QUOTE(contestchris @ Feb 10 2017, 09:11 PM)
Not worried about long term ATM all, I'm more worried about my one day gain! This 4% drop can wipe out gains elsewhere in most portfolios it is in. TA SEA, CIMB APAC, CIMB CII all have it as a top 10 stockholding.
One stock does not a portfolio make. Everything did not just drop 4% all at once
even the index only dropped 0.06% and that is only Indonesia.
QUOTE(contestchris @ Feb 10 2017, 10:31 PM)
I have 9 UT, just one stock. Very opposite from others. But you're right. Somehow the CIMB CII Indonesian funds are up by 0.2% for the day. Amazing!
There you go. You are worried about one stock in a portfolio of possibly hundreds. That's the beauty of mutual funds, a properly selected portfolio reduces volatility.
QUOTE(contestchris @ Feb 10 2017, 08:11 PM)
Many corporate working people who want to purely passively invest do so in banks. My father does with Public Mutual. It's totally normal. But if you're adventurous like us all here, then it's worth going alone for lower costs and greater flexibility.
Btw I think Maybank is 3% and CIMB 2.5%...but maybe their in-person charges are higher, I don't know. I just did with online banking facility. UOB is 3% I believe for in-person.
Yes older people prefer PM and banks because not familiar with Internet