No worries I will do that. Thanks for the info.

There is no transactional cost for my port because I use wrap account.

I will stay with this port fomposition until Jan 2019. Algozen™ ver four will tell me plus I have been using UTF since 2005 as a wealth management tool, I have a certain flair, a certain je ne sais quoi so to speak.

TA tech has been my alpha for a long long time. I think I have it in my port composition since 2015. It has brought me joy and happiness. TA Tech is not that volatile lah! Try China fund for comparison and see...

I think above six UTFs is considered Pokemon style already.

Pokemon style = dilute your alpha. You earn peanuts here and there... no syiok factor.

Xuzen

Correct me if I am wrong, you are optimising the 1) risk and return 2) min the correlation between the different UTs in your portfolio?

Very impressive approach than intuitive way. Did you compare the algozen performance with other approaches?

I too invested in TA tech. Good performance for me so far.

I have also looked at morning star and the correlation analysis it produces. What other resources or anything else I missed.? I just started investing in Mar this year.

Yes, you are right. I proudly declare I am a follower of Markowitz's Modern Portfolio Theory.

Algozen™ ver four did not lose money vis-a-vis FSM Managed portfolio. Admitedly the return has been lacklustre but at least she did not lose money. The case is different with FSM managed portfolio given the grievences laid bare by the participants here.

And why it is so darn difficult to make money for the past 3 quarters? Trump lah... he is a pariah leader, one day talk like this, the next day can go 180 degrees U-turn without thinking of consequences. He thinks the world revolves around him. He has the ego the size of Jupiter.

You have the data from morningstar. But what you are missing is the algorthm to assist you make the decision. What you have is just raw data. You cannot use raw data without an algorithm to make the data useful.

Xuzen

This post has been edited by xuzen: Aug 26 2018, 11:11 AM

Most people just copy and paste your portfolio

Having seen your port; can I say there are just 4 broad classes of UTs that are not strongly correlated to each other:

1) the US camp (eg TA Tech, Global Titans, etc)

2) the China camp (eg Asia-pacific UT funds, KGF, etc all tend to follow China. If China shares goes up, all the Asian shares also goes up and vice versa)?


3) other asset classes like Reits where they don't quite behave like 1 and 2.
4) ofc bond funds.


BTW, lets wait till Nov election - if democrats win big, trump may not last and we are on the way to big win

This post has been edited by ChessRook: Aug 26 2018, 03:13 PM

I hope that mad person will get eliminated.

President Trump said the stock market would crash “everybody would be very poor” if he was ever impeached in a new interview.

“If I ever got impeached, I think the market would crash,” he said said in a Fox and Friends interview that aired Thursday.
“I think everybody would be very poor. Because without this thinking you would see – you would see numbers that you wouldn’t believe in reverse.”

He also said: “I don’t know how you can impeach somebody who’s done a great job.”
http://time.com/5375858/donald-trump-marke...sh-impeachment/

don't have merdeka sale ka this year??

last year's promo was only 3 days...from 28 Aug till 31 Aug
thus if following similar pattern.....today they would announce (if have)

but if have also, I think due to the current dismayed markets performances, many would not be buying any

This post has been edited by MUM: Aug 27 2018, 08:50 AM

good good. by that time my port already all FI.

after transition, out time will coem

no China/HK/Taiwan (Greater China)?

no Asia Pac non Reits Equities funds?

currently giving up on Asia Pac regions for the next half year?

25% in Malaysia Eq.....must have confident that M'sia will be better in the coming months (before the next portfolio change?)

at 50% of the port heavily on asset class that are abit sensitive to the interest rate......(which are the trend moving forward)?

This post has been edited by yklooi: Aug 27 2018, 09:23 AM

you think all FI will be spared?
when Eq falls, many corporate may default on issued bonds, thus....
not all FI funds are the same

if, he is to be impeached.....the 1st 'hints' of him to be charged...would cause the markets to vibrate.....
just that , it is the subsequence actions/events that would see how our port would escapes the fall out...ex whether the FMs would believes it or not to be that severe...thus hold, sell or do nothing...

maybe this can helps....Calculating his Portfolio Risk Level



Attached thumbnail(s)

chills.

rest assured the fall of FI (of course need see what type)
won't be the same as EQ

deleted double post

This post has been edited by ChessRook: Aug 27 2018, 11:59 AM

Only the US stocks would crash temporarily, new regime in the US is likely not to be so crazy with the trade war. So most of the stocks in the world will rise after the dust has settled.

BTW Stocks crashing will not impact on a companies abilities to pay their debts. These companies will continue to earn money selling products and services. So not to worry.


This post has been edited by ChessRook: Aug 27 2018, 11:59 AM

he being eliminated does that mean CN unofficially win the war?

LOL, no one wins in a trade war everybody loses. OFC China and US will package it to somehow of accommodating each other.

not the real win or lose. you know their pride.... ego.....

mind blown owh they way potus delivering whatever speech regarding trade war.

There are about 250 UTFs in the FSM universe. My first step is to select the top ten most desirable UTFs and this is based on what I read and understand from various media sources including reports from the various Fund Houses. This is the part which is subjective and is solely based on my biased opinion and personal gut feel. This part takes a certain je ne sais quoi.

Out of these ten short-listed candidate I will throw them into Algozen™ ver four and let her do the computation. Then I will use her to churn out various scenario & outcome. This is the analytical part. Pure computational work. Too tedious for human to do it, only a computer can do it.

Then of the many outcomes that are churned out, I will select the outcome that in my opinion, which I am most comfortable with. Again, this is based on personal experience. So, if let say I choose outcome A, and suddenly the world changes with some new info that will move the market wildly, I will already have in my library outcome B, C, D... so forth and I can quickly change my port accordingly. That is why I rarely lose money. Lackluster ROI yes, lose money no, except in this 2018... in the 12 preceding month of tracking, my port made 5 months of lost and that is a record for my port. Prior to 2018, I rarely lose money. But prior to this, we do not have a mad Trump to disturb the market. But nonetheless, the port as a whole made money 12 mths preceding.


China centric and emerging market is very reactive to what Trump say. It is too volatile and hence I discard it for the time being until Trump gets booted out or the market decide to ignore Trump tantrum.

Surprisingly ES Eq Income is very uncorrelated to the other UTF in my port and hence that is why it is there.

On Reits, it is something I have to be more concern with, thank you friend Yklooi for highlighting it.


This calculation of risk is not correct. The proper way is


Now try to do the above manual calculation with ten risky assets. Thank god there is Algozen™ ver four.

BTW, my port risk aka Std-Dev is 4.XX which is lower than that of FSM's balanced fund definition.

Xuzen

This post has been edited by xuzen: Aug 27 2018, 12:27 PM