Aiyo got discount, suddenly my tangan gatal wanna lump sum but too sked of rate hike though. Maybe will use some of my bullets.

Ironic that right now my work has something to do with market timing.

WTB > Shariah compliant India fund

FSM staff cum LYN lurker pls take note

Thanks

To reply to your response, yes and yes. I wasn't being serious.

Yes, I did exactly that. Multiple times before. Dont worry, I wasn't being serious when I posted that.


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Well fxxk me, maybe its my fault for failing to highlight the not-being-serious tone in my previous post. Oh well.

This post has been edited by _azam13: Oct 27 2016, 11:43 PM

1. Yes, I was looking. Im gonna keep looking

2. You're correct, hence I'm a little bit frustrated that we dont have much choice in terms of diversification. But now we have Shariah APAC, China, Developed Market and Precious Metal so I think thats a good start. Another category I would appreciate is Shariah High Yield (Bonds).

3. Nah its not at all a sensitive topic to me. And yes I make sure all my funds are shariah compliant. I also pay zakat (islamic version of tax) annually on my FSM profit and holdings. If the profit exceeds a certain amount I have to pay 2.5% of the profit.

4. Yes thanks EPF

No worries. I understand.

This post has been edited by _azam13: Oct 28 2016, 12:04 AM

Hi, it means if the company has issued 1,000,000 shares to date and EPF holds 50% of the issued shares, it means EPF has 500,000 shares and owns 50% of the company. Hope that is clear enough.

To add some colors to this: EPF might not hold these shares directly, but through external fund managers instead. EPF would have some of their money "outsourced" to external fund managers (think Aberdeen Asset, CIMB Principal Asset, Kenanga, RHB, Eastspring etc) for them to invest on behalf of EPF. For example, when those external fund managers buy Maybank stock in their portfolio managed for EPF, its also counted as EPF's shareholding.

This post has been edited by _azam13: Oct 28 2016, 11:50 PM

I have to put this out here...

Actually I disagree with not investing in Malaysia just because EPF has already invested in it..

Actually EPF as savvy investors, have already done diversification on their part themselves. They invest in truckloads of different asset classes locally AND overseas to get their diversification right. They have a dedicated team just to model the asset allocation strategy.

So, to my mind, when you invest your own money, you can treat your EPF investment as "non-existent", that is you still can invest in Malaysia if you think that would give your UT portfolio optimal risk-return characteristics without paying any mind to what EPF is doing.

My 2 cents.

Disclaimer: I'm not EPF employee.

This post has been edited by _azam13: Oct 29 2016, 12:15 AM

Sure, total assets, but since that part of the asset is already diversified enough for me, so I dont worry about it. I should worry about the part I'm managing myself. Im not sure if this makes sense to anyone, but hopefully it does? Haha.

But it also makes sense if your other pockets are heavy in MYR assets. Then for sure I would encourage more overseas UTF

"sailang all Malaysia's the best/boleh coz EPF is 100% trustworthy forever and ever & having everything tied to MY boleh?"

I actually dont understand the above.

haywire

really difficult for me to resist from chuckling when "penny stock" and "pubic mutual" are mentioned in the same post...

Will topup on the day of election next week. If go down some more after POTUS is decided, will topup again. yay

thats why dont put all bullets in yet.. im also saving some bullets for rate hike later

if no hike in december then even better, i dont have to spend bullets to average down my cost/buy on weakness... (ofc thats based on d assumption that when US hikes rate, Asia markets will go down)

For bond funds, you have to form some sort of opinion on how the interest rates will move over the horizon of your investment. If you think the economy is not going to be good next year and Malaysia will have some easing (and even easing does not necessarily mean interest rate cut. It could be SRR cut or other forms of monetary policy tools which won't cause bonds to rally), then it should perform.

my prediction points to hillary.. but hoping that im wrong so i can topup when market have a selloff. lol

it seems like people learned from brexit.. they failed to join in at the bottom then missed out when market rallied shortly afterwards.. this time around they have been prepared.. if trump wins, stock market selloff then laju2 go in... they have been waiting for that opportunity. ample liquidity in the market.

already bought some funds in USD back then so i guess im partially hedged.. XD

rhb islamic bond dropped so much today.. sad

i can only find anita for yesterday. dropped 0.08%. still a lot. but for today rhb islamic bond dropped 0.26%.

sos: bloomberg (ticker: aveasnb and rhbibnd)

There's a trick I learnt from Adam Khoo, I think it can be applied to both equity and bond. If you don't know whether its going up or down, don't go in yet. Wait until the price reverse then go in. Because if you go in now, it might go down some more. The reverse might be a false signal and it will go down some more after that but at least if its a true reversal then you benefit. This is more effective for bonds rather than equities because bonds like RHB Islamic and Anita are one-way movement most of the time, so if it starts to move up, most likely that it will continue moving up (meaning chances for it to be a true reversal is high).

my libra is negative lol. just recently placed for parking. first time seeing my bond fund go negative. my personal mantra
"sooner or later they will realise EM still attractive and come back, sooner or later they will realise EM still attractive and come back.."

repeat 100x and move on XD

although kinda easy for me to say coz my USD fund straight away go from negative to positive overnight..literally. lol

despite that, i need more exposure in developed market. currently have none