Hi all! Newbie here in both UT investing and LYN. I am new to FSM as well, i joined in April 2017 after I came across the FSM website on one fine afternoon LOL.
Anyway, I really wish I have found this LYN thread sooner, as I actually did learn a lot by following the discussion on this thread ! Thanks ppl!

Sorry if this might be a noob question =/
I have some concerns which i really need to get out of my chest and would prefer knowing you guys opinion..

I really like the services FSM offers, and can't help but to see it as one of my savings (+ investments of course) vehicle for the long-term.
Since we are all going to be in it for the long run and probably putting most my retirement life savings with a third-party, I would like to know what are the biggest (worst) probable risk which I may need to consider before I continue pumping my savings into FSM? At this point im not so worried about the returns of fund...this is more about the security of our savings and what is the worst case scenario that might happen..

I know of course a "meteor-strike" hitting FSM hq is a risk lollll, but anyone can advise this noob here some kind of more 'probable' risk we should take note of?
E.g. What happen in the case of hack? I am quite worried of this. Or to put it other way, is there any other event which may make me lose all my capital?

Sorry, kiasi investor here as well and sorry if my post came out bad or confusing. This is my first post here lol so dont attack me lahh all sifus

Appreciate you all punya thoughts!
Thanks thanks

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

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