This is totally out of topic already ,but i understand math is probably not the strength of many people. But if you can get better ROI from somewhere else, wouldnt it better to use that extra return to cover any shortfall in case the premium increase.

Just have to say the truth here, and i would not discuss about this silly thing anymore, else insurance agent will get triggered.

This post has been edited by backspace66: Aug 6 2020, 05:33 PM

Wahid heavy on tech and pharma exposure to HLAL etf. Almost 20% exposure to AAPL.

I know wahid only started to change to HLAL in june this year though.



In a nutshell, wahid is less diversified compared to SA and heavy on tech and pharma which have a quite a spectacular run since march.
Good thing or bad ,up to you to decide.

IJR which i believe appear in most risk index hasnt quite recovered as of now. Generally small caps appear to recover later compared to big caps.

https://www.cnbc.com/2020/07/10/miton-us-sm...%20small%20caps

This post has been edited by backspace66: Aug 7 2020, 09:33 AM

A bit inconsistent for me,. Previous week, jom pay on 28th (night) and deposit in SA on 29th and invested (buy order executed) on the same day.

As for this week, jom pay on wednesday (morning) and the deposit appear on the same day but buy order only executed on Thursday.

So my experience has always been like this in SA. A bit inconsistent but fast enough.

Brace for impact gold lovers. Nothing to worry i guess, since some are confident it will reach 3000 or even 4000 usd.

That would be great, if you have a 100% gold port

As for the 36% newer iteration portfolio however, the rest mostly is going up. So not necessarily buying on a dip in a whole. Maybe except for KWEB and since KWEB and gold is quite substantial as a whole, maybe laa, kind of buying on a dip.

This post has been edited by backspace66: Aug 11 2020, 09:56 PM

I believe you mean trading at a premium or discount not overvalued or undervalued. It is normal for etf to trade at premium or discount of it NAV, as it is traded like a normal share.

https://www.etf.com/etf-education-center/et...s-and-discounts

If we want to talk about value ,that we should look at P/E, generally that is not applicable to tech stock where typically we look at PEG.

https://etfdb.com/compare/lowest-pe-ratio/

However ,like stock low P/E does not necessarily mean good value, it could be trading at low P/E for a reason, for example the trailing 4 quarter p/e might be good but forward P/E might be high. Same thing with stock with high P/E , trailing could be high but forward P/E might be lower.

Actually when we talk about "value". Other investment firm already created basket of stock for such "value" etf

S&P 500 value, RPV
https://www.etf.com/RPV#overview

The “value score” is measured using
three factors: book-value-to-price ratio, earnings-
to-price ratio, and sales-to-price ratio. The “growth
score” is measured using three other factors:
three-year sales per share growth, the three-year
ratio of earnings per share change to price per
share, and momentum (the 12-month percentage
change in price).

If one really know the timing and extent of a future market crash, than please go ahead and short. Please take a look at the following example,most of them related to shorting the market.

https://www.finance-monthly.com/amp/2017/10...et-trades-ever/

If you are unsure, you can always take your money out of the market, but might lose on potential gains. Some might even move a higher portion to bond due to the perceived risk. No right or wrong.

For me the best strategy is the one where i can sleep at night without worrying what will happen to the stock market tomorrow. For me that means my exposure to equity is now less than 50% due to the "feeling" of market crash.

This post has been edited by backspace66: Aug 30 2020, 02:24 PM

Something to be hopeful for.

It would be interesting to check when SA will finally decide to return to the previous iteration for 36% portfolio with heavy exposure to US.

Hopefully made available again to everyone. Weirdly in the app, it is highlighted every now and then as "excessive risk" for this previous iteration portfolio, although i agree in some way especially for XLK but it is just 15% of the overall portfolio.

If anyone interestef to know, currently i still have the previous portfolio and was not forced to change to the newer iteration even until now.

This post has been edited by backspace66: Sep 3 2020, 08:49 AM

Not as bad as the single day drop in June. Time to do my own MYOFB version of cost averaging. Transferring the balance of 20% from newer 36% to older 36%.

Lol, get off your high horse. Which part of the sentence implied i didnt know about the march drop.

If it less than june and june is less than march.

This post has been edited by backspace66: Sep 4 2020, 09:14 AM

Managed to grab some with quite an attractive price yesterday.

T+2 for US based exchange, and also not suprising since all those etf has good liquidty. Imagine another alternative scenario if SA choose a zombie etf, it would be an entirely different story.

I have to give a thumbs up for SA efficiency these days, all my jom pay in early morning (working days) is invested on the same day for my last 4 transaction.

This post has been edited by backspace66: Oct 9 2020, 09:02 AM

It is important to verify if the etf has good liquidity first. I am not sure what kind of etf was chosen for investment in LSE.

If anyone havent filled up the epf survey;

https://survey2020.kwsp.gov.my/

I believe it is relevant here as one of the purpose to expand the choice for member self invesment which is restricted to unit trust for the time being. Option includes ETF.

It is the experience that matters , since he clarified before that he is a newbie in investment, i do believe this can serve as good experience regardles if he is right or wrong in the timing of the market. I am just hopeful that if someone got it right in timing the market, they do not have this illusion that it purely because of "skill" and ability to predict future events.

This post has been edited by backspace66: Oct 16 2020, 09:45 AM

The management fee is deducted daily (0.73% annual rate) is on the NAV by Kranshares, the fund company that issued KWEB, it is done in the background.

The 0.8% fee is from SA side and fully visible from the app itself. In a way, you paid additional to SA to "maintain" your portfolio. Even if you choose to buy KWEB by yourself, the 0.73% is always there anyway.

This post has been edited by backspace66: Oct 24 2020, 08:51 PM

I dont think that can be done as the management fee is deducted on the NAV as a whole in the background. The best can be done is lower transaction or brokerage fees only, but that is from brokerage side not fund house.

That 0.73% is definitely high but other ETF like IVV and VGK is much lesser than 0.1% IIRC.

Btw net asset for KWEB is 3 billion USD now, i doubt SA portion in KWEB in total even constitute 1% of that, but again it is still not relevant since it is applied on the total NAV.

This post has been edited by backspace66: Oct 24 2020, 09:22 PM