Transaction for next week:

1) Add MYR 1,000.00 to IDS (Test market dulu)

2) DCA MYR 500.00 to Tech fund

3) Sell all Selina RM 40K to transfer to Manureits ( One year holding = profit 3.XX%      )

4) Add MYR 15K to RHB EMB.

Xuzen

what's up with everyone expecting the Doom and gloom and preparing for it. when shit hits the fan money will turn to shit. worthless than the paper it's printed on and food shortages all over the country. case to point Venezuela.

listen folks. just do whatever you can with your current situation and optimize your finances to the maximum. control the controllable.

if you can top up 100k, 950 is nothing to you. lol. trust me once you are up there you won't bother with small service  charges

bad start of the week, most of my holdings suddenly drop and changed to red color

DCA 

I think for the past one year, it has been bull all the way. Those who were waiting for a 20% drop, will have to accept a 4% FD rate because they were holding cash and waiting and waiting and waiting.

While those who enter even DCA slowly have been laughing to the bank (double digit return is quite normal for the past one year).

Xuzen

I don't know lah Do you have a timeline to share with us?

Yar reduce to how many percent ar? Can advise or not?

Xuzen

Since friend besiegetank mentioned that he in a long term investor and to me, the definition of long term is more than 5 years, then why are you, friend, bothered with short term trend? What you say and what you think is contradictory.

Nonetheless, I know people love to listen to story and so I'll tell story today:

There are two periods that are commonly bandied around on when the next PRU will occur.

The first one is in Oct 2017, after the SEA Games. This is one period where the ruling party may use the feel good factor from the SEA Games win to rally the people. Do expect a super people friendly budget in Oct 2017. This period is also just before the start of the year end monsoon season. Flooding in the East Coast area later on the year will make impossible to hold the PRU.

The second date is on March 2018. The last election was held on the 5th of May 2008 and PRU - 14 must be held latest by the 5th of May 2018. Hence, March 2018 is most likely as it coincide with the school holiday. The Election Commission must use the empty school halls to conduct the election, hence it is natural to think that the next best date to hold the election will be in March 2018.

With regards to Malaysia exposure; the latest Algozen™ ver four reading recommends Malaysia exposure at 15%. Those who are pro towards the pre election rally narrative may consider lump sum to take advantage of it. Those who are not sure, or those who likes to play safe, like myself, will DCA into it.

Xuzen

Sounds like a contradiction.

So which is the best among the 5 ? I hold RHB Asian Income Fund for about a year, return is about 9.75%, consider good for the fund class.

There is no pattern before and after.

Crisis or Not

FSM tells you timing does not matter...

Hi all sifus,

I'm about to make my first unit trust investment, probably from fundsupermart. While studying, found this thing called FSM Managed Portofolio. To me it looks like... unit trust of unit trust? lol, looks funny to me since it is in fact another layer of "distributor" from stock market. What do you think about this feature?

Edit:
Instead of using managed portofolio. What if:
1. One just switch around based on FSM reccomended UT? OR
2. Put minimum amount in managed portofolio, then create your big account, that do 100% mirror of managed portofolio? ( yeah there will be switching fee )

Assuming the investor want minimum monitoring, but still earn steady by diversification.

So to make things clear:

1. Disregard the relative strength of any market because any out-performance/under-performance is relative. The entire world is in recovery mode, which is well indicated by the Copper price up-trend

2. You never know what the general result of the market would be, and if people would over-weight on which side; so never overweight on one side in your portfolio. Invest broadly in US, global, Asia Pacific, and China funds, and re-balance periodically to "trap the running mouse"

3. Pick those of good Sharpe ratio from each category as they are the best bet you could place

4. Do not forget fixed-income and bonds, you may keep a 90% equity from early this year because of the positive equity outlook. But as equity is bullish for some time already, you can gradually enlarge your fixed-income instrument by switching equity funds over. Next quarter to 15%, then slowly to 40% after n quarters

5. You have the rights to make independent judgment on which market to overweight on, also on which type equity/fixed-income to be overweight on. Market insights of major institutions (Russells, JP Morgan, Credit Suisse, etc.) could be a good guide

All the best! We want to compound our money so we are all friends. Good luck