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

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Ramjade
post Aug 20 2019, 10:05 AM

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QUOTE(yklooi @ Aug 20 2019, 10:02 AM)
10% cheaper....if another year just +2% then it is just 6% ....
if another no profits....then..

buy when one is happy abut owning them.....

if recession come...many will be worrying more about their jobs than about shopping .....
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That's why keep bucket load of cash. No job no issue if you have cash lasting 2 years or more.

One only needs to worry about job if one got no cash on hand to sustain lifestyle.
Ramjade
post Aug 20 2019, 10:14 AM

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QUOTE(yklooi @ Aug 20 2019, 10:10 AM)
sustain life is not shopping
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Follow example of Mr tako escapes. He sits on so much cash that he can afford his current life and go shopping whenever bargains are there.
Ramjade
post Aug 20 2019, 10:20 AM

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QUOTE(yklooi @ Aug 20 2019, 10:18 AM)
how much does MR tako makes and we makes?
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That's why when it come to recession many people cannot afford to take advantage. No cash. All cash used to pay bills and for keeping afloat. Now where did all the cash goes to during good times? Live like bad times during good times.

Last I read his cash holding is USD600k+
Ramjade
post Aug 20 2019, 10:29 AM

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QUOTE(Kaka23 @ Aug 20 2019, 10:24 AM)
Siapa itu Mr Tako?
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Financial blogger from US who have FIRE.
https://www.mrtakoescapes.com

This post has been edited by Ramjade: Aug 20 2019, 10:30 AM
Ramjade
post Aug 20 2019, 02:00 PM

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QUOTE(Hansel @ Aug 20 2019, 01:33 PM)
Don't be too sure,.....see this,... this is also delayed now,...

"The S&P 500 Index gained for a third day on Monday (19 August), led by chipmakers, as US Commerce Secretary Wilbur Ross said the nation will delay restrictions imposed on some business operations of China’s Huawei Technologies Co Ltd."

Starting to delay their actions here and there,...
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Delay. Not removing or reversing. China doesn't have the firepower of Google. Yes Google doesn't exist in China. But can countries like SEA/E/India survive without using Google map? Who's going to buy Huawei phone outside China if it doesn't come with Google? Yes that you sideload Google in but majority of people won't buy if there's no Google backing.

Another thing is China have less things to tax than US. They can banned soya but US can always force smaller countries to buy the soya from them (not doing yet).

China doesn't have any winning chance against US.

This post has been edited by Ramjade: Aug 20 2019, 02:07 PM
Ramjade
post Aug 20 2019, 04:06 PM

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QUOTE(Hansel @ Aug 20 2019, 03:50 PM)
Jut like the OS, China can always design another 'Google-like app' if it's really necessary,...

China kust needs to weaken its currency to match the US,...

Let's see,...

I read that some products have been removed from the latest tariff initiative,... others, mainly 'Christmas season' products have been delayed. Let's see if the US delays those products again,.. or if there is another 'trick' that they can do to reverse, and at the same time, save their faces too !

Whatever it is,... I suspect the Dec 15th tariff is already priced-in to asset prices already,...it could be a non-event after all when December comes,...
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China may have their own OS but no point if you cannot get anyone to use it other than China people right? China is mainly playing jaguh kampung but cannot compete against the giants of US companies. Tencent, Badiu all does not have the power of google search engine or it's gmail.
No microsoft/adobe alternative from China as well. Until they can shake off the jaguh kmapung and compete head to head against US companies, the will forever lose to US. US companies will rather applease Trump then risk losing business (lose one market but still keep other market)
Ramjade
post Aug 20 2019, 04:37 PM

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QUOTE(Hansel @ Aug 20 2019, 04:32 PM)
The 'Belt-and-Road' Initiative will bring The Middle Kingdom back to the world,... to world supremacy, but not with ideals of colonisation,... anyway, there's no point discussing all these,.. it's all purely academic,... only time will tell.

Trump may not win the next elections,...
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Belt and road is about infrastructure, ports, railroads. Not softwares.
Ramjade
post Aug 20 2019, 09:27 PM

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Funds recognised by EPF is small. Should opened up to include Stashaway as well.
Ramjade
post Aug 21 2019, 10:36 AM

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QUOTE(Hansel @ Aug 21 2019, 08:57 AM)
Haha,... on this early morning, I will point out your ignorance and your innocence in thinking,...

The 'Belt-and-Road' initiative is the FIRST step towards extending influence into the countries. There is no better way to convincing a community than to help build infrastructures to make their lives better and to develop their economy. With a convinced people, other initiatives can follow-through,...

There is one more way - extending military protection.

SO,... think first before you speak,... but then yeah, you managed to extract this idea from me,.. you are good too,... :thumbsup:

At other times, I will just keep quiet when you ask questions, or when you state something,...  biggrin.gif
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Belt and road can be seen as another form of colonisation or take over. Like what china did to Sri lanka Pakistan and Malaysia. Force the country to pay for it then they themselves operate and pocket all the profit. Genius move.
Ramjade
post Aug 21 2019, 01:32 PM

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QUOTE(Hansel @ Aug 21 2019, 12:40 PM)
Now,.. I'm confused,.. see the below, bros,..

https://www.thestar.com.my/business/busines...pening#cxrecs_s

Para two is : A dealer said the US dollar headed south ahead of central bankers meeting in Jackson Hole this Friday, where the US Federal Reserve is anticipated to give clues on potential interest rate hike.

