Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

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

views
     
SUSxander83
post Jan 13 2022, 06:50 PM

Blast off like a rocket
*******
Senior Member
6,427 posts

Joined: Jan 2003
From: Autobiography!!!
QUOTE(MUM @ Jan 13 2022, 12:08 PM)
Not sure abt inverse etf of s&p500 in fsm, but I read fsm mention abt inverse etf (for klci) just few weeks ago in an article titled,
"Want to hedge your portfolio amid market volatility? Consider this inverse ETF"
https://www.fsmone.com.my/etfs/research/art...s-inve?src=etfs
*
Bursa only has inverse ETF for FANG by Tradeplus AHAM but you need to get the certificate from SC before trading leverage or inversely ETF doh.gif

Btw not worth time and money because low liquidity and mostly market maker will artificially control the pricing doh.gif

QUOTE(frankzane @ Jan 13 2022, 02:00 PM)
Ok thanks. May I know what is the consequences of ticking "YES" (tick YES to be safe, even though might not have)?

I only have ONE housing and car loan. Supposedly not qualified for "YES"? tongue.gif
*
Be careful as IRB will have those documents on hand when audit season comes doh.gif
frankzane
post Jan 14 2022, 02:30 PM

On my way
****
Junior Member
664 posts

Joined: Dec 2006


QUOTE(MUM @ Jan 13 2022, 02:14 PM)
"IF" according to this article by BNM
https://www.bnm.gov.my/documents/20124/6036...rency+Asset.pdf

From FSM FAQs
https://www.fsmone.com.my/support/frequentl...tUniqueKey=2665
https://www.bnm.gov.my/fep

not sure about UT trusts or investments with FSM,...but i think i did read in Stashaway thread,....some investors mentioned that they were given British pound currency a/c instead of the usual US currency a/c.,...when they had "ticked" as having domestic ringgit borrowing
*
Ok, thanks.
frankzane
post Jan 19 2022, 01:54 PM

On my way
****
Junior Member
664 posts

Joined: Dec 2006


Hi,

Any idea when will FSMOne come out with the 2022 recommended funds? Thanks.
MUM
post Jan 19 2022, 02:40 PM

10k Club
********
All Stars
14,854 posts

Joined: Mar 2015

QUOTE(frankzane @ Jan 19 2022, 01:54 PM)
Hi,

Any idea when will FSMOne come out with the 2022 recommended funds? Thanks.
*
the recommended funds lists for year 2021/2022 had been published in July 2021
https://www.fsmone.com.my/funds/research/ar...=article-search
thus the recommended funds lists for year 2022/2023 i guess would also be published in around July 2022 too
wkalvin
post Jan 19 2022, 02:54 PM

Getting Started
**
Junior Member
204 posts

Joined: Aug 2009
QUOTE(MUM @ Jan 19 2022, 02:40 PM)
the recommended funds lists for year 2021/2022 had been published in July 2021
https://www.fsmone.com.my/funds/research/ar...=article-search
thus the recommended funds lists for year 2022/2023 i guess would also be published in around July 2022 too
*
Hi MUM,
I have 100k to invest on ETF (such like SP500), if you are me, will you invest through which channel? CIMB/FSM/StashAway/some channel with very low annual fee (complicated, safe?)?
possible for u to advice? tqvm

MUM
post Jan 19 2022, 03:02 PM

10k Club
********
All Stars
14,854 posts

Joined: Mar 2015

QUOTE(wkalvin @ Jan 19 2022, 02:54 PM)
Hi MUM,
I have 100k to invest on ETF (such like SP500), if you are me, will you invest through which channel?  CIMB/FSM/StashAway/some channel with very low annual fee (complicated, safe?)? 
possible for u to advice?  tqvm
*
do you know how to invest in ETFs?
if you don't know, or don't have time to monitor, don't have time or knowledge to study which ETFs to have for your port,...then Stashaway i think it will suits you,...
just that you need to pay them 0.8% 0r 0.7% annual mgmt fees and you have no control on the type of ETFs and allocation selected for you

if you know about ETFs and it investment platforms,...you can try IBKR platforms....it had been mentioned that it is one of the lowest fees platform around....full DIY control

i think FSM maybe will have less options to choose on ETFs and also higher holding cost.
sgh
post Jan 19 2022, 04:38 PM

