QUOTE(yuatyi @ Apr 21 2017, 04:35 PM)
Well said!
That's what I believed in also. Since I am in for the long run and have faith in the funds I bought, I didn't do any changes to my portfolio after the one year rebalancing I did last year Nov/Dec. Even after reading the discussions about all those hot funds etc etc and the shifting out of Malaysia focused funds I decided to stay focus on my own intended portfolio. So now for me it's just a matter of when to feed funds appropriately to maintain the allocation profile I have set for myself as I don't have much bullet to shoot and doing RSP is currently not an option for me. Therefore I decided to chuck the remaining bullets in CMF first and wait around.
I have also heard many saying that Libra Asnita is not as good as Affin Hwang Select Bond Fund, but to me it a matter of preference in view of the type of portfolio you are aiming to achieve. I didn't want to increase more volatility to my portfolio and seek for more stability hence I favor Asnita since AHSF's movement is not as calm as Asnita. Another thing is that I already have Global exposures with other funds in my portfolio hence didn't feel like I should increase that exposure.
I am still learning after this 1 and a half year as FSM UT investor. So much I don't know and so much to pick up. Investing in UT via FSM is pretty interesting in a way and it does add more excitement in my life. One thing I have learned is that every time I heard of any nerve wrecking and panic inducing news pertaining to the market, it's the best time I remind myself of my planned objective and the time frame I have to achieve that goal. In doing that I could remain more calm and make wiser decision so I do not knee jerk unnecessarily and deviate from my plan.
Very well said yourself too! I give you many many
and many many LIKES.
As UT Investor, we shouldn't be like a lalang, instead, stay true to one's course and navigate the waters cautiously. We are all in it for the long term and while rebalancing our portfolio is paramount, we should also understand that mindless switching according to what's HOT atm will usually cause more harm than good.
I do agree that while I was a sleeper investor with PM, I am more proactive using FSM. It is interesting as well to find out that one need not be a financial wizard to maintain and monitor one's holdings. Just a lot of determination and hunger for information will usually enough to be the drive to DIY.