Do not easily trust anyone about money
Ayam still remember the last time Ayam see Ayam relative get so convince about the return and he go and borrow from loan shark to invest in some unknown fund and went broke almost instantly within few months only.
After that another Ayam fren parent, his dad just retired and have just withdraws his retirement fund and then his xxx fren told him UUU zzz vvv, he go and invested his life saving of 500k (the last time 500k is a large sum of moolah!!) and get burnt almost instantly too and he will need to go back to work again to make a living. And there is another ooo www setori
Finally conclusion all this financial sexpert only care about making brokerage fee and they won't care if jew loss jew life saving into it. They can give very highly of themselves and their plan. Why should Ayam need to get fool after knowing they are the fool?

I FINALLY had to reset my always-hanging Asus laptop as it hung during the initialization stage and couldn't do the usual Auto Repair & Auto Restore too
- but lost my 2013 Home Office and many favourite files/apps as it only saved SOME and NOT ALL my files ...sighsssss 

Q: How to get FREE Office to see my old Word Docs or Excel stuff or to type future docs etc ?
HELP ....
As a bankrupt I don't own any CCs or ATM Card that can do online transactions anymore, so CAN'T do any Online Purchases etc .....sighs not even for Free Trial stuff (still need a CC for the SignUp even if free trial etc).....
Anyway what I want to say to TS is

You are SO much luckier and better off than me

1. You STILL have a very reasonably-paying PME Job & younger
2. You are on the DRS for your unsecured loans - so only a matter of TIME before all your debts are cleared here - so CHEER UP !
3. GOOD Relationships are great to have - but you should learn to Be Happy with yourself and love your own company too ... I have had a great almost 30-year relationship but am happily single again since the amicable break-up 8 years back

This TEMPORARY "hard life" is NOT forever - so buck up ! 

Some clarification sought from you :
1. Are you 3rd-party barred by CCS from entering RWS and MBS due to the DRS ?
2. Are you paying the banks a much reduced 5% pa interest on the DRS ?

WHY I say I am worse off than you even tho' there are similarities in our stories - of also racking up a hefty 200k unsecured debt from BOTH CCs=Credit Cards and Credit Loans and also Trading Calamities .....

1. I am much OLDER than you in my very very late 50s and virtually ZERO HOPE of ever securing any PME Job - even much lower 3-4k pay is impossible with my bankrupt status I feel
AGEISM exists esp in the CS/Gov-linked and top PME jobs
Now got glut in law too (and also medicine if you aren't a specialist - need to compete with cheaper younger FTs in polyclinics etc)

2. My previous PME Conveyancer position always kena retrenchment whenever the property market is bad - have been retrenched TWICE

1st Retrenchment in the 2000s when I stayed jobless for 5+years
(2004-early 2009) 
I largely enjoyed myself then with LOTS of travelling with the rich ex bf paying for lots of my travelling expenses whether travelling with/without him
I also had a modest freelance easy job - via fax from home + more savings

During the Tail-end of those 5 years, I got myself into Warrant Trading on Volume (profit on mere 1-2 cent movement as recommended by a friend)
Initially made quite good profits until that fateful morning in 2007 (?)
I had already got 7k paper profit but didn't sell before going out for a lunch appointment in Orchard with some ex-colleagues - remember it rained heavily
US Sub-Prime Crisis ... should have sold off IMMEDIATELY to cut profit/loss but stupidly didn't
----> eventually from Manageable to Unmanageable Losses of think still-below 100k region
Broking House gave me some time to pay up gradually but finally threatened bankruptcy - I staved off this threat by borrowing small loans from several friends (as was not able to sell an inherited asset at the price we wanted until much later)
That was my very 1st Trading Calamity !

And after my 2nd Retrenchment in 2014
That same trading friend urged me into CFD Trading as my means of survival or generating replacement PME job income to service my high unsecured debts to the banks
I was lured into taking up so many credit cards and loans from mid 2009 to 2014 & led a very YOLO lifestyle etc .....
I did generally well with the Dow Jones Index (esp during last Aug free fall) but got played out badly by the STI and HSI/Shanghai Index (too leveraged)
Ended up with Margin Calls which virtually wiped out my CFD Trading Capital

