i think i'm merely wasting time.. debating with you as you refuse to 'see' that i'm not referring to the same timeline you're referring to..

moreover, kindly read more about unit trust (i've done my reading/research 2 years prior to investing back in 2003).. i don't want to claim that i have more knowledge than you do..

it's just funny how you only see the way you see, regarding fund distribution.. and you're entitled to your views.

Think you misunderstood me - because of the money I lost on Msports, I only made 10% overall for Bursa stocks. I managed to catch the upswing for Msports and Xinquan, but they were not enough to cover for the losses on the down-swing ...no more Malaysian-listed China stocks for me.

I picked those 3 equity funds because I wanted overseas exposure, specifically exposure to China's growth.

Actually, I have another RM50k in CIMB's Global Titan fund (US, Europe, Japan) and HSBC's NEAT2 (north-east Asia) but they are poor performers - perhaps only 3% up.

I can introduce you to our broker, but we're fairly conservative, we don't gamble or punt or speculate. We invest, our time frames are typically five years or more, and we're only targeting about 30% a year. It's quite boring actually.

Hehe, I didn't know anything at that time. Just bought based on recommendations in the stock market thread. As I always say in the stock market thread, I like to follow people's backside!

Oh, even though I wrote a guide about stocks, I'm still a noob in stocks. I can't even understand financial reports as I'm not in the financial field.

I would say that I'm lucky to have entered the stock market at the bottom. That's why I want to exit before my luck runs out.

Hope the bear returns soon!!!!

30% a year boring? You're kidding right?

I'd be happy to maintain an average 10% a year!

aiyaa.. cimb funds are the most cost ineffective ones around!

Thx but I'm exiting the stock market. Will only consider entering it again if the market crashes !!!

Note : This does not include the occasional "gorenging" which I have become addicted to!!!

This post has been edited by kmarc: Jan 3 2010, 10:26 PM

maybe our ma'chaa.. here are so used to doing 60rpm(returns per month) that 30 is abit amateurish?! *lol*
vroom.. vroomm.. 60rpm!!

Your example was wrong to begin with. But no dispute/reasons from you why it cannot increase by the same 1 cent? That's because you don't have valid reason.

Amazing you're a lucky gambler I'm not. If I don't have a solid plan I can't sleep at night. We could have made 30%+ as well, but it was a heck of a risk to take, I mean how did you do it? you could have been wiped out in a month, you didn't think that you could be wiped out, or suffered serious losses if one or all companies went under?

be honest.. what you did is as good as gambling/punting and i hope you're not trying to sell snake oil that claims that you're conservative/don't gamble/punt/speculate... when the very fact you've done in red is gambling/punting

who're you trying to kid here?

We're targeting 30% a year. Whether we actually get 30% a year remains to be seen.

So many posts this half day.

I am not an agent. I play very small in PB mutual.

The enrol fee is indeed a lot, why they don't allow walk in customers?

Of course if they charge me 7%, I would expect them to earn me at least 20% right?

Public small cap has good history. Everything is risky.
For me, the good thing about mutual is we can just sleep and let them to manage. And see it once a month.

Of course no point if the company cannot perform. I expect at least 10% for the next year, if not, I will withdraw..

I bought my first batch of Smallcap on 2005, then followed by another infusion at 2007 and last one early 2009.
The 2005, one about 70% gains, 2007 break even and 2009 got about 50% gains. IMHO Smallcap is a good return but risky stock.

One company did go under recently!!!! LCL went PN17. My first and only realized loss after one year of stock trading. Cut loss after 30% drop but was lucky as it dropped more than 80% after it went PN17!!!! I was also lucky as I didn't hold much of that counter as most of my cash was shifted to REITs.

That's why I have never played any stocks until Nov 2008 when I thought the market was at the bottom. I just didn't want to take too much risk.

Errrmm.... how I did it? Errrmmm..... I started off planning to invest long-term in bluechip counters. However, got hooked on "gorenging" as the market was volatile. Made some money buying on dips and selling at high (counters such as Kinstel, LCL, gamuda, Sime, Uchitec, Lionind, Scomi, KNM, etc).

However, most of the money made was holding on to counters during the bullrun. The sad part was that I exited early as I thought the world economy was still in shambles and there would be a double dip. And there was the "feng shui" chart which predicted a market dip in Q2-Q3 '08! So, I sold off most of my holdings in Q2 and missed the BIG BIG bullrun until the end of the year. There were a few forumers who rode the bull and got really good gains but I was not one of them.

Whatever it is, I'm happy with my profit and I don't look back and ask "What if".......

My lesson for the 2008 market crash is when it ever happens again, I will definitely buy bluechip counters for long-term investment.

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Added on January 3, 2010, 10:56 pmThx for the info. Really good returns leh.

This post has been edited by kmarc: Jan 3 2010, 10:56 PM

Hi all,

Sorry I'm noob in PB fund. Just wanna get some opinion from all experts here regarding PUBLIC AUSTRALIA EQUITY FUND and PUBLIC FAR-EAST PROPERTY & RESORTS FUND. I see the potential of these two funds. What do you all think? Would love to hear from you all...

Thanks.

Yea I did, that was the one and only time I was in the local market. That was because I didn't believe his claims that he could make 6% a month. So I put up some money, he put up some money and he showed me how it was done. I was sweating a lot because, like you said, it's gambling. It was gambling for me, because I didn't know what I was doing, but it wasn't gambling for him because he had all that stuff that I could make head or tail of that backed up his decisions. In the end I just made 6% in the one month that it took for him to prove me wrong. He went into private banking after that, so I never got the chance again.



It was gambling for me, but it wasn't gambling for him. I just followed him and sweated a lot. I was always thinking "if one company fails..." but he knew what he was doing so I just tagged along.

Now I don't gamble, I don't even speculate. I invest. I've never been comfortable punting like you guys. I like to set a strategy and follow it. We've hashed out every scenario, and we know what to do when something happens if it happens, so it's quite boring in the sense that we're not going "omg omg it's dropping what do we do what do we do" lol

We just identify the right market, wait for the right time, and then we're in. We know exactly what the risks are, and we know we can handle whatever comes, so it's not like I have to look at it all the time.

Fund managers, might get faster news, but remember, that the fund manage hold funds in the billions so if they try to load up or unload huge amount of stocks, the traders will get wind and do the same. So that's why in bad economy the funds generally somewhat follow the market cause they can't unload millions of shares in one go without devastating the price.

I can't be bothered with all those ASM, ASW etc cause they have quota of investmnet, if i want to invest, it will be on my own terms.

kmarc,

place your bid onto PIX.. that way you can sleep better.. after some fine tuning, i find the correlation of the bursa FBMKLCI is much closer..

btw, any hope for a pre-cny rally ah?

I have read the financials for CIMB funds, some of their funds have double layer management fees >2%, and also thier bond funds is one of the most expensive , so far i have not invest in CIMB funds cause they are expensive .