Checked in....Sifus please give advice ya...

Actually we have 0% and 1% sometimes.

Eh the way you reply makes it hard to quote. Try breaking the post up and sticking blocks at the beginning and end of each. Or you can use the quote button.

Yes what she is doing is active management. I'm wondering if it's worth the time or even worse. Forecasting the weather is a bit of a waste of time isn't it? it rains when it rains it's hot when it's hot making decisions based on "information" is just like making decisions based on the weather forecast

I don't see anything below..

Indeed, that pretty much demonstrates it.. I was talking about service charge you think you know but you don't.. then you act based on what you think you know, with pretty disastrous consequences

We see what we want to see.. when we read, sometimes we interpret that, in the way we want, even if it's not what the writer meant. And then we make decisions based on what we misinterpret.. that seems to happen a lot with people. Which is why I'm wondering why we don't just diversify and wait, that pretty much solves the problem of making a bad decision based on misinterpreting what someone else has written.

Yea he is good, but if we don't know if we are good, are we better off just diversifying and not thinking too much, as opposed to reading and misinterpreting and blowing up stuff?

I have this bad habit of thinking I can forecast the future based on the past, or what someone says or does. I don't really know if I really know or just think I know. But I know every time I switch I lose time and money. Is that worth it in the long run?

Don't you think the TA guy is a bit anti-US lol..


He wrote this to explain a 1.1% gain...



But he wrote this to explain a 3.5% gain...



I don't know.. I probably shouldn't be doing what I'm doing now..

with the results as below,....just proves that cannot die-die buy and hold till kingdom comes.....

below = as posted below....

Ahh..arguments like these are good for us silent readers sometimes as there are different sides to look at for investing.

But at the end of the day it is the return that you are able to generate for your portfolio that matters. No point being vocal about something without being able to show real result.

I remember a certain guy who was part of a lot of arguments here previously showed his real portfolio in Asx thread and that is admirable.

my bad...I thought you are referring to performance....
but anyway....cannot die die buy and hold till kingdom comes still applies,......for from FSM data,...can see many funds with less than FD IRR rates. after 10 yrs.
and you're right on this too..."you think you know but you don't.. then you act based on what you think you know, with pretty disastrous consequences "
but at least better chances then buy ad forget.

This post has been edited by MUM: Dec 23 2016, 03:00 PM

I for one practice proper diversification and just let it ride through with regular DCA. Hehe


Anyways... another read for the afternoon.

TA Investment: Equity & Fixed Income Outlook

I don't know sis. I am not an economist. As usual, my 2 cents worth based on talking to clients, other people and my observation.

1. Property market will still be down next year. Developers are suffering. Oversupply of condominiums and office space. Nobody is buying. Young couples who wish to buy a property after paying the 10% deposit...their loan application may still be rejected later by the bank. Local developers are marketing their properties overseas now.

2. Higher priced food and beverage restaurants are suffering. Some business are down by 30% and some others have closed shop. The surviving ones are doing promotional lunch set to survive. Of course I am not talking about the really high end restaurant that caters for the rich like Chynna. The rich will still eat and dine as usual.

3. Banking. Looks bad to me. VSS started this year for Maybank, etc. Not sure whether the banks will have more VSS next year.

4. Automobile industry. Same problem. The family man will not change his car because of the economy uncertainties. For the young, no issue-lah. Die die also, gaya mesti ada. Just take a 9 years car loan lor. Can always file for bankruptcy later.

So, in summary, the MY market will be flat pending the outcome of the General Election next year. I hope I am proven wrong. I wish the Malaysian stock market and economy well.

Sekian, terima kasih.

Thanks boss, I think it makes sense

Now... is any of your name in the list?

https://www.fundsupermart.com.my/main/artic...aign%202016.pdf

On gender analysis, from the listing 6 out of 13 are female. Actually not bad also ma, maybe the big gap in male and female only exist in public forums, in terms of investing it's not as bad *Wishful thinking? *

As if no one could have just bought an iPad lol.

I didn't even know there is such a campaign in the first place.

This post has been edited by Vanguard 2015: Dec 23 2016, 07:07 PM

Topic for debate:

Buy & hold versus actively switching around.

Do you all remember the "Pony Express"? In those wild western days of ole, in the West side of America, before DHL or FedEx exist or even before Telegram exist, the fast courier service was called Pony Express.

Total length from start to stop for the whole journey is around 3,100 km. That is from Saint Joseph, Missouri to San Francisco, California. It took the riders 10 days to deliver letters from east to west America. The alternative is through the sea route, which takes a few weeks up to a month.

This is how it works. One rider would ride from one station to another 10 miles (eqv to 16 km) away. At each station the riders would pass the mail bag to another rider with a fresh horse, very much like a relay method.

Sometimes, a rider will ride up to seven to eight stations before changing to another. At each station a fresh horse is readied. Both the riders and horse do not stop, they will sprint to the next station and the next and the next.

How is this related to investment.

