Hello there sifus! Been lurking in the forum for some time, not sure if it's the right time to pop out and say hi in the midst of this heated debate! But anyway here goes..i have no financial background knowledge whatsoever, a complete novice here but I have learnt a lot from this thread regarding UT. Truly appreciated.

IMHO, I think what guy3288 has been trying to point out may have been misinterpreted by most. Yes it is impossible to time the market, yes we will never know when and where the trough will be, NAV at point of purchase should not be a hindrance to top-up/invest as long as proper DCA is done. However there is no doubt that someone who purchased at a lower NAV will benefit more compared to someone who bought at a higher NAV, simple arithmetics. But if and when there is a dip in NAV, I believe that we can take advantage of that by topping-up a fund to bring the weighted average cost down (also to rebalance the portfolio if criteria are met) if we believe in the popotential upside of the sector/region invested, and it is a fund with good track record and fund manager. This, I believe is the only advantage we would get from a dipping NAV. On the other hand if one is deciding whether or not to start investing in a fund, then again one should be doing so regardless of the NAV, and (needless to say) to DCA into the said fund!

Please correct me my understanding is incorrect. Here to learn 😁

Dividends have been taxed at source at 25%. However one may claim back the difference between that and one's current tax bracket. No point to go through the hassle for very small amounts though.

https://www.fundsupermart.com.my/main/resea...-Dividends-3246

frankzane was asking about declaring taxable income from dividend..just for info XD

Of course if you don't want to declare also no big deal. LHDN won't come chasing after u to give u free money! Someone will prolly spend it on diamonds/ submarines and what not

This post has been edited by drew86: Oct 18 2016, 07:28 PM