Are you really that confident about the rest of the year? You don't think the trade war will get worse?

My portfolio is down by 30k this month. Would have been worse if I hadn't sold down earlier.

People do advise you to rebalance after all. I don't think anyone advises you to buy a fund and hold it forever and do nothing at all. Last year was a pretty fantastic year for me. Since I suspected that this is going to be a very volatile year, it made sense for me to sell down to preserve my gains from last year. Of course I still lost money because I don't believe in selling out completely as no one can completely predict market, just shift more equities to fixed income funds and cash funds.

I don't think it's wrong of me to do so, but I'm willing to listen to other opinions.

So when does it stop being a correction and start being a crisis?

Curious about this as well. But is the minimum buy really RM10,000 or RM250,000? Huge difference!

I think what is important is whether or not anyone has experienced any payment defaults / delays before with directly owned bonds as that is always possible if the issuing company gets into financial difficulties.

But annual management fees of about 1% means that it's not really an index tracker. Even a quick look at its facesheet reveals that it doesn't track the KLCI very well. Instead it's just like every other fund that tries to outperform the KLCI and charges the appropriate management fee for this "alpha".

I think you mean no signs of recovery? Actually I think January was a pretty good month. Only started to really drop for me in February. I think it's going to be a while yet as the trade war fears will get worse before it gets better.

Thanks for this update. I have been considering this due to the hassle of manually having to rebalance, but it looks like I'm better off on my own.

Does anyone have any information on whether FSM has any provisions for nominating a beneficiary or something in the event of the fundholder's death like with EPF?

Yeah, my China funds are really bleeding. FSM has after all been heavily promoting China funds over the past couple of years. Oops.

Basically mostly Malaysia plus a little bit of US, that's all? That's unusual.

This post has been edited by wankongyew: Sep 28 2018, 09:36 AM

I hate this waiting period. Not a real crash but not a good market either. Holding so much cash at the moment. Don't know what to do with it.

Markets recovering a bit. Take the chance to cash out or hope that recovery continues?

Not really under water though, and if you expect worse to come, this might be a good opportunity to get out. Just wondering what most people here think. Is this just a temporary reprieve before things get worse or a resumption of the bull market?

FSM wants us to buy China equities. Good idea or not?

Can anyone recommend a fund that focuses on non-Ringgit denominated bonds?

Rebound because expected interest rate drop. I hate this kind of thing. I'm going to sell some if the rebound is significant enough. Very nervous market.

FSM keep promoting retail bonds to me. Anyone has experience in them? Are there defaults?

Would like to hear opinions on adding more investment into FSM as opposed to a lower cost platform like StashAway. (Note: I don't actually have any money in StashAway at the moment but I'm considering it.)