better still - the biz, financial & investment forums in LYN should have IQ + EQ test before enabling users join & post, thus forcing spoon-fed flers to READ and ABSORB first before posting stuff ..

if only wishes were ponies..

Dunno - my balls aren't Krystal's
Whether up/down/left/right, as long as make >6%pa i ok, better >=8%pa

Buy value, buy holistically low corr THEN sell to crazy chasers.
still see people chasing "performance" rather than collect at value is gud, is gud

This post has been edited by wongmunkeong: Sep 7 2016, 11:39 AM

IMHO - not cheap nor frugal la, VALUE hunter (worth vs cost of services/items)
Hard to reprogram views to look at value instead of at price or cost

eg.
until now (since my 20s) i've been trying to de-program momma (she's a stock "investor") like PBBank, Nestle, LPI VS low priced stocks
look at Nestle, PBBank, LPI at the peak of 2007 VS end 2009 (right after worldwide credit crisis) VS now

earn $?
lottery or genting not a consideration?
why not FD?

earning $ itself is only 1 portion to the WHY one is investing via UT or stocks or bonds or blackjack/poker
risk/reward level acceptable?
time/duration that $ is need back?
tax optimized?
etc etc.

"when student is ready to learn, sifus will appear"
i'm still asking / looking

1. Do U know that equity UTs = basket of shares?

2. Thus, can UT be LESS risky than shares?
ya ya - spread out thus not risk in 1 company's shares BUT still stock market / shares "risk level"

3. FD barely covers inflation?
IMHO, it depends on one's personal inflation - ignore the consensus.
If i have $1M and put in FD, get 4%pa ie $40K pa, spend only $25K pa and reinvest the $15K
When will concensus inflation kill me ar?

4. Bonus answer
Do U know there are "shares like UTs"?
They be called Exchange Traded Funds - ETFs

There is NO such thing as best choice - best for what & why & when?
lt's akin to saying weight training is the best choice for fitness/health then going on to ask what best sets/reps
VS
what is the health/fitness goal? time available? pain thresh-hold? already eating well / good diet? blah blah - then only do a holistically planned approach.

With the responses U provided, i'd be very surprise if any real sifus can advise U which /what to buy /how long to hold UTs etc.
U still haven't found your "WHYs & WHENs & HOW MUCH"

eg
can guide a person asking - i want to make $.
how much? dunno - as much as possible la
by when? er.. a few years la
for what? er.. make munnee la
can guide such souls other than "go buy 1 lottery ticket to infinitely increase your chances for $3M or jackpot, BUY 2 to double that"

sorry.. old fart blabbering

This post has been edited by wongmunkeong: Sep 10 2016, 12:01 PM

nearest percentage la
percentage is scale-able and easily comparable

Off topic alert
Fireballs or acid works well on trolls - stops them from regenerating (learned from AD&D )
However, IMHO, setting traps for the trolls to kill themselves are more satisfying AND gather conclusive logic / ill-logic

nah.. SELL SELL SELL <'ala Kramer-style>

that word needs lots of leverage or capital to be worthwhile neh

thus have to learn 2 or 3 words

This post has been edited by wongmunkeong: Sep 14 2016, 05:26 PM

er.. sumimasen..
long time never did DETAILED stuff for mutual funds liao.

Only doing "chump change" that is too small to port over to overseas brokerage for direct ETFs and stocks

and real sifus here are Pinky Xuzen etc.
i'm just coasting here heheh

U so cold & logical, no fun la - most people complain
I have my fun with my $ growth & hunnee - to which i respond, if i bother responding

up till now, still those Qs from a lot of forumers VS a planned approach.
i wonder if they play football or basketball with all attacker or defenders, and not a planned resource & holistic approach

