QUOTE(yklooi @ Jan 23 2021, 08:40 AM)
from your earlier post...
"Now become big appetite, and searching counter to go in, but price look like very high.
Kenanga Growth fund - 70 k - earn around 10% - sold
Eastspring small cap - 30k - earn 23% - sold
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Principal Greater China 30k - earn 26% - sold 20k, remain 10k, now higher return of 55%
Principal AP Divenden 10K - keep till now
Principal aiiman 10k - keep till now
Principal Global titan 10k - keep till now
Principal far east consumer 10k - Keep till now
Hong leong AP dividen 20k - keep till now
Principal AP dynamic 10k - keep till now"
mind telling why ALL except Global Titan are similar mandated funds? if one goes up, all same mandated funds will goes up too right? (the correlation of ROI can varies alot between them?) why not just 1 or 2?
when after having reached your target, short term investment for 6-12 months, when gain, you park it back to EPF ....
what is your target % of gain?
you park only the gain back to EPF or ALL from that particular fund back to EPF?
it is good to have a glimpse at some insights & investment perspective about doing UT investing from someone that is active in share markets and has a job in commodity trading
yes it is very nice of you to suggest "Let us gain together", ...but too bad, i think my heart rate does not allow me to join your adventures
haha same for me. Seems to be quite agressive butif he has 2million ringgit in EPF account then no problem. We shall let him updating us whether this strategy will work or not after 5 years. ^^
I think it is difficult to replicate the return because:
a) how many funds are there able to generate return more than 10%PA for the last 10 years? Many can generate exceptional return for few years but consistently to get 10%PA for 10 years is pretty difficult.
b) Are we overly optimistic on the market? can we expect the fund price to go up 10-20% every few months? Is it realistic? Even individual stock hardly able to achieve it.
c) What happens if the fund price goes down by 5 or 10%? Cut loss of mutual fund? This is totally new to me. So in March 2020 I should cut loss all my stock and mutual funds? I would then lose the chance enjoying the gain post March 2020. Time in the market beats timing the market.
d) 2020 is an unprecedented year. If you buy before early 2020, you are likely still having a decent gain till now. If you lucky to time the market by buying after COVID 19 and enjoyed the quick and super profit due to excess liquidity, would it be the same for the next few years?
e) Check out the talk by FSM Malaysia general manager Wong WeiYi this morning. Many new investors are overly optimistic (greedy) recently. They haven't "taste" the downside of the market yet.
I dont get a share if you gain but I feel sorry if you lose money and thats why I share my humble opinion here. Don't shoot me please. peace
Personally I am doing "boring investing style" - DCA monthly aiming return of 8-10% PA.
Oct 10 2020, 09:40 PM
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