7 figures. Police reports have also been made many times. So far recover only about 15%
That my experience to share. Make sure it is regulated or else you better understand how the whole business work in and out.
Don't be overcome by greed. This is how our emotion is being play.

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Added on July 16, 2012, 10:04 pmActually, I am exploring Emerging Market now. I feel our local market valuation is high now. Just my 2 cents opinion.
Will do some portfolio rebalance soon.

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Added on July 16, 2012, 10:17 pmIn the weekend edition of The Business Times, 30 June - 1 July 2012:

"I am a proven liar. Don't believe anything I say," said Samuel Israel. He is the hedge fund manager convicted of running a US$450million Ponzi scheme who faked his own suicide in 2008 to avoid his prison sentence before turning himself in after a worldwide manhunt.

When asked what can an investor do to avoid being conned, he said, "Seek as much transparency as possible. If they do not understand exactly how a manager is making money, do not invest. If there is a secret process that cannot be explained, run."

Investors are sometimes too busy looking for profits to notice where the truth ends and the deception begins.

Quote I read from another Investment Blog.

This post has been edited by aronteh: Jul 16 2012, 10:17 PM

No wonder OSK-UOB is heavily promoted by them.

+100

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Added on July 16, 2012, 10:51 pmU too slow to realise that, Dave

But even before I started investing with FSM, I'm already a fan of OSK-UOB funds...Global Equity Yield Fund, Smart Treasure Fund, Equity Trust...made money with all of them with full sales charge back then when I'm investing thru EON Bank.

This post has been edited by Pink Spider: Jul 16 2012, 10:51 PM

Well I did ask about that but seems like nobody answer that.

Well, they DO promote funds from Pacific, AmInvestment and Kenanga...

From their list of recommended funds, I think FSM is fair and not bias to OSK-UOB funds.

Your appetite will getting bigger and bigger when u see ur money growing slow...wuhahahaha....Reits...i'm studying now

Asean Shares Best With Top Risk-Adjusted Returns: Southeast Asia

http://www.bloomberg.com/news/2012-07-17/a...heast-asia.html


Time to consider SEA portfolio? Hehe...

Can u stand the volatility? Some of the ASEAN markets are classified as "Frontier Markets"...their volatility is even higher then Emerging Markets

My SEA fund is the highest performing in my portfolio now!

Time to switch out?

Maybe cannot take too much volatility at the moment.. if I got substantial backup ammo/bullets, then I am not afraid of volatile.. haha

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Added on July 18, 2012, 11:37 amI think should keep it and monitor closely on EU and US.

This post has been edited by Kaka23: Jul 18 2012, 11:37 AM

U can always allocate <10% of ur portfolio to such high volatility funds...any disaster also AmDynamic Bond can cover for it

Bro.. sad to say, all my invested funds are not more than 7% of my total portfolio. Only 2 funds are above 10%.. see how sad I am.

Which could also means...u are OVERdiversified

My smallest holding is at 5%...biggest at 48%

My AmDynamic already take a big chunk of it bro... >70%

Both u and I are (too) overweight fixed income...stable but could underperform when equities rally

Ah... if AmDynamic bond didnt close for purchase, I would have so much overweight to fix income. Choices has to be made bro, I believe AmDynamic can give good returns as the EU and US thingy will still be dragging for 1, 2 or 3 yrs to go...

No idea. Still monitoring. As of today, the paper is 19.67%

How long you have stayed invested on SEA portfolio funds?

Lumpsum? or DDI?