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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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howszat
post Feb 28 2017, 10:23 PM

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QUOTE(elea88 @ Feb 28 2017, 09:49 PM)
Just want to point out something that has been discussed in previous posts.

That the best time to buy funds is when the valuations are cheap, and not when the sales charges are cheap.

Of course, there are many other factors to consider.
howszat
post Mar 14 2017, 10:21 PM

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QUOTE(Pink Spider @ Mar 14 2017, 10:52 AM)
We have come to the age where we can sufficiently rely and trust on our technologies. smile.gif
*

The technology is fine. The people programming the code behind the technology is the question.

You might have heard of bugs.


howszat
post May 8 2017, 09:10 PM

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--deleted--

This post has been edited by howszat: May 8 2017, 09:12 PM
howszat
post Jun 29 2017, 08:22 PM

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QUOTE(T231H @ Jun 29 2017, 07:11 PM)
I am pretty sure,....just few months back there were some discussion and questions posted about
1) buying lower priced NAVs funds and the
2) benefits of dividend paying funds.....

just saw this at FSM Site....
2 Big Mistakes Investors Make in Unit Trust Investments [23 June 2017]
June 23, 2017
In this Idea of the Week, we would like to shed light on two old wives’ tales that may possibly cloud an investors’ decision.

Unit Trusts with Lower NAVs Are Better Buys
Frequent Dividend Declaration Indicates That the Fund Is Doing Well

https://www.fundsupermart.com.my/main/resea...June-2017--8510

hmm.gif  blush.gif  innocent.gif  devil.gif
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This is a phase that all brand new UT investors must go through, unfortunately. It's a matter of whether they get wiser sooner, later, or never.

I've been invited to talks where the fund house representatives introduce their funds and spend an inordinate amount of time trumpeting about "distributions", year by year, thus implying how great their funds are.

I was tempted to challenge them on their misleading information, but the talk was over buffet dinner which was quite sumptuous so I focused on eating dinner instead.




howszat
post Jul 4 2017, 09:13 PM

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QUOTE(HahaCat @ Jul 4 2017, 07:56 PM)
last year end went to tropicana golf resort, heard affin speaker talk about their view n prospect in asia ex japan. Went home switched large chunk of portfolio to affin hwang ex japan. Then also donno why, first 3 month of this year shot up until fund close. Then went to bangsar one, affin was trying to promote absolute return fund 2. But this guy kept on saying china is good, china is good china is good, so i shift part of portfolio to china, also shot up. Recently, i went to (not by invitation) but by purchasing ticket, also another talk by affin, the MD reaffirm malaysia has more leg to go. So I also look around, and shifted chunk of portfolio to interpac, also went up. I switch here and there base on fund manager view and my personal research, in large chunk. And portfolio is not balanced, unlike what others would recommend. But I am confident in my own observation. Not possible to go to a talk where ppl tell u this FUND will shoot up. They can only give general view and region to recommend. Whether to place large chunk of ur portfolio into one region in a "high risk" bet and win, really depends on the person. Some ppl r not passionate about fund flow, I recommend they do DCA and be happy with double digit returns. Play like me will get burn they say. But I have no patience to save sex for retirement. I have the balls to borrow money from the bank and invest. Others dont. So we each get what we deserve base on our risk reward. Fair? I never state how much i invest in UT la, I juz state my FSM membership eligibility. Don't too excited. 12% per annum return, 30 years later is also a lot.
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Don't know where people got this idea about you must earn X amount per month to become a platinum member, or whether you are not allowed to disclose your total investment ideas from. But you obviously think differently. biggrin.gif

I'm curious about borrowing money to invest in UT. AFAIK, it is a lot less common. If you are going down the leverage path, why did you choose UT over shares or properties?

howszat
post Jul 4 2017, 09:26 PM

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QUOTE(Darkripper @ Jul 4 2017, 09:18 PM)
I've read through the FAQ before, but still don't get it really. Because the last time i use CMF to buy, it took like nearly a week before they price my purchase.
I assume my interpretation is correct no?
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The FAQ is talking about confirming having received your payment.

Pricing is different. It takes several days before they can confirm the pricing for your transaction date (payment received date).
howszat
post Jul 7 2017, 09:35 PM

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Msxxyy tidy up your previous reply.
howszat
post Jul 7 2017, 09:46 PM

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QUOTE(T231H @ Jul 7 2017, 09:35 PM)
thumbup.gif  rclxms.gif ...
that is a good and wise plan
good luck to your investment endeavour.
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Unfortunately, it is not necessarily a good/wise plan. FSM recommend rebalancing every year, which neither here nor there.

