Thoughts on this guys?

https://www.bloomberg.com/gadfly/articles/2...m_medium=social

Been lurking a long time here. Pretty interesting when you guys catch and pitch with each other.

Finally took the plunge and signed up for a FSM account, mainly for the reason of PRS but once I've accumulated RM 10K will jump into the managed portfolio (most likely the aggressive portfolio) and get my bearings of all the terminologies.

Now the painful wait for the identity verification to go through.

Appreciate all the (past) insights from all forum members and look forward to eventually catching and pitching with you guys as well. First step into the UT world

Btw any forum members attending the "How to Construct a Winning Portfolio?" workshop during the weekend? I'll likely be there.

A friend of mine feels there will be an obvious bias into the instruments they vouch for, since they only do UTs lol.

Any thoughts?

This post has been edited by AOL24: Sep 7 2017, 12:41 AM

Will gladly take notes and share with everyone what I manage to take away, although please bear in mind that as is, I have limitations as to being able to assess the information - given my lack of knowledge and experience in UT (if that's what they're going to be pushing whole heartedly) hahaha.

But reading a few personal finance books has helped somewhat. Started with the typical "Rich Dad Poor Dad", then went on to digest - to my best ability - "Millionaire Teacher", now currently reading "Money: Master the Game".

I have the "Intelligent Investor" sitting on my nightstand but the first few chapters gave me a headache. Graham uses a lot of terminologies and jargon, not many average Joe/Jane easily understood analogies too.

What other books would you guys recommend someone just getting into investing to read?

And anyone familiar with Ray Dalio's all weather portfolio? Given that the situation of instruments are very different in Malaysia, is there a more localised context that's similar to his asset allocation? 😅

Suppose that often, pain and happiness is the greatest teacher. However, like Buffet says "Risk comes from not knowing what you're doing". That said, having a rough idea of how markets have trends, are affected by current affairs, and moves in a cohesive cog up and down should come in handy too 😀

Thank you for sharing. Was definitely something I need to be aware of and brace for.

Whole notion of buy scared, sell on greed is surely unsettling for the majority. And surely once real money comes into the picture, I might end up running for the hills on a downtrend.

Never heard it told like that in my life. Fantastic use of real world situation that can easily be relatable! Thanks for sharing

Will attempt "Intelligent Investor" once again after finishing the Tony Robbins book. Appreciate the input 😀 thank you!

Hi all, just wanted to ask about the CIMB-PRINCIPAL PRS PLUS ASIA PACIFIC EX JAPAN EQUITY - CLASS C fund. From what I understand the aforementioned fund is a feeder for CIMB-Principal Asia Pacific Dynamic Income Fund, is that correct? And also, regarding top holdings/exposure would the best up-to-date info be available on bloomberg? FSM's fact sheet is dated July.

Just want to look into some of their top holdings to understand a little more of where I'm putting my money into. Even if the main reason I set up the PRS account was to get the youth incentive, I'd want to know where my money went

How would you gauge which PRS fund to buy then? Fund managers track record? Usual phrase of past performance =/ future performance hahahahah

Meaning to say mirror the same funds they bought in their non-PRS UT portfolio? Or diversify?

Thanks for the PB link!

This post has been edited by AOL24: Sep 16 2017, 12:07 AM

If you refer to the CIMB website, its the biannual fund fact sheet > http://www.cimb-principal.com.my/prs/downloadcentre.aspx . Didn't see anything that is constantly updated

Lol please start thread in kopitiam. I'm sure we all want to hear this story 😏😏😏