QUOTE(ganesh1696 @ Jun 12 2021, 01:54 PM)
Hi,
I've read that article in fsm sg as they are suggesting to switch out of ARKK & BLACKROCK NEXT GEN TECH FUND..
Unfortunately I've invested in both funds in malaysia AFFIN GLOBAL DISRUPTIVE FUND & AFFIN NEXT GEN TECH FUND.
Once they were profitable, arkk fund was almost 20% when it was at peak. Should've sell all holdings at the peak but no one can predict anything.
During arkk's dip CATHIE WOOD appears in some businees channels almost everyday and claims her stock picks will be bullish in near "future"(don't know when). She was extremely bullish on her stock Picks. But arkk's downtrend continues.
Last month I've trimmed my holdings in affin global disruptive fund at both FSMONE and Eunittrust. Now my current holdings still at loss. In FSMONE at (-11.55%) and EUNITTRUST(-7.85%) as at 11/6/2021
Still deciding what to do next whether to Hold or sell all at loss.
Doing some research on some funds.
ARKK it is direct buying ETFs rather through 3rd party which the fees will take more up during bearish run hence which is why is not suited for you because it is a long term holding of at least 3years
QUOTE(ganesh1696 @ Jun 14 2021, 11:55 AM)
Hi friends,
Are there any options to invest in US based index fund in MALAYSIA apart from STASHAWAY.
I could only figure out options in Singapore (FSMONE and TIGER BROKERS)
Are these platforms safe and trustworthy enough to invest in ?
As I am residing in Malaysia, and I don't have any bank account in Singapore .
This means both deposits and withdrawal will be charged high fees.
Anyone have invested in US based index fund eg: VOO(Vanguard 500 Index Fund ETF) apart from (STASHAWAY MY & SG).
share your opinions.
Try AKRU Portfolio 10 or MyTheo growth portfolio
QUOTE(encikbuta @ Jun 14 2021, 05:05 PM)
hope this isn't off topic to this thread. yea, i am also invested in StashAway 36% but right now, it's 20% GLD, 40% Asia and only 40% USA. so it is not mostly invested in USA like i hoped. That said, I will still keep StashAway in my portfolio (for now) because their portfolio allocation has been doing quite well. and i will accept from time to time, they will change their USA & Asia & Precious Metals weightage based on whatever their system decides.
but going back to ganesh's question, i still prefer to have a portion of my investment to be fully (or mostly) invested in USA at all times. right now that would be United Global Quality Equity Fund but i'm hoping in the future to move it all to an ETF that tracks the S&P500 i.e. VOO, IVV, SPY.
If your are into SA with more US exposure your risk index should be 30% because 55% of the equities are invested into US with XLP and IVV exposure
QUOTE(debonairs91 @ Jun 16 2021, 05:54 PM)
Hi need advise if there's any good place I can put my money now for my fsm portfolio? Should I put some into US? Or commodities?
Current portfolio
Malaysia - 22%
Asia Pacific - 12%
China - 25%
Global - 11%
Money market - 30%
Both are commodities and US is at high you be better off buying into China, ASEAN, Emerging and Frontier Markets
I suggest that you either look into sectors, thematic and cyclical plays for better diversification