too diversify, end up no rasa for indon.

You might as well buy 30% Indon fund, 30% Asia etc.

your portfolio macam ok, if want to put an Indon or Viet fund, don't dilute it to ASEAN based already! Let them attack!

it really is up to individual risk appetite. Just go for it.

This is correct. If you want diversification look elsewhere.

Can try this for black rock next gen technology fund :
https://secure.fundsupermart.com/fsm/admin/...sheetBGF144.pdf

Looks extremely diversified with broad technology companies. In spite of that, a 100% return in a year is very impressive.

some people can't sleep if their money is not working hard enough, some can't sleep if volatility is a bit too high.

I always say follow your risk appetite. But keep some powder dry. A little bit of cash will never hurt. Maybe even 20% cash is fine.

Need to add tesla, us tech and gloves.
But in most cases listed, fed wasn't printing money or fed wasn't supporting it.

open a new sub-account under your nominee's name, that is the best.

I slowly re-balanced my way towards that took me about 3 years I'm still doing it lol.

something that I don't understand even after years of investing in funds. What do they really mean when take money off the table but retain some exposure? Do they mean to rebalance? Suppose you have only 5% in tech funds and they make a lot of money, say 40%, do you mean to cut it to 3%?

Another weird thing is, if you look at the composition of almost every single fund, exposure is highest towards tech companies. Be it alibaba, tencent, jd, and telecoms in China, vs Apple, MSFT, AMZN FANGS, tesla etc in US.

While, I do wholehearted agree with the fact that Tech is far too expensive and should come down, I wonder how to play it with funds, especially mutual funds. ETF's are not so difficult.

in the context of mutual funds, switch to what???
I am wondering now, switch to bond funds, or switch to other themes? Because, as I suggest most equity funds have an abundance of tech in composition. Its more easy for me to go to share market and select Public bank than find an equity fund that does not so much tech in it.

ya lo, in my case I may just reduce or cut the dca for a while. but in long term generally it will be a loss of opportunity, IMHO.

The best time to invest is always when u you have money. The best way to reduce risk at the expense of more gain is spread out the investment over time, ie DCA.

If your FC(what is that? Fund collector?) Gives good advice, why doubt?

If you don't do something rash, even lump summing all your investible money right now, into basket of funds should return you something sensible in the long run (>10 years).

In this time, just make sure you don't withdraw (because that will seriously lock in your losses, if any) and make sure you add more investment as matter of DCA'ing. Because if you are investing from your regular income it is hard to imagine your lump sum today is going to be more significant than your regular payments for say next 10 years. In these 10 years, you should also do some homework and rebalance, look for alpha and vary your strategy a little. (come in here are talk cock sing song with us).

With both of these on your side (time, and regular money), one just has to maintain a good portfolio balance every few quarters or even every year, it should not be so risky as to make you poor, or make you lose sleep.

As and example and zoomed out, with UT I have been investing for 15 years now, and with regular + irregular investment it is around 8 to 9% IRR as of today. It did dip to below 0 in 2018 and now its back up. All I had to do was more or less stay invested and, rebalance some poor performance funds. It wasn't that hard and risky. This also includes some rather poor choices of funds at one point (thank you, Tan Sri Teh Hong Piow for your wonderful company that made me lose a few years worth of returns), call it school fees. But they did not make me lose principal. Only 2009 and 2018 and now Covid made me lose money.

The only thing I can advise others who are starting out or having a long term outlook, is don't expose too much to Malaysia / political stocks and never down rate US economy. As long as you keep at strategy between these 2 and diversify a little you should be fine.

Not everyone is privy to correlation and risk reward tools. Generally speaking most recent variation tables are recently invalidated by the Covid dip.

So hence here we just kopitiam it and wing it. Lol. Eventually if we are talking about mutual funds perhaps it should not be as complicated as building the portfolio matrix. I would really recommend that for passive indexing though.

Hang tight, most believe correction coming soon. So, keep on buying. Right now I am also looking for avenues but all are tech heavy and as many have said too concentrated.

Gila, almost all fund house hard sell China.

We haven't even known how Biden will treat China. I think some calmer heads are required here. Of course this time around, China is much more internal consumption focused..

I was about 80% done typing something similar to your post and deleted it.
I figured, actually why bother. He make money we benefit in some way (we are on the same boat, just he get down earlier). If he lose money he has a fat account to back.

In fact, we are the ones who should listen to his advice.....

not going to happen. Even Obama himself has stated that he wanted to be confrontational towards China due to trade imbalance, Yuan devaluation, unfair practices, IP stealing. And remember Biden was VP. Obama didn't go through with it because it was 2009 and US was in the sub prime mortgage crisis recoveries. Whatever I disagree with Trump, confrontation with China is something I mostly agree with. Its a matter of hard they want to drive it. Sure, we won't get so much bluster from Orange man but I believe the stage, objectives and game has been set. Only the player is new and maybe the rules are being re-addressed slightly.

Yes, China has indeed found ways to survive. It always does and always will. The question that I try to bring up is to temper the expectations a bit....I mean most fund managers with China funds are like "Come, bet your house and coffin money", we'll return you 2 houses and 2 coffins! lol.

Anyway I am also bullish. My allocation to greater china and AAXJ is actually higher than any other region, but that has been built up over time.

full lock down means poor people will be even more affected. But Government will be fully expected to do blanket moratorium and reduce OPR at the least.

And then perhaps, people will be baying for more cash-y handouts.

So, expect the market to go up for certain classes (surely glove will rally again). While those dependent on reopening will die further....

ya, maybe not blanket blanket per se but still will widen the coverage?

Tax cut - almost no way in hell. Why? if you are affected then it is already reduced. If you are healthily making money you are the correct person to tax, even more so if possible (if you are taxable person then you sure don't like to hear this but it is truth).

Cash handout wont at all help investors who already have money to invest....agree... which is why I think in nett only gloves will get heat up. It is a nett loss to the country if we full MCO.