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

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whirlwind
post Aug 11 2020, 05:41 PM

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Gold hastens retreat, dips below US$2,000 on firm dollar
https://www.thestar.com.my/business/busines...dollar#cxrecs_s

There goes my Precious Metal Securities
whirlwind
post Aug 11 2020, 05:53 PM

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QUOTE(WhitE LighteR @ Aug 11 2020, 05:47 PM)
This is the time to test your mettle
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Switch? Wait?

Normally how many days does it take to switch fund? 2 days?
whirlwind
post Aug 11 2020, 06:05 PM

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QUOTE(GrumpyNooby @ Aug 11 2020, 05:54 PM)
Switch to another fund under same fund house is faster than inter-fund house switching.
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Yup, was thinking to switch to AmBond or AmDynamic Bond
whirlwind
post Aug 11 2020, 06:11 PM

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QUOTE(WhitE LighteR @ Aug 11 2020, 06:04 PM)
i gave it about 1 week altogther usually. actual time defer a little from fund to fund.
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That’s looooonnnnnggg, I guess I’ll give myself abit more time. If by Friday, it continues to slide down further, I’ll switch
whirlwind
post Aug 11 2020, 06:37 PM

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Principal Greater China Equity Fund drop a whopping 1.2770 to 1.1710

I almost had a heart attack!
whirlwind
post Aug 11 2020, 06:46 PM

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QUOTE(GrumpyNooby @ Aug 11 2020, 06:39 PM)
It just declared at distribution.

Principal Greater China Equity Fund - MYR MYR 0.099232 per unit MYR 0.099232 per unit Aug 7, 2020

Ex-date is 7/8/2020
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Phewwww....I thought I’m gonna stop investing in UT after less than a month

Gonna take note on the distribution date for my other funds before I really got a heart attack

This post has been edited by whirlwind: Aug 11 2020, 06:47 PM
whirlwind
post Aug 12 2020, 12:40 PM

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I’m currently planning to change/fine tune my funds. Do comment since I’m still new in UT

30% principal islamic lifetime enhanced sukuk fund - switch 15% to principal global titans fund
15% principal greater china equity fund
15% affin hwang aiiman balanced fund - redeem and distribute to my other funds
15% eastspring investments small-cap fund
15% precious metals securities - switch all to Ambond (lost my balls, hahaha, too scary but will consider to switch back)
whirlwind
post Aug 12 2020, 01:22 PM

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QUOTE(MUM @ Aug 12 2020, 01:03 PM)
Then you will hv
15% in principal enhanced sukuk +3%
15% in ambond +3%

15% in global titan +3%
15% in greater china+3%
15%in ei small cap+3%
This +3% is from Affin balanced fund
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Yup, any comment?
whirlwind
post Aug 12 2020, 01:28 PM

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QUOTE(citymetro @ Aug 12 2020, 01:06 PM)
Was this decision to switch based on the falling gold price?  sweat.gif
I am still holding to RHB Gold and General Fund and I am sitting tight ... very ucomfortably tight..  whistling.gif
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Yup, predicting that it will continue to slide down. Invested at first because there’s many speculation gold might even reach 3k
whirlwind
post Aug 13 2020, 12:46 PM

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My total profit percentage dropped from 3+% to now 0+% 😭

Did I start investing at the wrong time.....
whirlwind
post Aug 13 2020, 09:50 PM

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QUOTE(GrumpyNooby @ Aug 13 2020, 07:02 PM)
Wow, Principal Greater China dropped a lot yesterday:

From 1.1728 to 1.1576 (-1.29%)
*
🙁

I read this:

China’s days as world’s factory are over, iPhone maker says
https://www.thestar.com.my/tech/tech-news/2...r-says#cxrecs_s

This post has been edited by whirlwind: Aug 13 2020, 09:51 PM
whirlwind
post Aug 14 2020, 07:45 AM

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QUOTE(rojakwhacker @ Aug 14 2020, 07:21 AM)
This will affected all the unit trust fund related to it and the NAV will drop in this few weeks, correct? Is good time to invest?
*
I don’t dca
Using available fund and invest lump sum

🙁
whirlwind
post Aug 14 2020, 08:02 AM

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QUOTE(rojakwhacker @ Aug 14 2020, 07:54 AM)
Thanks, was trying to figure when to invest.
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If you dca, shouldn’t be a problem right?

Like me now I’m praying that the fund will climb up back or I risk by switching
whirlwind
post Aug 14 2020, 08:49 AM

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QUOTE(rojakwhacker @ Aug 14 2020, 08:10 AM)
Alright, patient to wait for long term is the answer right.
I plan to do lump sum in small amount to test out first.
*
Good luck! The best was 4 months ago according to most of the UT charts but I don’t think so it’s easy to predict a good time. For me, I predicted when covid is under control then the market will start to climb but I was wrong, It starts even earlier
whirlwind
post Aug 14 2020, 10:03 AM

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QUOTE(rojakwhacker @ Aug 14 2020, 09:47 AM)
Assume the question to me, yet to find out which fund related to the company yet. As my capital is small, i need to research which fund to allocate to it first as it is for long term. One of the fund that i am looking at now is the precious metal securities.
*
This is a very scary fund
Invest recently and the fund went down, now I already requested to switch. I don’t even dare to hold on to it
whirlwind
post Aug 14 2020, 10:07 AM

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QUOTE(monkey9926 @ Aug 14 2020, 08:52 AM)
if u cant get the all 40% rise, if u still can get 20-30%. still good news.
*
I started less than a month ago
The fund managed to climb to 3+% and today its (-)
🙁
whirlwind
post Aug 14 2020, 10:28 AM

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QUOTE(YoungMan @ Aug 14 2020, 10:23 AM)
Precious metal is a mining fund. You came at a time when gold is sky high I believe, but no one know if gold will go even higher or drop. If you cannot tahan this kind of pressure please stay away and invest in a moderate risk fund.
You can DCA during the drop, in a small amount. Don't put all in. Remember we cannot time market most of the time.
*
Noted, switch to a FI
Gonna slowly recover the losses

I don’t dca, using epf fund to invest lump sum
whirlwind
post Aug 14 2020, 10:40 AM

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QUOTE(GrumpyNooby @ Aug 14 2020, 10:32 AM)
I'm a little surprised to see Precious Metal Securities is an EPF-MIS approved fund.  blink.gif
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Yup, I was happy to find out this fund is available when it’s climbing up bullishly and hit higher than 2k. After reading speculation that it might continue to 3k, I invested thinking that this would be my opportunity. Well.....something that beginner like me have to experience
whirlwind
post Aug 14 2020, 10:53 AM

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https://www.thestar.com.my/business/busines...imulus#cxrecs_s

Stocks fall with eyes on US stimulus
whirlwind
post Aug 14 2020, 12:30 PM

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QUOTE(GrumpyNooby @ Aug 14 2020, 12:07 PM)
Economy shrinks 17.1% in 2Q, weakest since 1998

user posted image

https://www.thestar.com.my/business/busines...kest-since-1998

BNM: 2020 GDP forecast revised to between -3.5% and -5.5%
https://www.theedgemarkets.com/article/bnm-...tween-35-and-55

BNM: GDP expected to improve to between 5.5% and 8% in 2021
https://www.theedgemarkets.com/article/bnm-...n-55-and-8-2021
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Brace for impact?

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