1) competition. be better than your peers.

2) Chalk it up as CSR initiative that ties with the Goverment's way to get people to save for their retirement.

The distribution is in units, however the value gone low beyond my investment...so it is actually loss instead of income.

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

Timing, you got on to it at wrong timing. You have two choices, hold longer patiently wait until the wheel of fortunate rotates to another side, or switch to something else.

Oh boy, did I say anything useful ? Sounds like something pretty obvious. LOL.

This post has been edited by puchongite: Dec 21 2016, 01:37 PM

Dear Sifus,

Very basic question:

When do you all sell? When profit reaches....???

when you reach your targetted profit level, when shit hits the fan, when you want to transfer to something else.

some of us skim the profits when the returns hit a certain ceiling that they have set like 15% to 18% while keeping the capital and use the proceeds to invest somewhere else.

some of us believe in capital appreciation and that what goes up will come down many circles within the the span of three to five years so nothing phases them.

both don't go in just to buy a weekend meal. very level headed investors of many groups I am in.

How to set a profit target?

Is it not wise to keep the profit just to see it to go down (your second assumption)? Let's say I have profited RM100; should or should not I take the money out?

usually ads to lure ppl into unit trust is 10% per annum from principal earned. so have your UT reached 10? maybe you feel it's the best time to take it now. rule of thumb is always higher than EPF and FD returns.

up to your prerogative.

different people have different way of doing things. some may think by doing so they can lock down the profits and place them to a stable fixed income fund. others have more risk appetite that they feel they can stomach the lost of the profits to get better returns. both have their merits.

example.

my Manulife India gave me a healthy returns of 15% back in October/November. I didn't cash out. post trump my returns have reduced to 5%.

1) I could have cashed out my profits and invested in US

or

2) I kept my profits in belief India will do well next year.

both in the hopes that I get a healthy returns.

"are not all investments built on hopes?"
-Avangelice

This post has been edited by Avangelice: Dec 21 2016, 02:31 PM

the last part.... very star wars-ish.

All investments are based on trust. There is little to no question that markets go up over time. The only question is how much you can trust the people who hold your money

i wonder those who invested in Venezuela, South Africa (before the black uprising happened) and Greece must have felt when the markets NEVER recovered. so yeah. hope and luck.

They have not recovered yet. Give it time.. Greece is slowly recovering. All the countries you mention had crashes in the very near term. I don't have any long-term data for SA. Watch Japan and Greece, Greece especially, and Iceland.

This post has been edited by wodenus: Dec 21 2016, 03:53 PM

greatest fear I have is that malaysia goes into another recession. I went through 1998 one. my father declared himself bankrupt and we ran to Brunei. four of us slept in a room that's no bigger than a pickup with bunk beds. I am not going to go through another recession again.

Goodness. I was pretty young then, our business was not really affected. We had strong clients and a good business model. Plus we were also cheap I remember someone posted flyers, he wanted our old newspapers to sell. Unfortunately we don't buy newspapers so...

from a very old article, but i think the fundamental of it is still the same....
When To Take Profits? November 11, 2005
When should an investor consider taking profits? This article sheds light.
Author : Mah Ching Cheng

https://secure.fundsupermart.com/main/resea...?articleNo=1783

lesson learnt. my dad became the guarantor for the company instead of his partners. when shit hit the fan everyone high tailed and he was left with the dying company. hence why I'm a little jittery when problems hit close to home and I take it very personal when our leaders or people around me keep saying not to worry. the economy is doing fine. Malaysia is a great place. it will recover.

I don't wanna go through another recession man. it's not fun.

we will go through recessions whether you want to or not. only difference is how bad it is compared to the other but I can understand your fear. if possible, we don't ever want the market to overheat.