Comments on: Is Malaysia’s stock market recovering? http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/ Story about my journey as a novice in investment and money making Mon, 02 Jan 2012 02:45:38 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Alvin Lim http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1382 Alvin Lim Sun, 19 Apr 2009 05:30:30 +0000 http://novice.alvinlim.info/?p=348#comment-1382 <b>@ Eng Hua</b> I don't actually manage my PB Mutual portfolio actively since I'm treating it like a savings account. The reason I'm still putting money in even though I don't monitor it that much is because i want to diversify my investment. Anyway, I only buy stocks when I have enough money or when I feel it's relatively cheap. :) I don't do much analysis, be it fundamental or technical. I only do qualitative calculation :P @ Eng Hua
I don’t actually manage my PB Mutual portfolio actively since I’m treating it like a savings account.

The reason I’m still putting money in even though I don’t monitor it that much is because i want to diversify my investment.

Anyway, I only buy stocks when I have enough money or when I feel it’s relatively cheap. :) I don’t do much analysis, be it fundamental or technical. I only do qualitative calculation :P

]]> By: Eng Hua http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1371 Eng Hua Sat, 18 Apr 2009 05:23:11 +0000 http://novice.alvinlim.info/?p=348#comment-1371 Since you are only monitering more on your stock portfolio, why don't you switch your fund out from PB Mutual. I think even if PB Mutual are small portion of your portfolio, you still need to monitor it under the rules of investing. By the way, if you are doing more on stock, do you do technical analysis and fundamental analysis on the company that you bought? Do you buy future to hedge your portfolio? On my point of view, PB Mutual is more predictable than individual stock. Let me give you an example, let say today KLSE Composite Index rose for 20 points, does your individual stock rose? Your stock will normally go up, sideway or down rite, but Public Index Fund for sure will rise. Just correct me if i am wrong, since i have study it for quite a well, i get the result that PB mutual fund are move closely to the index. Its good that you treat PB Mutual by saving. The method you use should be dollar cost averaging. But with this method,do you able to capture the major profit of your fund? Can it reach your objectives? Just spend me some time when you have more time in the future. Since you are only monitering more on your stock portfolio, why don’t you switch your fund out from PB Mutual. I think even if PB Mutual are small portion of your portfolio, you still need to monitor it under the rules of investing.

By the way, if you are doing more on stock, do you do technical analysis and fundamental analysis on the company that you bought? Do you buy future to hedge your portfolio?

On my point of view, PB Mutual is more predictable than individual stock. Let me give you an example, let say today KLSE Composite Index rose for 20 points, does your individual stock rose? Your stock will normally go up, sideway or down rite, but Public Index Fund for sure will rise. Just correct me if i am wrong, since i have study it for quite a well, i get the result that PB mutual fund are move closely to the index.

Its good that you treat PB Mutual by saving. The method you use should be dollar cost averaging. But with this method,do you able to capture the major profit of your fund? Can it reach your objectives? Just spend me some time when you have more time in the future.

]]> By: Alvin Lim http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1370 Alvin Lim Sat, 18 Apr 2009 03:57:52 +0000 http://novice.alvinlim.info/?p=348#comment-1370 <b>@ Eng Hua</b> Thanks for dropping by. To be honest with you, I don't monitor my portfolio in PB Mutual. I only monitor the portfolio in terms of stock investing which holds a majority of my investment. :) For PB Mutual, I treat it more like a saving fund. LOL. Wait till I get more time from my end, and perhaps will start studying the portfolio a little deeper. For now, the stock portfolio will keep me occupied most of the time. :) Bull or bear, it's up to how you control and your habit of investing. One thing which I've learned from my past experience - don't rush and be patient. @ Eng Hua
Thanks for dropping by. To be honest with you, I don’t monitor my portfolio in PB Mutual. I only monitor the portfolio in terms of stock investing which holds a majority of my investment. :)

For PB Mutual, I treat it more like a saving fund. LOL. Wait till I get more time from my end, and perhaps will start studying the portfolio a little deeper. For now, the stock portfolio will keep me occupied most of the time. :)

Bull or bear, it’s up to how you control and your habit of investing. One thing which I’ve learned from my past experience – don’t rush and be patient.

