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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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voyage23
post Dec 5 2017, 06:52 PM

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QUOTE(jfleong @ Dec 5 2017, 06:35 PM)
Guys I need some advice
Should I switch funds now? Withdraw ? eUT is having a 0% promo for switching over 5k
Which funds to switch to?
I think APAX/China will continue to suffer losses. Hang Seng dropped a lot today
*
Don't think any fund is spared from this loss. If you still believe in the valuation and attractiveness of Asia Pac/China, stay invested. Or if you have extra bullets, buy the dip.
T231H
post Dec 5 2017, 07:03 PM

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QUOTE(jfleong @ Dec 5 2017, 06:35 PM)
Guys I need some advice
Should I switch funds now? Withdraw ? eUT is having a 0% promo for switching over 5k
Which funds to switch to?
I think APAX/China will continue to suffer losses. Hang Seng dropped a lot today
*
hmm.gif looks like falling under one of the Common Portfolio Management Mistakes Made.....

Losing faith and lacking persistency

Most investors do not have a strategy to handle their investments during changing market conditions. 
They tend to lose faith and panic when the market goes against them.
Not knowing what to do, they soon question their investment decisions and lose persistency to see through their financial plan, eventually leading to panic selling.
Once they exited the market, it will require tremendous effort and courage for them to re-enter the market, often missing the turning point of a recovering market, hence missing out most of the gains should they have stayed invested.

more common mistakes are in this article
https://secure.fundsupermart.com/main/resea...?articleNo=4383

if the current market indexes vibrations made you sleepless or uneasy.....
try to Know Your Risks!

It is important to understand the risks of the investments you are considering to invest into. But, it is also crucial to understand your own personal risk appetite. After having done that, then allocated % in funds for your portfolio's needs to suit your likings and preference.
https://www.fundsupermart.co.in/main/resear...54?articleNo=91
Ramjade
post Dec 5 2017, 07:56 PM

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QUOTE(jfleong @ Dec 5 2017, 06:35 PM)
Guys I need some advice
Should I switch funds now? Withdraw ? eUT is having a 0% promo for switching over 5k
Which funds to switch to?
I think APAX/China will continue to suffer losses. Hang Seng dropped a lot today
*
You withdraw now = real loss.
If you cannot tahan this small drop, I suggest you to go for promo FDs, amanah saham fixed price fund, EPF.

Your choices now:
1) topup and retain some extra cash should it slide further.
2) come back and see how your fund is after 3 months.
SUSyklooi
post Dec 5 2017, 08:01 PM

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doh.gif with the current down trend......temptation starts to built up sweat.gif sweat.gif

was thinking of buying a new 55" TV drool.gif
since IDS had no SC.......was thinking of betting RM3299 into it and "hopefully" can get sponsored for a higher end one by Feb.....

bad temptation, I know I know.....just had been thinking since 3 weeks ago (since the 1st jitters)

amithabha, innocent.gif ....go away you seductress TV ads. devil.gif




Attached thumbnail(s)
Attached Image
SUSyklooi
post Dec 5 2017, 08:07 PM

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QUOTE(jfleong @ Dec 5 2017, 06:35 PM)
Guys I need some advice
Should I switch funds now? Withdraw ? eUT is having a 0% promo for switching over 5k
Which funds to switch to?
I think APAX/China will continue to suffer losses. Hang Seng dropped a lot today
*
I thought just tis morning you had just put in 7K?
the 3 below funds not enough challenge?
try research TA Global tech?....dropped this few days
or IDS/IDE...dropped a lot too.....with no sales charges.....can bet in/out without SC constraint devil.gif

QUOTE(jfleong @ Dec 5 2017, 02:43 PM)
Just put in my last 7k via eUT
Wanted to use this money to go travel .....
we'll see how it goes

2.5k Dinasti
2.5k CIMB APAC
2k ES GEM
*
i1899
post Dec 5 2017, 08:56 PM

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QUOTE(spiderman17 @ Dec 5 2017, 05:56 PM)
how about you? are you thinking about buying IDS?
i noticed you don't have a malaysia-focused fund in your portfolio.
is the market PE on the high side based on your opinion?

i have KGF. i'm still thinking if i should add IDS or not...
any thoughts?
*
I did invest IDS, but sold the last batch in October.
I was very lucky, invested IDS since April at price 0.45xx to 0.59xx and start to sell in August and sold the last batch on 17 Oct at price 0.6017. biggrin.gif , almost at the peak.

I sold IDS mainly because i don't know what I had invested to. It updated its factsheet every 3 months, but without updating their top holding. I don't know what it is holding...
By looking at annual report, IDS number of unit holders in whole Malaysia is 60 only. hmm.gif Do u sense any risk behind this number? I do.


