Well done so far but since you admit that u only have about 40% Equities exposure then it's actually not such a great performance total portfolio wise.

Since most of my assets and expenses are currently in MYR, base currency is MYR.

So when I track investment value n performance, I convert foreign currency assets to prevailing MYR. It's not something I do everyday one.. Once a month or maybe two months. That's usually when my foreign currency FD matures... .I also look at trends to decide Top up, maintain or reduce..

But I don't trade US market... I support Bursa Malaysia.. 😆

This post has been edited by Cubalagi: Jul 12 2019, 05:26 PM

Thanks for sharing such detailed breakdown.!

I see private equity.. How do you invest there? Is it via a fund?

Personally, I can't take too many platforms. Too much work to track n not so convinient to switch.

KLSE can't open tomorrow coz it's Sunday... 😅

N if u mean Monday, then it is impossible for KLSE to drop 40% on a single day. Most ppl are probably aware that there is a limit down price of 30% for stocks above RM1. But what most ppl are probably not aware is that there is a KLCI limit down of 10%. This has been triggered only once in 2008, right after GE where BN lost 2/3 majority.

At current level, this would mean a 166 point drop, putting KLCI at 1500. If for some strange reason* that happens, I would likely buy on Tuesday... Does it make me a market timer? .. 😆

* actually come to think of it.. I can think of one reason our market maybe can fall tht way under current condition.. . Someone important pass away..

The KLCI is the sum of those big cap stocks, with each stock carrying different weights and points in KLCI. The stocks will fall at different levels and at different speeds, but once the accumulated points caused the KLCI to drop 10%. the whole market (not just KLCI stocks) will be suspended.

Ha ha.. Sifu has spoken.. 😆

Take down notes

Based on this I'm a market timer..

I use macro indicators like index levels, economic outlook, foreign n retail participation levels etc to decide when n how much to enter and exit market. Then do some FA to pick the stocks.

Malaysia n China (HK) equity market, this work for me, so far. US market.. I probably won't do so well (thts why I dont invest there). I think US being superpower, some economic concept gets suspended.

This post has been edited by Cubalagi: Jul 16 2019, 01:49 PM

Better some disturbance then no activity.. 😆. Otherwise koptiam only.

I started DIY investing in 2012..

More like a born-again investor.. 😆

TS sold all in December last year r. There is still more than 5 months to end of the year. Could still big crash coming this year, SnP500 and KLCI start falling down to 1200 levels... . Owai.. World will shake n TS will say I told u so...😅

This post has been edited by Cubalagi: Jul 17 2019, 12:44 PM

Where got massive returns on bursa? 😆

https://www.thestar.com.my/business/busines...-really-boring/


This post has been edited by Cubalagi: Jul 17 2019, 01:58 PM

Small mid caps got la.. Even some large cap Bursa could make money. But without a broad based rally, it's much harder. Hit n miss.

Hehe.. Dont lock this thread again ya..

I guess this is the question, whether COVID-19 is THE feather.

Historically if u look at SARs, market rebounded after the virus peaked. Otoh, we live in a very different world now then 2003 n history may be different.

So my strategy is not to go all in, but also not to go out completely from the market. With a more defensive posture compared to end of last year, where I was more bullish.

Only after "Crash"? How do u define Crash?

KLSE from its peak in April 18 to now is down about 22%. So the crash has happened then.

Or are u referring to other global markets?

I would say the klse slow-mo type of crash is more dangerous than a fast crash, which tend to have a V recovery. But since you are talking about a global market crash, then maybe the MSCI World Index is a good benchmark.

https://www.cnbc.com/quotes/?symbol=.WORLD

It's currently at 2212 points, after the correction last week. Peak was at 2434 points on 12 Feb 2020. A 20% correction from peak would mean that it would need to fall to 1947 points.

I recalled you sold "all" (u never stated which stocks) in Dec 18. So just as comparison, as at 31 Dec 18, the MSCI World was at 1904 points. Means that, even with a 20% crash, you would still be better off staying in the market.

So I think you need to look at a 30-40% global crash, for the decision to stay out to be correct (unless you are a bursa player haha).

If u look at SnP500, measured from peak in 2007 followed by the crash and recovery to the same level, took about 4 years and not 1 year.

This post has been edited by Cubalagi: Mar 4 2020, 11:14 PM

Wrong stock selection then coz the market hasnt really crashed from end 2018. U could have just bot SPY n would hv made good returns.