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

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young_97
post Aug 3 2017, 10:42 AM

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Hello, im new to investment,
I wanna ask is there any Unit Trust / Fund that we can just buy and sell after 1 month and have higher profit than the CMF ? People tell me UT/Funds need to put at least few years for profit

Thanks
young_97
post Aug 3 2017, 11:29 AM

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QUOTE(wongmunkeong @ Aug 3 2017, 11:19 AM)
Clarifications - U trading or investing?
If one doesn't know what's the difference, better be clear first the difference
THEN use the right tool or vehicle, and method(s) - trading <> investing, like herbivore <> omnivore

Just a thought - no absolute right/wrong ya, just be aware of what U want to do and choose the right tools/methods.  notworthy.gif
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Sorry I'm new on this.
Investing is more like passive income that accumulate over time right?
And trading is selling and buying in a short term?

I just move my money from maybank GIA-i to RHB CMF not long ago

This post has been edited by young_97: Aug 3 2017, 11:30 AM
young_97
post Aug 3 2017, 01:52 PM

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QUOTE(T231H @ Aug 3 2017, 11:41 AM)
» Click to show Spoiler - click again to hide... «

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Thanks, will look into It

QUOTE(vincabby @ Aug 3 2017, 11:49 AM)
speaking as someone who have gia-i before they kamikaze their products and being in FSM at the same time, you cannot have the same mentality with your gia-i here. if you put here, you will get higher than gia-i for sure, but it's over 3 years average to actually see results. if you want a month to month thing, cmf is the only place for you.

however, i know how you are thinking regarding interests and hoping to find something similar to eGIA-i, sadly, you won't find another one like that for awhile. those were good days. cry.gif
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cry.gif Either PMMMF or CMF i guess

QUOTE(wongmunkeong @ Aug 3 2017, 12:32 PM)
» Click to show Spoiler - click again to hide... «

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thumbup.gif thumbup.gif

So far i placed in CIMB-Principal Asia Pacific Dynamic Income Fund, seems the fund is performing well, might place for 3 to 6 months
young_97
post Aug 7 2017, 12:45 PM

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QUOTE(David83 @ Aug 7 2017, 11:35 AM)
Cautious: Last week, world stocks reached all time high.
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will 2007 financial crisis happens again end of the year ? confused.gif
young_97
post Aug 7 2017, 12:53 PM

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QUOTE(MUM @ Aug 7 2017, 12:48 PM)
Dow Jones hit record high last week. Sign shows might gonna happen soon cry.gif
young_97
post Aug 7 2017, 01:01 PM

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QUOTE(MUM @ Aug 7 2017, 12:58 PM)
how many times had Dow Jones hit record high since 1929?
https://www.thebalance.com/dow-jones-closin...ce-1929-3306174
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There's other sign also shows might have a crash, no ?
young_97
post Aug 8 2017, 11:27 AM

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errr guys, so if we placed money in CMF wont be affected much right? same as FD ?
young_97
post Aug 8 2017, 11:31 AM

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QUOTE(Ramjade @ Aug 8 2017, 11:27 AM)
Affected by what?

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market crash
young_97
post Aug 8 2017, 12:36 PM

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QUOTE(MUM @ Aug 8 2017, 12:04 PM)
read page 1 & 2
PRODUCT HIGHLIGHTS SHEET
RHB CASH MANAGEMENT FUND 2
https://www.fundsupermart.com.my/main/admin...nceMYOSKCMF.pdf

CMF is NOT similar to FD.
among other things...
CMF it is not capital protected like FD
CMF is not PIDM covered like FD
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Calm down mate. I'm still learning

Should be similar to GIA-i right?
GIA-i also not capital protected

This post has been edited by young_97: Aug 8 2017, 12:37 PM
young_97
post Sep 27 2017, 11:38 PM

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QUOTE(-TcT- @ Sep 27 2017, 11:21 PM)
How come RHB Bond Fund drop so much recently? Long time didn't log in to myFSM app. Once log in, was quite shocked to see it dropped so much!
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Drop due to dividend distribution, last dividend on 20 Sept
young_97
post Sep 28 2017, 12:00 AM

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QUOTE(-TcT- @ Sep 27 2017, 11:58 PM)
Ahhh. No wonder. Can I know where FSM credit the dividend to? Sorry. I'm newbie... tq
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Will be reinvested back to your UT. Takes around 2 weeks to reinvest, so the dividend may not show up on your portfolio.

You will receive email when the dividend reinvested icon_rolleyes.gif
young_97
post Oct 27 2017, 04:51 PM

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QUOTE(Amanda85 @ Oct 27 2017, 04:50 PM)
may i know when there is dividend declaration which resulted in a steep drop of NAV, do you add more fund into it, while the NAV is low?
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QUOTE(AIYH @ Feb 9 2017, 11:11 AM)

(iii) Topping up my holdings after dividend distribution pulls down my cost per unit, lower cost = higher profit.
Just a simple example to illustrate, but that's essentially how it works...

You hold 100 units at RM1.00 each. RM1.00 x 100 = RM100
Let's say you get 10 units extra from distribution. After distribution you hold 110 units at RM0.9091 each. RM0.9091 x 110 = RM100

Now, let's assume you top up RM10 after ex-date,
RM10 / RM0.9091 = 11 units bought

Value of your holdings now:
(110 + 11) x RM0.9091 = RM110

Initial value: RM100
Top up: RM10
Total: RM110

Yes, topping up after distribution ex-date brings your unit cost down. BUT AT THE SAME TIME the value per unit i.e. NAV price also comes down - IT MAKES NO DIFFERENCE whether you top up before or after ex-date. Cost per unit in UT means little in isolation, the difference between cost per unit and NAV price multiplied by your units held is what matters.




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young_97
post Jan 24 2018, 11:12 PM

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Esther Bond looks like performing badly for the last 3 months

 

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