Yea true also if focus too much on US treasuries alone. Will have more risk if something bad happens to US debt (such as a default).

Will buy some AGGG. At least will get dividend semi annually even if ETF price goes down.

Out of curiosity, thoughts on ABF Malaysia Bond Index Fund?

Also, which platform do you use to buy SGX stuff? Most platform I know do charge a rather hefty fee for SGX access.

Thanks for sharing. Also the reason why I am not a big fan of bond. As you pointed out, equities drop 30%, bond up only 2% ? equities drop 50% bond up only 7% ? And that is your monies will be tied up for quite a lot of years which can be used to invest to get higher returns like equities etc in good times.

In another SG forum, I have asked can the definition of "bond" be stretched further like bank FD, insurance endowment plans, CPF (Msia EPF) etc with guaranteed capital protected investment? If yes then the so called "bond allocation" need not be strictly confined to bond or bond ETF or bond mutual fund.

Staples ETFs and REITs right now many in the red also. We just need to hodl through this tough time.. things will get better later. Treat it as a discount to get the stocks or ETFs that you like.

just found out Malaysia's own popular MMF (money market fund) is Versa.. interest payment being bi-weekly and able to withdraw next day (if submit before 2.30pm business day) is great! It is also SC approved launched just last year in Malaysia.
downside is they invest using MYR it seems.

Stashaway simple would be using USD. However withdrawal part then really slow usually 3 days at least.  And interest payment only done once a month. Both Versa and Stashaway Simple has a projected retur

Just tested Versa with some small funds. Interface really clean. Find some referral code via google so that will get RM10 on first 100.

Buying during pandemic? That shouldn't be too bad. (Why did u sell btw?)

The test for a real defensive asset is what happen if u bought before the pandemic/recession?

For eg. The Singapore REITs index dropped 30% in from Feb-March 2030, in line with the broader market. Basically kaput as well.

Likely he sold it coz he already made from the REITs from prev growth.

So right now use the money from the sale to buy more good stocks or ETF. They are on a discount now. Since these has a higher chance to grow and shoot to the moon once this downturn is over.

Once Fed stop increasing interest rates, that’s when you’ll see market return to normal. Maybe not as good as 2 years ago but definitely some growth that time.

Yea i checked again and it mentioned denomination is in MYR. Might as well choose Versa.

Let's see the new one by Kenanga is better or not.

Glad to see some fine tinkering on asset allocation happening here.

What suggestion would you give to a Malaysian who prefer the passive investing method of John Bogle but prefer that his exposure only in ringgit? Can be any global diversified asset, but must be denominated in ringgit, and preferably these fund houses and etfs are Malaysian home grown too.

Thank you.

Market timing, sector tilting, region tilting, factor tilting. All that Jack Bogle warned against.

It's okay to do so, but that's not the Bogleheads way.

It has to be low cost, so unit trust are already fully out; It has to be broad-based, so Bursa's out too. The closest acceptable thing would be Roboadvisors, while I can hardly recommend any of them, a few of them do hold primarily VT or SP500 with a healthy amount of bonds or stable assets even at the highest risk portfolios.

Can't really have exposure only in Ringgit, that'd limit the person to Malaysian funds, which have a massive currency risk and political risk. International funds traded via converting MYR to something else immediately before buying could hardly count as MYR exposure, and Ringgit denominated ETF listed on Bursa are all of rather questionable and concentrated with uncompensated risk...

Really can't provide much alternative there, this is simply not a way to invest that's popular in Malaysia...people don't want to get rich slow, in general.

Also note the 20% APY is not sustainable:
https://wantfi.com/terra-luna-anchor-protoc...it-pay-20-yield

This youtuber also mention the more people stake in something the less its interest will be later on (4:27)


I'll stick to the usual ETF and stocks. Possible to have returns of 20% or even more a year or in two years time if you pick the right ones. Much more secured as well.

It can be lose big time too so it is always two sides. I see so many investors in other forum complain about their losses on China stocks listed in US stock exchanges. The interest in accessing China A shares and HKEX gaining traction there.

Bogleheads? Has quite strict definition and a lot of investment would be out including mutual fund. Even sector theme ETF are out as they are pursuing low cost index tracking funds and only a few will do. I cannot. How can I eat economy rice with same 3 dishes every day for years? I like noodles actually, rice is just to fill stomach.

Agree. Options is complex and high entry requirement (100 shares and some need margin account). Predict wrong or something unexpected happens then bye bye to earnings. Might need fork out extra cash too.

Haha, that's why I keep as little MYR on hand as possible and start looking to earn in non-MYR currencies. MYR is just a depressing currency.

Referring to your post above, it's crazy how Stashaway and other Roboadvisors fee of 0.7% can severely eat into the dividend yield of their corresponding ETFs... Even just investing in non Ireland domiciled ETF is wayyy better. Hopefully there will be local platform that provides Ireland domiciled ETF in the future..

Wew, must have big fund to purchase BRK B 👀.

Might consider Oracle of Omaha when I have enough funds. 😬

And it would even be better if Msian can use EPF and Sporean can use CPF for the regular invest due to super low cost. Anyone know why cannot becuz there is still risk?

yea, Global Titan Fund by Principal no longer accepts EPF investment.. starting 1st April 2022. If I know earlier last month should have added more. Didn't read the fine print. 

Avoid China tech for a while. All latest China fund factsheet I have shown fund managers all have shifted to Industrials, Consumer Cyclicals as top sector and tech is relegated to maybe 4th or 5th position. This mean fund manager are also actively avoiding the China tech sector. In times of crisis we witness fund managers doing the hard work.

For index tracking ETF too bad hard for them to avoid if all stocks in the index all perform badly UNLESS can remove those non-performing stocks from the index so the ETF no need to buy those stocks ?

I have the contrarian view. If you are really lucky, you get in at the right time and your fund manager gets everything right. But I think this chance is low for most ordinary ppl like me. So far I have not heard anyone gets rich because he bought a mutual fund. It can be part of your portfolio with a moderate return if you carefully selected it but I think it is unlikely your best investment. Even mutual fund is tied to policies to hit certain turnover etc. just like our EPF. If at one time market panic, many holders redeem for cash, the fund has to sell down the equity to fund the redemption even the fund manager thinks it is the worst time to let go the stock.

Sometimes it is wise to diversify investment instruments. ETF mutual fund individual stock etc. For China ETF I think HKEX quite a lot but if you use IBKR the fees not that cheap. IBKR mainly for US trading. Tiger moomoo also not cheap basically HKEX China A shares yet to find cheap 35 cents fee.

I am eyeing HKEX Global X Electric Vehicle ETF although in SGX NikkoAM also launch one equivalent to compete. EV not tech correct?

It's just a one time setup, I believe it took me a day to get everything in order - maintenance is about 5min every 5 or so months. It's alright I guess? I tried to minimize the effort needed to maintain it so I would maintain it, haha.
Well, if I am incapacitated enough that I couldn't reset my dead man's switch, they would get access to my account in 6 months. If I am incapacitated to that point I would be at their mercy regardless, which I do hope I will have a good enough relationship to be in their care without being taken advantage of.
My will is only applicable at my death, and I believe estate tax will not be applicable to my fund in any scenario. Unless you have something in mind that I may have missed? I would very much appreciate the advice.