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

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wodenus
post Feb 9 2017, 01:06 PM

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QUOTE(Avangelice @ Feb 9 2017, 12:25 PM)
CIMB-Principal Greater China Equity Fund              RM 250.00 
AmAsia Pacific REITs - Class B (MYR)                       RM 250.00 
CIMB-Principal Asia Pacific Dynamic Income Fund         RM 500.00 
TA Global Technology Fund Cash Management Fund  RM 200.00

My february top up
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Cool.. using the automatic top up thing on FSM?

This post has been edited by wodenus: Feb 9 2017, 01:07 PM
wodenus
post Feb 10 2017, 02:08 PM

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QUOTE(Avangelice @ Feb 10 2017, 12:44 PM)
continue on!! there's more upside this year for malaysia with our elections coming in. if BN wins there will be more upside. sad to say foreign investors don't care about kronism and dictatorships. all they want is stability and status quo.
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This. It's common sense that everyone in the capitalist marketplace wants to see the capitalists in charge smile.gif
wodenus
post Feb 10 2017, 06:49 PM

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QUOTE(Avangelice @ Feb 10 2017, 05:33 PM)
try to limit double posting.

any how. the xuzen we know now is different back then and we all make mistakes. take it as a valuable tuition fee. no harm done.
exactly my concern. I have an huge amount of money sitting in the CMF and I go do monthly DCA. wouldn't it be wasting your money 's potential by just letting it stay in cmf.
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Money in CMF is also diversification smile.gif in case there's a big drop you can transfer more in smile.gif
wodenus
post Feb 10 2017, 08:46 PM

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QUOTE(contestchris @ Feb 10 2017, 07:32 PM)
Please don't talk nonsense bro if you don't know. So far I have 0% SC in switching and they're all relatively successful trades.
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I don't see any switching in the port you posted earlier? bear in mind when people say "switch" they usually mean completely exit a fund and enter a new one.

What they mean is churn - a high churn rate is bad.

This post has been edited by wodenus: Feb 11 2017, 06:03 PM
wodenus
post Feb 10 2017, 08:58 PM

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QUOTE(contestchris @ Feb 10 2017, 08:14 PM)
Did anyone see this Bank Central Asia crash? Really troublesome lah, BBCA appears in most of my funds. Today was supposed to be a good day, but this is a major loss that is very hard to offset.

https://www.bloomberg.com/quote/BBCA:IJ

It also drag down the entire Indonesia LQ45 index with it. https://www.bloomberg.com/quote/LQ45:IND

To make matters worse I can't find out what the cause of this is.
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Don't sweat the small stuff, that is what you pay the fund managers for. I mean seriously, you are obsessing over one stock in a manager's portfolio. If you look at the 5y trend, it's up. It's volatile.. it can drop 20% and recover smile.gif
wodenus
post Feb 10 2017, 10:31 PM

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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.
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One stock does not a portfolio make. Everything did not just drop 4% all at once smile.gif 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!
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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.
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Yes older people prefer PM and banks because not familiar with Internet smile.gif
wodenus
post Feb 10 2017, 10:48 PM

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QUOTE(contestchris @ Feb 10 2017, 10:38 PM)
No I mean I am separately holding a solitary stock counter.

Btw if you read all the top investing books, it's better to hold less stocks that you are very confident about to maximise gains. This is what Warren Buffet preaches. Only those who don't know what they're really investing in, should own a diversified portfolio. Same applies to trust funds, and I fail miserably there!
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Well then why are you worried about a 4% drop? it's dropped 20% before and recovered smile.gif the commission on that can't have been low smile.gif and you have to watch the forex.

The annoying thing about foreign equity is, if the economy in that country goes up, the price of the share will also go up. but then currency goes up, and then the rate drops tongue.gif so I can't see how anyone can win in that scenario.

This post has been edited by wodenus: Feb 10 2017, 10:51 PM
wodenus
post Feb 10 2017, 11:03 PM

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QUOTE(ic no 851025071234 @ Feb 10 2017, 10:59 PM)
I started off with public mutual agent but the agent don't do shit except print the name on my statement.
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It's good for old people who can't really understand how computers work smile.gif or maybe they don't have computers or Internet so they can't do it online smile.gif
wodenus
post Feb 10 2017, 11:20 PM

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QUOTE(Ramjade @ Feb 10 2017, 11:14 PM)
I am always pro dividend cause it let me buy more units for holding long term. tongue.gif 
But sadly I am not going to vote or buy anymore because my all Phillip SG stuff arrived and my account is ready  tongue.gif  rclxms.gif  thumbup.gif Time to plan the withdrawal and next trip down to SG.  drool.gif
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LOL.. one of these days I might join you.. how high can SGD/MYR get.. smile.gif
wodenus
post Feb 10 2017, 11:26 PM

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QUOTE(killdavid @ Feb 10 2017, 11:22 PM)
please let me know if i got this correctly.
the rhb cash management fund 2 allows us to instantly redeem our units to buy into other funds within FSM and the transaction happens on the very same day right ?
It is only when we want to sell it for cash that we have to wait 2 working days ?
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Yes if you transact before 3pm, you will get the end-of-day price.
wodenus
post Feb 11 2017, 05:05 PM

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QUOTE(Ramjade @ Feb 11 2017, 03:37 PM)
It all boils down to "do you want a second job?" and "do you think your brain will still be as sharp 50 years from now?"

