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

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GrumpyNooby
post Nov 13 2020, 01:31 PM

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WhitE LighteR
post Nov 13 2020, 01:33 PM

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QUOTE(whirlwind @ Nov 13 2020, 12:23 PM)
2 days ago due to China clamp down on China tech
But today πŸ€·β€β™‚οΈ
πŸ˜…
That’s gonna be hard
*
U don't need to react to every news. The direction is always up. Pick a good fund n just look for buying opportunity.
whirlwind
post Nov 13 2020, 01:45 PM

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QUOTE(T231H @ Nov 13 2020, 12:25 PM)
yes, especially when you took out money from EPF to invest
*
First time investing in UT
No experience in stocks or any form of similar kind of investment

Many advise saying UT should be a long term one
I’ll experience till next year and see how it goes



GrumpyNooby
post Nov 13 2020, 01:46 PM

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whirlwind
post Nov 13 2020, 01:52 PM

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QUOTE(polarzbearz @ Nov 13 2020, 12:37 PM)
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.
*
πŸ‘Œ
I thought I need to update myself with business news
That’s why reading business everyday and look at the fund performance πŸ˜…

QUOTE(WhitE LighteR @ Nov 13 2020, 01:33 PM)
U don't need to react to every news. The direction is always up. Pick a good fund n just look for buying opportunity.
*
πŸ‘Œ
I still not sure whether my funds are ok or not
All are equities
Consist of Greater China, Asia, Global and Malaysia Small Cap
whirlwind
post Nov 13 2020, 01:54 PM

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QUOTE(GrumpyNooby @ Nov 13 2020, 01:46 PM)
Yes it is meant for long term but you're being affected emotionally in short term.
Irony I would say ...Β  dry.gif
*
Adapting myself
Trying to control myself with any short term changes

By the way, principal ASEAN been continuing going up for this month. Fyi

This post has been edited by whirlwind: Nov 13 2020, 01:57 PM
GrumpyNooby
post Nov 13 2020, 01:55 PM

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wongmunkeong
post Nov 13 2020, 01:57 PM

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QUOTE(whirlwind @ Nov 13 2020, 01:45 PM)
First time investing in UT
No experience in stocks or any form of similar kind of investment

Many advise saying UT should be a long term one
I’ll experience till next year and see how it goes
*
bro - long term is about TENS of YEARS... not 1-2 years neh laugh.gif
whirlwind
post Nov 13 2020, 02:01 PM

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QUOTE(GrumpyNooby @ Nov 13 2020, 01:55 PM)
Yet, you're doing it again!
You're like singing Britney Spears song: Ops, I Did It Again!
*
πŸ‘Œ
I better not comment too much or you guys will think I’m a pain in the ass
Hahaha
GrumpyNooby
post Nov 13 2020, 02:02 PM

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whirlwind
post Nov 13 2020, 02:03 PM

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QUOTE(wongmunkeong @ Nov 13 2020, 01:57 PM)
bro - long term is about TENS of YEARS... not 1-2 years neh  laugh.gif
*
πŸ‘Œ
GrumpyNooby
post Nov 13 2020, 02:26 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:26 AM
WhitE LighteR
post Nov 13 2020, 02:28 PM

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QUOTE(whirlwind @ Nov 13 2020, 01:52 PM)
πŸ‘Œ
I thought I need to update myself with business news
That’s why reading business everyday and look at the fund performance πŸ˜…
πŸ‘Œ
I still not sure whether my funds are ok or not
All are equities
Consist of Greater China, Asia, Global and Malaysia Small Cap
*
When looking at news, try to see the emotional aspect of it. How the market react to good new or bad new. Sometimes bad news is good. Learn about how the market reaction to all this n u will learn something most people don't.
ironman16
post Nov 13 2020, 03:01 PM

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QUOTE(GrumpyNooby @ Nov 13 2020, 02:26 PM)
FSM Mobile app got update for Android.
*
Got anything special? 😁😁😁
GrumpyNooby
post Nov 13 2020, 03:02 PM

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ironman16
post Nov 13 2020, 03:21 PM

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QUOTE(GrumpyNooby @ Nov 13 2020, 03:02 PM)
I didn't explore. I just update it only.
*
may b just bug fix only biggrin.gif
GrumpyNooby
post Nov 13 2020, 03:22 PM

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wongmunkeong
post Nov 13 2020, 03:44 PM

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QUOTE(whirlwind @ Nov 13 2020, 02:03 PM)
πŸ‘Œ
*
bro - when U look at short term, U see crazy stuff
iShares Russell 3000 ETF (IWV) which holds 98%+/- of US stocks
user posted image

BUT when U zoom out - whatcha see?
steady climb up with a trip (dang pebble/shoe laces) here/there right?
user posted image

U can look up other ETfs and zoom in/out to get a feel of what U should be focusing on and what NOT to be focusing on
eg. like driving - yes look ahead at the road in front BUT more important focus is getting to the destination, using whatever roads (if immediate road jammed) right?
polarzbearz
post Nov 13 2020, 04:55 PM

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QUOTE(GrumpyNooby @ Nov 13 2020, 01:31 PM)
That's why we have robo-advisor investment to take out the emotion from the equation. biggrin.gif
*
Very true! Robo advisor is basically like auto pilot taking out humans from the equation. We're our worst enemies of gone uncontrolled laugh.gif


QUOTE(wongmunkeong @ Nov 13 2020, 03:44 PM)
bro - when U look at short term, U see crazy stuff
iShares Russell 3000 ETF (IWV) which holds 98%+/- of US stocks
user posted image

BUT when U zoom out - whatcha see?
steady climb up with a trip (dang pebble/shoe laces) here/there right?
user posted image

U can look up other ETfs and zoom in/out to get a feel of what U should be focusing on and what NOT to be focusing on
eg. like driving - yes look ahead at the road in front BUT more important focus is getting to the destination, using whatever roads (if immediate road jammed) right?
*
Well said! Just keep the goal (10-30 years) in mind and sit tight when sailing the sea thumbup.gif
Waves are normal when sailing - there's no rough seas without waves!

GrumpyNooby
post Nov 13 2020, 06:39 PM

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