how long it takes to complete intra-switch?
I deposit via cheque and now it seem that selling proceed is handled as cheque as well...

at least with pm*, the target fund unit become available next day, not sure why fsm take fewwww days (to clear cheque from internally switch sell??)

btw, anyone follow the recommended portfolio from fsm,
mirroring the portfolio? how's the performance so far?

if Trump get the us corporate tax reduced,
such huge tax cut will certainly improve company earning, driving oversea money home.
making us stock look attractive to all.

imagine the valuation suddenly get Trump-discounted

after reading some posts across different forums,
I always have the urge to just buy single 100% equity world fund, accumulating it, forget about the up and down, till the retirement come and live on the distribution income

in that case, you need to buy her only dividend/reit funds...
brainwash her that she can spend all the distribution received, nothing to do with capital gain/loss (for example reit still collect rent and pay u no matter how market judge the stock price).

the stock/reit the fund buy, suppose will generate enough dividend to pay as distribution,
which theoretically better than these "capital gain" fund.

in developed market, the average dividend yield is about 2%, which the number is at least double in our emerging region,
that should enough to cover the "distribution yield" we received annually.

hmm.. just to clarify that I am not saying "dividend/reit" fund have better distribution than "capital gain" fund,
what I am trying to say is that the source of money used for distribution for former could largely contributed from dividend received, not selling stock for cash, thus less affected by market fluctuation up/down.
anyway it is fund manager to decide on the distribution.

just my 2cents

This post has been edited by asimov82: Dec 22 2016, 10:40 PM