After fpx, status = pending, payment method = cheque, is this common ?
and may i know what is cash account for?

erm ...vca for ?

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:42 PM

i start by sorting them by performance, 1 year, 6m, 3m, 1m

i compare them relative to the funds within the same sector or region

i elimate the others.

then i select those with the best sharpe ratio

keep in mind, this is just for me. coz i prioritize short to medium time frame fund performance with least amount of volatility. Hence the criteria above.

thank you for the valuable sharing

What’s next in your opinion?

common. they need time to process it. the system wont immediately change status after u make the payment. dont worry. only worry if tomoro u wake up and the status still the same.

cash account is a more liquid version of rhb cash management 2. the later needs T+2 days to liquidate and there is a minimum amount to withdraw and maintain. The former have non of this limitation plus same day withdrawal but return lower interest compare to the later.

vca is like dca, but u increase the amount invested, the lower the fund price goes. dca just does it within regular interval and amount.

u can google the 2 concept. its quite well documented

This post has been edited by WhitE LighteR: Jul 29 2020, 11:06 PM

Thank you for the info


This post has been edited by no6: Jul 29 2020, 11:05 PM

I almost same with u but i judge by 3 n 5 year.
After that check calendar year return.
Finally is short term like ytd, 1 week, 1 month,.......
If still no choice baru tengok volatility. 😝😝😝😝

Maybe because of the 1.1% interest

honestly, i wont pretend to know the future. really. no one can in my opinion. u see the news, analyst blow water every time trying to explain why something happens. no one can predict anything. this year alone, got forest fire, pandemic, new cold war with china, whole tourism industry died, gold all time high, nasdaq 100 all time high, and its not even Q3 yet!

learn something new ... value cost averaging

i dont see any indicator or price action lower than 1 month.

i give the fund freedom of movement within 1 month period. i think that is quite short already. anything lower than that, i would consider like stock trading already.

volatility is important for me because i wan the fund to be relatively stable so i can make my decision with peace of mind.

so i value lower std dev fund with low downside deviation.

having said that, i do have a few funds that dont act like this. kenanga growth opportunity and precious metals.

but they make up for it with very high returns, thus giving them a high sharpe ratio.

just to save u some time.

i will share with u my own experince with vca.

fund selection is important for vca. u need to find a fund that is stable and doesnt have high downside average.

if u do vca with a fund with high downside average (drop like stone punya pullback), and it suddenly drop 50% over a period of 1 month like what happened in March, u wont have enough money to vca. Then it will just be pointless. VCA and DCA requires u to be consistent. VCA also needs u to have deep pockets.

VCA needs u to have a set rule when to top up.

This post has been edited by WhitE LighteR: Jul 29 2020, 11:23 PM

does this mean need to vca 50% of the fund size if there is a drop like stone ? or you have a specific of sop to follow

U can make your own rules for vca.

Example, if fund drop every 10%, add 1000, drop 20%, add 2000

Or more classic albeit complicated way to do vca is by target value n adjust the amount based on how far the actual price to target is.

For most people, DCA is easier.

great way of vca ... will keep that in mind

Let us catch them all

i notice some funds 0 sales fee but got redemption fee.
the redemption fee on the selling amount or buying amount?

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:43 PM