Please allow me to add further to your statement.

If a unit trust fund has a historical performance such as this, that is, it goes up 15% per annum but its volatility is 10%. Then we know that this fund has a good risk to reward outcome. It would be wise to participate in this fund.

Lets say another fund, has a historical performance such as this, that is, it goes up 10% per annum but its volatility is 15%. Then compared to the previous fund, this latter fund has a poorer risk to reward outcome. If this is the case, and if a investor has a choice, he would be wiser to participate in the first fund.

Xuzen

Friend, you are so noob in finance, if want to explain to you will take three months to half a year. So lazy to explain to you now. CNY wor... busy eating bagua and prawn keropok to entertain you.

Kong Hei Fat Choy!

Xuzen

Friend WMK, I did not forget leh! Read back a one or two pages back. I did write that I am still participating into the PRS product.

How can I forget a financial product that offers up to 20% ++ guarantee return every year. I would be an idiot of titanic proportion to avoid such a sure - win financial product.

Xuzen.

I started to be to aware of proper financial planning method in my mid thirties. Now after ten years I can see small results. I regret that I did not start during my early twenties, immediately when I started working and receiving my first pay - cheque.

Imagine how much better I could have achieve if I had started 15 years earlier than I did.

This brings me back to my earlier mathematical formula stating that ROI matters less than the time you invest. ROI is linearly related to wealth, whereas time invested is exponentially related.

For those who are watching IRR and ROi and whats not, do not be overly obessessed with them for in twenty years time, even a modest return but compounded over a long time will yield good result.

Case in point, I started contributing into AHAM PRS when it started way back in Aug 2012. The first NAV was MYR 0.50 per unit (initial offering). I have since DCA MYR 250.00 per month without fail into PRS by using auto-debit function. Today, the NAV is hovering around MYR 0.59 per unit and that is despite the distribution already occurred?

Xuzen

This post has been edited by xuzen: Jan 30 2017, 12:27 AM

Moar Awesomeness...

She actually looks more like Gothic Rocker Chick than a Fund manager....



This post has been edited by xuzen: Jan 31 2017, 09:57 AM

I think AM pays her poorly...

Pink STFU! FSM loves these guys.... each trade is 2%! Or MYR 25.00 or some credit points. Each trade is revenue man. FSM loves them. You want FSM to make money don't you?

I am being passive - aggresive... yeah I know. Too much heaty food laterly (Bagua + Prawn Keropok).

Xuzen

Reward now! Work tomoorow!

Xuzen

I remembered having a differing view with a guy2388 on timing versus DCA top up. I said that of course buy low is good, but the problem is how often can you consistently time it right?

contestchris, just highlighted the phenomenal that we disputed before. He got lucky once and he assume that he can repeat it consistentlly. Now he knows! Padan muka and welcome to the real world!

Hang around kid. This is your first tuition fee isn't it?

Xuzen.

Let's say your aggregate income is above MYR 100,00, then you are in the 24% tax bracket. Assuming you put in MYR 3,000 into PRS scheme. You use that MYR 3,000.00 as tax relief. Then you are effectively getting back MYR 3,000 x 24% = MYR 720.00 in tax relief. If you did not use this, you would have need to pay the MYR 720.00 to LHDN.

Understand boh? That is why I said PRS is indirectly giving you a guaranteed ROI of 20%.

Xuzen

This post has been edited by xuzen: Feb 2 2017, 11:05 PM

Lu hero lah!
For Scotland and Freeeeeeedom zero sales charge and Free switching!


Xuzen

P/s Friend Cherroy, how do you do multiquote? Tolong ajar sikit.

This post has been edited by xuzen: Feb 2 2017, 11:07 PM

That is why you make more money, all auntiues =. Less distraction. More focus on business.

Actually not bad also what... 2.5%. 0.5% more than FSM. But they got promo 1% or 0.5% boh?

Thank you, friend Ramjade.

I suppose this is an alternative way of seeing this matter. So, don't choose lousy fund lor? How? Follow the FSM thread regularly. Or the PRS thread at LYN forum.

Xuzen

Silently slips away into the darkness and knock hushly on eUT's door.

Xuzen is a "kiam siap kwee aka cheapskate"... loves 0% s/c.....

p/s: Thinks CIMB clicks is a neither here nor there. Cheap is not cheap enough compared to FSM nor eUT; list of UTF selectable is so much smaller than FSM and eUT. Tell me, how to show her some love?

In fact I have seen the list of UTF selection in eUT platform and it is even more extensive than that of FSM.



This post has been edited by xuzen: Feb 3 2017, 11:12 AM

Sir! Yes, Sir!

Asia Pac FTW!

RHB AIF + India + Selina Yong's Reits + TAGTF FTW!

Xuzen

This post has been edited by xuzen: Feb 3 2017, 07:39 PM

In the same time, Titan gained 0.94%, so your real gain is only 1.92 less 0.94 = less than one percent.

In the same time, CIMB China gained 1.32%, so your real loss is 0.81% less 1.32% = loss of half a percent.

In the same time, TA Europe registered neither loss nor gain, so your real loss is zero minus 0.36% equal 0.36% loss.

Looks like your loss > winner.

I don't see the good. Am I missing something?

Xuzen

This post has been edited by xuzen: Feb 3 2017, 08:35 PM

Who was the one who has been harping on Asia Pac Ex Japan FTW?

Xuzen

There can only be one with the crystal ball™.

And crystal ball sezs.... SELINA FTW! To put the money where my mouth is... MYR 5K top up into Selina's fund next week!

Xuzen

This post has been edited by xuzen: Feb 4 2017, 11:53 AM

Why you say I speculate ar?

I follow rules wan... I do DCA and proper asset allocation following my sifu's advise, that is, Prof Harry Markowitz.

Xuzen

This post has been edited by xuzen: Feb 4 2017, 12:11 PM