just of the crystal ball of his, i support this motion

on the side note. those who purchased Ponzi 2.0 lump sum because it's cheap and on a downward trend last week must be kicking themselves now.

now I remember why I sold that damn thing.

Erm, you sold that based on one week down trend?

no I sold that back early of this year when it was too volatile (held it for 8 months) for my taste. then because some of the guys were talking about it again a few weeks ago, I placed it under my watch list.

nah uh. it's like a roller coaster ride

That's why I always DCA, I never lump sum, can get heart attack of lumpsum at wrong timing (and also not rich enough to lumpsum )

On a side note, I think I will move my November RSP for Ponzi 1.0 and Ponzi 2.0 to the last day of the asia pac promo and treat it as my November DCA

Sorry, what site are you talking about?

You can do that? I thought it's fix that you will DCA every 15th of the month?

He could be doing a manual DCA. LOL

Since the min RSP amount for Ponzi 1.0 and 2.0 = min DCA amount, still viable for occasional promo if the date is not far from RSP date yet it doesnt cover RSP date

I can terminate both funds RSP schedule, so that 15th coming there won't be money deducted from CMF.

Then on last day promo, I topup manually for both funds (hopefully between 5 days the price won't drop too much till net off the SC discount )

After November RSP, I schedule back the RSP for both of them to let them continue RSP in the following month

This is the plan, need to try first hand this month

This post has been edited by AIYH: Nov 1 2016, 09:26 AM

Ermm pardon guys for my noob question.

Many of you seem invest in 5-6 different funds. I understand it for diversification to minimise risk right?

So is this means those who just invest in only 1-2 funds (those who invest under utc mainly) will not make full of their investment? Is diversification the only way to go in UT?

Because many of person I knew withdraw their epf to invest in UT. Ranging from 10k to 50k.

Let us know if it works.

If you only invest in 1-2 funds, you must be under the below 2 categories to make full use of the potential:

1) The funds you invest must be globally diversified or asset diversified enough to cover most market to smooth out volatility between regions and asset classes.

2) You have faith in investing in a particular region or sector after much research, and you will be able to react rationally through the market ups and downs.

Given the fund choices in Malaysia, most will fall under (2), because only holding 1-2 funds simply isnt enough to form a diversified portoflio

You can actually just terminate the RSP contract for that fund so that it wont charge when RSP date come.

Then you manually DCA as you like.

After the RSP deduction date, then you set up the RSP contract again to let it deduct moving forward to following month

you mentioned...."So is this means those who just invest in only 1-2 funds (those who invest under utc mainly) will not make full of their investment?"
just wondering what is the meaning of " make full of their investment?"
having 1-2 funds is still ok if it serves the purpose and risk appetite of that investor.....

Is diversification the only way to go in UT?
diversification is the spread/reduce the risk of investing.....
having said that it could also be good thing if it is "concentrated" . You just have to get 2 criteria right.... to manage to buy the right fund at the right time.....and "sell it" off at the right time.....
just that how many can get these 2 criteria right all the time....

"Because many of person I knew withdraw their epf to invest in UT. Ranging from 10k to 50k."
those are either noobs, or think/beliefs they can get better return than EPF or they had found ways to get better returns than EPF rate.....
either way,....if for me, I would consider my EPF as Fixed income fund ...part of my portfolio allocation strategy....

You can do one fund IF you trust the fund, the market it invest in. But if all hell break lose, where are you going to fall back on if you put all your money into one fund.

It's possible to say just buy KGF and don't buy anything. If it only give you 2% p.a for 3 years straight (if economy is bad), better put in FD.

For Muslims who insist on Syariah-compliant funds, unfortunately there aren't many options.

And then there are people who are worried that epf will go bankrupt. To them, any UTF is better than epf. They just want to withdraw as much savings as possible.

Yup can just do that. Done that a couple of times before✌

LOL LOL LOL! My fanboi!

Lu ingat lu Moderator kah?

Xuzen

This post has been edited by xuzen: Nov 1 2016, 12:51 PM

Sifu Xuzen tell us what would you do to US presidential election.

We have listened too much from Ramjade already. I want to listen to your instant noodle version.