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

From your signature, I think you belong to the camp who are laughing to the bank.     

So you did not do any rebalancing post Trump ?

Rebalancing does not need additional bullets.

Anyway, I was correct to say that you belong to the group who prefer to let the fund managers manage your funds once you fixed the portfolio.

Oooi! Don't simply say this and that ar? Where got great return? Last month only gain 0.XX % nia....... but still a four digit gain lar. 

Gain came from TA GTF (USD/ MYR surge)

plus

RHB AIF reversal

Xuzen

funny when this MS research does the complete opposite with what we learnt from the link posted by TH last night and it says that they downgraded us, Europe and Japan in their portfolio and focus on em and asia ex Japan region.

Damn. I can't switch from anita  to esther until my Anita recovers so I had to dig into my pool money and pump in my epf account 2 for my home loan first into esther

lol I just shifted kapchai to em and did my regular dca. I look like I'm doing big movements? opps.

Just managed to talk to my girlfriend about pulling her money out of this endowment plan she was duped into buying with ocbc.

she told the banker she wants to maximize her savings and he told her they have a great investment plan. I went through the policy and found out its a endowment/life insurance plan.

she paid 10k for it and now if she takes out there's a penalty of 2k and every year she has to pay premium of 5.8k. total return doesn't even reach 4% annually with not guaranteed returns.

she took time to listen and instructed me to take the funds and asked me to manage her portfolio.

was thinking of 50% esther bond and 50% in rhb AIF.

and I jokingly told her that people get paid to help other people manage their portfolios and below is her reply

[07/12, 12:14 PM]  cuz the thing I do for you is what wealth managers charge 1% of your total savings per year
[07/12, 12:14 PM] still help you top up summore

[07/12, 12:14 PM] Well, I let u feel me up
[07/12, 12:14 PM] That's smth
[07/12, 12:14 PM] Men hv to pay for tat
[07/12, 12:14 PM] But u get it for free

women.

what the fuck ahahhahahahah that didn't cross my mind at all!!!

Be careful friend don't be so gung-ho about it.....

If not properly covered prepared, those milk powder, diapers and vaccines expenses can really put a damper on your financial planning goals (and you can, say bye bye to that red hot sports car with 18" alloy sport rim).     

Refer to picture below     

[attachmentid=8224964]

Xuzen

China Just Blew Through A Quarter Of Its Foreign Currency Reserves

We seem to have yet again an acceleration in the outflow of Chinese capital, putting huge pressure on the yuan, the forex reserves, as well as the authorities.

These reserves decreased in November by a whopping $69.1 billion, to $3.05 trillion. This is down a whopping $1 trillion from its peak in 2014.

Up to half of the November decline could have been the result of the rise of the dollar, which reduces the value of the non-dollar forex reserves, and capital losses on fixed income instruments.

The picture is even worse if one considers net reserves (gross reserves minus foreign debt) which now stand at just $1.7 trillion.

They spend these reserves on defending the yuan, which has kept on sliding lower nevertheless. The losses are even more remarkable given China's still sizable current account surplus.

Somebody should tell the incoming US government, because President elect Trump was tweeting against China's currency policy only a few days ago. There is actually additional pressure from the rising dollar, anticipating Fed interest rate hikes and a reflationary policy package of the incoming US government.

China fixes its currency to a basket of 13 trade-weighted currencies, and the rising dollar means that the yuan gradually depreciates against the US dollar automatically when the dollar rises against these other currencies (like euro, yen, Swiss frank, a couple of Asian currencies like the Hong Kong dollar, the Thai baht, etc.).

Read more: http://seekingalpha.com/article/4029095-ch...rrency-reserves

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.

am at ocbc now and apparently my girlfriend unknowingly purchased an endowment plan / life insurance but was told it was a savers plan JV with great eastern.

she paid a lump sum of 10k last year and in order to withdraw 8k from the policy she needs to pay another 5. 8k to get the 8k out.

fml. don't know why she didn't consult me last year on this. I know it's a little derailing but remember to be educated when investing your monies

add on.

she lapse the second year.

facepalm

Hi guys. I am new here. Previously been invest about 20k in UT with the 5% sc and now get to know this great tool.

I was just curious what are the disadvantage of the FSM with lower sc as I know there are no free lunch in this world.

Is it they have limited available UT to buy or something?

Sorry if my question sound noob but how is the risk if I buy public mutual fund from PB and get charge 5% vs buy it inFSM and charge 2%?

BasicLly I'm buying the same thing right?

I see. Based on your statement I think I beeen con. I have bought for about 10years the public mutual never heard from the consultant. Only see statement got her name I dun even know who is she lol. Then got the little booklet I always throw to dust in on first day.

Like that better buy FSM la no difference. Btw the consultant will have many customer I dun think she can talk to everyone.