Based on today's pricing which will be known, 2 days later.

Well the reason is both equities and bond took a hit as those chicken head "investors" see us treasury yield cross the 3% mark. So those investors got scared and sell.

If something risk free is at 3%p.a naturally you demand that your stocks and bind be able to give out >3% whether in dividend yield or bond payout. Hence for the yield to be >3%, the price of stocks and bond have to drop to drive the yield up.

This post has been edited by Ramjade: Apr 30 2018, 03:30 PM

Better and cheaper options exist in SG. You can select from POEMS or FSM SG. Both same charges 0.5% p.a vs what's being charged by FSM MY.

For me, the answer is simple. Why choose more expensive subpar products when you have access to better and cheaper products?.

FSM SG service charge is only 0.5% for their MAPS compare to FSM MY of 0.75%-1.25%p.a)

Of course if you are DIY, FSM SG is a very bad platform as it charge you 0.4%p.a for platform fees per fund vs POEMS SG at 0% service charge/platform fees. If you are DIY style, choose POEMS SG.

IF you are into managed portfolio choose either FSM SG/POEMS SG (both same charges) /Stashaway or Smartly (auto robo management which invest in ETFs)

I can only give you links to SG bloggers review who actually invest their own money into the platform review.

For like real returns, best to email them directly.

Look at the funds available on FSM SG vs funds available on FSM SG. Most funds sold in FSM MY are quite Malaysian concentrated fund which don't do so well.

FSM SG funds are more global due to the fact SG is a international financial center. Couple that with the strong SGD. What this means is if your FSM MY is giving you 10%p.a. FSM SG 10%p.a is > FSM MY 10%p.a

FSM SG limitation is they are only using unit trust. POEMS SG on the hand utilise unit trust, ETFs, bonds.

This post has been edited by Ramjade: May 2 2018, 12:35 AM

Never forget that unit trust is still a basket of stocks. You never know if after 10 years when you need the money, it's a bear market like in 2008. Will you withdraw that time?

Fund works by collecting a group of people's money and buy stocks or bonds. Imagine trying to buy google yourself. It's expensive on your own but it's cheap for a fund as they have access to millions of RM/dollars. When the fund buy, what the fund buy, when they are sell are decided by a fund manager. The fund manager can be a single person or can be a group of people.

Read this for more info
http://www.moneysense.gov.sg/understanding...nit-trusts.aspx

I don't know what you are talking about "fund will take the profit and re-invest into the fund annually." You can get your profit by selling the funds you own. If you don't sell, it's profit on paper which can be wipe out in the next big bear market.

Yes, you can make losses in the future as mentioned if you see in the depths of a bear market, good luck. However, in the long term, market always goes up. The question is how far up?


When to sell?
1) you can sell when you need the money - a rather bad thing to do if you ask me (eg selling at the depths of 2008)
2) sell after it reach certain % profit say 18% profit.
3) sell if the fund is under performing it's peers (other fund which invest in same sector)
4) sell and re balance once a year once it goes above your allocation. Say yo u put in 20% into equities but because market is red hot, your allocation becomes 30%. You can sell off your 10% so that your equities portion come back down to 20%.

For me, I choose 2). Easier to carry out.

For funds like PRS which cannot be sold off, just topup when market is down.

You have to know why the market is down. Interest rate going up, chicken headed investors want a bigger margin of safety for stocks. Eg, US 10 years treasury can give 3%, why should they invest in a stock which can give 3% dividend yield? The stock giving 3% dividend yield must be able to give 5% dividend yield for it to be attractive. To get 5% yeld, the price have no choice but to come down. Then there's also increasing rates means business need to fork out more money to pay loans, which means less money available for dividends to shareholders, hence the price comes down. If you have bought on an earlier date, most likely your portfolio will still be in the green (like mine). But if you have been buying last year (quite near the peak/peak), most likely you will be in the red. Your only choice is
1) sit tight, don't do anything
2) average down your buying price


This post has been edited by Ramjade: May 3 2018, 03:27 PM

Prepare for another sea of red tomorrow guys

Damn. Was looking for some sales

Don't worry sales will start soon Bull can't keep charging. When interest rates goes up to a certain level, more and more people will default.

If bull not here, price won't rebound so fast.

Goal is never lose money. If you lose money, you need to worry harder to get back your losses.

Correction I only started investing in 2017.Late to the party.

You do know right recently market have been volatile? If you sell now, you just lock in your losses.

Yes. You can buy using local brokers. Super expensive. Not worth your time and money. ETF investing is about minimising cost.

Some cheap broker to think about
- 8 securities based on HK (zero commission)
- Exante broker based on EU
- Interactive broker based in US (have monthly fee if amount <USD100k)
- Standard chartered SG (hard to get as SG govt kind of weary with Malaysians)

You don't buy ETF from well known fund. You buy them straight off exchange in the country they are listed.

See reply above.

Source?

Not true. If want doesn't how to pick funds, it's better for them to just buy foreign ETF. At least they will get market returns and won't underperformed the market.

It's already too late to pull out and invest in Malaysian UT. Why? By the time you pull out, money will be back into your account in one week time. By that time, Malaysia stock market will most likely rebound.

Your only option is use cash you have for investment.

Majority of the funds can't even beat the index that they are "tracking" so it would make sense to invest in ETF if you have the brokerage to do so (US market).

You do know right the only good fund from Kenanga is their Kenanga Growth fund? The rest are all rubbish.

ILP means investment link plan. What this does is basically you buy insurance with unit trust. Your agent get min 40% cut from the money you pay on the first year (well this is from SG, but I don't see a difference in Malaysia). So assuming that you put RM10k into each product,

With an ILP, you are basically investing only RM6k. RM4k goes to your agent
Now let's compare it with KGF at 1.75% service charge by FSM, you are investing RM9825.

Now wonder why ILP give you at best promo FD rates, at worst, below FD board rate over say 20 years and your agent keep pushing you to buy an ILP/edu plan/retirement plan from him or her?

This post has been edited by Ramjade: May 14 2018, 11:17 PM