Cutoff time 11am on 15th Feb

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I am planning to reduce my position in fixed income and be more aggressive to enter into equity fund. Yes, this time ,  I will follow Buffet's sage advise and be hungry when others are fearful.

My target is KGF [ RM 25K ] & Dinasti [ RM 25k ] next month.

Yeah baby, I'm feelin lucky.

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Thinking out loud on Malaysia Bond exposure... my preferred is Asnita Bond and she was my darling when it come to Fixed Income. However, when the USD / MYR play skewed in favour of USD dominance, Asnita and other MYR denominated fixed income became unattractive vis-à-vis foreign currency exposure. That is why Esther Bond as well as other foreign REITs was de-rigeur for the past one year.

Now that the reverse is happening, Asnita once again is the safe haven she was before. I'll exit my Reits position in favour of pure equity as well. I am on a risk-on mode.

Xuzen

Long ago, I have read from an investment book that market is like a garden, not a pie.  You can't expect it to be sunshine and rainbow all the time.  A gardener will have to deal with spring, summer, autumn & winter all year long.  Not all plants would flourish every season, that's a fact (Apart from Ponzi schemes - they flourish in every economic cycle).  Therefore, a good investor (aka gardener) will know that portfolio allocation is essential for survival throughout each economic cycle.

My comments:

To cut loss or to invest more in a dipping market depends on the 1) potential of the market and 2) performance of the the fund itself.

1) If the market drops, it is common that the fund invest in the market drops also.
But if the potential of the market in the future is still bright and the valuation (PER) is still cheap (such as China, Asia Ex Japan), invest more loh.
If no potential (such as REIT) in the near future or the valuation (PER) looks expensive (like Msia, India), dont invest more .

2) if the market did not drop significantly or "flat", but the fund dropped significantly lets say 5% drops more than its peers/ index, it is the time to CUT LOST before it getting worse.
Get IDS as example, compare with Eastspring Small Cap or CIMB Small Cap, FBM Small Cap, IDS drops of -27.4% from the peak is unacceptable, incompatible with its peers, should CUT LOSS before it reach -10%.

It is true that Unit trust is long term investment, but it doesn't mean you buy and hold without monitor or transaction.
When it is time to switch out or switch in, please do so to avoid any further loss or to take profit.
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I invested in UT ~10 years, with IRR as 11.4%  .  (In early years, i was very conservative  , else wise IRR will be much higher)
Over these years, value of my UT investment had reached 105 months of my current salary. With 12% p.a., i am earning 1 full month salary from my UT Investment alone, every month.  Basically, i reached financial freedom.

I would like to say UT is an easy and convenient tools for saving ur monthly salary for retirement purpose/ financial freedom.
Dont give up.