On my way
****
Junior Member
692 posts

Joined: Nov 2021


QUOTE(MUM @ Jan 19 2022, 03:02 PM)
do you know how to invest in ETFs?
if you don't know, or don't have time to monitor, don't have time or knowledge to study which ETFs to have for your port,...then Stashaway i think it will suits you,...
just that you need to pay them 0.8% 0r 0.7% annual mgmt fees and you have no control on the type of ETFs and allocation selected for you

if you know about ETFs and it investment platforms,...you can try IBKR platforms....it had been mentioned that it is one of the lowest fees platform around....full DIY control

i think FSM maybe will have less options to choose on ETFs and also higher holding cost.
*
Just to add on if one intend to invest in ETF that is NOT listed in US stock exchanges, there are more options to explore besides IBKR. I know moomoo, tigerbroker offer competitive fees for SGX, HKEX etc. May not be cheaper but worth to do some exploration.
wkalvin
post Jan 20 2022, 09:06 AM

Getting Started
**
Junior Member
204 posts

Joined: Aug 2009
QUOTE(MUM @ Jan 19 2022, 03:02 PM)
do you know how to invest in ETFs?
if you don't know, or don't have time to monitor, don't have time or knowledge to study which ETFs to have for your port,...then Stashaway i think it will suits you,...
just that you need to pay them 0.8% 0r 0.7% annual mgmt fees and you have no control on the type of ETFs and allocation selected for you

if you know about ETFs and it investment platforms,...you can try IBKR platforms....it had been mentioned that it is one of the lowest fees platform around....full DIY control

i think FSM maybe will have less options to choose on ETFs and also higher holding cost.
*
Thanks MUM
wkalvin
post Jan 20 2022, 09:09 AM

Getting Started
**
Junior Member
204 posts

Joined: Aug 2009
QUOTE(sgh @ Jan 19 2022, 04:38 PM)
Just to add on if one intend to invest in ETF that is NOT listed in US stock exchanges, there are more options to explore besides IBKR. I know moomoo, tigerbroker offer competitive fees for SGX, HKEX etc. May not be cheaper but worth to do some exploration.
*
Thanks Sgh but I don't have much time to explore, even IBKR seems too complicated for me
Jitty
post Jan 21 2022, 09:41 AM

Regular
******
Senior Member
1,046 posts

Joined: Nov 2014



QUOTE(MUM @ Jan 19 2022, 03:02 PM)
do you know how to invest in ETFs?
if you don't know, or don't have time to monitor, don't have time or knowledge to study which ETFs to have for your port,...then Stashaway i think it will suits you,...
just that you need to pay them 0.8% 0r 0.7% annual mgmt fees and you have no control on the type of ETFs and allocation selected for you

if you know about ETFs and it investment platforms,...you can try IBKR platforms....it had been mentioned that it is one of the lowest fees platform around....full DIY control

i think FSM maybe will have less options to choose on ETFs and also higher holding cost.
*
good advice biggrin.gif biggrin.gif
yycclin
post Jan 21 2022, 03:13 PM

Getting Started
**
Junior Member
167 posts

Joined: May 2019


Hi Sifu here , may i know what is going on to UT Markets ??
Most of my funds are going down everyday confused.gif sweat.gif
LoTek
post Jan 21 2022, 03:37 PM

Regular
******
Senior Member
1,259 posts

Joined: Jan 2018
QUOTE(yycclin @ Jan 21 2022, 03:13 PM)
Hi Sifu here , may i know what is going on to UT Markets ??
Most of my funds are going down everyday  :confused:  sweat.gif
*
the whole world's equities are coming off the boil...QE winding down, inflation too hot.
sgh
post Jan 21 2022, 03:40 PM

On my way
****
Junior Member
692 posts

Joined: Nov 2021


QUOTE(yycclin @ Jan 21 2022, 03:13 PM)
Hi Sifu here , may i know what is going on to UT Markets ??
Most of my funds are going down everyday  confused.gif  sweat.gif
*
US Nasdaq into correction now (the news I read told me). So all US exchange counters mostly red color. UT that has heavy US exposure will be affected. We experience that from China related last year now this year is US turn. ETF that is US-centric sure also kena red color. Investors who use IBKR for mainly US ETF hit hard I guess.

