Yklooi will say Algozen™ ver four did not recommend Titanic but instead said to buy TA Tech

Who is this Merrs Neoh?

Oh! Him

I knew about Dynaquest, but I do not know who the founder is. Yeah! I totally agree that Dynaquest is totally legit and has built their street - cred.

Long long time ago, when I was still a stock player, Dynaquest was definitely one of my playbook. That, coipled with the knowledge of fundamental analysis such as DCF model & PER etc that I used them to help me pick my counters.

Nonetheless that was before I became friend with Harry Markowitz and his MPT. Thereafter, I use only HM - MPT to do my investment. Now, I uesd tools such as CAPM, std - dev, corr-coeff et al to do my portfolio modelling.

Xuzen

This post has been edited by xuzen: Oct 22 2017, 12:59 PM

Pokémon style, many overlap = inefficient port.

Go to Morningstar website, key in your UTF in the X-Ray my port function, check out the correlation matrix. See how many have values greater than 0.8. You will then realize what I am talking about.

Xuzen

They obviously do not know about FSM nor eUT.

Xuzen

The video presenter suggested two alternatives to UTF for growing wealth:

1) Set up your own business. Duh! Then that would not be classified as passive income. That would be active income.

2) Buy ETF. If ETF is available and accessible easily like across the causeway, sudah lama gua cabut beli ETF loh! When I say accessible, it include easy availability of essential comparison tools such as Std-Dev, ROI, corr-coeff, easy switching bla bla bla. Not what we have here in Malaysia, that is, the ETFs are all stand alone units.

Hence, these presenter are typically blurting out info that they hear, read or seen elsewhere in a foreign context without taking into the local context. So typical of
"know little bit, act like a pro" mentality.

Xuzen

With so many tembak(s).... yer gotta ask yerself, are you feelin' lucky? Well, do ya? Punk!


or

Is it safer to play Pokémon style? Gotta catch em' al?


This post has been edited by xuzen: Oct 27 2017, 03:01 PM

Warning! Old man ranting ahead...


I blame nowadays the internet for perpetuating a lie that everyone can or must be rich. Or that everyone should do business or some sort of entrepreneur endeavour. What the internet conveniently left out is that rich people is like a pyramid, only a few are rich and the majority are poor with the middle group simply being middle income people.

If you are not rich, I mean, so be it... it is not a crime nor a death knell. Unlike what Jack Ma said, you do not have to be rich to live comfortably. I am certainly rich compared to the majority below me demographically and I am certainly poor compared to the few very rich above me in the pyramid scheme of things.

Am I an entrepreneur? Am I a business man? No, I am neither. I am just a salary man who build wealth the old fashion way... that is I spend less than what I earn and invest the rest. Can I be a business man? I doubt so. Can I be an entrepreneur? No way. Do I need to buy the BMW or live in a large mansion to be happy? No. Be contented and be happy.

To me, UTF is a good tool for regular Joe like me to accumulate wealth in a safe and easily accessible way in a sense I do not need to come out with a large capital outlay. I can invest in sum that I am comfortable with. I can certainly stop at anytime I want without penalty. And I can liquidate the fund at anytime I want. What sort of investment tool can you think off that can offer such freedom or flexibility?

Xuzen

This post has been edited by xuzen: Oct 27 2017, 10:40 PM

LOL, why you so famous wan?

LOL, why you so famous wan?

Another month passes....

Oct 2017 is a happy - happy month right? All your ports went up-up-up. Syiok boh?

Time for another tok-kok-sing-song-blow-water post. "My daddy is bigger than your daddy" type post.



Port did a 2% M-o-M gain. That translates to one of my best M-o-M ROI for the past 12-mths rolling tracking. To give an idea, a 2% monthly gain is like 50% of my gross salary.

In the precceding 12 months rolling, only one month gave a negative return. The other eleven months are green.

Overall port ROI is 8% p.a. Risk to reward ratio is 1.17, Distribution of ROI is positively skewed with negative kurtosis. This means that my expected value have more tendency to cluster around the mean value. In this sense, it means it is more predictable than positive kurtosis value. Large positive value kurtosis means that extreme outlier outcomes are more prevalent.

Forecasted future ROI is exponential with respect to time.

The port's alpha is generated by TA Tech and China fund. Manureits and Esther bond meanwhile made my beta small which meant that the overall port does not swing up and down too much (maintain low volatility). RHB EMB & IDS meanwhile are there as wildcard (pure diversification) as sometimes they do provide pleasant surprises. My IDS exposure is mainly because of the PRU - 14 narrative.

Xuzen

This post has been edited by xuzen: Nov 1 2017, 09:27 PM

Yah, thereabout.... slightly bigger, 2.5 Yr.

The other significant asset is my KWSP port which is double than this cash port.

I don't have properties, I don't flip prop. My wealth comes purely from salary in which I spend less than I earn, then invest the rest.

I save, then invest using DCA, i.e., the regular Joe method. I still have 20 more years thereabout till retirement.

If I have started much younger, in my twenties, I would be in a much better position now. I only started to be financially savvy in my mid 30's. I wasted ten years of time in my twenties. Having said this, I do notice some of these people who join the forum are much younger. Kudos to them to be financially savvy at such a young age. Let me tell you young people, it is worth it.... Delayed gratification is worth it! Watch your risk, let the return take care of itself....

Xuzen

What sort of support you want?

Lai lai... come support this jeh-jeh!


This post has been edited by xuzen: Nov 2 2017, 04:00 PM

Ding ding ding!!!

In the blue corner weighing 180 lbs, known as the crystal -ball of LYN - FSM, we have Algozen™ ver four.....

In the red corner, weighing in at 200 lbs, new kid on the block, introducing FSM managed balanced portfolio....

Who shall come be the winner?

Word of caution to those who seems to get a hard - on each time the word IRR is being used....

IRR is a useless measure when your data is short and only have less than one year. In this instance, it gives you only a pure " shiok " sendiri feelin' , nothing more.

You want IRR, it becomes more meaningful when you have 2 years or more... I prefer three years or more.

Xuzen

p/s a little bit more on IRR. IRR is a statistical measurement that is classified as inferential statistic. For inferential stats to be meaningful, you need a large data, n. If you only have a handful of data and you use them, you risk it being a biased measurement. For example, since beginning of this year until now, the market has been on an uptrend, and if you only start to use data that is recently, you will sure get a " shiok " sendiri IRR value. Be warned.


This post has been edited by xuzen: Nov 3 2017, 11:50 AM

See what I mean? When you use large data set, now you will not be so " shiok " sendiri....

Newbies, be warned.

Because I see these noobs, like only five mths or six months data set, get IRR double digit = so high = shiok sendiri. Have to bring them down to reality a bit.

Xuzen

Good man,

Since you have benefited, it means one more soul will have less probability to go into financial distress.

Good man,

Do not forget to always give back to the society in any form of charity in the future.

Good man,

May you have the opportunity to teach others how to have financial savvy.

Xuzen

3.88% personal loan, assuming you take the 60 months option will yield an annual effective rate of 7.21% p.a.

Hence your hurdle rate or your IRR must at least be above 7.21%.



Maybe you want to go all aggresive and get lucky.

Xuzen

I sold my ESISC in Jan 2017 and masuk Dinasti.... look at the diverging gap btw the two. Sometimes I think I betul - betul have a crystal - ball.

Xuzen

P/s ESISC was the darling of ES for the last two years [ from 2015 - 2016 ]. If you were in it, congrats She made you some real money!



This post has been edited by xuzen: Nov 7 2017, 12:19 PM