To keep things in perspective...





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Depends. One can see it any number of ways. But there's no guarantee it's not going to go lower.

I would describe this chart as showing a fund where the management style is completely devoid of "capital preservation" and "defensive strategies".

However, it is a good fund for "speculation" and "market timing".

I would say AVOID. But it's your choice.

Most of it is due to Trump.

F... Trump.

Since the trade war started, things have been trending downhill.

I'm expecting bear markets for Trump's current term, at least.

Things will be better if they impeach him, or throw him out at the next election.

Things will not improve until we get a sane person in the White House.

Not sure about the new Chart Centre.

Too cluttered.

Daily Fund Prices not available? Singapore site has it.

Still a work in progress?

Yes, that's an option, but I suspect they would probably include the Daily price soon.

In the meantime, while you are there:

- how did you figure out what XML.Open "POST" URL should be? by tracing?
- so you need to request a SSL token first, and then include the token in get-factsheet request? This is a POST and not a GET?
- XML.Open "POST".. this is just a "http post"? or more than that?
- how did you work out what the API calls are? by tracing? Don't tell me it's published

No, it's not the best way. It can even be a really lousy way.

For Cost Averaging to be profitable, it depends on the average-cost in future to be higher than the average-cost today.

Or put it another way, if you look at the fund performance chart, it should trend upwards over time, given a few up/down blip every now and then, but the general trend should be upwards.

But many funds do not achieve this. Quite a number are negative over time, and others barely keep their head above water, on average. Hence, the common impression that the return is around FD or worse.

When fund agents (and even fund houses) tell you about cost-averaging, they "forgot" to tell you about this particular point - the fund MUST trend upwards over time.

To demonstrate, from the old FSM performance 5-year table, 111 funds are 0-4% returns, and 75 are NEGATIVE returns. Cost averaging is not going to help in these cases.

I haven't come across where the new FSM tables are, but in general, the new website is a backward step.

What are you saying? That if a person is no expert at timing, it is good? That's not the case, as I already pointed out, with examples.

My point is, if it's not already clear, is cost-averaging is not a guarantee because there are pitfalls you need to be aware of.

The DCA way is "regular" and "fixed-amount", by DCA definition.

The point I was making was you should not do DCA in isolation, believing it will work out to be profitable in the end. Because it depends.

You also need to question whether the fund you are DCA'ing is the right one to continue investing in.

Because there are profitable, no-so-profitable, and NOT-profitable funds. So, in addition to DCA, you must also review whether the fund is the correct one for you, and switch if not.

Happening again...

No, not a good idea, yet.

The China-USA tariff negotiation is still on-going and has a deadline of 1st March. If there is no agreement then, tariffs will shoot up to 25% from the 10% now.

Trump just lost the "The Wall" funding battle. So, it is unlikely he will back down on the tariff issue, when he already has a big bruise on his ego.

China is unlikely to back down as well. In addition, China's economic growth has been slowing down, and the tariff war does not help.

Expect more volatility, and I wouldn't put my money into China funds. Not just yet.

My 2 sen.

No, they haven't backed down. They are still negotiating. Otherwise, they would just announce the "back down" agreement now and that's the end of that. You don't lower trade deficit to zero anyway, that's meaningless.

What do you mean by "US tax"? You mean tariffs?

The issue is not just about tariffs and trade imbalance. Otherwise, that's easily solved, as all China has to do is to agree to buy more goods from the US. Which they already did.

The sticking points are about technological "transfers" and "piracy" and these things are not that quickly solved.

Please refrain from kopitiam-style posts.

I was referring to this - "All he cares is how much money he can makes from a deal"? Does that mean he wants to make a profit personally from the current "trade war"?

The truth is usually more complicated, and in kopitiam, I would actually agree. Fck Trump.

But in a Finance forum, let's keep it sensible so we can debate the news and economic reports that are available to arrive at a more informed decision.

The FSM website keeps defaulting to the Update Account Information after you login, and you can't do anything else?

Anyone else got the same problem?

This post has been edited by howszat: Feb 3 2019, 09:33 PM

I had this issue after they upgraded.

Then it was ok, without updating anything.

Then, it's not ok again... haiz.

Anyway, just clicking on the update button seems to fix the problem, thanks.

Whatever the update frequency is, let's hope it's not too frequent.

This post has been edited by howszat: Feb 3 2019, 10:19 PM

Weaken USD?

I've watched those links. Simple answer? Not that simple.

--deleted--

This post has been edited by howszat: Oct 20 2019, 09:03 PM

"RHB Islamic Bond Fund -2.73%" is not reflected in FSM pricing yet.

Where did you get that from?