https://www.fool.com/amp/investing/2021/01/...signal-is-back/

When looking back, there have only been five times in history where the S&P 500 has maintained a move above a P/E of 30:

1929: After the Black Tuesday crash, the iconic Dow Jones Industrial Average (DJINDICES:^DJI) went on to lose approximately 89% of its value.
1997-2000: Before the dot-com bubble burst, the Shiller P/E ratio for the S&P 500 hit an all-time high of 44.2. Nearly half the value of the S&P 500 was wiped away after the dot-com bubble burst, with the Nasdaq Composite (NASDAQINDEX:^IXIC) hit even harder.
Q3 2018: Throughout much of the third quarter of 2018, the Shiller P/E ratio sat above 30. This was followed by a fourth quarter swoon that saw the S&P 500 lose as much as 19.8%.
Q4 2019/Q1 2020: Prior to the coronavirus crash in the first quarter of 2020, the Shiller P/E ratio had, again, crossed above 30. The S&P 500 lost 34% in 33 calendar days during the COVID-19 chaos of February and March.
Q3 2020-Current: To be determined

Yes it has minor changes along the way ,removal of company due to not meeting market cap criteria or another company.exceeded the market cap . The one worth mentioning is Tesla which happens in Q4 which thankfully only constitute less than 2% of the index. As long as addition or removal of a company only constitue a small amount relatively (percentage wise). I dont see how it can have a great influence

Same thing cannot be said about KLCI prior to 2008 crash as it was with 100 component but now only 30 and of course a few changes along the way in that 30 component except for the heavyweight financial, utilities and communication.

In all the timeframe given with P/E greater than 30, none of them coincide with the period of low interest environment. It is all there.

I have no comment on the tech part as we all know the dotcom buble. Going up based on future expecation and what if they dont deliver or turn a profit. Of course this does not apply to all tech company but i am basically referencing the one that went up multiple times some not even profitable yet.

Hi guys,
My allocation based in MALAYSIA is nearly 75%.
If there's a complete lockdown like how was implemented back in March 2020, hope there's a major pullback/downfall in unit trust prices.
Thinking of withdrawing all MALAYSIA based UT this week and buy back after MCO implemented OR hold and top up once there's a major drawback in prices.
I didn't make use of last MCO as I worried my funds are all about crash to worse, but in weeks prices of almost all UT rebound to normal level.

HOLDINGS.
1) Affin Hwang World Series - Global Disruptive Innovation Fund
    MYR Hedged = 12.5%
2)United malaysia fund=19.25%
3)amdynamic bond=16.635%
4)amanahraya syariah trust fund=14.45%
5)am china a shares myr-hedged=12.5%
6)principal islamic lifetime enhanced sukuk fund=16.41%
7)interpac dana safi =7.5%

What's your thoughts guys?
Thank you.

Good morning everyone! The comments here have been very useful and I've been thinking carefully about what to buy for this 1 week "shopping spree" with 0% sales charge.
Here's what I have in my cart:

Principal ASEAN Dynamic Fund
https://www.fsmone.com.my/admin/buy/factshe...etMYCIMB017.pdf
Reason: I do not have much exposure to ASEAN currently. This is more diversified that the NIKKO Am Singapore Dividend Fund I had my eye on earlier (I got good feedback from this forum that there could be low growth potential for Singapore alone given the market size and also past historical NAV).

Principal China-India-Indonesia Opportunities Fund
https://www.fsmone.com.my/admin/buy/factshe...etMYCIMB016.pdf
I feel that China still has good potential but I'm balancing it with other markets. I already have about 10% exposure to Greater China currently and 23% to Asia ex Japan
FSM Managed Portfolio split equally into
Aggressive
Moderately Aggressive

Any feedback/input before I check out by Friday? I still have some time to think through. Much appreciated.

P/S: sharing a commentary on Asian markets that just opened today: https://www.rttnews.com/list/asian-commentary.aspx

Currently, I already have 23% in Asia ex Japan as mentioned above =)

Exact portfolio breakdown:

Global: 31%
Asia ex Japan: 23%
Asia: 15%
Malaysia: 14% (mostly bonds as I have low confidence in KLCI)
China: 10%
Japan 2%
US: 3%
Others 2%

I know that US looks too low but I am of the opinion that Dow Jones is overheated and will pass for now (take a wait and see approach).
https://www.marketwatch.com/story/stock-mar...oom-11611411473

Thanks for your feedback.

Interesting approach..... let me try and see....

Thanks once again for the valuable feedback.

Seems like a good time to buy certain funds sooner or later 😁 If you know what i mean

Alright , the NAV pricing is moving by seconds right like a stock market pricing , or its a fixated price across the day ?

so in short lets say tomorrow friday im buying AmChina A Shares fund , that fund have only one pricing across the full day before 3pm and not moving ?
will only have 1 priced NAV value for any particular day.

btw any fees that i need to be aware of if i choose to cash out on the fund lets say after 1-3 years , thanks and sorry for the beginner question .
some funds has redemption fees on whenever one exit, some funds has redemption fees for investment of less than X period....read the prospectus or fund factsheet for details..(that some = very very few)

https://www.fsmone.com.my/funds/tools/facts...rc=fund-details

Anyone have idea why this fund claiming 1.8% annual management fees yet the annual expense ratio is only 0.21% ? this means the fund charges all the fees at only 0.21% annually instead of 1.8+% ?

Actually i read a few factsheet from FSMone and all of them expense ratio is management fees+other fees lets say normally management fees 1.5% then expense ratio normally something like 1.58% , just this fund lower makes ma wonder do they charge lower management fees , since claimed 1.8% is maximum and not fixed .

I am actually abit confuse by now , ill just take it as having 1.8% management fees then , is it high ? also factsheet stated 0% sales charge but when trying to do FPS showing 1.5% sales charge .... confused and didnt proceed .

Lets say if the market having further correction / crashes during next wednesday , it will only reflect on next thursday here hence we kinda can predict how the market go ??

hmm understand but as a general of thumb lets say last night US market crashes right , then today US market crashes again , so i can hold off my purchase during friday and postpone to next monday right (if not Public holiday of course) . since no point buying here before our time Friday 3pm cut off time when US market just crashes again during our time thursday night .

A noob question. If I switch my fixed income fund to equity fund, am I eligible for 0% SC promo?

Just topped my my holdings when 0% SC .
1) RHB SHARIAH CHINA FOCUS FUND = 2 x initial inv.
2) AM CHINA A SHARES MYR HEDGED=1.5x initial inv.
3)AFFIN HWANG GLOBAL DISRUPTIVE = 3x initial inv.

*initial inv =initial investment

Bought new fund.
1) PRINCIPAL GREATER CHINA EQUITY FUND.

I could save few hundred bucks by this 0% SC PROMO.
But current market situation in US & CHINA make me worry.
due to my wrong timing investing in it?
Did I make a good move or I should have wait a little longer before putting in some $?
Share your thoughts guys.
Suggestions most welcome.

If one has to choose between this two fund anyone have some insight which they will go for ?

Principal Greater - EPF approved so no SC or max cap 0.5% , more stable 5years return , lower continuous investment amount .

AmChina - Higher 1.5% sales charge , higher 10year annual return but higher volatile especially 2016 and 2018 (all the good return data contributed to very high 2019,2020 gain) . Bonus : rare to see Malaysia unit trust fund with Sharpe ratio of 1.15 (over 1.0) , most other famous and performing fund are all under 1.0 (Greater is better).

https://www.fsmone.com.my/funds/tools/facts...c=global-search

https://www.fsmone.com.my/funds/tools/facts...c=global-search