Concept of flipping has to be tied to the duration one holds the asset. If I hold an asset for more than 5 year and sell it after that, and still considered flipping, something is not right.

fair enough. so less than 5 years only will be considered flipping then.

Hari ini dalam sejarah:

I "played" Ponzi 2.0 circa Feb 2015 to May 2016 (approx. 5 quarters period). I dump in by DCA around MYR 100K, and sold everything in May 2016 to switch to RHB AIF. I made a profit of six percent during the whole duration via the participation in Ponzi 2.0 UTF. Is it fantastic? Definitely no, if compared to higher risk UTF such as TA GTF or China only fund.

The three year annualized return for Ponzi 2.0 is 13.27% with a volatility of 10.54%. This means that the UTF in observation will still be considered normal behavior if she performs between 13.27 - 10.54 = 2.73% (worse case scenario) or 13.27 + 10.54 = 23.81% (best case scenario).

With a six percent return, the fund has deemed to perform "normally".

Xuzen

I detect a hint of far-leftist tendency in this Komrad!


Uncle Sam says Capitalism FTW! Do not fight Capitalism, you will lose!


For lack of a better word,

Greed is Good!

Xuzen

This post has been edited by xuzen: Mar 6 2017, 12:18 PM

This is something which the main culprit is the developer. The developer if has ethical principle, should not allow names to be transferred. If one who booked a unit want to give it up, he must throw it back to the developer and charged some admin fees.

But hey developers are just as greedy as the flippers, and so they wouldn't care. They are facilitating such thing to happen as it will make their properties hot.

This post has been edited by puchongite: Mar 6 2017, 12:47 PM

Just to add on,

Volatility is measured by standard deviation though, which, in David Ng (Affin Hwang)'s words, simply mean there are two-third chance that this year's performance might be +10.54% or -10.54% compared to previous average. In 32% of the time (the remaining one-third chance), the performance of Ponzi 2.0 can very be deviating far from "worst" and "best" case scenarios listed above.

In their terms, the fund is considered normal as long as their past (cumulative) performance does not deviate much from index.

Just to point out that what was discussed LYN is very much different from whatever terms the agents/managers say (esp: when they say their funds are performing "normally")

January attempted switching EPF incesred fundinto Eastspring small cap, rejecteddue to signatures missmatched.

Now Small cap value raised, all other fund become insufficient amount for switching.
Only way is sell and re buy? then will loose more 2% isnt?

sold some cash management fund via direct GIRO today at 1 pm. when is the fastest the money will be in my bank account

two days.

Interesting comment. Would you mind to elaborate on the bolded statement? Thanks.

Xuzen

means probably wednesday

wednesday after 12pm.

This is my personal experience.

just a few days ago,...there was a mention of CMF vs FD.....
here now FSM tells you.....
How This Portfolio Out Beats Your FD Rate? [6 March 2017]
https://www.fundsupermart.com.my/main/resea...arch-2017--8077

wah lao. I'm impressed but at the same time I'm feeling a little disturbed by it.

This strategy crossed my mind before as an alternative to ASN FP funds which are near impossible to get. Well..will just procrastinate a wee bit longer.

How so?

i also want to know why do u think so

typically bond fund is good as a FD alternative, with the downside of liquidity.
but you get a safe and stable yield, plus potential upside during recession

it feels like an invisible person is stalking our every conversation and yet we don't know who's that.

Old news. That's already part of my future strategy (using Affin Hwang Select Bond Fund only as my "FD"). They forgot to mention that they will be earning platform fees from their clients. Smart move eh? Include in "no sales charge and redemption fees" but "leave out the platform fees"

Should have mentioned about the platform fees.

Well I aren't going to buy from them if I can help it IF eUT can offer 0% SC for bond funds above RM5k purchase. Only if eUT offer that, I will buy from them. Until then, continue to pay platform fees yearly

Will need to moniter if eUT have 0% for Affin Hwang Select Bond Fund.

tonytyk do you have Affin Hwang Select Bond Fund with eUT? If yes, any charges when you buy from them?

This post has been edited by Ramjade: Mar 6 2017, 07:42 PM

Xuzen already has the answer for us. You don't trust him ke ?

Actually I think it's not one person.