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

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

Correction.

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


This post has been edited by xuzen: Dec 24 2016, 11:15 AM

Don't sai lang all....

Leave some bullets for bargain hunting. You will just never know!

Don't make wild allegation, show us which unit trust fund that loss 33 to 50% value during recession....

Xuzen

OK OK...

But this UTF, you hardly hear us hear at LYF - FSM thread mention wan.... that is why I don't recall in my memory got UTF drop so drastically.

But then to be fair, this did not suffer such a drop in the next ten years. It only happen once in 2008 to 2009. This is during the infamous Asian Financial crisis. It was a black swan event.

Xuzen

This post has been edited by xuzen: Dec 25 2016, 10:43 PM

.... deleted ....

This post has been edited by xuzen: Dec 26 2016, 10:34 PM

Xuzen very good, xuzen stay put with RHB AIF through thick anc thin. Now give Xuzen a lollypop.

Season's greetings fellow UTF participants,

It has been a year, in 2016, some participants made money from unit trust fund participation, some lost money. Whatever it may be, let it be, so be it....

I urge all fortunate brothers and sisters to take some time to consider using a little bit of your wealth to perform meritorious deeds of charity. Do not forget those less fortunate and those worthy of receiving alms and gifts and donation.

To put some icing on the cake, Lembaga Hasil Dalam Negeri (LHDN) allows deductiom under subsection 44 paragraph 6 up to seven percent of your aggregate personal income for the year under assessment.

May your deeds turns to fruit and profit to you in future times.

Xuzen.

Friend,

Giving donation is universal. It is not exclusive to person who follow the Buddhist faith. Christians, Moslem, Sikh etc also encourage their followers to give / donate.

Even atheist are also philanthropic.

Xuzen

Why not? Will be served by 72 virgins.....

This post has been edited by xuzen: Dec 29 2016, 10:25 AM

Friend,

We had similar conversation on this topic at almost the same time last year. For me, last year I made donation to Tzu Chi. This year it was to an orphanage. What about you?

Xuzen

Some of us have the privilage of a crystal-ball™.

This post has been edited by xuzen: Dec 30 2016, 05:06 PM

Pilihan muktamad aku ialah (b).

Ini orang hor... simply simply tok kok wan....

TA Global Technology Fund mana ada bagi distribution or dividend wan?

Whatever gain is purely, 100% capital appreciation. My kind of unit trust fund

Xuzen

This post has been edited by xuzen: Dec 31 2016, 10:58 PM

Calling _azam, he works for a Unit Trust Management Company (UTMC) as a junior fund manager / analyst / trainee (or perhaps maybe as a toilet cleaner).

Friend, is it normal for unit trust fund NAV to mark to market? I mean, even if the underlying asset is not sold, but the fund manager will still use the day last done price to calculate NAV right? Not using the cost of purchase right?

I remember the unit trust industry uses the Mark to Market concept, that is, in other word, the will take into account paper loss when preparing the daily NAV.

Xuzen

This post has been edited by xuzen: Dec 31 2016, 11:07 PM

Unit split and distribution mana ada sama?

I am talking in IOS, you jawab to me in Android pulak!

Xuzen

Just follow this FSM thread and you can get periodic update on Xuzen's portfolio.....

And by the way:

Specially for those a little thick in the skull:

Dividend from stocks are specifically from profits. Anything else are called capital repayment.

Dsitribution don't give a Jack Sh1t, it can come from profit / surplus or from pool of capital. Hence it is called distribution and not dividend.

Can some bean counter verify this? Hint hint to auntie dasecret.

This post has been edited by xuzen: Jan 2 2017, 02:32 PM

They have nothing to shout about, so shout about distribution lor!


Why you ask stock market related question at Unit Trust Fund thread ar?