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

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Ramjade
post Aug 3 2019, 11:15 AM

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QUOTE(yeowhock @ Aug 3 2019, 10:38 AM)
It seems reits are not reflecting its true value, idk, someone please enlighten
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Bond and bank yield low. People chase. Reit price goes up, yield drop.
Ramjade
post Aug 3 2019, 06:42 PM

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QUOTE(WhitE LighteR @ Aug 3 2019, 05:43 PM)
so nice to have such flexibility with no sales fee to consider wub.gif
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That's why invest via SG for free. Use Malaysia service need to pay platform fees.
Ramjade
post Aug 3 2019, 11:19 PM

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QUOTE(coolguy99 @ Aug 3 2019, 10:55 PM)
How come no sales fee?
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Wrap account. But at cost of quarterly platform fee.
You can DIY without any switching fee, service charge fee, quarterly platform fee if you open account via POEMS SG and buy from them.

Ramjade
post Aug 6 2019, 09:37 AM

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QUOTE(WhitE LighteR @ Aug 6 2019, 03:44 AM)
Time to go defensive?
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Time to go on offense.

QUOTE(CardNoob @ Aug 6 2019, 08:00 AM)
Another blood bath day!
Time to accumulate?
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Yes. But see if you happy with this drop or not.

QUOTE(xcxa23 @ Aug 6 2019, 08:14 AM)
luckily did not top up much during the promo sales rate
this is much more attractive  rclxms.gif

another round of dca for me
probably tomorrow
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That's the reason I don't do DCA. Keep money for moment like this then whack until no money. devil.gif devil.gif

QUOTE(Drian @ Aug 6 2019, 09:33 AM)
Topup max prs in few days time. Cash is ready.
Ramjade
post Aug 10 2019, 09:22 PM

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QUOTE(yeowhock @ Aug 10 2019, 08:53 PM)
They aren't got the fire power to fight EU.
Ramjade
post Aug 14 2019, 07:53 AM

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QUOTE(CardNoob @ Aug 14 2019, 07:42 AM)
Drama is over ... equity will be on the bull again!
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Until Nov laugh.gif then the selling starts.
Ramjade
post Aug 15 2019, 08:41 AM

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QUOTE(wongmunkeong @ Aug 15 2019, 08:24 AM)
SPY and SPX only -5.9x% to -6.1x% down from highs. This one definitely not on "good discount sales" yet.
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People have never seen a 20-30% drop before. So 5% consider big sales lo.
Ramjade
post Aug 15 2019, 08:51 AM

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QUOTE(voyage23 @ Aug 15 2019, 08:47 AM)
So have you deployed your money or not? Wanted to all-in PRS right? Or still waiting?
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Of course. If it drop further buy some other unit trust with spare cash. From my guess, I think I got at 10% discount. Always have backup (to buy more) . Prs once a year.

Time like this no need panic. Prepare cash to scoop up discounts.

This post has been edited by Ramjade: Aug 15 2019, 08:54 AM
Ramjade
post Aug 15 2019, 12:10 PM

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QUOTE(YoungMan @ Aug 15 2019, 12:09 PM)
But those below the income ratio if you buy, will FSM call on you to check? I saw the notice and I backed out from buying.
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Nope.They called. Just tick Yes and buy.
Ramjade
post Aug 16 2019, 07:31 PM

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QUOTE(Hansel @ Aug 16 2019, 07:25 PM)
Recession means 2 consecutive drops in GDP readings. Kind of a mathematical relationship.

Share price drops is a mechanism of analyses (FAs and TAs) and most importantly : SENTIMENT.

Even if a Recession hits,... do you guys think,.. today,.. the Share Price will drop as much as 2008/9 ??
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Yes when monetary policy don't work anymore which is going to start soon if interest continue to be at rock bottom. People just panic cause they don't know what to do.

The recent sell off is evidence. People think recession come so they hurriedly sell off.

The question is does one have guts to buy?
Seicnd questioning does one have the cash to buy?
Ramjade
post Aug 16 2019, 08:39 PM

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QUOTE(Hansel @ Aug 16 2019, 08:26 PM)
He is backing-off now,...
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No he is not Trump wants face. Backing off for him means losing face. For him his face is very important. By showing that he can hammer china economy means he is flexing his muscle.

Question is how long can china withstand his attacks? His trade war is working. China economy slowing down. If it slows to a crawl, china may be force to bow down to US to prevent unrest.
Ramjade
post Aug 16 2019, 10:39 PM

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QUOTE(Hansel @ Aug 16 2019, 08:50 PM)
What sell-off ? You call the recent dip as a sell-off ? Sure, sure,... you'll say,.. it's coming,.. let's see then,.

When he releases certain items supposedly to be on tariff from September 1st, he is backing-off. When he cuts certain items from the tariff list, he is backing-off. These were the things he did two days ago,... then the inverted yield curves took place when more people took up the 10-year bonds instead of the 2-year Treasuries.