To avoid the HUGE Stress of finding funds to pay the banks promptly EVERY Month, after weighing the Pros & Cons decided on the last resort of filing for my own bankruptcy last year !
Imagine the PEACE OF MIND and huge load off my shoulders
- no more worrying over where to find the $$ to pay the banks each & every month
- nor my morbid fears of the family being harassed by debt collectors or with WSS threats/hassles etc
Since I was jobless and my total debts exceeded the DRS 100k limit, DRS was not a possibility nor available to me
So bankruptcy seemed like a Sensible Option in MY set of circumstances
(Basically just waiting till 65 to live on cpf payouts - if possible still hope to get reasonable suitable part-time non-PME job for my pocket money & to pay off Target Sum 27k [which is like mere 10-14% of my total debt 200k region] to the OA at the end of 5 years to get bankruptcy discharged ....
of course BEST if tio big toto windfall  )
My Bankruptcy = Consequence of 2nd Retrenchment cum Trading Calamity !
3. Being Single again

I am happy with my own company altho' I do meet-up with my friends frequently to catch up with each other (have both married & single friends)

I would say I'm again in INVOLUNTARY Retirement [from retrenchment] - as already Age 55 WAS the ORIGINAL Official Retirement Age
(Can say I have enjoyed Early Retirement for 5+ years earlier in my 40s too)

We must always try to find the Silver Linings in life
Be Optimistic !

Finally gave in to the temptation of joining Interpac party, seeing that the fund size is still relatively small and KGF has been flat - definitely room for more growth (personal opinion).

Portfolio now consists of CIMB titans, Ponzi 2.0, Manu India, CIMB China and Interpac Dana Safi, making my portfolio at the highest risk now since I started. But I am in my 20s only and only small fry, can take all the risk. Hehe

Actually the answer is no. For Public Mutual funds invested in cash or EPF, in order to "transfer", you need to sell the public mutual funds and buy other funds available on FSM at 0% sales charge. So it's not really a transfer, more like a sell and buy for no service charge.

Because PRS has restriction to sell until retirement age. You can't sell and buy back

How long? It's determine by how sustainable is the run. If it's expensive and you have nothing to buy,  don't buy. There will always be opportunities in between great bear. Eg. China, Greece issue, Brexit.

For me, it's very simple. When do you shop? Do you shop when there is sale or when there's no sale?

If for me, if no sale, I just keep my money. Simple. Ask yourself, why are you buying when you can wait?

Yes, most likely your IRR formula is pointing to the wrong ranges. It's very easy to fix:



For individual funds just make sure that

skynode Sure you can put it in your Dropbox and PM me the link.

Bila market naik, kata nak ditunggu market crash.

Bila market crash, takut pulak masok.

Semua cuma sekadar berpenglipulara aje. Cakap sekadar omong-omong. Nothing concrete, all talk, no action.

Cuma teori aje yang pandai, praktisnya ke mana pergi? Teori pun tak sepandai mana.... teori syiok sendiri aje yang banyak.

Xuzen

can share how he solved your problem as posted earlier?

In the pinky spreadsheet, when we retire a fund (sell), its ROI become -100% is that correct?

in a way yup, u better get prepared now. once u start housemanship, you dont even have time to pee

Wow looks like we have many healthcare personnel here.

Ramjade, if you are really doing this, I have a few things to share.

Depending on which hospital you get, you might be too busy to even eat.  I used to have only two meals a day...  and sometimes forgot to pee because you are just too distracted.  Always on the feet doing something, sorting something out.
So when it comes to Puasa month, you would grin as suddenly every muslim's meal frequency is exactly like yours.
But it gets easier as you are more familiar with the system and climb up the ladder.  Don't worry. 

During your busy days, you might only get to know the market crash like 3 days later.  I still remember during paediatric tagging period, I did not see any sun for 1 week.  Left home when it's dark, reaching home late at night.  Even when you are about to sleep in bed, you would still be having hallucinations of babies' cries.

BUT, this shall pass too.  Don't worry. 

Well, my first meal is usually 7pm during tagging in medical.
But I still get to top up my asnb while waiting for lift and check out my funds NAV while walking to path lab otw after an on call.
Iron bladder iron stomach in the making.

Come come. I clear your mind
Amanah saham - parking place. Anytime I want to liquidate, I can get back my money. No need few days. Even if I sell all, they will give me back all my money
FSM - going to liquidate everything.
FSM SG - never even have account with them
Phillip SG - transfer from FSM MY > Phillip SG (hence my portfolio will be all SG UT)
S-reits + S counters - slowly building my holdings. This is my main engine to generate free SGD (I can use the dividend given to buy more shares or throw it into Phillip SG)
Forex - never

Clear?
If -5% for every year that's there's no crash, shouldn't
at 10 year period, you will be holding 40% equities/60% bond?

why buy UT from fsm over banks?