Yeah it higher than AMB Dividend fund as of now.

For god's sake how many times do we have to repeat this

U SIMPLY CANNOT JUDGE THE VALUATION OF A FUND BASED ON ITS NAV ALONE

u have to look at the valuation of its underlying assets

I.e. Fund ABC at RM1.0234 vs Fund XYZ at RM0.8975, Fund ABC = expensive? NO!!! A fund's NAV pricing CANNOT tell whether a fund is "expensive" or not.

U have to see
(i) the P/E i.e. valuation of the equities the fund holds and
(ii) the dividend yield of the equities it holds

Sigh

This post has been edited by Pink Spider: Oct 24 2012, 07:58 PM

some people loves to see more units they purchased...

I have 2 "bungalows" valued at RM2 mil each
vs
U have 5 "apartments" valued at RM800K each

so, having 5 "apartments", more glamour?

syiok sendiri

http://finance.yahoo.com/news/dollar-cost-...Y3Rpb25z;_ylv=3

Is Dollar-Cost Averaging Overrated?
Snippets:
The result: The lump-sum method delivered higher returns compared with the 12-month dollar-cost averaging method about 66% of the time regardless of whether an all-equities, all-bond, or 60% equity/40% bond allocation was used.

The authors note that the longer the dollar-cost averaging time frame, the greater the chance of the lump-sum method outperforming.

It's also worth noting that while lump-sum investing consistently outperformed dollar-cost averaging, the average rate of outperformance was relatively modest. Using a 60/40 equity-bond allocation in U.S. markets and dollar-cost averaging over a period of 12 months, the authors found that after 10 years the initial $1 million investment would have grown to $2,450,264 on average using the lump-sum method versus $2,395,824 using dollar-cost averaging, a difference of about $54,000 or 2.3%.

So the Vanguard study proves it's always best to invest in a lump sum if possible, right? Not so fast. As the authors concede, during market declines, the dollar-cost averaging method often performs better because it helps mitigate the effects of falling share prices, whereas the lump-sum method puts all the capital at risk in the market at once.

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IMHO (your mileage may vary):
a. it's all about risk (exposure of capital) to rewards.
b. in a so-so average market, dollar averaging, value averaging or a combo is good for controlling exposure (other than an over-arching Asset Allocation lar)
c. in an already down market (end 2008 / early 2009), lump sums would do statistically better coz lelong sale...
but (there's always one) don't lar "sai lang 100% cash in", may be in lump sums of 2 or 3 tranches. Heck, after falling 40% - 50%, wild value lelong prices BUT who says market can't fall another 20% or more from there? Those who says no, take a look at 1997-1998, double dips in KLSE

Just sharing some thoughts, no perfectly right/wrong yar

so, Wong Seafood opine, now is a "so-so average market" or "already down market"?

My opinion is so so market in US and Asia region

Euro market is down...

Below are just pure opinions yar, not gospel truths.
hehhe - depends on WHICH market
MY - i think it's like near/on the top of a roller coaster's "hill".. be AWARE getting in now
SG - so-so
Shanghai - looks slight recovery started a couple of weeks ago. at 21xx VS 2008/2009 norms of 19xx and lowest 18xx, i bought 1 tranche in already earlier
US - very worried about Jan's "fiscal cliff". Looks similar to MY currently

but IMHO, for long-term good, US NEEDS to fall off the fiscal cliff. Their government spending really needs to control. But for the health of the global economy, we need the americans to keep spending and spending and to incur more debts and debts and debts.

Very much the same opinion as me. Except that i am getting more interested with the chinese market. PFES especially although it has exposure about 60% in china. Mind to share which fund you bought 1 tranche recently?

Wong Seafood buys CIMB ETF

If US do not take action approching the Jan Fiscal cliff.. US will go into recession which is very dangerous. Hopefully they could extend a bit longer the Bush administration Fiscal policy or come out with a policy which will make the economy grow..

Bro - from my reading and logic, US' Gov spending craze is POWERING private businesses' profits.
When fiscal cliff comes & IF they actually cut spending... koyak man their market's businesses' profits
IMHO lar

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Added on October 25, 2012, 11:34 amhehe - U've got an elephant's memory. CIMBC25 ETF to be specific

This post has been edited by wongmunkeong: Oct 25 2012, 11:34 AM

hello there , just get some amb dividend trust fund as my 1st start , cant get any amdynamic bond

Alternatives (in order of risk exposure):

OSK-UOB Income
AmBond
Hwang Select Bond
RHB Asian Total Return

RHB bond fund also can consider. YTD return 9%
http://my.morningstar.com/ap/quicktake/ove...ceId=0P00008MIP

Btw, since last week chinese market rebound quite fast. Initially want to top up, but the market havent take any correction. At the same time worry it might move higher.

thx pink spider = )

Don't worry, AmDynamic Bond replacement will be out soon. Target to lunch in November this year.

hmm is it okie for buying amb DTF as my start?? or should i pick those fund with low risk , sorry im so new >.<

AMB DTF is already quite low risk, but valuation of dividend stocks are on the high side currently, i.e. u have limited upside potential, significant downside risk. If u intend to hold for long-term (at least 5 years), just buy and hold, no problem.