The problem is 2 year is a long time when you have invested into a really bad fund, and bad funds DO EXIST.

howszat
post Jul 7 2017, 09:51 PM

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QUOTE(T231H @ Jul 7 2017, 09:48 PM)
that is why they have listing of risks stated in the prospectus...and one have to "tick" acknowledge having read it before one can buy fund.
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That is why you SHOULD NOT say it's a wise plan.

howszat
post Jul 7 2017, 09:55 PM

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QUOTE(T231H @ Jul 7 2017, 09:53 PM)
one man meat may be poison to others....
your risk rating may not be same as mine.
my wise may not be your wise.

or vise versa.
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Absolutely. So on what basis do you go and declare what plan is a "wise" plan?

howszat
post Jul 7 2017, 10:02 PM

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QUOTE(Msxxyy @ Jul 7 2017, 09:56 PM)
Hey..I appreciate everyone's opinion.
I will quarterly and annually check those as you suggested.
smile.gif
You will see me pops up and start asking questions in the forum.

Cheers.
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I am simply pointing out that the FSM recommendation of yearly "rebalancing review" is a bit too simplistic.

If you are into higher-risk funds, things can change a lot sooner.

If you are into lower-risk funds, you can probably just keep it for long term and maybe review every few years or longer.

My point simply is know your situation.



howszat
post Jul 7 2017, 10:16 PM

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QUOTE(T231H @ Jul 7 2017, 10:05 PM)
that is why I said a wise plan because Mssyy had already said what he wanted to do.....
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No, wrong. You don't know what his circumstances actually are, so declaring it as a wise plan is just making a whole bunch of assumptions.

Anyway, he is reviewing it a lot more often.

howszat
post Jul 7 2017, 10:34 PM

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QUOTE(T231H @ Jul 7 2017, 10:25 PM)
so you are not assuming?
are you really sure u understand his situation?
so reviewing it a lot more often is your wiser plan?
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You said it's a wise plan. I said not necessarily.

So, please don't go into this nonsense about what is and what is not. Because the whole point is it depends.

howszat
post Jul 7 2017, 10:40 PM

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QUOTE(T231H @ Jul 7 2017, 10:37 PM)
so are the one that started this nonsense by questioning my posts....
good that you realised that "Because the whole point is it depends"
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No, I simply questioned why you said it's a wise plan.

I pointed out there is not enough data to conclude why it is a wise plan.




howszat
post Jul 7 2017, 10:46 PM

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QUOTE(T231H @ Jul 7 2017, 10:43 PM)
that had been pointed out to you already...and you kept asking.
and when asked in returns.....you provided some interesting replies.

you wanna stop now and call it a day?
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I eaid you do not have enough data to conclude why it is a "wise" plan.

You are just assuming it is "wise".

That is not wise.

howszat
post Jul 7 2017, 10:59 PM

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QUOTE(T231H @ Jul 7 2017, 10:49 PM)
like is aid, my wise may not be your wise

assuming your wise will be my wise is not wise.

saying not a wise plan to Mssyy after he/she already said his intention is a wiser plan?
*

Please don't drag other posters into this. Because it's pointless.




howszat
post Jul 7 2017, 11:03 PM

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QUOTE(spiderman17 @ Jul 7 2017, 11:00 PM)
A fool thinks himself to be wise, but a wise man knows himself to be a fool. William Shakespeare

Keep cool and keep on investing. cool2.gif
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Of course.

Then how do you decide what is wise or not?

howszat
post Jul 7 2017, 11:08 PM

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QUOTE(T231H @ Jul 7 2017, 11:03 PM)
without dragging in other posters including your own one will definitely be pointless.

I will continue to drag in whatever when feel like have to when asked....if you think it will be pointless...don't reply lor.
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No, this is supposed to be Finance and Investment, and I have no intention of making this kopitiam.

I prefer sensible discussions.

If people declare something is "wise", well they may get questions.

I hope they they can answer questions in a mature manner, and not behave like spoilt little kids.

howszat
post Jul 7 2017, 11:24 PM

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QUOTE(T231H @ Jul 7 2017, 11:13 PM)
like I said...I replied when you ask on what basis did I say wise plan....

using words like nonsense, providing vague replies or non replies when asked in returns is behaving in mature manners and not as a spoilt brat?
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You are responding in kopitiam style.

Rather than point-by-point mature discussions with appropriate quotes and sensible replies in a Finance thread.

Not interested in pointless replies - end of this discussion.


howszat
post Jul 7 2017, 11:31 PM

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QUOTE(T231H @ Jul 7 2017, 11:29 PM)
ok, each to his own.

thanks for ending it, else it would be going round in circle without ends in sight.
borrowed from your post again which I think is relevant for now...
"Because the whole point is it depends and it's pointless".

good nite
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Therefore, no one should declare it as "wise". Simple concept, takes whole night for you to understand.


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