.. then as the mass consumer leaves the equity markets in a huff.. equity markets go up.. bwhahaah - i think some of us have seen these cycles up-close before

quite a few traders in a supposedly passive / semi-passive investing vehicles - knives, never average down, momentum, etc.
i wonder if the "cat" distribution UT trader + the "seeking alpha"/momentum fellow still at it boh.

don't lar bro, we need others that think differently - if everyone does it the same, harder to make $ leh

BTW, just to share:
MBB 0% balance transfer 12 mths +HSBC $15K 0%, useful for those intending to leverage a bit
sharing since i dug/calc/shared with my team members who were NOT prepared with "more dry ammo" for the Trump-ing of Clinton

This post has been edited by wongmunkeong: Nov 9 2016, 07:26 PM

Yeah - thus, i do mutual funds/ETFs - markets are usually efficient
+ value investing in stocks - coz sometimes $100 bills really can be found on the street
+ juicing stocks with their derivatives - coz even if the stocks i own goes sideways forever, i still make more than "just dividends"

yup - coz FM's will not be fired/criticised if "ALL FMs also like that"

thus.. moving some off the FM's table to DIY myself

yup - NAV is just the value them funds are holding
doesn't mean squat by themselves

several pages or versions ago, there were some ultra smart fellows trading / investing purely based on NAV and/or distribution ma, U missed that meh? Geniuses - no wonder so rich..

This post has been edited by wongmunkeong: Nov 10 2016, 03:40 PM

aiyo - statement of fact only ma
dunno maths, daily NAV calc, distribution impact/non-impact & holistic view meh?
OR
U prefer the BS of Q where 1 or 0, but the answer is 1 AND 0... like typical marketing BS? heheh
at least if:
depending on x, y, z then answer = 1
else answer = 0
at least have meat to understand logic ma, instead of BS

btw - y so bo jiao ar? very unlike U leh Duterte Jr
or U setting me up for something?

This post has been edited by wongmunkeong: Nov 10 2016, 04:02 PM

hm.. personally i don't know whether the EM markets' price-to-value has dropped enough to be of value to me but it has fallen.

Just wondering why U think "koyak" = not worth buying?
"koyak" = fundamentally koyak or just the markets' prices down?
IF just "market price down" - bad to promote for value investing?

General thoughts:
When Tesco / Giant promo things on SALE, U like?
VS
When FSM promo things on SALE, U no like?

OR
When Tesco / Giant promo things NOT on Sale (ie 10% to 20% above average 1 year's price), U no like?
VS
When FSM promo things NOT on Sale (ie 10% to 20% above average 1 year's market value), U like?

i thought it was Dumb Dumb Invest or Die Die Invest
on a more serious note - VCA if done methodologically, is statistically better though slightly more "work" (though most of it can be automated via Excel, then just need discipline to execute)

heheh - U structured your VCA from that book too eh?
hopefully "geniuses think alike", not "fools flock together"

If kimyee73 structured his VCA like mine, based on this:
https://www.amazon.com/Value-Averaging-Stra...s/dp/0470049774

then no way "value cost averaging and cost averaging is too costly" coz it is only using one's planned allocated funds and/or abnormal profits (kept aside after selling)

nah - bogglehead's comparison of it vs DCA and stuff
https://www.bogleheads.org/wiki/Value_averaging

er.. U are in the retail financial industry right (based on your signature)?
haven't read / compared this approach before?
just curious - no offence intended ya - i just assume that professionals would be "wider read"

This post has been edited by wongmunkeong: Nov 18 2016, 04:18 PM

ah.. something new.
Can share the mechanics of it ar?
big pix la - is it like that Value Averaging book (big pix in the Bogglehead link)?

seefood = eatfood lar bro
no sifu, alway L for lembu learning

well, VCA or VA, has many variations in execution - thus even Kim Yee was asking how the other forumer is executing VA or VCA.

the way i execute is near exact as per the book AND the demo/example showed in the bogglehead link
thus:

a. Yup - same thoughts as U but for different reasons, i'm the type that looks how far down/lost first, instead of possible profits.
i only do it for ETFs and mutual funds (ie basket case things), not individual stocks
keep in mind Enron & WorldCom ya - VCA or VA until zero.. fun! bwhahaha

b. the NAV difference isn't much comparatively
AND if one does as per the book's structure, one takes the
VALUE TODAY (including the distribution reinvested - ie. don't lar look @NAV only, take the entire held value)
vs
VALUE WANTED/EXPECTED TODAY from 3 to 4 months back
then only figure out how much of the allocation to use & buy OR don't buy OR even take profit coz too crazy run up liao

btw - i do VCA only like per quarter or 4 months once. too lazy + the monthly execution isn't worth the time/effort since not much difference / impact.
trying very hard to be lazily effective

This post has been edited by wongmunkeong: Nov 18 2016, 05:30 PM

i got it too - free munee wor
FYI to add onto the HSBC free 15K - on the annual fees, free for 1 year
+ free for next year if swiped 12 times (or was it 10 times..)

Then use the 15K to buy into lelong funds (hehe - have to tie in to mutual funds in FSM mar, else kena bamboo-ed by some )

personally - i'm waiting for kaka to hit the fan then deploy dry powder in MYR, IF it hits, eg. KLCI 1530-1550

right now dunno what to do with dry powder in MYR heheh - MYR vs USD & SGD is at > the 99th percentile AND near/at highest level of 10 years' daily exchange rate data
http://www.investing.com/currencies/usd-myr-historical-data
http://www.investing.com/currencies/sgd-myr-historical-data

will NEVER bring back USD & SGD except for retirement spending IF retire here
prefer Chiang Mai or HCM - hor pinkspider hor

This post has been edited by wongmunkeong: Nov 29 2016, 12:44 PM

Volatility explosion - sure was a fun ride, just like BrExit

The passive camp may be busy laughing to the bank or accumulating knocked down prices stuff / rebalancing while others are screaming bloody murder why this/that went down or FSM offering sales on knocked-down markets

hehe bro-sis camps, not red-yellow camps

both understands the "long-term-ness" + asset allocation & sub-asset diversification

diverges on the execution/management "activeness" & "triggers/logic" only

er.. U know that agents get a % of "total invested assets" from the fund house(s)?

if not - tadaa.. enlightenment - FSM isn't a charity house, as long as their customers hold the investments (especially - guess how long for PRS?), every year ada % + target bonuses + etc from fund houses. The service charges = 1 time off tapi these are like clockwork & passive income for agents