bad start of the week, most of my holdings suddenly drop and changed to red color

You know those were last friday result right?

Yupe yupe. It's the payout which matters, not its actual investment composition.

Oops...I meant to say 60% bond..
Still lower than yours anyway

bro this ain't stock trading lah. once you buy into a fund stop checking every day. unit trust investment is for those lansi people people. come back every once a month to see where to top up.

wanna go for roller coaster ride every morning at 9am?

open cds account.

The “Seven-Year” Curse

If you work in financial markets, you could be forgiven for thinking there’s a curse on the third and fourth quarters of years ending in a seven.

In 1987, equity markets peaked, up more than 30% year-to-date, in mid-August. Black Monday seemed to come from nowhere two months later.

In 1997, Thailand, straining under a mountain of debt and unable to get enough hard currency to defend its currency peg against the U.S. dollar, had to let the baht float in July. Instead, it sank, bankrupting the country and sending a vicious contagion through much of Southeast Asia. Thailand and the Philippines requested IMF aid, Indonesia and South Korea were forced to follow suit in the fall, and by October the panic had spread to the developed markets.

In 2007, on August 6, a combination of overcrowded positions, leverage and complacency led to a buildup of pressure in some quantitative investment portfolios. That pressure was unleashed in a “quant quake” that rattled equity markets for a week and scarred systematic and value investors for years.

Three days later, in one of the signal moments of the credit crisis, interbank money markets suffered an unprecedented seizure after BNP Paribas had to suspend redemptions from three supposedly safe asset-backed securities funds. Within a month customers were queuing outside a major U.K. High Street bank trying to get their cash out.

Volatility Can Strike without Warning

http://www.fundsupermart.com.hk/hk/main/re...-the-Past-13853

Wait, Wait....did he missed 2017 ??

In our view, the best lesson to take from 1987, 1997 and 2007 is that complacency and overconfidence in anyone’s ability to predict what will happen over the next week, month or year should be abandoned. Instead, here is a much more certain prediction based on our experience of those three momentous falls: the properly diversified portfolio is the one most likely to be intact in 2027, 2037 and 2047.

^^

meh. I'm just gonna wait our the storm and load up on ammo during this interim. once it happens, fire and fury in which no one has ever witness before. lol..

Question - If I make a purchase today, say payment via FPX before 3 pm, will I get today's NAV? Reason for asking is on FSM fund info, the NAV is a few days lag. E.g. today it still shows NAV for 11 Aug.

If answer is yes, where can I find today's NAV?

Thanks.

I guess it had to depends on the fund it self...
I think there is a different for a fund focused in M'sia alone and a fund focused on Global....for there is a forex mkt closing to consider too.....

for m'sia focused fund's nav...try the FH website...FH like Kenanga, EI and CIMB are quiet prompt in posting NAVs update

simple answer is you can't, and never will. Today's NAV will only be known 1-3 business days later, depending on the fund/fund house. Read up on forward pricing.

Hello there! Nice to see u in lyn again haha

Next month when market rebound, there will be another round of noobs asking, one or the other of the questions below:

1. Hi, I'm new to FSM, what fund to buy ar?
2. I got fund XYZ, can sell / buy boh ar?
3. I enter this fund last weeks because sifu here recommend, how come I don't make money wan?

Xuzen

looks like Kenanga Growth fund's NAV can get today's pricing at its website wor....


Attached thumbnail(s)

Think most of the Asian funds are available a few hours after closing, iinm.

Asian market not really. Cause need to count forex gain/loss.

Even if the actual NAV is priced at the end of the day, we still won't know the NAV at the point of purchase. Best bet is to guess from the performance of indices before 3pm. Yet again anything can happen i.e. market rebound before closing.

the NAV posted on post 7907 is the NAV of that day.
it is not an indicated price...that is the price you buy or sell if that is the date indicated in FSM's buying or selling order as transaction date.

This post has been edited by MUM: Aug 15 2017, 08:32 AM

Bad start means time to enter the market

Too late. All market rebounded
Bull is so strong.
We need Mr Kim to start firing rockets into the waters to spook the market/Trump to be in serious trouble.

Market drop, hold cash because of fear it drop somemore....

Market up, hold cash because fear to chase market...

In the end, portfolio performance equal or worse than FD.

Xuzen

p/s That is why DCA is to take away that emotion and irrational thinking from long term investment.