Let's say we are investing into Malaysia fund. Right now the country is suffering from some lethargy quite akin to an exhausted horse. You can let it rest and wait for it to recover some time later. Or you can mount a fresh horse (meaning transfer to another performing Unit Trust Fund) and continue your investment journey.

And when this horse / unit trust fund is exhausted, go to next and next.... eventually the original horse will recover then come back to it and recycle it.

This is how I view when switching from fund to fund.

Xuzen

p/s It helps to enjoy zero switching cost and having a working crystal-ballz™.





This post has been edited by xuzen: Dec 23 2016, 08:16 PM

Hi Sifus,

Since I am still new to UT investment, apologize for my noob question.

How can we make profit from long term investment in UT? Let say 7 years investment. I.e. I bought a fund Rm 2k and at the end of 7 years investment it becomes 3k, which is 50% increment from my initial investment. When I sell only I make money right, which means I've received 50%/ 7 = about 7% annually profit right?

Or, during my 7 years holding, I will receive annual divident from my funds?

Or is it better If I wait untill my fund increase more than several percentage i.e. 5% and straight away sell to gain profit before it drops? For this method, the sooner I sell back the fund the better? i.e I bought fund A at feb 2016 and it rise 5% on june 2016 which I straight away sell. Then the fund go down and back up to 5% a year later on june 2017. Which means I've made profit earlier and could have invested in other funds from the period june 16 - june 17?

Is my understanding correct?

A click of the mouse and you can move your money to another geographical region or another asset class of your desire. Why so sentimental about one particular country?

Xuzen

having a family dinner now and I thought someone would answer your question.

there's a few factors we do not sell and buy unit trust like you do with stocks for a mariad of reasons. I am short of time to type it all out to explain but here is a few key words

1)service charges upon buying.
2% upon purchase. you sell the fund and go buy another fund, you get total 4% lost. let's say you purchase a fund kept it fit a year. total profit is 8% you sell it and reinvest. so in retrospect you earned 4%,profit within that year.

2) capital appreciation
all funds will grow. some superbly others not so but all will grow.

3) long term growth.
as on top

4) profit skimming.
instead of selling all. keep the capital and sell your profits and funnel it to another investment. now you got two funds to run concurrently

I'll explain more if there's no one replying you later after dinner

This post has been edited by Avangelice: Dec 23 2016, 10:01 PM

From what have been posted, people who prefer to buy-and-stick-to-it are saying these :-

1. When you keep switching, particularly when funds are not performing, you realize the paper loss. And your capital shrinks.

2. When you switch to another horse, you still dont know it is going to be a performing horse. The new horse might be worse than the current one.

3. When you switch, often you pay switching fees. Immediate you are incurred 2% loss.

Perhaps may I invite the gurus (whose words are carrying more weight) to address these points ?

This post has been edited by puchongite: Dec 23 2016, 09:04 PM

when one is thinking about how/when to skimming profits.....read this for some bits of info
Rebalanced my portfolio for 2014
https://secure.fundsupermart.com/main/resea...SJBlog_20131227

Rebalanced My Portfolio and Positioned It for 2013!
https://secure.fundsupermart.com/main/resea...og_archive_2012

When should an investor consider taking profits? This article sheds light.
https://secure.fundsupermart.com/main/resea...?articleNo=1783



This post has been edited by T231H: Dec 23 2016, 09:53 PM

I am also new to fsm. Will need to do lots of reading. But for now , any idea which fund I can invest rm10k into?

normally funds have minimum initial purchase....
with RM 10000, you should be able to buy into any funds in FSM MY...unless it is wholesales funds or funds for HNWIs.

Picking the Right Unit Trust
https://www.fundsupermart.com.my/main/schoo...g.svdo?PageID=4

Different investments come with different levels of risks and investors need to understand and know the risks that they can stomach given the circumstances that they are in before making a decision on what to invest. We explain how Fundsupermart.com Risk Rating can help investors to identify which unit trusts suit their risk appetite.
Author : Fundsupermart
https://www.fundsupermart.com.my/main/resea...-May-2015--5825


This post has been edited by T231H: Dec 23 2016, 11:09 PM

you can follow fsm portfolio allocation.

you can follow xuzen's portfolio that has
AmAsia reit
Manulife US
Manulife India
Ponzi 2.0
Esther bond fund (Affin hwang select bond fund myr)

you can follow mine
FSM Funds

Affin Hwang Select Bond.... (20%)
RHB Asian Income Fund. ....(15%)
CIMB-P Asia Pac Dynamic ....(10%)
Eastspring Emerging Market...(10%)
CIMB-P Greater China Equity ..(10%)
Manulife US equity fund (10%)
Manulife India.........(10%)
AmAsia REITs .... (10 %)
TA Global Technology Fund...(5%)

divide your 10k into percentages like you see in my portfolio. from there you can either lump sum into each fund or adopt a DCA approach every month.

eg

10,000 x 10% = 1000 myr. (lump sum/vca)
1000 ÷5 months= 200 myr (per month/dca)

think of it like you are building your pyramid from a pile of marble