Good to still be human. After all the market reacts rather strongly to psychology and sentiments.

Much agreed. From a layman's perspective, I don't think "skimming" profit actually does anything to protect capital or mitigate risk (if only the profit portion is sold). Plus the money will be floating yet again for the entire duration of the switch/buy/sell transactions AND you will have to incur SC once again when buying into another equity (not if intra switch/credit ninja trick is performed).

Furthermore, isn't selling off and buy back when low "timing the market?" Let's not get back into that. If one can do it timely and consistently, good for you! I know I can't..

The only time skimming profit to put in another less performing/greater bullish potential fund, in my opinion is when there is no new capital injection and thus performing rebalancing of the portfolio. Otherwise why not just VCA and avoid the "expensive" fund for the tine being?

Please correct me if I'm having the wrong perception of things here. After all I'm still learning as I'm investing.

True that. However what if one is doing DCA say RM200/month, wouldn't it be better to channel the RM200 to other less "expensive" funds rather than skimming the profit earlier and then incur SC again to DCA into the said fund? A bit redundant in my view. What would you or others do?

+1 Good idea. Personally I'm not at all informed about stocks and its technicalities as an investment vehicle. Not sure if I have the balls to jump on board. Anyways never too late to learn something new. OT a bit: any suggestions where to learn about stocks for beginners?

This post has been edited by drew86: Feb 14 2017, 12:46 PM

Thanks!

You can guess from his age. I believe he owns a clinic so he's either locuming for himself or hiring locums. Anyway why do all these matter?

This post has been edited by drew86: Feb 14 2017, 04:04 PM

Start preparing your resume and PM Avangelice LOL

Did that right after POTUS election. Regretted because the bonds suffered then when equities flourished. Also regretted that my money got stuck in a float from eq>bond and i can't sell off the bonds before it continued to drop further. After that had to transfer the bond from one fund house to another to utilise the credits for the fi>eq switch. But of course all these lag time become meaningless if you know for sure when is the peak and trough. It did however help me understand the credit system to a greater extent, so I hope my experience helps other investors to even better utilise it.

Points to take note of the credit ninja system:
1. Transaction lag time
2. Fund initial investment, minimum holding, minimum redemption amount. (Applies to both fi and eq) this point will be less significant if total investment amount is large.
3. Might need to have bond holdings over a couple of fund houses to fully utilise credits, so local MY bond exposure is inevitable.

As for me, I think I'll let the FM do the buy/sell n market timing crap which I'm very poor at. Can't get lucky all the time. Win some lose some. As long as long term win win.

Didn't go about with the "what ifs" calculations. One thing for sure I have already more thanrecovered losses from bonds by switching to Esther bond and TA Dana Afif(my proxy to utilise credit for TAGT topups). My "losses" were mostly from switching out of Titans and Ponzi 2.0 then (due to the floats and lag times while trying to go into TAGT and RHBAIF). Both Titans and Ponzi were green then. I think it dipped when i switched out and climbed when my cash is floating in space..pfft!

So yeah there's that. Let bygones be bygones. Valuable lesson learnt. To the future! Huat ah!

Exactly my point..hence I've been wondering what do you guys mean when u say skim profit. Only way to take profit will be to sell all, pray for NAV to drop and reenter. But if after selling the bulls continue on a stampede then kiss the fund goodbye till the day the bears come knockin

Sounds like u got a pretty solid plan in place. With your practice churning high income for capital injection into your investment vehicles, I have no doubt you will achieve it in no time. All the best bro!

I have noticed that quite a number of portfolios have allocated a substantial portion into rhb EMBF. Would just like to point out that the volatility is by no means reflective of a normal FI fund, of course neither does the return. Something to keep in mind during %allocation.

No. I'm just pointing out that despite it being a bond fund, its volatility and returns are in fact more similar to a balanced/eq fund. Hence one should keep that in mind instead of allocating a high % thinking it is a portfolio stabilizer with amazing returns. Personally I treat it as part of my eq portion

Awesome! Thanks for sharing. Vote casted! Now keepin fingers crossed. I think there is no longer any doubt FSM had spies in here. Whoever you are..keep listening to your clients, we are your source of revenue

Done so! Hope they announce the seminar dates soon.

This strategy crossed my mind before as an alternative to ASN FP funds which are near impossible to get. Well..will just procrastinate a wee bit longer.

How so?

Interested to know too. Where can we find that min 5k purchase waive SC statement? Their web interface is a pain in the arse to use..

Isn't platform fees for bond funds only 0.2% a year? Pretty negligible IMO..not worth the time n effort to travel etc. Unless its a hugeee amount and for a long holding period. Ramjade young padawan you will learn one day;)

Xuzen's got a very valid point there. Hence I have made a list of assets/accounts to attach to my will in case I pass on early. Not that I have much, but thought it be best to reduce the hassle going hunting for em. However I'm all for a separate platform for UT investment..reason being I'm not comfortable leaving most of my investments in the hands of iFAST alone. What if they just disappear one day? How and when are we gona get our funds/cash back?

This post has been edited by drew86: Mar 7 2017, 07:22 AM

Ini bulan i assume you're waiting to enter after Mar 15?

And what if u dont feel lucky enough to re-enter? Again it's a dilemma in UTF investment. There just isn't a clear cut "resistance" or "support" point to TP/SL at.

I'm as clueless as some people here are. On one hand I would like to just reap the profits in the long run regardless of the volatility. On the other, why let profits dwindle? No right or wrong.. I hope some veterans can shed some light.

With the recent glut of comments, troll or not, it seems many have skipped their basic risk assessment and portfolio allocation before jumping into purchasing funds cos everyone else is chasing after it. Chill guys..

My heart can't take it..lol