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

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tensixteen
post Apr 18 2017, 10:42 AM

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Hello!

I've been following this thread for a while now and I truly enjoyed all the lively discussion so far. I have registered with FSM for over a year and my account has been dormant. Took the plunge finally and invested in a couple of UT and hoping to learn more from all of you. I know that UT needs patience but I can't help logging in and checking my holdings every so often. A newbie's persistence or perhaps a newbie's downfall eventually? Ha..

Anyways, just wanna say it's good to have a place here.
tensixteen
post Apr 19 2017, 01:50 PM

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Here's some info from FSM on transferring in :-

https://www.fundsupermart.com.my/main/buysell/transferIn.tpl?
https://www.fundsupermart.com.my/main/faq/faq.svdo?id=7922

Please note though that the whole transferring IN process might take between 2 - 4 weeks or more if docs are not received in order.
tensixteen
post Apr 19 2017, 03:04 PM

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QUOTE(hua91 @ Apr 19 2017, 02:17 PM)
Dear all, thanks for the response. Didn't expect so many would answer to my post.

Fyi i have invested for around 4 years, not sure exactly how long already. From the statement i can see that i am still losing around 5% (included sales charge).

I was advised to keep it, as it would be very "sayang" since I've already held it for few years, and Malaysia market is recovering, somemore I can keep it there to enjoy the next distribution​. Asked some experienced bankers and they gave me the same advises.

Any advise from sifu here ? After listened to that I'm hesitating should i wait for it to break even first, or should i cut it and invest in Fsm?
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No need to feel sayang for non performing funds, feel sayang for the would be returns had you invested elsewhere. brows.gif
Not a sifu but to me, holding on to a under performing fund is like waiting at the middle of the road for a head on collision.
As many sifu had pointed out, distribution is pointless. The overall investment value remains the same. I didn't quite get this at first but I've been reading back on the previous thread and there was a really long discussion about this involving moon cake, chicken farms, and what not. blink.gif
tensixteen
post Apr 19 2017, 03:28 PM

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QUOTE(kukuray @ Apr 19 2017, 03:27 PM)
its all about timing and market performance.
for eg. KGF  if u enter before feb you already gets 12% now
and also advice from sifu here.....
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Seriously? blink.gif
tensixteen
post Apr 21 2017, 07:41 PM

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QUOTE(yuatyi @ Apr 21 2017, 04:35 PM)
Well said!  rclxms.gif  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.  smile.gif
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Very well said yourself too! I give you many many thumbup.gif 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.
tensixteen
post Apr 27 2017, 01:05 PM

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QUOTE(Avangelice @ Apr 27 2017, 12:24 PM)
[attachmentid=8768467]

Sifu, how long may I ask have you been holding to this impressive port?
I just started and finally seeing green on my port ... feels good no?!  rclxs0.gif
tensixteen
post Apr 28 2017, 10:05 PM

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Ponzi 2.0, why so red? Everyone else on my port caught on the green ride .. when will you?
tensixteen
post Apr 28 2017, 11:25 PM

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QUOTE(Ramjade @ Apr 28 2017, 10:21 PM)
Just bought recently? Mine still from 8.xx% > 9.xx% rclxms.gif  thumbsup.gif
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Yup yup. Can't wait for it to go green soon enough. drool.gif

tensixteen
post Apr 29 2017, 11:18 AM

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QUOTE(MR_alien @ Apr 29 2017, 11:09 AM)
if the fund u bought are FSM recommended fund or is listed at the 1st page of this thread
thn u can stop worrying
worrying because its red in short term is bad for u..because u will keep thinking "should u sell it, its red"
thats actually me when i just started, and i can tell u most of my fund that time are ALL red laugh.gif
i didn't sell any of it and i log out....i totally forget abt it and login back like half a year later
all become green except china which i eventually sold

so unless u invested in a not so stable fund like precious metal
i dnt think u need to keep login everyday to see how it did...its just bad for your mind
plus this is not casino or forex...its not double or nothing...it would take many years to even eat up half of what u invested
and same as profit, it takes time to go up as well...dnt expect 20% per month like JJPTR
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Thanks for the input which I thoroughly agree. I am just waiting for the horse to speed up, not intending to switch or sell. But again, UT is unlike horse racing, more like waiting for fine wine.
tensixteen
post Apr 29 2017, 11:31 AM

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QUOTE(Ramjade @ Apr 29 2017, 11:27 AM)
Actually not really. If one buy before trump election (as I have done), results is instantaneous (within 2-3 months the profit skyrocket). But if you buy at high time, need to wait longer.

Right now, it's going up very slowly. Backthen it was just like rocket.  Going up and up.
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Thus the name Ponzi 2.0 was created for this fund. laugh.gif
So, prolly now no more Ponzi-like but I am fine with it.
tensixteen
post Apr 29 2017, 11:32 AM

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QUOTE(MR_alien @ Apr 29 2017, 11:29 AM)
still up
its just fast vs slow
some ppl after buy...login everyday to check
thn if red thn they'll ask themselves...should they sell laugh.gif
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Newbie's itchy hands ... haha ... experience pro can steady la, but newbie a bit apprehensive to buy and just forget.
tensixteen
post May 7 2019, 02:28 PM

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I remember back then everyone here was talking about Manulife Reit and I just dived in due to the positive responses. (of course, did some research on my own too) Well, it is looking good so far ya?

 

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