Kalau tak faham, tanya...

...half knowledge is equally, if not more harmful than no knowledge

think US and EU will keep on print more and more notes. It ends up tons of tons of money flow to asia countries. I believe many asia countries have the pressure to lower down the interest. China already started to lower down the interest so not sure about msia. I think minor correction will happen after general election but not major. Look at many countries index, STI, HangSeng and KLCI still look ok. Just my 2 cents

Hope more people contribute more idea and thoughts.

when invested knew nothing, only because the agent told me the unit price dropped half and it was the best time to enter so dump 10k inside in Nov 2008..then continue DCA till the past April. When the agent suggested the switch, he only mentioned just need my signature and by next April I'll receive dividends. There questions came across my mind... if that's the case he should have asked me to join PRSF at the very beginning... so I dragged his appointment. not gonna sign anything before I know more about UT. Currently, I've decided to stay after identifying my objectives... long-term investment and capital growth. I'm not making any loss at the moment, if the unit price goes back to its 52-week highest which is around 0.2..my capital gain will be 50%!! So, by that time I can consider switching part of it to dividend fund to lock my capital gain there.
Si foo, pls enlighten me whether I'm on the right track. Thanks.

Units and NAV price in isolation means nothing

Just bear this in mind, your PROFITABILITY is measured by reference to your cost of investment vs current market value(units x NAV price = market value)

Anything else are "noises" u should ignore, ESPECIALLY those "dividends coming soon, invest/switch now to get it" rubbish agents talk

To lock down the profit, why not considering some bond funds? Dividend funds even though not so high risk comparing to high risk Index fund, but dividend funds are still investing high percentage in stock market. When correction or so-called bearish, blue chips like PBB did fall as well. Not to mention other blue chips like Genting, even though Genting is not considered as high dividend stock but i did see PDSF bought Genting in its portfolio.

Hehe - similar thoughts here since 2010/2011.
In fact, i put my $ where my thoughts are - and the results are nice
a. extra $ into REITs (local + foreign ) had the biggest returns for my 2011 & early 2012 tracking

b. consistently carrying on my programmatic investments for local funds & value sniping at local stocks (iCap at 25%+ discount over NAPS +PBank at 2011 low) though i'm holding back a bit of % (about 5% to 8%) for local funds/stocks investment.

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Added on July 31, 2012, 8:25 amI think most seasoned investors (myself included), do NOT lock-in an equity fund's profit by SWITCHING to another equity fund.
We usually (there are exceptions as always) SWITCH to bond funds as they are a different "animal" or asset class from Equity Funds.

IMHO, SWITCHING from Equity Fund A --> Equity Fund B, should only be for sub-asset class re-balancing (eg. generic to REITs focused)
OR
opportunity value buying (eg. PIX to PRSEC now since KLCI Index all time high VS PRSEC near all time low).

Just a thought

This post has been edited by wongmunkeong: Jul 31 2012, 08:26 AM

Thanks

I'm not familiar with REIT but it should be a good investment hence it distributes cash flow every quarters. But i am interested in IGB Reit. Can't wait for the IPO. Most of my stocks are distributing good dividends like Zhulian.

what is ur cost per unit?
cost per unit = total amount u invest / ur total units.

Not ALL REITs are good investment
IGB REIT? U mean MidValley + Gardens? Yeah - i'm waiting & prodding my broker for private placement on that too hehe.

Oops - sorry Mod(s). Slightly serong abit into REITs /stocks

On a "Funds" side thinggy - anyone knows of ANY EPF ok-ed equity funds that just does REITs?
I'm currently "forced" to do "self-directed stock buys" with my EPF A/C1 coz i want more exposure to REITs (nope, not "dividend stocks" nor "property stocks" equity funds, specifically REITs stock)

This post has been edited by wongmunkeong: Aug 1 2012, 08:13 AM

Wong Seafood, IMHO its not worth it to gain access to REITs thru UTs, better buy direct. Just my 1 rupiah worth of opinion.

Hehe - true but (there's always one mar) i'm not cash-rich mar, thus, trying to find more options with EPF.
About 45% of my investment assets are EPF-based, thus, if i can unlock that for REIT funds, it'll be much more manageable than just having only 2 options with EPF-based investments, which are currently domestic focused bonds & generic equities (ie. dunno whether REITs or normal non-REITs KLSE stocks).

The self-directed thinggy cost me 3% too, thus, i was thinking IF ada REIT funds via EPF, let the fund manager manage lar while i manage how much i buy in or switch out based on their NAV

Cash - i'm pushing into erm.. non-domestic assets as a hedge against good old RM devaluating, about 80%+/- of my investable assets are RM based, thus the want to move some % into other countries. Doing the norm bond funds, REITs, normal stocks & equity funds with it but all on non-domestic assets.

This post has been edited by wongmunkeong: Aug 1 2012, 10:23 AM

U can invest DIRECT with your EPF savings...buy into REITs

Nowadays we can invest in stock market with our EFP account 1. But the same that it does have limitation like investing in mutual funds. You need to have certain portion of money accroding to age. age 31 needs to have basic 50k, then 20% of the remaining. Try search for thread - Withdraw EPF for investment. in this forum.

Are u Mr. Param from kclau website? If yes, u've answered me there. Thanks again.

yes.

Yup, i know (am doing it already with Amara Investments) and it still cost me 3% like any other equity fund + transaction costs (buy/sell) +annual mgt fees
See - i'm literally managing it yet.. heheh, thus, if there are REIT focused funds that i can throw my EPF $ at, at least i only manage the value + dollar averaging

Yeah yeah, i'm a calculative little bugger that way

u r saying, in addition to brokerage+clearing+stamp duty, u still have to pay admin/mgmt fees to invest with ur EPF money?

sorry I've not tried investing my EPF money, so dunno the fees involved

if that's the case, yea do it via REIT-focused UT seems a better idea

my 1 rupiah idea - look for dividend-focused UT fund with high exposure to REITs?

AMB Divident Trust is one I know...about 20% in REITs (mostly local, also a bit in S'pore REITs)

How about PUBLIC FAR-EAST PROPERTY & RESORTS FUND?

I don't buy UT thru banks and Public Mutual