Read more at https://www.thestar.com.my/business/busines...ofLt2LQkuVsc.99

Why potential interest rate HIKE ?????????????????? innocent.gif
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Cause US economy is holding up strong? The cut was for insurance only?
Ramjade
post Aug 21 2019, 03:07 PM

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QUOTE(Hansel @ Aug 21 2019, 03:02 PM)
Yeah,... but Feds shouldn't be thinking of hiking yet, right > Everywhere reads cutting,... this Star article read hiking,...  blink.gif

Typo error ??
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Other country affected by trade war but US not affected yet (jobs still strong). The reason they cut was blondie making a fuss about rates too high. In his speech (Jerome) said is just a temporary or something midcycle.
Ramjade
post Aug 25 2019, 10:27 PM

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QUOTE(Drian @ Aug 25 2019, 10:06 PM)
Tomorrow red red red

Be prepared.
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Maybe not red red as Trump says may hold off tariff for now...
Ramjade
post Aug 25 2019, 10:48 PM

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QUOTE(Drian @ Aug 25 2019, 10:43 PM)
I thought he just said he would increase the tarriff further in response to china imposing the tarriff.
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The redder it is the better for me. More sales time.
Ramjade
post Sep 4 2019, 04:01 PM

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QUOTE(xuzen @ Sep 4 2019, 03:31 PM)
[attachmentid=10309927][attachmentid=10309928]

while they kiss and make money...

In the mean time I lost money in Aug19. Another five figure lost. 2% M-o-M lost.

Even defensive is no longer defensive. REITS pun kena hit.

Xuzen
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Weird. I am holding reits (stocks) and it did not even drop. confused.gif Is like a big rock, refuse to move at all.
Ramjade
post Sep 4 2019, 07:35 PM

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QUOTE(guy3288 @ Sep 4 2019, 04:59 PM)
Which REITs you are holding?

My  IGBREIT in Bursa also holding up very well.. Genting dropped like shit.
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All SG reits but some have business in other country.
Mapletree commercial
Frasers centerpoint
Aims apac reit
Frasers logistics
Keppel KBS US reir
Ireit
Cromwell EUR reit
Ramjade
post Sep 5 2019, 10:13 PM

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QUOTE(guy3288 @ Sep 5 2019, 09:25 AM)
What is the return per annum/ IRR for each category eg stocks, UTs?
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I already give up on keeping track the IRR. No time and not obsessed anymore. As long as money coming in every few months on the dot enough for me.
Below are estimated yield on cost price and dividends are more or less guaranteed unless I sell and let's assume that dividend remain the same (which in reality won't as majority of my reits increase dividend on yearly basis). So all I need to do is seat back and collect cash. All on auto mode.

QUOTE(Ramjade @ Sep 4 2019, 07:35 PM)
All SG reits but some have business in other country.
Mapletree commercial 6.09%
EC world reit 7.97%
Frasers centerpoint 6.15%
Aims apac reit 7.56%
Frasers logistics 0.72%
Keppel KBS US reit 10%
Ireit 7.45%
Cromwell EUR reit 9.01%
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Ramjade
post Oct 1 2019, 10:40 PM

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QUOTE(Financier @ Oct 1 2019, 10:32 PM)
Fundsupermart better or stashaway
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Stashaway long term as ETF > UT any time.
If and when they do open up Stashaway for PRS, I might make the switch.
Ramjade
post Oct 2 2019, 09:02 PM

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QUOTE(winron @ Oct 2 2019, 07:13 PM)
On Stashaway, we don't get to choose what ETF to buy though.

I can agree that ETF > UT any time, but I wouldn't say that Stashaway is the best entry point into ETFs.
Comparatively, there are platforms out there that can let you directly buy into ETFs (Vanguards, etc.) at a very low cost.
For PRS, I usually do the research on FSM, then buy directly via the fund house.
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PRS will unlikely let you buy your own ETF. So the next best we got to work with is Stashaway if and when PRS let's Stashaway in.

This post has been edited by Ramjade: Oct 3 2019, 08:08 AM
Ramjade
post Oct 13 2019, 11:06 PM

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QUOTE(infested_ysy @ Oct 13 2019, 10:34 PM)
I still don't think PRS is worth it.

I don't get how they calculate the fees etc, but the last time last year I deposited RM500 into my PRS through the online portal (https://www.prsmember.my), only RM476.37 is credited into the account.

That's like 4.7% of my money being deducted in fees, jesus christ.
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It is. Money you put into PRS at the end of the day is still yours. Money paid for income tax won't be yours.

Use FSM or eUT. I don't know what you used. If you have used banks or agents. I used FSM and I put in RM3k and got exactly RM3k inside. Could be because you use PRS website. There's a one time charge of RM10 and yearly RM8 if there's any activity in the fund.
https://www.ppa.my/joining-prs/other-important-information/
Ramjade
post Feb 18 2020, 12:14 AM

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QUOTE(coldbasecamp @ Feb 17 2020, 11:36 PM)
Just like in stock market if a stock counter announced a dividend the price will drop since the dividend is literally company's money = company asset and hence it will affect the price.

So ya, unit trust works the same way also. In fact, at FSM platform, if a unit trust just declared income distribution recently, there will be a red icon showing you disclaimer that the price (NAV)  might be affected.
Looks like the bank stuff is a bit tricky, mind sharing what's the partial name of the bank so that we can have a guess?
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This part is wrong. Not all sticks price will drop after dividend. Some never drop. Some went up some more.

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