How long have you got those funds? If not long it is time you fully feel what is correction. I kena a few times in my 20+ years in UT investment. But most of the times over a long period your UT should be in green color unless that fund is really lousy. If you really cannot take it then UT investment is not really your cup of tea. Once it recovers (maybe 6 months to 1 year?) you can sell all off. If sell now sure lose monies.
james.6831
post Jan 21 2022, 04:01 PM

Enthusiast
*****
Junior Member
937 posts

Joined: Apr 2020
my UT fund from Green now all red ha ha ha ha nvm in it for the long run anyway...patience...
jj_jz
post Jan 21 2022, 04:23 PM

Getting Started
**
Junior Member
76 posts

Joined: Aug 2020
if you plan to hold it for long run, you should take this as opportunity to rebalance your portfolio or topup. btw i understand red red really affect emotion alot hahaha
sgh
post Jan 21 2022, 04:39 PM

On my way
****
Junior Member
692 posts

Joined: Nov 2021


QUOTE(jj_jz @ Jan 21 2022, 04:23 PM)
if you plan to hold it for long run, you should take this as opportunity to rebalance your portfolio or topup. btw i understand red red really affect emotion alot hahaha
*
The very first time I kena many many years ago really very depressing and I actually sell some to cut loss can you all believe it? The second time I am smarter I hold but I control the amount and frequency I used to DCA in.

But one good thing for correction is because sometimes I hold 2 funds that is in the same geography/sector I observe how steep fund123 and fund456 drop and vice versa how fast they climb up. Then I will exit one of them once correction is so called out of the way. It is only in a bear market we see how each fund manager "true" skills is at picking stocks.

Someone may ask why buy 2 funds in same geography/sector correct? In my early age no monies so can only have 1 fund. But later stage of life more monies so more adventurous. Why stick to 1 fund, who knows the other competing fund also better? So I invest in both (amount is same as previous but split into 2 parts) and see who perform better. Not sure if this really can make more monies just my own simplistic thinking but when correction occurs and go away very easy to spot which fund to retain and which to sell. So far I keep to at most 2 funds of same geography/sector not thinking of going for 3 or even 4 which is overkill and too much wait I cannot digest diarrhea.
SUSxander83
post Jan 22 2022, 04:21 AM

Blast off like a rocket
*******
Senior Member
6,427 posts

Joined: Jan 2003
From: Autobiography!!!
QUOTE(sgh @ Jan 21 2022, 03:40 PM)
US Nasdaq into correction now (the news I read told me). So all US exchange counters mostly red color. UT that has heavy US exposure will be affected. We experience that from China related last year now this year is US turn. ETF that is US-centric sure also kena red color. Investors who use IBKR for mainly US ETF hit hard I guess.

How long have you got those funds? If not long it is time you fully feel what is correction. I kena a few times in my 20+ years in UT investment. But most of the times over a long period your UT should be in green color unless that fund is really lousy. If you really cannot take it then UT investment is not really your cup of tea. Once it recovers (maybe 6 months to 1 year?) you can sell all off. If sell now sure lose monies.
*
By the time read the news it already happening since after Xmas which started the correction only everyone being delusional about it doh.gif

It is only affecting Tech and small caps the most because lending rate gonna rise soon which is buying opportunity as always to add some rclxms.gif
mois
post Jan 22 2022, 09:04 AM

Enemy Territory
*******
Senior Member
3,625 posts

Joined: Nov 2007
From: Hornbill land



QUOTE(xander83 @ Jan 22 2022, 04:21 AM)
By the time read the news it already happening since after Xmas which started the correction only everyone being delusional about it  doh.gif

It is only affecting Tech and small caps the most because lending rate gonna rise soon which is buying opportunity as always to add some  rclxms.gif
*
If want add some, at least wait until they wipe 2021 gain first. If keep DCA for every dip, sooner or later no money buy in already.

Wiping 2021 gain, meaning wipe all the gain since March 2020.
MUM
post Jan 22 2022, 09:44 AM

10k Club
********
All Stars
14,854 posts

Joined: Mar 2015

some funds had their performance BADDER since Mar 2020


Attached thumbnail(s)
Attached Image
sgh
post Jan 22 2022, 01:06 PM

On my way
****
Junior Member
692 posts

Joined: Nov 2021


QUOTE(xander83 @ Jan 22 2022, 04:21 AM)
By the time read the news it already happening since after Xmas which started the correction only everyone being delusional about it  doh.gif

It is only affecting Tech and small caps the most because lending rate gonna rise soon which is buying opportunity as always to add some  rclxms.gif
*
I think the definition of a correction I read is about 10% so Xmas may not be defined as such so everyone thought it is just your typical blip on radar.

I don't think it is only affecting tech and small cap basically any stock that is US or even Europe is hit. I got both US and Europe and non-tech in funds all kena. Only diff is how red is the colour.

Not ending at 10% I read may go down further to 20% so wait to decide at the 20% mark.

1553 Pages « < 1468 1469 1470 1471 1472 > » Top
 

Change to:
| Lo-Fi Version
0.0371sec    0.64    6 queries    GZIP Disabled
Time is now: 28th November 2025 - 09:36 PM