I don't see that it matters much. I also don't see any other country manufacturing most of the world's stuff. China port has stabilized around -1%. People should be aware that these things capture a moment in time. By the time you read this, it's already history

BTW post-election euphoria in the US is over, US port dumped 2%


This post has been edited by wodenus: Dec 9 2016, 10:57 AM

Remember the great short circuit of dragon back in early 2016? China went from a industrial monster to a lizard. Soon after June it roared back to life.

China is too big too fail. Malaysia on the other hand

.. is dependent on foreign investors, who are mostly capitalists that don't like socialists and fundamentalists. China does though. Countries usually don't "fail", they just get cheap for many, many years until they get a good government and a leader with a clue

This post has been edited by wodenus: Dec 9 2016, 11:02 AM

I can reject your statement by bringing Venezuela and Greece. Those failed spectacularly with bad governance and widespread corruption. that is what we are heading to if there is no check and balance.

Yet again you are looking at a moment in time. Look up the funds that invest in these countries, you might be surprised


This post has been edited by wodenus: Dec 9 2016, 11:24 AM

i think no country is too big to fail or too small to succeed. just my on the fence thoughts.

No harm done I can come back later on while Bank rolling my money with other funds and countries.

There isn't any reason to keep on failing funds other than emotional attachment or patriotism. Since my sc has already been paid upfront I can just switch back EM to small cap after it recovers in a year or two or pump in more of my CMF inside kapchai.

when investing I always apply this teaching on everything I do.

“You must be shapeless, formless, like water. When you pour water in a cup, it becomes the cup. When you pour water in a bottle, it becomes the bottle. When you pour water in a teapot, it becomes the teapot. Water can drip and it can crash. Become like water my friend.”

I don't think these guys would like to agree with you.

www.dailymail.co.uk/news/article-4012206/Pirates-preying-Venezuelan-fishermen-industry-unravels.html

www.foxnews.com/politics/2016/12/06/in-venezuela-women-selling-hair-to-make-ends-meet.html

Hence why I always make sure to prepare for the worst when shit happens.

yes, you're correct in saying we should not exploit the credit system , I dunno about it previously and didn't earn any credit points when selling off my epf equity funds, now i switch them to bond fund instead of selling, and when times are better, I switch back from bond to equity monthly (DCA), leceh also because need to send in physical switching form for EPF funds.

yes, u can use the eunittrust promo period to switch for free, but the thing is you dunno when will they have promo (which is like one year 2-3 times), they control the date of the promo not you, but for the credit system you can use it anytime you switch

you loose some days while switching but we're in it for the long haul right. I'm using both eunittrust and FSM, and usually I only buy during their promo period.

You get free switching?

ever since i watch an interview from fox news tv on chinese thoughts on elections, i kinda boycott them so not too sure if their news are credible. however, i get what you mean.

if you want to use your credit points, you need to switch from eastspring small cap > eastspring bond (earn point),

then switch from eastspring bond > emerging market (use point) . if you have enough points , you do not need to pay for the sales charge . --> wrong, intra switching is free , so can switch directly except for rhb (see below).

**correction intra fund house switching does not incur sales charge , only inter switching incur sales charges, which is where the ninja switching using credit point comes in.

if you switch direct eg, Eastspring smallcap > Eastspring emerging market , you'll be charge 2% or based on your tier discount, silver 1.75, gold 1.5 , platinum 1.25

for rhb funds you need to switch from rhb equity > rhb money market , rhb money market > other rhb equity funds , if you switch to other rhb funds other the rhb money market fund , you'll be charge rm25 switching fee

i think for rhb smart series, you can switch for free also, rhb smart treassure > rhb smart income (earn point) , rhb smart income > rhb smart treassure (earn point).

do note , each fund house has different minimum switching amount.


This post has been edited by repusez: Dec 9 2016, 01:55 PM

not without a wrap account I don't. I just do intra fund house switch. most my funds are in fund managers who have a wide range of funds to switch from one geographical region to another which is one way to switch without paying a "penalty"

I think that's one thing good about having a diversified portfolio. you can move funds at ease to another once you understand where to place your funds to which fund houses

Thanks. Which funds have you invested in ?

KUCHING: Investors are urged to be more cautious with their investment portfolios in light of a volatile ringgit and uncertain global environment.

With the ringgit plunging down 5.9 per cent last month to a record low of 4.3100 since January 1998, investors have been left skittish about their onshore investments and cash assets.

They worry that the current uncertain global environment will only further depreciate their assets, leaving them unsure about what steps to take next.

“From a financial and investment planning point of view, the first thing I would advise my clients would be to review the present unit trust portfolio they have and take profit on funds that they have invested in view of the heightened volatility,” said Lee Khee Chuan, director of Practice & Advisory Management, StandardFA for East Malaysia.

Lee, who is also a licensed financial adviser representative, said it was equally important for investors to devise a strategic investing plan to manage the downside of investing risks involved.

“Instead of lump sum investing, one would be wiser to look at averaging strategy to handle the downside risks such as dollar cost averaging and value averaging,” he advised the public.

Dollar cost averaging and value averaging, he added, are investing practices that seek to counter the natural inclination toward market timing by cancelling out some of the risk involved. Dollar cost averaging involves set intervals of small investments while value averaging makes investments that match calculated predetermined amounts for the total value of investment in future periods.

http://www.klsescreener.com/v2/news/view/165389

a good read for those wanting to buy in Malaysian funds.

Really? dasecret siad direct switching won't incur charges. No credit points to play with.

some houses charge switching fee bro. stated in the faq sheets regardless if within same houses. correct me if I'm wrong. driving now so I can't double confirm my statement

From what I read, it is still not saying it's all doom and gloom for Malaysia and it's only short term volatility. Will be entering when everyone is selling since I am planning to hold it for longer term.

Your question is intra fundhouse la, EI equity fund to another EI equity fund

If you want to switch from kapchai to ponzi 2.0 without incurring additional sales charge, have to use credit ninja lor

Yup that's what I want. Eastspring to another eastspring.