Err isn't the currency conversion fee for SA 0.1%?

Mine at 36% too. And yes, lost about 1. 3% on Friday. Wiped out Jan's gains. Have to resist the urge to use emotions to process the result. Instead, sit back, relax and standby bullet. Buy at discount if further drop.

That's true. That being said, in the long run it wouldn't matter if you DCA or lumpsum, I guess. DCA is more of an emotional management tool than anything.

Gains for the last two months almost wiped out. But it's ok, we're in it for the long haul.

In that case, wahed may well be the cheapest avenue for us to get maximum S&P500 exposure at 65% of portfolio (very aggressive portfolio settings in wahed) . Even SA only gives us 15% exposure to S&P500 at 36% risk index.

This post has been edited by B500: Jan 29 2020, 12:03 PM

If not mistaken, pure S&P500 returned better in the past year. But SA offers better risk-adjusted returns in the long run.

This post has been edited by B500: Feb 7 2020, 04:04 PM

It was a pretty fun and informative course. Just do it, you won't regret. Added knowledge. Haha.

There's alot of debate about whether gold should be considered a proper asset class or not. Some say that gold is just a safe haven to maintain the value of your cash and has no intrinsic income generating value in and of itself, as opposed to a proper company that is growing and has long term prospects of increasing exponentially in value..

What I meant was, there are arguments saying that gold has no intrinsic value. People merely buy it and drive the value up due to speculative reasons / hedging. But gold has no real income generating value, in and of itself. That's the gist of the argument. Haha. Actually it kinda makes sense also. The long term price of gold is actually more cyclical than upwards.

I think now would be the worst time to adjust your portfolio when markets are down. Correct me if I'm wrong, but it is the same as buy high sell low kind of thing. Best to wait it out and think long term.

The worst thing you can do is withdraw now. If you do so, it locks in your losses and you'll never get it back. It's like you bought high and sell low. But if you hold, even if the market drops further in short term, but in the long run markets trend upwards and you will regain those losses and more.

This post has been edited by B500: Feb 28 2020, 09:52 AM

The thing is, you can never time the market. Plus with SA, the transaction is delayed. So let's say you put in a sell order today. By the time it executes, would take 1-2 working days. In that time, the markets may have rebounded. Just like what happened over the CNY holidays. The point is, if you can stomach the risk, it's best to stay invested and not play market timing. I've read somewhere that most gains throughout the year are mostly attributed to just several days of very good rallies. So if investor misses a few of those days, it impacts their overall returns quite significantly. But end of the day, its your money, do what is most comfortable for you at the risk level you're at

Stay strong everyone. The current situation is a test to see who are true investors and who are mere speculators. Remember, this is for long term investment, not speculation or market timing. If you're ever tempted to sell because your portfolio is in the red, think again. If you really do sell, it means you've locked in your losses without anymore chance of recovery. Stay invested. As long as capitalism survives, the markets always trend upwards in the long run.

"Be fearful when others are greedy, be greedy when others are fearful." - Warren Buffet

This post has been edited by B500: Feb 29 2020, 12:44 AM

My thoughts exactly. Suddenly seeing quite a number of people here getting worked up over the slightest day to day dip in the market, then wanting to tweak the risk setting to less risk just coz markets have taken a slight correction, etc.

This post has been edited by B500: Mar 5 2020, 03:47 PM

Just a reminder that if you can stomach your respective risk levels, there's no need to tweak it when the market dives. SA has systems and algorithms in place (think :ERAA - economic region based asset allocation) to monitor various economic data and make decisions to reoptimise your portfolios accordingly should the need arise. This takes all the emotion out of investing. So for us, best to just stick to plan and ride it out. Even this shall pass.

This post has been edited by B500: Mar 9 2020, 10:47 PM

Risk profile 36%. My MWR returns as of this afternoon in MYR (-25.16%). Stay strong, all!

I think the lower stock prices far far outweigh the currency exchange factor..

When the market dropped >20%, the currency movement is negligible la.

Another calm down video by SA:
https://youtu.be/7yFRAA_UKgQ

TLDW:stay invested. Don't panic. Your profiles are still nowhere near the risk limit. You've already budgeted for this with the potential risks. So stay invested.

S&P500 just closed 9.29% higher! To those of you who pulled out due to panic and cut your losses, this is what I meant when I say you can't time the markets. If you miss biggest trading days like this, in the long run, your portfolio will look alot lower than those who just calmed down and stayed invested. Time in the markets > timing the markets.