Why did you sell ponzi 2.0 previously? Is the reason still there? If so why buy it again now?

India 24.04%.... want to consider lower that a bit? consider it as taking profit
Perhaps put in Asia ex Japan since FSM so gungho with Asia ex Jap

If you do lumpsum and don't 'trade', it's just a one off mafan-ness. For 7% to 8% per annum is quite worth it lor.
Volatility lowest amongst asian bonds

Select income is strictly speaking a balanced fund, or equity exposed bond fund. So not quite comparable. It's also reflected in its volatility

I have both islamic bond and select bond. I think they serve different purpose. So it depends, if you are high on asiapac, select bond will match that nicely; with still about 40% in Msian bond. Islamic bond is mostly Msian; did well relative to other local bond funds

Hi 5! That's what I've been doing as well

But I think compared to most of the other forumers here, I'm actually not anti agent. I'm just anti-PM

The sad fact is, UTC or to a certain extent, financial planners in Msia has been reduced to a sales man. So if they don't have expertise that we can leverage on, might as well DIY. I only pay for services where I can see value

Actually I'm thinking very hard how I got to know FSM and for the life of me I can't remember. Definitely not from here cos I only discover this thread after I started with FSM. I think must be when I try to find ways to invest in PRS for tax relief.

Anyway since then I've been a strong advocate for FSM, until beginning of this year when I realise non-finance background ppl who r not interested in investments can benefit from a good agent

OT: there used to be a UTC in this thread ma. But the fella went MIA from the forum jor. That's where I buy affin hwang select bond

I used to think like you too, because we have interest in finance and investments. We tend to forget that some people have no interest and find it a chore to figure out what investment to put in, and would rather someone else tell them what to do.

If you pay attention, every now and then there would be newbies coming in to ask what to buy or say that they started FSM by just following whatever popular fund discussed here. So there would be a market, albeit a smaller one, of people who would pay for advisory and constructing of portfolio to meet their needs.

I sent the link to the once in-house UTC and he say to send his regards wor...
I guess it's understandable that he doesn't spend much time here anymore since he's achieved what he wanted and there's obviously not much business development opportunities here


Don't be pressured into taking more risks than what you are comfortable with; the typical 80EQ:20FI for young people is just a suggested benchmark. You don't have to follow if you don't feel comfortable
And we learn a lot more about ourselves after going through down cycles, on how much risk we really can stomach.

Wow! I started on FSM SG last year but kinda got no where with mediocre IRR. What are the funds that you would recommend?

Come share kungfu here please
https://forum.lowyat.net/index.php?showtopi...rmart+singapore

There's a thread on how to open SG bank account. Previously can open through CIMB Msia if you are preferred client

I hold AIF, I've been for the past 3.5 years. It's a great stabilizer. But I haven't been adding la

REITs normal return is generally single digit. The last 12 months is simply extraordinary. I didn't think it's reasonable to expect double digit in mid-long term basis

So what's the conclusion? Forget about AIF and Amasia REITs and head back to APDI (aka Ponzi 2.0) where the returns are?

Edited to a more familiar nickname to the fund

This post has been edited by dasecret: Oct 27 2016, 10:11 AM

Question - why cimb GTF and ES global leaders fund both at the same time?

RHB ATR - still got legs to run? Usd:RM is 4.2 today. But I may be biased la, I sold 2/3 jor

If u followed your own advice and read his comments in the past versions you would know that the boss above has 6 digit worth of credits in one of his many acts. So this is definitely not a major revamp. Probably just 'trade for thrills'

Hasn't read the past few pages... seems to be going in circles again

Anyway, got this off our in-house UTC

Sharing is caring so here you go, play around and have fun!
http://iportfolio.com.my/snapshot

It's somewhat similar to FSM's portfolio simulator, but has more info on downside risk, and has almost all the funds available in Msia. Doesn't work with ASB VP funds since I think they don't publish fund price daily

Walao-eh, what did you put in la?
I thought you hold all the champion funds?

Yup, lukenn sent me the site
Glad to see that people here can benefit from it. To me the best feature is they have ALL funds in Malaysia. Morningstar doesn't have the investment linked funds

What do they get out of it? That was my first question too. Seem too nice to have a free site to offer such comprehensive data right? We speculate data mining. But who knows

Different geographical area la, Select Bond is asian bond although it's quite heavy in Malaysia. But if you compare its volatility is very impressive actually

Nola boss, RM21.983b is approved fund size, quite a meaningless number actually. Same as your authorised share cap. It's very different from fund size in VP fund context

LOL, fairness is not an important consideration for most people

But let's not encourage our fren to come kecoh again, I'm getting so tired of his comments. Tak habis-habis

My stance is simple

Make informed decision. If after you are aware of how things work for each product, then whatever you decide you can stick to it

I have a problem when people are not informed and hence I will try to show the facts for each product, be it good or bad

You are vested in the FP funds right? You should read their accounts

The financial statements doesn't come with balance sheet, so the 'reserves' we don't know how much is it, whether still got or already depleted. Whereas for companies, you can see and then factor it into the share price

I used to call it black box, but people don't like it so I don't use the term anymore

This post has been edited by dasecret: Nov 2 2016, 05:31 PM

Please share when you managed to do so, I want to learn that kungfu

Things to consider -
- P&L and cashflow statement only show realised gain/loss
- No point looking at OCI unlike Tabung Haji as they do not mark-to-market their investments, everything kept at cost unless they do impairment (in the case last year on FGV)
- For ASB and ASW, they don't even disclosed all holdings; and they also do not show % of market value, only book value. So want to see which holding is losing money also cannot

Why their disclosure different is not something I can answer you. I just dissect information available to me as general public. They are special, don't follow accounting standards as allowed by SC

It's actually fascinating to read and try to figure out the missing pieces in the puzzle. But I'm stuck, because there's simply not enough puzzle pieces to even see an overall picture

Boss, where do you buy AH Select Bond from?

Wah boss, you are a pilot?

Don't complain ok, mine is at 94%
But we had this conversation amongst colleagues, the truth is not all accountants and auditors can be replaced by machines, you still need people to determine what scope/processes that the machines need to do and I have the skills to do that. It takes human to catch a fraudster... machine cannot do it without the human input