]]> By: Eng Hua http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1360 Eng Hua Fri, 17 Apr 2009 06:35:56 +0000 http://novice.alvinlim.info/?p=348#comment-1360 Hi, previously i was looking at penny sense and knowing from your comments that you have make a loss in PB Mutual and also share market. You are a smart investor since you are monitoring your own portfolio. Previously I am a investor and make loss of 50% in PB Mutual. After that I become an agent for PB Mutual because i want to find out the reasons that I am losing money. I am now able to identify the reasons that i am losing and I find out the traditional approach of investing in unit trust are no longer applicable and my fund are now recovering instead of losing, i would like to share with you more if we have the chance of meeting with you in the coming future. I am looking forward of sharing my investment methods with you, you can drop me email if you are interested to listen from me. By the way, anytime is good time to invest, either bull or bear, there is still a way. Hi, previously i was looking at penny sense and knowing from your comments that you have make a loss in PB Mutual and also share market. You are a smart investor since you are monitoring your own portfolio. Previously I am a investor and make loss of 50% in PB Mutual. After that I become an agent for PB Mutual because i want to find out the reasons that I am losing money. I am now able to identify the reasons that i am losing and I find out the traditional approach of investing in unit trust are no longer applicable and my fund are now recovering instead of losing, i would like to share with you more if we have the chance of meeting with you in the coming future. I am looking forward of sharing my investment methods with you, you can drop me email if you are interested to listen from me. By the way, anytime is good time to invest, either bull or bear, there is still a way.

]]> By: Alvin Lim http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1338 Alvin Lim Tue, 14 Apr 2009 04:52:21 +0000 http://novice.alvinlim.info/?p=348#comment-1338 <b>@ Damien</b> Properties are good for companies - tax related issues. :P But if for personal, and you want it to be liquid, then it's certainly not suitable. Furthermore, 200k is not really sufficient to get a good location property nowadays. I'm not very sure about gold-related stuff or foreign currencies since I've never go too deep into those type of investments. :( And yeah, if you really want something liquid, go for 1 month renewable FD or short term money market fund (with 200k, I believe the banks will be interested), or savings account if you don really care about the extremely low FD rate. Anything other than that cannot be considered liquid (not even stock market...not this year anyway). @ Damien
Properties are good for companies – tax related issues. :P
But if for personal, and you want it to be liquid, then it’s certainly not suitable. Furthermore, 200k is not really sufficient to get a good location property nowadays.

I’m not very sure about gold-related stuff or foreign currencies since I’ve never go too deep into those type of investments. :(

And yeah, if you really want something liquid, go for 1 month renewable FD or short term money market fund (with 200k, I believe the banks will be interested), or savings account if you don really care about the extremely low FD rate. Anything other than that cannot be considered liquid (not even stock market…not this year anyway).

]]> By: Damien Tan http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1337 Damien Tan Tue, 14 Apr 2009 03:45:50 +0000 http://novice.alvinlim.info/?p=348#comment-1337 We're thinking along the same lines then. I was thinking of a temporary parking lot to retreat some funds amidst confusing market directions (the 200k is just an example. :) ). I dunno about property - its not liquid and prices may yet bottom out. What I am trying to do now is stack up FD against precious metals like gold bullion or a savings account in euro or renminbi. Cash is king and we're talking short term and extremely liquid. Got any ideas there? We’re thinking along the same lines then. I was thinking of a temporary parking lot to retreat some funds amidst confusing market directions (the 200k is just an example. :) ). I dunno about property – its not liquid and prices may yet bottom out. What I am trying to do now is stack up FD against precious metals like gold bullion or a savings account in euro or renminbi. Cash is king and we’re talking short term and extremely liquid. Got any ideas there?

