While speaking of more stable funds, was thinking of relocating my emergency monies (previously parked in FD then moved to SA Simple) to a bond fund-

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYRHBBOF

Thoughts guys? I'm turning 30 next year and don't really need this lump of monies to be liquid as FD (instant withdrawal) for emergencies realistically (families can always fork out cash in advance). UT's generally take up a few days for withdrawal anyway, and since Simple has downgraded their expected returns from 2.4%*, RHB Bond Fund seems like an excellent alternative to park these funds there. Plus, withdrawal from FSM for this particular fund seems faster than SA Simple anyway.

Currently my portfolios include:

FSM- TA Global, AmChina A-shares
Stashaway- 30% RI.

just a note...this RHB Bond Fund
has this Redemption Fee
Redemption fee: Redeem on or before 1st year is 1.00% of the Repurchase Price per Unit; no redemption fee after the 1st year. (Borne by Investor)

this RHB Bond fund can have NEGATIVE returns when you need it during emergency.....

This post has been edited by MUM: Nov 12 2020, 09:31 PM


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RHB bond fund not so good ones, the most welcome right now is Amanahraya Syariah Trust

Hi.. anybody knows if FSM Malaysia plan to have a trading stock platform? Like what FSM SG is offering.. can invest in overseas stocks

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:25 AM

I meant sell it off entirely to get back capital and profits.
good point about the latter sentence though

let FSM earns a bit not like there are others place we can buy bond fund with 0.00 sale charge and no platform fee also

Yup not easy
I’m still not giving up
I believed with sufficient experience and perseverance UT will be able to provide a better return

Not as bad as yesterday
Let’s see tomorrow

Just after I switched my Affin Hwang Asia Pacific balance fund to affin hwang select asia ex japan dividend fund, it’s going down

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:25 AM

Asia also drop when US drop🙁

Asian stocks dip as virus spread tamps vaccine hopes
https://www.theedgemarkets.com/article/asia...s-vaccine-hopes

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:25 AM

Markets seems to be sagging ...Biden not ushering market confidence ?

biden wont come into power until Jan 2021

until then the market has likely priced in his win

the euphoria of the vaccine is also coming down.

no good news to prop up the market and also its almost year end. activity usually starts to die down around this time till end of dec. maybe in dec will hav some kind of santa rally, maybe.

guys maybe not related to FSM but where do you get your news for global markets ? My go to sources now all paywalled like bloomberg, marketwatch. Anywhere else ?

One thing that might help - is to stop looking at news (contradictory I know)

Maybe then won't feel as worried and let emotions take control of your investment.

Bloomberg Youtube is free.

2 days ago due to China clamp down on China tech
But today 🤷‍♂️

😅
That’s gonna be hard

yes, especially when you took out money from EPF to invest

Nothing is easy. Since you've decided to use EPF fund to invest, just stick around and stop looking at news and continously switching funds. Even if returns don't kill you the switching fees (if any) will. Revisit your portfolio half a year (or a year, or two) later and decide if rebalance is needed or if direction change is required.

Emotions and Investment don't work well together.