SGX use DBS Vickers cash upfront and Maybank KE prefunded (no maintenance fee). Using cash upfront/prefunded because I am cheapskate to pay extra SGD7-10. POEMS for SG UT as there's a maintenance fee for shares bought by POEMS. If you use cash account for POEMS, no maintenance fee but you pay SGF25/transaction vs SGD10 (promo for cash upfront. Normal price SGD18)

This post has been edited by Ramjade: Apr 14 2017, 01:09 PM

Ask dasecret she subscribe to MAPS in FSM SG. But need to keep in mind, FSM SG havr more funds than what FSM MY have.

If they can do a better job than you?
MAPS is just optional. You can opt in for MAPS if you want. You don't want, then you buy like normal.

This post has been edited by Ramjade: Apr 14 2017, 11:33 PM

Don't worry it's optional. If you decide to use MAPS, you pay higher platform fees.

I don't need wrap account also can switch here and there *FSM SG/POEMS SG*

As what T231H said. You can even start from RM100

Amasia Reits. If you asked me, it's a rather useless fund.

Avangelice, Xuzen
Local bond funds paying <promo FD rates are useless too IMO. Eg promo FD rates giving 4.x% and local bond funds giving 3.x%. That's useless.
Come come. I don't say something is useless without proof

13/3/2017
Amasia reits = 0.52%
Manulife AP reits = 1.95%

17/4/2017
Amasia reits = 3.73%
Manulife AP reits = 6.76%

I will be providing regular monthly updates

This post has been edited by Ramjade: Apr 17 2017, 09:17 AM

That's why I will be providing monthly regular update until I decide to sell it off.

Think of wrap account like FSM SG where you pay platform fees (I think 1%pa? The more money you have inside, the higher the charge) But unlike FSM SG where you don't need to pay service charge, this still need to pay service charge. Both of them (FSM MY wrap account & FSM SG normal account) let you switch freely.

Because he wants to cabut at moment notice.

You can ignore that 0.2%as it's already included in the NAV

Yes.

Er rather not. Sorry.

I have FSM MY. Was thinking between FSM SG/POEMS SG/Dollardex. Decide to go with POEMS SG as I don't like paying unnecessarily for platform fees as every cent/dollar save = more money for investment. Platform fees is basically an excuse to suck extra money from you. FSM SG is the only one out of the 3 which charge platform fees
FSM SG 0% Service charge + 0.4%pa platform fees
POEMS SG 0% service charge + 0% platform fees
Dollardex 0% service charge + 0% platform fees + ~0.25% pa trailer fees (which they said already counted into the NAV.)

I already did a calculation showing that SC at 0.75% and 1% (this was the service charge by POEMS SG (0.75%)and Dollardex (1%) before they decide to cancel the service charge to bring the fight to FSM SG) vs FSM SG 0.4% platform fees and the service charge is way cheaper than paying for annual platform fees.

This is because you are paying a one time charge vs recurring annual charges. People never miss what's small. Hence it's easier to suck/siphon off small amount every year.

This post has been edited by Ramjade: Apr 17 2017, 02:14 PM

I didn't ask people to follow me. First if I post up my portfolio, people will know how much I have. I rather not have that. How is that possible? I am holding some fund which is quite big which means people can know how much I have just by reverse calculating the allocation (by using the %) just based on that one fund alone.

If you want to know, I have both funds reit funds in equal amount. I have been observing the amasia and manulife AP for almost 3 months. From obersevation, Amasia hardly make any gain. If it make losses, it takes a long time to regain back those losses. On the contrary, Manulife have not been stagnant. Even if they make a loss, they recover the loss pretty quickly.
So you tell me is amasia useless or not? I know xuzen supports amasia and you support xuzen but you don't need to support a fund which is barely moving. I always say support your money.

If you are talking about platform fees, they can just google the company and see whether I am speaking the truth or not.

People asked about platform fees so I told them the truth. Numbers don't lie.

This post has been edited by Ramjade: Apr 17 2017, 02:38 PM

Was writing that down then I realise by writing that down, I expose myself to how much I have. Remember I have United Asian HY bond fund which is min RM10k. So by giving % of my fund, people who rajin can reserve calculate it.

