Heh. Usually I receive the ang pow packets after CNY every year. This year I received them a few days before CNY and my wife was so shocked. At least those provided by FSM look very classy. By far the best looking ones I have.

What's the famous to-go-to bond fund these days.

Used to be Dynamite. Now?

I think last month (i1899) suggested ASN FP funds to be a better deal than bond fund

can't buy that via FSM can you?

need to go physically right?

yes,...FSM does not sell those....
not sure,...if you have an a/c you can do it online....
post this question in the dedicated ASN thread for appropriate"ness" and many SIFUS are in there....

thank you for the explanation .

Try getting better quality thumb print ink... those less than RM10 is hard to get it right (unless you got the skill).

Try getting better quality thumb print ink... those less than RM10 is hard to get it right (unless you got the skill).

Sifus, since this is the year of dog, that day I read in the paper, an old fashioned way to buy stock for lazy people known as TOP DOG ROTATION.

- buy the TOP 10 stock for the previous year, and wait review next year, if the stock still same, buy it again, if not in the list, replace it with the newcomer.

I was wondering, is it working on ut too?
Buying top 10 perf EQ and wait after windows dressing sell and buy again. Rinse and repeat...

Opinion?

To check whether this way works or not, lets look at the TOP 10 UT in 2016 and its performance in 2017:

For 2016,
https://www.fundsupermart.com.my/main/resea...lent-Times-7893



For 2017,
https://www.fundsupermart.com.my/main/resea...-Investors-9308

Obviously, u lose BIG money now (around 10% to 20%..) if you bought those TOP 10 UT of 2016 (Gold Fund/ resource Fund/ Indo Fund) by Jan 2017 and hold until now.

Same, if u bought IDS because lured by its extraordinary performance in Q1 - Q3 2017, around end of Q3 last year, then u r losing big money now too.

So, I think it is a dangerous tactics in UT investment.

hmm, I am not stock player, you are rite? Does this trick really work in stock market? And if you compare for the same year for UT and stock eg 16 and 17 for both... I believe the lost is around the same perhaps?

I have a question.

Say if NAV for this month is 0.45, I bought RM500.
NAV at the end of the month for the fund become 0.5, can i sell the fund, take the profits and buy something else?

Sure, but don't forget the charges.

I see, Thanks.

your way is more suitable to play stock....

some have exits fees.

not to forget the sc...

You're right. Most funds are aiming for mid to long term return. Dollar cost averaging actually makes sense.

See, i have this idea.

I want to invest in Fund A, the minimum initial investment, say RM 500. NAV 0.47 (eg)
Minimum top-up - RM 100.
Months : 1

on Months: 2
Funds A NAV: 0.45
I top up - 100.

on Months: 3
Funds A NAV: 0.48
I let it ride.

The point is, When monthly NAV goes down to a relevant point, i buy in to dollar cost averaging. When it exceeds the average point, i let it ride.

Would this idea worked?

Meaning you only want to top up if the current NAV is lower than the month before?

Ya sure you can do this. Its important to know that there is actually no right or wrong way to DCA, as long as you average it all out, how you do it is up to you. Some would argue that in an uptrend if you didnt top up, its considered miss opportunity. Because there is no guarantee a pullback will put you in a better entry point than the month before. But as i say, no right or wrong.

It looks like value averaging - your idea
For further details: https://www.bogleheads.org/wiki/Value_averaging
+ https://www.amazon.com/Value-Averaging-Stra...value+averaging

i used this until i hit my targetted asset allocation, then i switched to pure asset allocation re-balancing. It's easy to execute if U are handy with Excel - ie. the formulas will auto advice U on how much to put in based on our monthly/quarterly allocation VS value held

Exactly what i mean! Thanks for the link.

I see. thanks