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

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Steven7
post Mar 20 2017, 03:51 PM

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Eastspring Investment Small Cap Fund 10%
Eastspring Investment Equity Income Fund 15%
CIMB Principal Dynamic Income Fund 20%
Affin Hwang Select Asia ( Ex-Japan ) Opportunity Fund 15%
CIMB Principal Global Titan Fund 20%
Affin Hwang Select Bond Fund 10%
Libra Asnita Bond Fund 10%

Hi guys, I got this recommendation from FSM for Aggresive portfolio, objective is capital growth till retirement, hence super long term investment. Do you guys think its solid enough? Was thinking maybe I will switch Opportunity Fund to Quantum.

Thanks.
Steven7
post Mar 20 2017, 04:04 PM

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QUOTE(puchongite @ Mar 20 2017, 03:59 PM)
2 for Eastspring, 2 for CIMB, 2 for Affin Hwang.

Sounds like Grammy Awards.

Maybe remove the Libra Asnita and move it to AHSB ?  innocent.gif
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Yeah! That's another thing I am considering too, AHSB seems like a better choice for me too. Thanks for the opinion.

This post has been edited by Steven7: Mar 20 2017, 04:04 PM
Steven7
post Mar 24 2017, 02:01 AM

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Damn I got in the market at the wrong time (Tuesday buy, now is already priced). Should I exercise cooling off? smile.gif
Steven7
post Mar 24 2017, 08:50 AM

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QUOTE(T231H @ Mar 24 2017, 07:31 AM)
Actually it is really up to you to decide whether you should exercise cooling off right....

but there are some T & C on cooling off right.
https://www.fundsupermart.com.my/main/faq/2...-Off-Right-1571

hmm.gif just wondering,...no right or wrong.....
how can one stay invested when they have the fear when ever there is a bit of shake out in the markets....just like last Tuesday (which happened to be just 1 day affair).....should they be really honest to themselves and evaluate whether Unit trust investment is really suitable for them? .....there is no shame of just go back to FD....."Safe, known ROI and stay on duration".

For those are still undecided....may I say..."GET OUT of UT investment NOW...for there is going to be a next big and long corrections that is going to come knocking on your portfolio....for they had came before and they will keep on coming and coming knocking at your door at the time that is convenient to them.... devil.gif

James 1:2-4
Consider it all joy, my brethren, when you encounter various trials, knowing that the testing of your faith produces endurance. And let endurance have its perfect result, so that you may be perfect and complete, lacking in nothing.

And not only this, but we also exult in our tribulations, knowing that tribulation brings about perseverance; and perseverance, proven character; and proven character, hope;....---Romans 5:3-4
innocent.gif
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Just wondering what are the pros and cons of doing cooling off . Are there any consequences if i want to buy exactly the same funds later on?
Steven7
post Mar 24 2017, 09:19 AM

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Thanks guys just needed some clarity on this. Think i am gonna stay and stop looking at my port on a near daily basis
Steven7
post Mar 24 2017, 10:26 AM

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QUOTE(wodenus @ Mar 24 2017, 09:31 AM)
Why do you say it's the wrong time? seems like a good time to me.
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Huh? I could be wrong but when I read the chart, the price I get from my Tuesday purchase are way way higher than the current price. I think it was priced before the correction?

QUOTE(summer_86 @ Mar 24 2017, 09:41 AM)
I have same fate as u .
I just bought few fund on tuesday for first time , but instead of cooling off , i'm thinking to top up hmm.gif
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Did you get the "bad" price too? Correct me if I am wrong but you are trying to average the cost, are you?

This post has been edited by Steven7: Mar 24 2017, 10:48 AM
Steven7
post Mar 24 2017, 11:08 AM

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QUOTE(wodenus @ Mar 24 2017, 11:06 AM)
Oh you bought on Tuesday.. still doesn't matter.

[attachmentid=8632939]

I don't think it was that much higher.. that's only one or two percent. Bad times are good times to invest smile.gif
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Oh I didn't get this fund. Took a small hit on CIMB Global Titan and Dynamic Income Fund - MYR, ~1-2% each.

True, which is why I am thinking when or should I topup.

This post has been edited by Steven7: Mar 24 2017, 11:12 AM
Steven7
post Mar 24 2017, 11:10 AM

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QUOTE(puchongite @ Mar 24 2017, 11:08 AM)
Yes >2 % difference. I for one don't believe in theory talk. Let's get real. If you exercise the cool off period, which is a one off right given to you, your only risk is that during this cancellation period suddenly the fund climb back another >2% or even more. You decide for yourself to see how likely it is before you exercise the 'cool off'. smile.gif
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Yeah I may not go for the cool off after all, thanks for all the advice. But I would really like to top up to "average" the cost tho, but the million dollar question is when to topup.
Steven7
post Mar 24 2017, 11:20 AM

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QUOTE(puchongite @ Mar 24 2017, 11:13 AM)
Yeah multi million dollar question which nobody can answer for you. We guess, or we dump the money in emotionlessly. wink.gif
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Yeah I realized that no one could answer me, what I am doing now is perhaps topping up to Cash Management Fund, then topup from time to time instead of using RSP. Good idea?
Steven7
post Mar 24 2017, 11:40 AM

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QUOTE(Avangelice @ Mar 24 2017, 11:27 AM)
RSP has 1% SC now. only if you have an insurance with fsm. thinking of taking advantage of it
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Yeah I saw that too! Pretty attractive! But too bad I am not earning MYR so my MYR funds would run out anyway, hence I couldn't sustain the RSP and may be going for the Cash Management Fund way.
Steven7
post Mar 27 2017, 12:53 PM

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QUOTE(David83 @ Mar 27 2017, 12:33 PM)
Ponzi 1.0 fund size limit reached. Email from FSM:
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Oh no, was thinking of topping up on this to "average" the higher price that I got last week

This post has been edited by Steven7: Mar 27 2017, 12:54 PM
Steven7
post Mar 27 2017, 01:17 PM

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QUOTE(Ramjade @ Mar 27 2017, 01:11 PM)
You still can buy today.
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Oh so when will the purchase be cut off, currently awaiting some funds from a friend (debt)
Steven7
post Mar 29 2017, 09:07 PM

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QUOTE(Avangelice @ Mar 29 2017, 08:06 PM)
The UK just triggered Article 50!