He must have known this event was coming (ie more investors are taking up the 10-year Treasuries),... hence, to maintain his voters' confidence, he quickly 'backed-off' first. These are the signs,...

Well,... you can have your own argument,... but let's see,... you are waiting for a 30% drop in the indices, right ? So,... when do you think the 30% drop will come ?? Give a timeline !
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Is not removing. Is delaying the inevitable. Removing and delaying are 2 different thing.
Ramjade
post Aug 19 2019, 11:46 AM

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QUOTE(WhitE LighteR @ Aug 19 2019, 10:50 AM)
My money is currently on China to edge out of this better than US laugh.gif It's not a popular opinion...
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I support US. One tweet and Huawei is bought to it's knees.
Ramjade
post Aug 19 2019, 05:12 PM

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QUOTE(WhitE LighteR @ Aug 19 2019, 11:53 AM)
Yeah. I see most of the investors support is behind US.
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Cause china got nothing against US (no firepower)
Ramjade
post Aug 20 2019, 08:53 AM

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QUOTE(CardNoob @ Aug 20 2019, 08:37 AM)
Few days ago, some said want get out from HK and China market.

Now you want to enter? voyage23
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I remember few days ago, someone laugh at me for wanting to buy PRS or topup my UT...
Ramjade
post Aug 20 2019, 08:58 AM

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QUOTE(yklooi @ Aug 20 2019, 08:55 AM)
so till waiting I guess....
still have till Dec to make the bet for the tax benefits
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Nah. I already entered for my PRS. If it drop some more than my PRS entry PRS, topup my UT instead.
Expect another blood bath in December as Trump delay will not be a delay anymore come 15/12/2019
Ramjade
post Aug 20 2019, 09:09 AM

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QUOTE(voyage23 @ Aug 20 2019, 09:03 AM)
Huh? As of 16th August the YTD is 7.53%. Even if the FSM tabulation was until 16th August, the 3y and 5y annualised return still 10 and 12% respectively.
We have heard this many times...and many times he chickened out. Haha.
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Not this time. Cause he cannot lose face. Everyone settle their Christmas shopping then time to hike. So that won't affect his election chances.

QUOTE(yklooi @ Aug 20 2019, 09:04 AM)
you already entered?...still abt 7% higher ? than yr last entry price of the Ponzi 2.0 PRS wor....
why not wait till 20/12?...when 15/12 will have another bloodbath?
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You can never catch the bottom. Buy when discount is significant.1-2% can just close eye. If it drop like 10-15% take a look la. Regrettably I was too fast as the next day drop further but it's OK. No regrets on my part. PRS target for the year achieved.

My price is not 7% higher. Just 2% higher. When I buy, my PRS already drop 8%.

If December drop some more buy some more. (not PRS). Simple
Ramjade
post Aug 20 2019, 09:29 AM

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QUOTE(yklooi @ Aug 20 2019, 09:15 AM)
you bought in last Dec...till now only +2%?
why buy now instead of Dec?.....why waste money now instead of Dec when now is still not cheap?
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It went up 10%+ drop down to 2%+.
How sure are you December will be cheaper? Maybe nothing happen in December. Maybe more expensive? Maybe it become cheaper than now?
As long as my PRS target achieve for the year achieved, I am satisfied. No regrets whether is cheaper and more expensive.
Most important is PRS for 2019/2020 target achieved at a considerable discount. As long as do not overpay for it (buy at a ak)
If other things go on sale in December then buy other things lo. So many things to buy. No need to limit to PRS only.

For me simple only, see reasonable discount buy. Buy when the market seems at it lowest. Everyone is being scared, buy.
The inverted yield scared a lot people.

This post has been edited by Ramjade: Aug 20 2019, 09:32 AM
Ramjade
post Aug 20 2019, 09:33 AM

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QUOTE(yklooi @ Aug 20 2019, 09:32 AM)
I am not sure,...but someone posted this that seems like very sure?
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Ah that. I am just saying a sales may come in December. But won't be so good as this recent sale. This recent sales really spooked lots of people.

But as mentioned
PRS target for the year achieved at a considerable discount considered fine already. I am happy with my purchased price.

This post has been edited by Ramjade: Aug 20 2019, 09:34 AM
Ramjade
post Aug 20 2019, 09:58 AM

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QUOTE(yklooi @ Aug 20 2019, 09:42 AM)
and that is the magic word...that I wanted to hear....

not something like some used to preach when they are not buying.....
something like,...why buy when there is no BIG sales discount of 20~30%?
save bullets to buy when can see dirt cheap things are coming....
Recession signs are still there why not wait longer?....
etc etc...

we buy when we feel like it......
don't need to scasm or belittle those that had bought it at a higher price
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Don't get me wrong, if 30% discount will maybe liquidate part of my ASNB. Some of the stocks I bought already have a 10% discount on them.

I saved up to buy things when they are cheap and don't buy when is expensive. Basic groceries shopping. If recession comes, all the better. Longer shopping time and lower price.

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