Normally, i don't include Msia EQ in my UT portfolio because i am holding quite a lot of (to me) Msia blue chips stock (Maybank, TNB, Maxis etc), which i bought >10 years ago. Moreover, I don't have confidence to Msia market especially before election, as I still can remember clearly that how the stock sank right after the election of 308. Furthermore, currently, PMI is <50 for years, Companies earning is below historical average level.

To me, i don't agree with FSM who allocating 15% to malaysia fund. I personally think that the risk of Msia EQ is almost same with India EQ, as both of them are emerging market with high GDP growth rate, and both of them (stock and currency) are easily be manipulated by foreign fund.

Malaysia Fund is also single country fund, and malaysia stock market is too small, therefore easily be manipulated/impacted by foreign inflow. But, if without enough foreign inflow, malaysia stock market is very boring one, flat for months.

Attached Image

This post has been edited by i1899: Dec 5 2017, 09:01 PM
[Ancient]-XinG-
post Dec 5 2017, 09:02 PM

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5% to -1 % just in 3 weeks. woohooooooo.
funnyface
post Dec 5 2017, 09:27 PM

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QUOTE(i1899 @ Dec 5 2017, 08:56 PM)
I did invest IDS, but sold the last  batch in October.
I was very lucky, invested IDS since April at price 0.45xx to 0.59xx and start to sell in August and sold the last batch on 17 Oct at price 0.6017.  biggrin.gif , almost at the peak.

I sold IDS mainly because i don't know what I had invested to. It updated its factsheet every 3 months, but without updating their top holding. I don't know what it is holding...
By looking at annual report, IDS number of unit holders in whole Malaysia is 60 only.  hmm.gif  Do u sense any risk behind this number?  I do.
Normally, i don't include Msia EQ in my UT portfolio because i am holding quite a lot of (to me) Msia blue chips stock (Maybank, TNB, Maxis etc), which i bought >10 years ago. Moreover, I don't have confidence to Msia market especially before election, as I still can remember clearly that how the stock sank right after the election of 308. Furthermore, currently, PMI is <50 for years, Companies earning is below historical average level.

To me, i don't agree with FSM who allocating 15% to malaysia fund. I personally think that the risk of Msia EQ is almost same with India EQ, as both of them are emerging market with high GDP growth rate, and both of them (stock and currency) are easily be manipulated by foreign fund.

Malaysia Fund is also single country fund, and malaysia stock market is too small, therefore easily be manipulated/impacted by foreign inflow. But, if without enough foreign inflow, malaysia stock market is very boring one, flat for months.

Attached Image
*
I think whole FSM is counted a single nominee toward Interpac that's why you see low count of unit holders... hmm.gif
*they did include the fund holding, Page 35 for Dana Safi and Page 63 for Dynamic Equity


QUOTE(Ancient-XinG- @ Dec 5 2017, 09:02 PM)
5% to -1 % just in 3 weeks. woohooooooo.
*
More to come tomorrow.... brows.gif Hopefully the slight drop of MYR can cushion a bit the drop of funds... sweat.gif

This post has been edited by funnyface: Dec 6 2017, 07:42 AM
donhay
post Dec 6 2017, 09:09 AM

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Morning all,

Guess this is my time to start my FSM managed portfolio (discounted funds and fees), I have been waiting smile.gif
SUSwankongyew
post Dec 6 2017, 09:35 AM

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A bit hard to decide what to do at the moment. I think this is just a downturn so in theory it's a good idea to buy on the dip. On the other hand, I also think that the RM will improve for a while yet, so any foreign funds you buy will depreciate in local currency terms even if they recover.
puchongite
post Dec 6 2017, 09:48 AM

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The FTSE Bursa Malaysia ACE (FTFBMMES) index comes back green today, I guess IDS will do well today.

https://www.investing.com/indices/ftse-malaysia-ace



mingwei1992
post Dec 6 2017, 09:51 AM

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Red Sea again today.
Should I DCA earlier this month? 🤔🤔
I expect all funds to be red today
MUM
post Dec 6 2017, 09:56 AM

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QUOTE(mingwei1992 @ Dec 6 2017, 09:51 AM)
Red Sea again today.
Should I DCA earlier this month? 🤔🤔
I expect all funds to be red today
*
hmm.gif "should you DCA earlier this month?"
hmm.gif hmm.gif theoretically "YES"....but then what if it continue to drops.......for some few weeks/months ?

when DCA is to be practiced...just ignore the "when", but "JUST DO IT"
MUM
post Dec 6 2017, 09:56 AM

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deleted....2x posting

This post has been edited by MUM: Dec 6 2017, 09:57 AM
MUM
post Dec 6 2017, 09:58 AM

