Thanks for the info. Does it make a difference if I invest now or invest after new year's?

Thanks for the info. Does it make a difference if I invest now or invest after new year's?

have you contribute to the PRS fund yet?

No I have not. And there are too many to choose from .

Evaluate yr tax relief benefits....if very worth it....starts with that next week.....2016 ending soon. Head on to prs thread to read my last posting there...

i thought we will be given 1k myr for starting our prs since budget 2017 was announced. How come fsm still give 500 myr

applicable effective yr 2017

hmmmm so it's better to sign up next year rather than this year to enjoy the extra 500 myr right for the first timers

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 ?

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

Or you can follow FSMs portfolios.

read the first sentence of my post fyi wodenus

#1 is dangerous because it's money that makes money, more money makes more money. If say you are in a fund that has lost 50% and you switch, you have to make double what the old fund will make in the future just be say you are in a better position. For instance if you are in fund A and it is down 50℅. Then you switch and say at the end of the year your new fund has made 8℅ and your old fund 6℅. You think you made the right decision but you didn't, because 6℅ of 100℅ is more than 8℅ of 50℅.

It just looks as if you did. So you are eroding capital, but all the time you think you are doing better.

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.

more .....
Will 2017 be a good year for businesses?
http://www.thestar.com.my/business/busines...for-businesses/

"With so much uncertainty, peering into the crystal ball will be a useless exercise. But I can certainly predict a tough survival journey for the man in the street as high inflation kicks in. Young entrepreneurs who have not experienced the currency crisis back in 97/98 will certainly get a rude awakening when the ringgit hits 5. You are advised to standby a first aid survival kit, run for cover and keep yourself lean and fit for a journey that will be rocky and strewn with danger at all junctions and corners."

more .....
Will 2017 be a good year for businesses?
http://www.thestar.com.my/business/busines...for-businesses/

"With so much uncertainty, peering into the crystal ball will be a useless exercise. But I can certainly predict a tough survival journey for the man in the street as high inflation kicks in. Young entrepreneurs who have not experienced the currency crisis back in 97/98 will certainly get a rude awakening when the ringgit hits 5. You are advised to standby a first aid survival kit, run for cover and keep yourself lean and fit for a journey that will be rocky and strewn with danger at all junctions and corners."

The author is not optimistic even in anticipation of the upcoming general election.

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

nice       

wonder anyone here use aladdin fund as core (>50%) and then choose few regional/country/sector fund as supplement (tilt towards individual likeness)?

p.s aladdin is all world developed market fund, so if combine with EI global EM fund, you will get all world total stock market coverage    (am actually waiting for both halal and non-halal version of all world total stock market fund).

more .....
Will 2017 be a good year for businesses?
http://www.thestar.com.my/business/busines...for-businesses/

"With so much uncertainty, peering into the crystal ball will be a useless exercise. But I can certainly predict a tough survival journey for the man in the street as high inflation kicks in. Young entrepreneurs who have not experienced the currency crisis back in 97/98 will certainly get a rude awakening when the ringgit hits 5. You are advised to standby a first aid survival kit, run for cover and keep yourself lean and fit for a journey that will be rocky and strewn with danger at all junctions and corners."

This is a your biased comment. Yes, I have switched out non-performing funds before, eg is KGF, but when I switch it out, it was still positive due to historical gain.

Recently I also have switched out some RHB AIF to to up to some US funds. 0% SC.

So switching act itself should not be based on it be negative or positive now ( current or past performance ).

Switching out should be based on one's analysis or anticipation of the future.

Correction.

P/s Tambah nilai lagi for Selina's      (AM Asia - Pacific include Japan REITs Fund) and Manulife US Equity Growth Fund.

I mean I'm just starting out. But I don't seem to fit to any of the three. I definitely do not want to be totally passive. As I mentioned earlier, at the very least I want to make changes during a recession (switch out or sell when things are about to get worse, switch back or buy when things are starting to get better). Sure you can be totally passive cause after a recession the market will usually quickly recover to its per-recession high, but by taking some corrective measures I believe you could make a handy profit.

At the same time I do not plan to actively manage. A lot of what I am buying is just overall sectors equities. Unless, in the future if I decide to get some Brazillian equities for example, then yeah I will need to keep pace with the Brazillian market news and switch out when required cause Brazil can be volatile. Over time I guess once I get to know the market trends better I will do some switching in and out for the funds I have, but still I won't call it "actively managed".