You have a good point. I will consider it but must build up the 'bullets' first for lump sum investment. I won't touch the current portfolio.

This post has been edited by Vanguard 2015: Oct 24 2016, 02:06 PM

I noticed some of the forumers here are making the same mistake that I made. At the beginning of this year everyone was cursing Ponzi 2 - not performing-lah, lau sai-lah, etc. Some of us switched out or trimmed down on Ponzi 2. I switched out 50% of my investment in Ponzi 2 and then increased it again a few months ago.

Now suddenly Ponzi 2 is the darling again. Everyone is gung ho about it.

In the long run, we will pay the PRICE for doing this. If you are in your 20's and early 30's, I think it is still OK. I assume the investment amount will not be huge and you will have time to rectify your mistake later on (with another investment horizon of 20 years).

But for mature investors in their 40's and 50's, they could be entering into danger zone if they keep switching in and out to look for the latest "hot" fund. This is because they don't have the luxury of time.

Ok, you can now start cursing me for being a party pooper.

Walao, everyone is making a move today. Then I also have to share my "trading" info from this morning.

1. Switched the excess profits from Ponzi 2 into CIMB Global Titans (top up).
2. Switched from TA Dana Afif into TA Global Technology and TA European Equity Funds (buying back these 2 new unit trusts as part of my portfolio)
3. Bought Eastspring Bond Fund (to switch later into Eastspring Global Leaders Fund).
4. Topped up RHB Small Cap Opportunity Unit Trust and RHB Asian Income Fund.
5. Bought RHB Asian Total Return Fund (buying back this new fund as part of my portfolio).

That's it folks. My 'minor' transactions for today.

Eh, no overhaul. My existing portfolio is still the same. It is just that I added a few more funds into the portfolio for "diversification" purpose because my exposure to developed markets and international bond is not enough.

I am too heavy now in Malaysia equity and bond funds and Asia Pacific equity funds.

Buy the whole farm! Buy the cow, the goat, the chicken, the horse, etc. That's what I said last year in FSM.

My rationale is this. If I am going to put a substantial amount of let's say 10% into global funds, I might as well split it 5% each into GTF and ES Global Leaders. They are supposed to be positively correlated but their YTD for this year have departed. I don't think this amounts to diworsification. I believe Master Yoda Xuzen has the same view.

As for RHB ATR, I am just buying a bit slowly. Not sure how it will perform in the long run.

BTW, for all the new funds that I am buying, I am doing DCA maybe for the next 12 months. No stomach for lump sum investment for now.

This post has been edited by Vanguard 2015: Oct 31 2016, 06:03 PM

My reinforcements have arrived. Eastspring Bond Fund.

I switched out a small portion into 2 new funds, Eastspring Investments Global Emerging Markets Fund and Eastspring Investments Global Leaders MY Fund.

Buy! Buy! Buy! Ala Pokémon.

Good morning folks.

At least the fund manager for Ponzi 2 is decent. The investors who sold the units don't have the refund the extra money. I think I could be one of them.

Compare this to the RHB funds when the same thing happened last time. I actually got a call from the CIS of FSM to inform me that they are going to deduct the extra money paid to me because the RHB fund manager miscalculated the NAV. This was like a few weeks after the transaction.

This post has been edited by Vanguard 2015: Nov 4 2016, 07:36 AM

Easy only. FSM will use the same method that they use to deduct the quarterly platform fee if you buy selected bond funds (like Libra Asnita Bond Fund).

First, they will automatically deduct the money from your CMF. If no money in CMF, I think they will deduct from your best performing bond fund. If no bond fund, then they will deduct from your best performing equity fund.

Are all the funds dropping pending the US election results or is a global meltdown coming?

Excellent! Either way, it is good time to buy if you are a long term investor.

Ladies and gentlemen, this is the best time to buy. Remember the hamburger story by Warren Buffet.

Are you an investor or a trader/speculator?

Does all this 'noise' matters 5 years or even 2 years from now?

I think the phrase "don't catch a falling knife" is much misunderstood. I agree that it applies for individual stocks. But it may not apply to a unit trust which consists of about 30 to 40 different stocks from a wide range of countries and sectors.

