Unit trust play like stock already lose in sc

My question is more like asking if I have a x amount of money to switch over to a fund X.

Yes, DCA monthly but how much ? If DCA per month 5%, that's will never complete in a year !

This post has been edited by puchongite: Feb 10 2017, 05:34 PM

try to limit double posting.

any how. the xuzen we know now is different back then and we all make mistakes. take it as a valuable tuition fee. no harm done.

exactly my concern. I have an huge amount of money sitting in the CMF and I go do monthly DCA. wouldn't it be wasting your money 's potential by just letting it stay in cmf.


This post has been edited by Avangelice: Feb 10 2017, 05:36 PM

If you ask me, I will say dca minimum amount

But I can suggest divide into 6/12/18/24 period of dca, each period can be fortnightly, monthly, bi-monthly or quarterly

If it experience downfall, everytime it drops 2-5% from your capital, top up like 100-1000 and repeat until it rise back (of course not until the fund collapse if you did your homework about the fund )

Just a thought

I am too young to experience long period investing or any crisis, so this is just a suggestion

bingo. that's what I did. now keeping 10k I'm CMF for funds on sale.

I've just created an account at FSM and still doing readings on all these unit trusts, fixed income and trying to understand how to invest. Have some basic questions to ask the sifu here

Question 1:
According to this table at FSM: https://www.fundsupermart.com.my/main/resea...tormaincode=All

For this fund: CIMB-Principal Asia Pacific Dynamic Income Fund - MYR, it says the 5 year (%) is 115.60. Does this mean the projection is that you can get a return of 115.6% in 5 years time? Obviously I understand that this is only a forecast, but is this how this table is read?

Question 2:
I invest Affin Hwang Absolute Return Fund II on 2 Jan 2017 at Bid/NAV 1.0985. On 7 Jan 2017 the Bid/NAV price is 1.1452. My profit is the increase which is 4.25%. Is this correct?

Do bear with me with the noob questions while I try to get my basics right first. Thanks in advance!

Answer Q1. No...it is NOT projection.it was past results
AnswerQ2. Yes.but you need to minus the sales charges n other redemtion charges if any.
Btw, that is a wholesales fund...need alot of capital to start

[ delete: answered by another poster ].

This post has been edited by puchongite: Feb 10 2017, 05:54 PM

opps. too late. lol.

This post has been edited by Avangelice: Feb 10 2017, 05:56 PM

Algozen™ was created by me somewhere end of 2014 and in its initial stage it was a crude attempt. Version one was experimental, version two was forgetable and currently I am using version three. I did upgrade and refining it as I progress on the learning curve.

Version one I used to narrow data, that is, one year historical. I learnt my lesson then, now I use longer period data.

Nonetheless, it was a learning experience and when noob comes along and say timing the market and whats not, I smiled coz it reminded me of my own experience.

In hindsight you may say look! You should have held on to it, bla bla bla yadda yadda yadda. But remember when you are actually in it, during that phase, actually experiencing it, your emotion will be different. Know yourself, and half the battle is won - Sun Tzu.

Regrets? Look at the chart again, if I did not sell, the Jan 2016 drop was even more severe (due to the China circuit - breaker fiasco) I don't think my heart would be able to take it...

Oh well! Live and let learn.

Xuzen

this is the best advise

Exactly. That's small step in the graph but it's 20% !!!

Imagine if I held on to Jan 2016, it would have been a minus forty percent plunge, no longer consider a dip or drop!

BTW, UTF must be hot again... so many noob participants. I remember half a year ago, many were saying UTF suxs, ASX FP rulez etc.... It is all a cycle.

On the subject of DCA, there is no hard and fast rule... but you may consider this: If you have MYR X amt. Take one year to DCA in, if the amount MYR X is large like MYR 50K or more.

If you DCA fortnighly, then MYR X divided by 26, if you choose to DCA monthly, then MYR X divided by twelve payments.

If you are too free nothing to do and want to perform DCA weekly, then MYR X divide by 52. Should the MYR X is too small amount and after divided is below the minimum amount, then you should do monthly or quarterly.

Xuzen

This post has been edited by xuzen: Feb 10 2017, 06:10 PM

Not double post la. I read his post first then reply then saw your post ma. U think i so free purposely click reply 2 times haha.

My dca method is just invest all every month. I have budget for different purpose so investment money is just masuk invest fund.

Money in CMF is also diversification in case there's a big drop you can transfer more in

Please don't talk nonsense bro if you don't know. So far I have 0% SC in switching and they're all relatively successful trades.

I am scared this is how my entry into US small caps will be like.

I went in one lump sum on 27 Jan while it was on a peak.

Do u guys think it's worth to pay little bit more sc (5.5 vs 2) on buying the funds with bank? Coz in FSM all depends on personal experience & awareness, while in bank at least there is one person ready for your enquiry, although noted FSM have client support channel via email, however recent enquiry reply like "copy paste" statement, I don't find their advice to me is constructive. But i aware lower SC = faster to break even, to see the return. And my investment plan start with minimal purchase then constantly dump in money for long term investment. Need some suggestion here, do u all start with self study on funds (through FSM) or learn from banker first?

This post has been edited by Eddy924: Feb 10 2017, 08:05 PM

Many corporate working people who want to purely passively invest do so in banks. My father does with Public Mutual. It's totally normal. But if you're adventurous like us all here, then it's worth going alone for lower costs and greater flexibility.

Btw I think Maybank is 3% and CIMB 2.5%...but maybe their in-person charges are higher, I don't know. I just did with online banking facility. UOB is 3% I believe for in-person.

if you want, there are "live" chat with FSM CS other then Email
if you want, there are Client Investment Specialist in FSM
if you want you can pay the extra SC to use the bank employee.
if you want you can buy from the bank

for the sales charges differential is nothing in the longer terms......

just do what ever that is "comfortable" to you.....after all it is your money......have control and maximise to your wishes over it