Nobody gives a shit? This is online world. Everyone is interested in your money. 1st rule of posting things online, never put personal identifiable info online.

Sell if it reaches your desire level of profit. You can sell the whole thing or sell the profit only. Me I am selling everything as I withdrawing out everything and shift to SG UT.

This post has been edited by Ramjade: Apr 17 2017, 02:48 PM

Hello? Apparently you don't keep up with online security do you? If say there's a uncle/auntie with RM3M (what he shows which means he will have more). He tries to keep things anonymous but he lets slip a few stuff online. Bad people will target his family members for blackmailing/kidnapping. One good eg. Eugene Kaspersky son (Eugene Kaspersky is the boss of Kaspersky antivirus company) was kidnapped after his sons posted some identifiable info on social media. Kidnapper demand few million from him.
Ok. Let's not go so far. Let's take a look at Malaysia. Even if you are not rich, people still want to kidnap you.

Sorry. If you don't don't value your privacy so be it. I do.

I answered her question. Please elaborate where did I post falsehood?

This post has been edited by Ramjade: Apr 17 2017, 03:48 PM

Sorry I am clean. I don't receive donations

Yes. Won't accept money but fund is operating as normal. You can add more money into the fund via RSP. Manual topup is close but not RSP.

No problem. But I rather be cautious than careless.

Yes I have both. But I am planning to migrate my FSM MY to POEMS SG. Of course it's much more cost saving. 0% service charge + 0% platform fees + 0% switching fees, what more can you ask

Note:
I haven't buy anything from POEMS SG yet but I have already drafted out what to buy and my allocation for it. Reason for not buying yet:
1) FSM MY profit haven't reach my desired level. So I have't sell anything yet. Yes I am greedy.
2) No money to buy as my money is used to buy Singapore counters (need to generate some SGD). Will only use money allocated for FSM MY to buy using POEMS SG
3) Everything seems so expensive now.
4) My allocation will be based on this http://www.turtleinvestor.net/asset-allocation/ with some slight modification which include JP small caps, no reits for me as I am holding S-reits myself.

Strategy
1) Sell off FSM MY once personal target is reach one fund at a time.
2) Keep money in Maybank eGIA-i/Amanah saham (they have online system now so can park money there instead of driving to the bank) until SGD exchange is favorable. Withdraw for exchange. Unless real crisis happen then will just TT my money over.
3) Make my x annual trip to SG with max money allowed to bring and deposit in CDM.
4) I can park the money in bond fund first and switch to any of equity fund that I want to buy as switching is FOC.
5) Buy using data from FSM SG. Yes I admit their interface + data is the best compare to POEMS SG/Dollardex.

A very good argument about whether a SG UT can yield more money vs MY UT using same amount of money.
https://forum.lowyat.net/index.php?showtopi...post&p=84336206
https://forum.lowyat.net/index.php?showtopi...post&p=84356440

I support Airbnb as they make it cheaper for people to travel. Something which the hotels don't like. Well it's my money. If someone can give me a better deal than hotel I will take it. If they can even offer better deal than Airbnb so be it
Well FSM was good. I believed they are the one which cause the likes of Dollardex/POEMS to appear? If you can't keep up with competition, you will fade away even if you are the pioneer. That's how capitalist work.

As long as they have customers like Auntie, FSM SG won't die

Nah. That won't share. Nobody may want to kidnap him but people might be interested in his grandparents/siblings, future wife/kids especially if someone keep track of that person and decide to launch a kidnap once they are on vacation. One can never be too safe with so many foreigners + syndicates operating in Malaysia.

How do you think people's house get broken into? One of the reason they went and post it all online saying they are going away on holiday for x days People post it on forums/blogs/FB/instagram.

This post has been edited by Ramjade: Apr 17 2017, 04:33 PM

Itu dia. That's why auntie is right

Hahaha. You can keep guessing. Let me tell you the truth. Less than RM50k. You follow my post?

Itu dia. Reveal my % of United Aia HY bond, can recalculate everything liao.