Can the value of shares fall until it become worthless? The answer is yes.

Can the share market fall until it become totally worthless? Unlikely. On very rare occasion, maybe going back 100 years or more, you may have a stock market crashing and never reopen again. Is it likely to happen now? I don't think so.

In short, we are just looking at the normal cycle of the share markets which rise and fall.

We keep it simple. Look at FSM's recommended funds. Which funds will fall 10% or more within the next 1 to 2 months? To be on the safe side, even if we are long term investors, aim for broad based funds and not country specific or sector funds (the exception being global funds which are heavily concentrated in US market).

My 2 cents worth lah.

Many moons ago, I gave an example in this forum.

I offer to sell to you an Iphone 7s handphone today for RM5000. Will you buy it? You say no. Too expensive. 2 months down the line, I sell the same Iphone 7s handphone to you at a discounted price of RM2000. You ask "So cheap, what is the catch?". I say "No catch. Mr. Market is just feeling generous today". Will you buy it? Yes, of course.

So why can't we apply the same mentality to stocks or unit trusts? When the market is selling at a "discount", everyone is running away. But it is the same product. Nothing has changed except our perception.

I support your view. Others sell, we buy. To draw an analogy, as one finance author said, "If everyone starts to invest in index funds, what will happen to the market? It will be too 'efficient'. Nobody will be selling and buying at different prices anymore".

Thanks for sharing about the 0% balance transfer. But I learned my lesson from the last few rounds of 'tsunamis' hitting the markets. Now I have spare ammo, either money in the OD account or my bond funds in excess capacity. Last time I invested 100% in equity funds, not much spare ammo.

Those will titanium balls can load up on gold unit trusts now. Unfortunately I am not one of them.

Now the market is hitting us with a double whammy, i.e. the equity funds and bonds funds are falling in tandem. My portfolio is turning into a sea of red.

Perfect timing. Automatic RSP for my subsidiary portfolios today. I did manual top up for Eastspring Global Leaders, Eastspring Global Emerging Market, TA European Equity and TA Global Technology. No direct fees payable courtesy of the credit point system. But 'indirect' fees paid since my Eastspring Bond Fund and TA Dana Afif are currently in red.

The best thing for most investors to do now is NOTHING. Go fishing. Switch off the news. Come back in one month's time.

But for those with heavy exposure to bond funds (especially Malaysian bonds like Asnita which is bleeding like a fish).......ah....what should we do now? I am one of them. Does the advice "go fishing" still applies? Mind you, these are bond funds and not equity funds.

Hari Ini Dalam Sejarah.

This is the first time that I see most of my equity funds in green and most of my bond funds in red.

I am planning to increase my investment in Eastspring Emerging Market Fund, Eastspring Global Leaders, TA Global Technology Fund and TA European Equity Fund next week. Waiting for the ninja trick credit point system to kick in.

IF I knew Trump would win the US election, I would not have re-entered the 4 funds 1-2 months ago with small investments. Well, life is full of "Ifs" and "But". All these funds in my portfolio have gone up between 2.6% to 5.76% within 1 month plus.

This post has been edited by Vanguard 2015: Nov 24 2016, 07:19 PM

Judging from the threads here, the active trading camp headed by Xuzen win hands down. The passive trading (buy and hold) camp headed by Pink Spider has very few supporters.

We are not really investing in unit trusts now, are we?

I just intra switch from my TA Dana Afif and Eastspring bond funds into TA European Equity Fund, TA Global Technology Fund, Eastspring Emerging Markets Fund and Eastspring Global Leaders.

Lump sum investment. Either I will make some money or go out in a blaze of glory. Muahahahaha.

No-lah. My money and my risk what. I go in with my eyes wide open. If I lose money, then I will cry and post here again and say unit trusts cheat money lor.

Thank you. I need the luck. I don't think I am in the trading camp..yet. I consider myself to have a gambling portfolio in the 3rd Pocket.

No master here. Cari makan only. You are the man!!!

This post has been edited by Vanguard 2015: Dec 1 2016, 07:06 PM

Affin's new funds look good. But I am out of bullets. I have to wait until early next year or until my Libra Asnita Bond fund recovers to its previous profit level.