This post has been edited by wongmunkeong: Sep 21 2016, 03:25 PM

also simple methodical (for me):
1. If "investment" is no good after 3 years of "commitment"
VS similar "investments", time to cut loss and move to better ones
eg.
i commit to GEMs for emerging markets and after 3 years+, it shows it's averaging or above average compared to other emerging markets, keep on going
ELSE
find another emerging market fund

2. EXTRA lump sum in on top of VCA (bonus answer ) if it is already proven AND is at a lelong (the markets covered under that fund)

hmm.. sounds like a sound thing for partnerships too

just thinking:
1. Fixed Income stuff VS UTs.. big hoo ha - "quantum leap" if learned and kept executing

2. UTs VS direct stocks even ETFs.. another "quantum leap" if learned and kept executing

3. local VS foreign/worldwide stocks - another "quantum leap"if learned and kept executing

4. derivatives on held worldwide stocks OR derivatives on wanted to buy worldwide stocks - another awakening level.. (still stuck here personally)

i guess U are spot-on on the transitions needed for each stage of "awakening" - being happy, contented "staying there"
VS
being happy, contented YET wanting to keep improving/finding more options - these costs $, time, effort and lots of coffee (for me heheh)

Just thinking - no right/wrong, thus dont fatwa me for this ya

aiya - bulls wins, bears wins, ***s get slaughtered
ie ada cohesive plan/methodology, sell or accumulate ok
BUT if none..

similar with:
1. Emergency buffer $
2. Logical / programmatic investing (no fear/greed) $
3. Crazy / punting $
?

Xuzen's Algozen Ball
KimYees' KY JellEe?

sorry - late in the day, uncaffeinated, weird(er) thoughts than usual ..

people still insist on talking about IF price going up AFTER distribution ma
VS
net net at the point BEFORE VS AFTER distribution

IF i sold it earlier, IF i bought it better, IF i offered more..
IFs should have, could have

Dont have a cow yar Pinky - U can't "save them all"
Life's too short and.. who cares, after a few rounds why bother
hey - when lar introducing me to your favourite popiah restaurants

This post has been edited by wongmunkeong: Sep 27 2016, 12:26 PM

or wait 25 years - TIME in market ma, statistically correct heheh

of cows, water Vs piano?

Price price price
coz Value of dividends & composite of stocks held, time & clarity missing?

This post has been edited by wongmunkeong: Oct 4 2016, 04:36 PM

bro - er..
high current IRR may not prove one's methodology is logically sound as a process leh
it may be pure luck.

it is the repeatable process & logical nature of a process (to it's "working environment") that can prove to be good logically & risk/rewarding.

heck, i'm sure of few of us have pre-2008 mutual funds held till now, giving >15% IRR
ask us to repeat performance on selecting such... sure dunno how/why wan bwhahaah
thus, doesn't mean high IRR = good, logical & repeatable/consistent

---
Other than the above,
some people "talk" with not-too-logical cause-effect, such as as those that think buying PURELY based on low NAVs = better win rate.
VS
NAVs are by default, mathematical values derived from the fund's held
(cash + stocks/bonds + other stuff like derivatives)
LESS
(calculated management & other fees/costs)
LESS
Distribution

Thus, if one were to argue just by buying low NAV, akin to buying a stock, instead of "holistic view".. susah to discuss logically lor

Even the "distributions" Vs "dividends" argument is not too logical coz:
1. PRICE of stock: market forces directly decides price of a stock before & after/ex dividends
VS
2. NAV: purely mathematical - it is the composite value of all stuff held,
INCLUDING DIVIDENDs from stocks & Interests from cash/debt vehicles held,
thus even if NAV goes down right after distribution point.. it's purely maths, not the buying/selling of the mutual fund.

Thus properly comparable meh - method for stocks vs method for mutual funds?
sigh..

sorry ar, not sighing about U, just some folks that insist "general truths" can be applied "literally"/specifically to mutual funds - eg. buy low/sell high.

Just thinking out loud - no absolute right/wrong

This post has been edited by wongmunkeong: Oct 6 2016, 11:48 AM