For Asian funds, its better to top up early afternoon before 3pm, guided by the index performance. Maybe can get some advantage. My experience is that the index gives good indication of Manulife India performance for the day.

Glad to see this!!


Really appreciate all the replies =D.

And of course I wouldn't want a 30% bloodbath in my portfolio! So please wish me luck here hahahaha but yeahh actually i am more concern on the security of my savings in FSM as a platform provider =\
You see, because im seeing this as a long term commitment with FSM and hopefully slowly growing my wealth here (<== potentially loyal investor here lul) so I was thinking for those sifus who have been in this market long enough can shoot me with what are some 'disasters' which we all may face in term of placing a huge sum of your savings with a third party service provider, although it could be a super unlikely events. Any sharing are welcome ! =D

You knoww it could be my kids education savings here so i just wanna know what could really go shit wrong, and partly so that I could still hold a cold beer(instead of lying down crying) IF one of those doomsday really does come (touch-wood of course!) - aiyah you all understand lahh right haha

and in addition on the hack part, what if the information of my account in FSM got hacked or the data was lost? ..I believe they would have a strong backup system or disaster recovery plan for this..? but yeahhhhh i really hope we are secured on this part

P/S: I still not very sure how to use this reply/quoting/this whole reply features... Paiseh ah, give me some time lolll

well to calm your fears I have a medical insurance with fsm and almost 70% of my savings with them so yeah I am dead serious when it comes to trusting a company with my life.

and when I say life I have made my girlfriend invest in fsm under my care so yeah. if anything happens to her money. I'm dead

This post has been edited by Avangelice: Aug 2 2017, 10:05 PM

holyshittt cant believe we are in quite a similar situation! Beside being all excited for this UT thingy but of course any further assurance on my fund security definitely makes it easier for this long journey ahead =\. Anyway, not trying to be a bummer here and trying to create unnecessary fear in others lahh. I believe we are all should be mature to know that investments come with risks, so hopefully we know and manage them instead of trying to avoid them i guess?

Oh welllllll, right now im memang super hype about this FSM and UT thing (i wish i got this enlightenment sooner.. lol) and I can't stop to read/ learn more about them, which FSM seems to be doing very well and not stingy in sharing their researches.

So no worries FSM peeps, you guys are amazing!


Anddd all the best to you Avangelice. I had my gf started UT and joined FSM as well, I know I won't regret doing this and if any, I only hope me and my gf knows this sooner.
Emmm who knows, one day I might ask you how you both doing when we cash-out our old retirement money someday hahaha

Dow breaks 22k

The high can go higher.. not surprised if we can hit 1920 next year or so. So nobody knows, analysts can say what they want, but nobody has real crystal ball. So stay invested and remain properly diversified is my preferred way

FSM sent out monthly statement. You can print it out and keep a hardcopy as an evidence.

So you are the opposite of Ramjade ? What will you do if all funds suddenly go down 5-10% ?

Sorry I dont quite get what you meant. The CS told me the beneficiary account is just for beneficiary purpose. It does not have login/password, and cannot buy/sell UT on its own.

The answers from CS is kinda

To all the sifus. What i want to do is simple. I just want my wife to be the beneficiary of my investment if anything happens to me. Additionally, my wife also want to do some investment of her own.
So what shall I do? Open a beneficiary account for her and another main account for buy/sell UT??

Just a comment on this. During the talk by FSM , the speakers showed that although the US index is at all time high , the growth is not the same across all sector.
A big bulk came from the tech industry and the healthcare sector(pharmaceutical etc).

In layman term, things that shared between Main and Beneficial accounts are:

Login ID/passward -> Using Main account login ID/Password, then select which account to look at (Main or Beneficial)
Bank account number -> Using Main account bank detail, meaning you can only buy/sell using Main bank account


Things that are separates:

All funds purchased -> Main/beneficial accounts will have their own funds list, including Cash Management Fund
Managed Portfolio -> Each accounts can have its own Managed Portfolio


For simple example, say you want to buy Cash Management Fund (CMF) for Main account, you need to use your Main bank account to buy CMF for your Main account. Then you decided to buy CMF for your Beneficial account, you also need to use your Main bank account to transfer money. The same goes to all other funds.

Just open a beneficiary account for each of u n put each other as the beneficiary. Settled. You are still the owner and is in full control of the beneficiary account. Funds belong to yourself, not your beneficiary, unless u pass on. No need to open main account

Fund Name Ex-Date Reinvestment Date1 Gross Income Distribution Rate Net Income Distribution Rate
CIMB-Principal Asia Pacific Dynamic Income Fund - MYR 27-Jul-2017 27-Jul-2017 RM 0.0034204 per unit RM 0.0034204 per unit

I have never timed the market because I don't know how to. I just continue allocating portion of my salary into it every month and so far I am happy with the result. I have shown my portfolio here multiple times as well. Not sure how Ramjade's is doing though.

What will I do if it goes down 5-10%? I stay invested. Because I have a long investment horizon, what comes down will go up. If I have extra during those moment I'll put in more. Currently portfolio is diversified with ponzi 2, Cimb titan, cimb china, Manu India and IDS. I personally don't believe in bond funds to stabilise whatever.

Hmm. So many different version of answer

If I'm you, I'd do this

Set up 2 personal account - one under your name; another another wife's name

The one under your name, create a beneficiary account with your wife as beneficiary. All your cash investments can go here. EPF and PRS investments has to be in your primary account

The one under your wife, it depends, is she going to put you as beneficiary? If yes, then create a beneficiary with your name as beneficiary

Why need 2 personal account? Any payment in and out must be from/to the name of personal account holder. Next time when you have kids, you can also have beneficiary account with them for their education fund

This post has been edited by dasecret: Aug 3 2017, 10:22 AM

Can combine 2 beneficiary accounts into 1?

Hello, im new to investment,
I wanna ask is there any Unit Trust / Fund that we can just buy and sell after 1 month and have higher profit than the CMF ? People tell me UT/Funds need to put at least few years for profit

Thanks

Hi sifus, was checking my investment link insurance, which consists of PRUlink Bond Fund and PRUlink Managed Fund II.

The performance of the PRUlink Bond Fund is just below average from their fact sheet, but when comparing its chart with AHSB in bloomberg, PRUlink Bond Fund seems to perform better? What am I missing here? How come the numbers and chart doesn't match?

https://www.bloomberg.com/quote/HWABOND:MK
https://www.bloomberg.com/quote/PRLBOND:MK

Which part of the chart tells you PRUlink performs better ?

If you add comparison then you see two graphs superimposed together, then clearly AHSB sits on top.

If drop 5-10%, pump a little in. Agreed to stay invested. Agreed with bolded statement also. Bonds are debts of a company. If a company in financial trouble, you think it can service it's debts?

Of course got. But must see whether can break even your service charge or not.