Times like these are exciting!
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What the...I just top up today and now this happens. Just last week my initial lump sum = Trump bill rejection.
Steven7
post Apr 7 2017, 07:49 PM

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QUOTE(Avangelice @ Apr 7 2017, 01:20 PM)
you really do love Singapore don't you bro. lol. should plan to get a pr there since you have graduated. think the Singapore Goverment would love you alot
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QUOTE(Ramjade @ Apr 7 2017, 01:25 PM)
Nope. I don't like their country. Cagey, stuck up people but it's clean, safe, no foreigners (bangla, indon, nepal etc). You gotta do what you gotta do to protect against further decline of RM in the distant future.  sad.gif
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Actually I agree with what Ramjade has said, I have been working in SG for quite some time and here's my observation. Native Singaporean do fits the stereotype, they are stuck-up, arrogant, tries way too hard to be high achiever, wannabes but truth be told I don't really see them being superior or more competent, intellectually speaking. I used to work for a company that consists of almost 95% Singaporean, I quit after 2 weeks and went to a new company that have maybe 2-3 PRs and I guess that's why I could stand working in SG for this long.

/rant/
Singaporeans are always proud of their food, especially their hawker traditions. But IMO there's nothing to be proud at, nothing at all. Their hawker foods tastes like crap, even the Michelin ones (my Penangite opinion). And you would think for a Chinese-dominated country, CNY here will be pretty awesome but no, BAU during CNY as compared to the abundance of CNY ambiance at Penang, the "first joss sticks" on the first day, "sky emperor" praying on the 9th day etc. Zero culture for a Chinese-dominated country.

However, there are some "pros" of being in Singapore. First and foremost, the obvious currency/economy strength/stability which I guess the main reason that lures Ramjade to POEMS/FSM SG. The high efficiency of government organization, be it online portal or walk-in offices (from my personal experiences during income tax filling, PR application etc). Their highly integrated transportation system, both public and private with contactless payment cards in the core. The internet speed, hnnnnghh dual 1GBPS at 60SGD/month so you and your waifu can have 1GBPS each. Lastly, the career opportunities, there is no doubt Singapore has better career opportunities, especially in the financial and tech sector (I work in the tech sector).
/rant/

P/S Sometimes I don't get the over-hostility towards Singaporean in /k/ or even this board by *some* forummers.

This post has been edited by Steven7: Apr 7 2017, 07:51 PM
Steven7
post Apr 25 2017, 01:26 PM

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QUOTE(Ramjade @ Apr 25 2017, 12:23 PM)
This one old news already. If you look at FSM SG thread SG going to have smartly, stashaway (robo investors who will use ETF to build/rebalance/maintain the portfolio for you)Too bad we will never get those robo investment in malaysia sad.gif
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Haha I have been on their "waiting list" for some time now but still no news. Anyway the tech stack behind their web platform doesn't really project confidence to me though, although they might have super-genius-fund-manager~
Steven7
post Apr 25 2017, 01:35 PM

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QUOTE(T231H @ Apr 25 2017, 01:33 PM)
hmm.gif what do you refer that to? do you mean FSM SG has fund manager?
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Nono, my bad due to poor choice of words. I meant the tech team + portfolio manager + whoever responsible in devising the robo-advisory platform
Steven7
post Apr 25 2017, 01:40 PM

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BTW sorry for asking to be spoon fed here, but what is going on with the market today. My portfolio value has risen quite a bit since morning.
Steven7
post Apr 25 2017, 01:52 PM

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QUOTE(Ramjade @ Apr 25 2017, 01:44 PM)
1st round of French election over and le pen is not expected tp win. So market is relieved that frexit is not happening. However, there's still 2nd round and she's still in the race whistling.gif

Trump said tax reform coming soon. So market is happy that he is going to keep his words by cutting tax and increase infrastructure spending.
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Oh thanks for the information!

QUOTE(T231H @ Apr 25 2017, 01:46 PM)
hmm.gif interesting....
markets movement today will affected your portfolio value since this morning..... rclxub.gif  confused.gif

i thought true NAVs will be known a day or days later  sad.gif
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Huh, that's what I saw on my dashboard (FSM SG tho). My portfolio value has increased almost 1% just today compared to yesterday (and yes I login every day..bad habit I know)
Steven7
post Apr 28 2017, 02:53 PM

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QUOTE(Ramjade @ Apr 28 2017, 02:39 PM)
Anyone wants to buy ifast? Get cashback from all your service charge + platform fees devil.gif
http://www.theedgemarkets.com.sg/ifast-say...-administration

ifast says thank you for the contribution. biggrin.gif thumbup.gif tongue.gif
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Damn it! I wanted to buy iFast about 2 weeks ago and FSM SG told me their SGX live trading is still down so I gave up.

P/S I wanted all my investments to be in one place else I would've open a DBS Vickers and buy iFast there
Steven7
post May 3 2017, 06:13 PM

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Hey how do I check when will the income distributions for Titanic fund be reinvested? Just dislike looking at red number on my portfolio tongue.gif

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