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QUOTE(wankongyew @ Dec 6 2017, 09:35 AM)
A bit hard to decide what to do at the moment. I think this is just a downturn so in theory it's a good idea to buy on the dip. On the other hand, I also think that the RM will improve for a while yet, so any foreign funds you buy will depreciate in local currency terms even if they recover.
*
will the rate of RM appreciation over rite the rate of potential of appreciation of the stock prices? hmm.gif
ROSS_Solar
post Dec 6 2017, 10:00 AM

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QUOTE(mingwei1992 @ Dec 6 2017, 09:51 AM)
Red Sea again today.
Should I DCA earlier this month? 🤔🤔
I expect all funds to be red today
*
Sea of red 3weeks in a row... In total my port lost ~2.5% since first week of November. Not end of the world...
DCA-ed yesterday.
mingwei1992
post Dec 6 2017, 10:20 AM

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QUOTE(MUM @ Dec 6 2017, 09:56 AM)
hmm.gif "should you DCA earlier this month?"
hmm.gif  hmm.gif theoretically "YES"....but then what if it continue to drops.......for some few weeks/months ?

when DCA is to be practiced...just ignore the "when", but "JUST DO IT"
*
Initially was aiming for end of mth, when I get my allowance.
Consistently over the month.
Just started fsm lately.
Last time I do shares but stuck with some now.
QUOTE(ROSS_Solar @ Dec 6 2017, 10:00 AM)
Sea of red 3weeks in a row... In total my port lost ~2.5% since first week of November. Not end of the world...
DCA-ed yesterday.
*
Well I see us all red in the morning. Expecting other market to be red as well.
My GC port bleeding.
Nothing shocking though. The red at shock market is more shocking
spiderman17
post Dec 6 2017, 11:29 AM

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QUOTE(i1899 @ Dec 5 2017, 08:56 PM)
I did invest IDS, but sold the last  batch in October.
I was very lucky, invested IDS since April at price 0.45xx to 0.59xx and start to sell in August and sold the last batch on 17 Oct at price 0.6017.  biggrin.gif , almost at the peak.

I sold IDS mainly because i don't know what I had invested to. It updated its factsheet every 3 months, but without updating their top holding. I don't know what it is holding...
By looking at annual report, IDS number of unit holders in whole Malaysia is 60 only.  hmm.gif  Do u sense any risk behind this number?  I do.
Normally, i don't include Msia EQ in my UT portfolio because i am holding quite a lot of (to me) Msia blue chips stock (Maybank, TNB, Maxis etc), which i bought >10 years ago. Moreover, I don't have confidence to Msia market especially before election, as I still can remember clearly that how the stock sank right after the election of 308. Furthermore, currently, PMI is <50 for years, Companies earning is below historical average level.

To me, i don't agree with FSM who allocating 15% to malaysia fund. I personally think that the risk of Msia EQ is almost same with India EQ, as both of them are emerging market with high GDP growth rate, and both of them (stock and currency) are easily be manipulated by foreign fund.

Malaysia Fund is also single country fund, and malaysia stock market is too small, therefore easily be manipulated/impacted by foreign inflow. But, if without enough foreign inflow, malaysia stock market is very boring one, flat for months.

Attached Image
*
notworthy.gif notworthy.gif notworthy.gif
SUSyklooi
post Dec 6 2017, 11:53 AM

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QUOTE(yklooi @ Dec 5 2017, 08:01 PM)
doh.gif with the current down trend......temptation starts to built up  sweat.gif  sweat.gif

was thinking of buying a new 55" TV  drool.gif
since IDS had no SC.......was thinking of betting RM3299 into it and "hopefully" can get sponsored for a higher end one by Feb.....

bad temptation, I know I know.....just had been thinking since 3 weeks ago (since the 1st jitters)

amithabha,  innocent.gif ....go away you seductress TV ads. devil.gif
*
cry.gif i lost to the temptation.....
just entered bet RM5000 on IDS...
SUSyklooi
post Dec 6 2017, 11:53 AM

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8,188 posts

Joined: Apr 2013


QUOTE(yklooi @ Dec 5 2017, 08:01 PM)
doh.gif with the current down trend......temptation starts to built up  sweat.gif  sweat.gif

was thinking of buying a new 55" TV  drool.gif
since IDS had no SC.......was thinking of betting RM3299 into it and "hopefully" can get sponsored for a higher end one by Feb.....

bad temptation, I know I know.....just had been thinking since 3 weeks ago (since the 1st jitters)

amithabha,  innocent.gif ....go away you seductress TV ads. devil.gif
*
cry.gif i lost to the temptation.....
just entered bet RM5000 on IDS...

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