https://www.investing.com/indices/malaysia-...otherIndices=on

Chose your indices and track via your online stock brokerage platform
I think this fits https://www.investing.com/indices/ftse-malaysia-small-cap
unless U are specifically talking about ACE

Uncle YKLooi's plan's pattern similar to mine heheh
Note:
1. after 55 (or "retirement" if they change the age), one can do PRS and take out anytime WITHOUT the 8% hit
2. funds sold by FSM for PRS = 0% SC
3. if i want a fund that fits my Asset Allocation AND it happens to be fulfill-able via PRS funds - woohoo 0%
Rinse & repeat

by retirement, the above is not about tax relief but more of SC savings - Ramjade kiamsiap-style, proud boh Ramjade?

This post has been edited by wongmunkeong: Mar 3 2017, 09:26 AM

bro - U still with mindset of "THE BEST" ar?
there is no such thing leh - give U another 10 years+ to grow & learn real world la

there is only " The Best... fit.. current situation.. time... cost.. risk.. etc"

Off-topic warning
aiya - when i was younger & stupider (now still stupid but then was stupidER ), more crazy stuff to "save $" but paid in time/health/relations

the young-uns will learn - sooner or later, there is a "price" to be paid for everything.
nothing is free in this world, except maybe your parents' love/care (note the "maybe" heheh)

hm.. i think U are assuming all PRS funds returns <=1%pa?
heheh. please do check first - not all PRS funds as as "good"

as for short vs long term, er.. dont U think think equities will "grow in price" in the long term due to inflation, economic growth, etc?
isn't that long term thinking?

also - the tax relief, be it <=15% or >=24.5%, isn't that also long term thinking? every year, "make" that % and use the cold hard cash for FD, stocks, mortgage extra paydown, etc.?

in addition - those below 30s, with the Gov extra incentive.. still not worthwhile?

hm.. U running your own biz returning way more than the combined above in %pa terms?
if so, good BUT the above is passive or non-active income/assets.
if one wishes to compare active income - IMHO, better to use things like trading in options, forex, futures, margin stocks & flipping properties.

no absolute right/wrong, just perspectives


On the aspect of "amortised down" over 20-30 years, i've done similar Excel sims on SSPN (lagi worse, FD rate++ pa only but with tax relief). If every year we get the tax relief for new $ injected, even if SSPN fell from $6K to $3K next year onwards, it will still be worth my time to do SSPN for the next 15 years due to the total IRR pa% (Excel's XIRR). Note - i was already on SSPN since 2008, not "virgin" - lagi worse (longer time frame ma).

Thus, similar calculations/logic will be for PRS and the additional bonus is if one does equity PRS, equities generally rise in the long run due to inflation, economic growth, population (sheeples?) growth, etc.

This post has been edited by wongmunkeong: Mar 8 2017, 07:01 AM

er..
2nd paragraph (copied & pasted 1st two para below) - didnt write anything about FD

If U meant the 2nd line of the 1st paragraph - being sarcastic with the word "good" since our buddy stated "<=1%" PRS returns

"
hm.. i think U are assuming all PRS funds returns <=1%pa?
heheh. please do check first - not all PRS funds as as "good"

as for short vs long term, er.. dont U think think equities will "grow in price" in the long term due to inflation, economic growth, etc?
isn't that long term thinking?
"

yup, already made or up 5%+/- to 8%+/-
same deal with "oh lord, the sky's falling for Asian markets"

still the same folks chasing higher highs VS same folks buying lows & sitting on hands
different strokes = is good, is good - else too competitive

This post has been edited by wongmunkeong: Mar 18 2017, 10:55 AM

er.. bro.. if one is timing things instead of value cost averaging or DCA-ing, shouldn't one be trading stocks, options, forex, etc instead? wrong vehicle aint it?

Yaya. i do timing + probabilities but NOT for mutual funds.. which gawd knows hold what stocks (specifically - no, reports dont count as that's like gawd knows how many moons/weeks ago. Also totally not worth the cost & time Vs returns.

Or U really prefer to trade /switch/twitch mutual funds like made hoping to make 2 correct guesses (in then out, or out then in)?

oh well, no absolute right/wrong - IMHO, just.. time, effort & cost could be better used for other vehicles if timing.

bro - what U see MORE in forums are usually the "fast twitch" ones.
most of us "slow twitch" ones do not REACT to these "stuff", we RESPOND to value changes or % deviation from our planned portfolio.

As can be seen from the prior responses to your post - these fellow forumers are responding to your example Q (last sentence), instead of the bigger picture.

