living expenses. So a person who needs RM5K a month for food, traveling and servicing loan would need to have at least RM15K to RM30K in savings before even THINKING of other pockets.

2nd Pocket - This could be 80% to 90%.

3rd Pocket - This would be 10% to 20%.

I always believe in the same way we preach DIVERSIFICATION for unit trust investment, unit trust by itself should be an asset class in a basket of investment. The basket of investment could contain EPF, endowment policy, property investment, stocks, PNB funds, etc.

Of course when we are young, it is impossible to do everything. So we start with the basic principle, to save at least 10% of our gross monthly salary and increase the saving every year.

This post has been edited by Vanguard 2015: Sep 26 2016, 05:13 PM

Bro, you want some diversity. Try this...

1. Good investing is like making love. Easy to do, but difficult to master.

2. Investment is like making love. You can't learn it from books. You have to do it often to learn the ropes but precautions are required.

3. Investing without doing research is like having random sex. You will never know what you will catch.

This post has been edited by Vanguard 2015: Sep 27 2016, 11:36 AM

I will be waiting for you.....