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2596698/


This post has been edited by wodenus: Feb 11 2017, 05:44 PM
wodenus
post Feb 11 2017, 05:53 PM

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QUOTE(Ramjade @ Feb 11 2017, 05:45 PM)
That's just dividend. His capital gain + dividends - 14.69%
Respectable for malaysian market  notworthy.gif
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How old is he? in the very long term, a mutual fund will still outperform him.

This post has been edited by wodenus: Feb 11 2017, 05:53 PM
wodenus
post Feb 11 2017, 05:57 PM

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QUOTE(vincabby @ Feb 11 2017, 01:19 PM)
contestchris definitely rubs people in the wrong way. its not entirely his fault as words when not spoken but typed might sound different to different people. however, AIYH made a good point, do consider people's feelings or tone it down if possible. If not, you make yourself stand out for all the wrong reasons.
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He's probably got the best performing portfolio though.
wodenus
post Feb 11 2017, 11:05 PM

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QUOTE(ic no 851025071234 @ Feb 11 2017, 09:05 PM)
Ponzi 1 has almost similar return to his dividend stocks. But if factor the sc he get better return.


How old is he? lets see how he does in 50 years time.. if he is even still around smile.gif what about 100 years' time? presumably our descendants will carry on the mutual fund, what about him? what will be the performance of his investments after he's no longer around?

wodenus
post Feb 12 2017, 03:51 PM

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QUOTE(biastee @ Feb 12 2017, 11:51 AM)
:-) Fortunately, the shrinking brain and cognitive decline which are highlighted by that article, can be combat with aerobic training.

https://academic.oup.com/biomedgerontology/...es-Brain-Volume

http://www.dailymail.co.uk/health/article-...ordination.html

https://well.blogs.nytimes.com/2014/05/07/a...it-brain-at-50/

:-) Isn't this a good excuse to step back from this forum and entrust the RM to invest on your behalf, so that u can channel your limited free time to training for the marathon / triathlon ?
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That depends on how qualified and experienced the RM is. But yea, that's why we are into UT and not stocks. I have better things to do than sit at a desk reading stuff all day. I'm just one person anyway, how would I be able to beat a whole company full of people doing the same smile.gif
wodenus
post Feb 12 2017, 04:09 PM

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QUOTE(Dividend Magic @ Feb 12 2017, 03:53 PM)
I think that's the main difference between Malaysia's market and the more transparent US one.
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It's only more transparent in the sense that they tell you what the entire holdings are. They don't tell you how and why and when and how much they buy or sell every day smile.gif
wodenus
post Feb 13 2017, 01:07 AM

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QUOTE(Dividend Magic @ Feb 12 2017, 06:20 PM)
I'm 28 this year bro. Or did u mean how old is my fund.

Haha I seriously doubt that a mutual fund would out perform me in the very long term.
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In 80 years' time, the mutual fund might still be operating. I'm sure I won't be here, and reasonably sure you won't.. but the fund probably will. People will retire, other people will take over, the fund continues.

But if you trade for yourself, once you aren't there to maintain the fund, that's the end of it.. unless one of your descendants wants to (and is good enough) to take over.

This post has been edited by wodenus: Feb 13 2017, 01:08 AM
wodenus
post Feb 13 2017, 11:03 PM

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QUOTE(contestchris @ Feb 13 2017, 10:44 PM)
Careful. Dow is on the verge of hitting 20,400...balloon can burst at any moment...it could also burst in 5 years. I pray it waits for 1 more year at least so I can collect some capital gains first.
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Not a big deal.. if you've been through a few world recessions they're pretty much always the same smile.gif
wodenus
post Feb 13 2017, 11:13 PM

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QUOTE(contestchris @ Feb 13 2017, 10:11 PM)
Say you inject RM1 to buy a single stock. There was only one stock being sold at RM1. That causes the stock value to rise to RM1.01. You already gained 1%!

Say you buy 1000 stocks simultaneously. 200 at RM1, 200 at RM1.01...200 at RM1.04. It's now being sold at RM1.05. You spent RM1020 on this, but it is worth RM1050. "Gain" of 2.94%!

1-2% may seem small to you, but with very illiquid small cap counters this is what happens. It's just the reality. In the past Pheim fun was punished because it used this trick to play play at a small counter and every day inflate the value of its fund.
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What happened in the Pheim case?
wodenus
post Feb 13 2017, 11:16 PM

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QUOTE(contestchris @ Feb 13 2017, 09:56 PM)
Yeah I'm a bit disappointed with not having quickly re-switched back into the China fund. I went from Greater China > China/India/Indonesia, and the initial 4 day period was good, but since then China has come back strong and I was too hesitant to react. I finally switched back today afternoon, so hopefully from tomorrow onwards China keeps up the good pace!

PS: I still kept my Australia (from Global Titans) and SEA (from Europe) switches
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How long (how many days) does it take you to switch from one fund to another?

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