Mr. WongMunKeong, how would you classify ASW, AS1M and ASM?

Many investors join PM as agent just to enjoy lower net charges.

Was tempted to join as PM agent for those benefits you mentioned. So PM the only intra-fund house with these in Malaysia? At 1.3%, the cost of using EPF for investment is low, good suggestion.

What do you think about the CIMB Trader Account 0% brokeage promo? Any hidden charges?

I am thinking of investing in Singapore esp. stocks like STIETF (all investment currently in Msia).
Which would be the best way(transfering of funds oversea & etc) and at lower cost, thru local stockbroking co like cimb securities or go direct to Singapore's stockbroking co?

Read that instead of putting in Balanced fund, better to split your investment into Equity fund and Bond fund yourself and effectively reduced your cost due to commission. Right?

No doubt China has an enviable growth all these while, but not their stock markets for the last two years.

Was at the Fundsupermart Fair last weekend and both the Greater China Funds recommended (Prudinasti and Manulife China Value Fund) gave double digit loss since 2010. But they did show that P/E is ten year low currently.

So China market is actually a crocodile pond, so how do you invest in China Funds if not thru Mlaysian Fund Managers?

Returns not so good unless invested in 2008. You bought thru dollardex or fundsupermart or Direct?

I realised that short/medium/long term few funds can match the performance of ASB. The Bumi are so damn lucky.

This post has been edited by MGM: Jan 16 2012, 04:18 PM

Read this article and its comments:
http://www.themalaysianinsider.com/busines...olls-says-bofa/

What is the best course of action to take if there is a change of govt.?
Sell all KLSE stocks and local funds and keep cash before GE13?
After GE observe and slowly accumulate non-BN bluechip stocks?

Wongmunkeong, always like to read your views.

But in GE12 BN won but with reduced majority, scenario could be diff if Pakatan wins. This round I think whoever wins ( it will be very close) the market will still lose, at least initially.
My strategy is:
Before GE, keep all my fixed-price ASNB funds, sell off all my KLSE stocks and keep cash.
After GE, buy non-BN bluechips with the cash-in-hand and slowly switch from ASNB funds to non-BN bluechips.

Bro Wong, when did u start investing methodically, and what is your CAGR since then? I am sure you are one of the few who keep track of your investment at all time.

Bought one of the book highly recommended by u, "Secrets of the millionaire ..." but have not read yet. Could not find the book on Twinvest.

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Added on January 19, 2012, 2:31 pmProblem with me is I never keep track if my KLSE stocks are making gains. Only border with total wealth (which is wrong). Care to recommend any software for easy tracking. Currently 50% on ASNB, 10% cash, 5% KLSE, 5% private equity. If after GE no severe drop, will put cash-in-hand into low PE market like China, KLSE PE a bit high.

This post has been edited by MGM: Jan 19 2012, 02:31 PM

Bro Wong, very good timing to start in 2009. Can see that most of your funds makes money. Profits % shown are after sales charge of 5%?
I notice that all are PM funds, why buy thru sales agent? Might as well buy as an PM agent.
2011 was a bad year for most funds, did u manage to make net gain too?

So u are using excel. I only have 1 UT fund. I am also using HLeb.

This post has been edited by MGM: Jan 19 2012, 04:03 PM

Sifu Wong, thanks for sharing.

This post has been edited by MGM: Jan 19 2012, 05:00 PM

Which assets to park at before and if Greece change govt, quit eurozone, and eurozone disintegrate?

Will this contagion hits Asia/Malaysia badly?

Taken From Singapore's Biz Times:

Greek euro exit would risk Asian crisis-style rout: Zeti

SINGAPORE] A Greek exit from the euro could cause contagion comparable to the Asian financial crisis, according to Malaysia's central bank governor Zeti Akhtar Aziz, who had first- hand experience of that turmoil.

"The worst-case scenario is what we saw in Asia," Ms Zeti, 64, said in an interview with Bloomberg Television in Istanbul on Wednesday. "When one economy collapses, then the market usually moves on to focus on the next one. Then there will be a contagion that will affect different countries that probably don't deserve those kinds of consequences."

European leaders are now openly talking about a possible Greek euro exit after attempts to form a ruling coalition in Athens broke down on Tuesday.

The debt crisis in the region sent Spain's 10-year bond to a five-month high of 6.5 per cent on Wednesday and Italy's 10-year bond yield rose to as much as 6 per cent, the highest since Jan 30

Bro, how do you buy these foreign REITS? Thru local banks? How do you pay for them since they are foreign invesments? Does Bank Negara still control outflow of funds for this type of direct investment?