Same post (from U), Different focus (from us), Different reaction/response (from us)
It's a good thing - else all become lemmings / sheeples, right?

bolded & SIZED item
hehe - past week till now was good for my trades/quickies.
Trump / Drumph is useful for somethings after all

This post has been edited by wongmunkeong: Mar 29 2017, 10:22 AM

which is also a good thing (Asian sheeps, US lemmings) too - good for those who does second or third level thinking, else hard to make $ leh

some folks may be (just maybe) getting their lines crossed / confuse about diversification = low correlation

diversifying into many many funds may not get one low correlations between funds or fund houses.

personally, i'm just aiming for low correlation - mostly via different asset classes
AND
these asset classes spread into 3 to 4 medium to low correlated countries/currency - coz $ is just a value of trust in the government of that country/time

eg
Fixed Income, Bizs + Properties
&
MY (forced to ma, live here, earn here), SGD, USD, RMB

just a thought - no absolute right/wrong unless pure maths

fund houses shutting down - no biggie unless shut down due to bankrupt / severe mishandling & against UT regulations.
i still remember my or my mum's holdings in Southern Bank's + Ban Hing Lee's mutual funds - no biggie, taken over by CIMB + others.

Even funds being shut down - eg RHB BRIC, etc. - also no biggie as long as not due to kaput. We get the value back in terms of $. Heck, FSM was even kind enuf to allow me to use the $ to buy into other funds at 0% service charge - danke danke Sirs/Ma'ams @ FSM MY

This post has been edited by wongmunkeong: Apr 5 2017, 10:59 AM

deleted
urgh - sorry, still cacat at multi quoting

This post has been edited by wongmunkeong: Apr 5 2017, 10:59 AM

If I have >=$5K per month to invest:
a. For MY equities - i'd buy straight from the stock markets - 1 to 2 stocks per month, cost of transaction + cost of holding is much much lower, which compounds as U hold

b. For SG/US/etc equities - i'd open an account with SG/US/etc brokerage & buy once in 2 to 4 months (not monthly) due to forex & cost per transaction. By doing so, i'd beat the cost of transaction + cost of holding VS mutual funds sold in MY

The flip side is, to execute (a.)+(b.), one needs to have a generally good investment/financial knowledge + an investment plan & sizing based on costs & asset allocation & time allocation.

Just a thought - no absolute right/wrong

This post has been edited by wongmunkeong: Apr 16 2017, 10:21 PM

Do it part by part lor

eg.
1. Say U have $200K in PubMut
2. Redeem $50K to EPF
3. EPF to FSM $50K within 1 month of (2.)
Wait 3 months, rinse & repeat

then redeem less each round lor.
plan ahead.

eg.
1. I know i can cough up >50K per quarter from EPF to mutual funds

2. I know i want to get out of my EPF with PubMut & into some funds with FSM

3. Options:
a. Redeem from PubMut to EPF $50K > Wait for $ to go into EPF > invest into FSM $50K (triggering FSM before that of course)
b. Redeem from PubMut to EPF $50K > Straight off invest into FSM $50K (triggering FSM before that of course)

Rinse & repeat until all EPF in PubMut "moved" to FSM

3a. would be useful for those who wants to max-out the speed to "move" from PubMut to FSM but... gotta be very very ngam in calculation.
IMHO - not much difference coz the xx% of that "redeemed new into EPF" makes no big difference to the known (1.)

bwhahaah eh, sifu, oxymoron leh - "trading activity for making passive income"

trading is work, continuous work - buy/sell (or vice-versa), rinse, repeat
Vs
investing programmatically (DCA, VCA, asset allocation rebalancing, value, etc) - buy "right", zzz, wake up see see, zzz - or is that just me?

This post has been edited by wongmunkeong: Jul 5 2017, 01:13 PM

That's why one should cultivate the skill of asking sharp Qs that will implode the requeste heheh coz "the relatively richer one is, the more relatives one has"
eg of Q which i gravitate towards:
"so.. how much have U invested, how/why, can i see your tracking ar? U guarantee wan right?"
by then, the "relative" becomes relatively distant automatically

no lar.. $0.50 +0.03 for GST la, gip chance

heheh - he sounds like the same type of salty person that tried to sell LAND BANKING in the US to my friend.

"Mutual funds / UTs cannot do wan. make 2% to 3% only or losses. I know coz i was from MAA"
funny fler, he started squirming when i poked him with details & proof on his own "investments" into land banking, UTs, etc.
Dont even know the tool, simply use and then say stupid hammer cannot screw in the dang thing


Quick & dirty: Gold

Long winded AND logic:
a. Just thinking forward is just part of the game of investing. One should also consider where one is NOW.
eg. U looking for Bond Funds to hedge against Equities fall but.. with current interest rates so low, when them rates go up, what happens to bond prices?
hint hint inverse-relation between interest rate VS bond prices STRONGER than bond prices Vs equities' prices

b. Based on (a.), if die die want to hedge against equities fall, i'd hold a % in gold - keeping in mind gold doesn't do kaka when held (no interest, no dividends, no rental),
AND hold a % in cash (a basket of at least 3 currencies, what with FIAT currency = trust in that countries Gov and all that)
AND being a local, EPF lor

c. Bottom line - asset allocation / re-allocation & re-balancing lor

Just thinking out loud - no absolute right/wrong ya

This post has been edited by wongmunkeong: Jul 19 2017, 12:35 PM