HSCEI is now up 4.331%

Hopefully can recover the loses from the past two days...

KLCI
All Time & Current High: 24/07/2007 1392.18
Correction Low : 17/08/2007 1191.55

Stupid question here:

If I have a PB CC and attached it to my PBebank Internet banking, could I able to use it to topup my PM investment? Like using MBB CC to pay some bills (Streamyx and TM).

I don't think can. How I wish that can be done. Can collect points for CC

Also I tried asking can use CC to pay car loan, and the answer cannot

Because you're using a loan to cover another loan. That's the standard answer I got.

But investment is different. You can loan money for investment if you have confidence with the return.

The purpose of I'm asking this question is not because I want to collect points using CC. Points collection is not my main interest.

My purpose is so that I could have a more "regular" top-up with CC with the top-up amount that I'm sure I could afford and repay later.

I don't do SI or DDI since I don't have much reserve cash for doing so. I'm currently doing selective top-up based my mood or market's "mood".

Definitely it has more room to grow..
The coming months you'll see more growth from this fund..
I'll be topping up on Monday if the price is good..
HSCEI - 17,540.02 812.97 4.86%
Monday the price might break 0.2800 again..

No you can't..
You'll need to logon to PBebank and select the top up option..

This post has been edited by Jordy: Oct 5 2007, 10:48 PM

I know how to topup using PBebank. I was asking if my CC is attached to PBebank. If I topup using PBebank, will the drop down menu show my CC account whether I could select it to topup? Hope you understand what I meant.

Oh, sorry that I've misread your post..
Still you can't top up using your CC..
That will put more pressure on CC holders to need to settle the larger bill..

Wah, DJ rose so high again..
Looks like I'll be buying at higher NAV on Tuesday..
Now I really don't know if I should top up lump sum or go by 2 tranches..
One on Monday, and another one to average down if slump happens..

You really daring

Spekaing in general, the surprise thing is when market is low people scared to buy, but when it is rushing up high people only buy

That's why I'm so hesitate to perform a topup now. NAV for most of my funds are relatively high except PFEPRF which is now in loss region (-0.91% of SRR).

Haha, this is not called daring..
I take calculated risk..
People buy when market recovering ma..
But this is different..
I buy at the peak lol..
Still anxious to know the NAV..

People tend to buy when the market is low and also showing an upward trend. When the market is rushing up high, it doesn't mean you cannot buy unless you know where is the peak. Similarly, you don't buy when the market is tumbling down where you don't even know where is the sink.

Also, you have to remember that you shouldn't be greedy..
When the market peaks, buy and sell at your TP, don't hope for too much..
I set my TP for PCSF at 0.3400 by year end..

I will do that in stock exchange but in mutual fund, I think should play it a little differently. As long as the economy is not tumbling to hell, I believe the fund manager will be able to control the fund to reduce the risk of the investment, but in stock exchange, we are our own fund manager ... playing more conservatively is understandable. Not to mention, the service charge of 6% for mutual fund is too expensive if compare to the brokerage, stamping and clearance fees in purchasing stocks ...

If you're playing more stable markets, yes you can play it slow..
But I'm playing with particularly HK and China markets, so need to do the timing right..
Particularly need to time the exit with the desired profit..

But you are aiming for 6 cents of increment, minus the service charge ... really not much % ...

That's why I'm getting large volumes..
% not high but with my volume, net profit is also high (in thousands)..

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Investments (Valued On 21/09/2007):- FD (17.40%), PSMALLCAP (15.99%), PIOF (15.76%), PRSF (25.65%), PGF (23.68%), PIEBF (0.76%), PISBF (0.75%) = 100% (Net Profit = 11.25%)

Investments (Valued On 28/09/2007):- FD (16.92%), PSMALLCAP (16.13%), PIOF (15.72%), PRSF (25.86%), PGF (23.89%), PIEBF (0.74%), PISBF (0.73%) = 100% (Net Profit = 14.38%)

Investments (Valued On 05/10/2007):- FD (16.59%), PSMALLCAP (16.32%), PIOF (15.72%), PRSF (25.87%), PGF (24.06%), PIEBF (0.73%), PISBF (0.72%) = 100% (Net Profit = 16.65%)

Seem good but too bad today KLCI drops