]]> By: Alvin Lim http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1334 Alvin Lim Tue, 14 Apr 2009 01:07:58 +0000 http://novice.alvinlim.info/?p=348#comment-1334 <b>@ Damien</b> I never like FD due to its extremely lousy (close to nothing) interest rate. I rather keep my $$ liquid and easily accessible than to lock them down in FD. Unless, you're talking about the 1 month renewable FD. For me, FD is where I should keep my emergency fund or anything which I don't need......without expecting any return. If I want something in return, or if I want to grow the $$, then better put in bond or stock market or even properties. However, when its between savings account n FD, I would prefer FD. No point keeping the money in savings account. :P Some people are afraid that if they put their emergency fund in FD...what happens if something bad occurs and they need the money? They'll lose the interest rates, etc. My reply --- the interest rate is so pathetic, if you give it up before it's maturity date, it's just like you have a cup of latte in Starbucks (if we're talking about 5k). @ Damien
I never like FD due to its extremely lousy (close to nothing) interest rate. I rather keep my $$ liquid and easily accessible than to lock them down in FD. Unless, you’re talking about the 1 month renewable FD. For me, FD is where I should keep my emergency fund or anything which I don’t need……without expecting any return.

If I want something in return, or if I want to grow the $$, then better put in bond or stock market or even properties.

However, when its between savings account n FD, I would prefer FD. No point keeping the money in savings account. :P Some people are afraid that if they put their emergency fund in FD…what happens if something bad occurs and they need the money? They’ll lose the interest rates, etc.

My reply — the interest rate is so pathetic, if you give it up before it’s maturity date, it’s just like you have a cup of latte in Starbucks (if we’re talking about 5k).

]]> By: Damien Tan http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1333 Damien Tan Tue, 14 Apr 2009 00:43:23 +0000 http://novice.alvinlim.info/?p=348#comment-1333 When the situation is too fluid, would you recommend zero risk, guaranteed income instruments like FD? I know the rates are pathetic and can't even keep up with the inflation rate but would that be better than keeping it in a savings account while waiting for something uncertain to happen? When the situation is too fluid, would you recommend zero risk, guaranteed income instruments like FD? I know the rates are pathetic and can’t even keep up with the inflation rate but would that be better than keeping it in a savings account while waiting for something uncertain to happen?

]]> By: Alvin Lim http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1329 Alvin Lim Mon, 13 Apr 2009 06:23:27 +0000 http://novice.alvinlim.info/?p=348#comment-1329 <b>@ Damien</b> 200k, you can actually put it into money market fund (if not wrong). put it in there for maybe 2-3 months and wait for the share to reach the bottom. currently it's still pretty high IMO and the long-term signs are not very healthy yet. I would wait for a few months more before going in and acquiring blue chips. so to summarize, here are some options. - money market fund for maybe 1 - 2 months. - put some portion of it in bond such as the new merdeka bond. - wait for a few more months and acquire blue chips That's what I will do anyway :P I wouldn't go into mutual fund because i feel it won't recover that fast within the next 12 months. @ Damien
200k, you can actually put it into money market fund (if not wrong). put it in there for maybe 2-3 months and wait for the share to reach the bottom. currently it’s still pretty high IMO and the long-term signs are not very healthy yet. I would wait for a few months more before going in and acquiring blue chips.

so to summarize, here are some options.
- money market fund for maybe 1 – 2 months.
- put some portion of it in bond such as the new merdeka bond.
- wait for a few more months and acquire blue chips

That’s what I will do anyway :P
I wouldn’t go into mutual fund because i feel it won’t recover that fast within the next 12 months.

]]> By: Damien Tan http://novice.alvinlim.info/2009/04/13/is-malaysias-stock-market-recovering/comment-page-1/#comment-1328 Damien Tan Mon, 13 Apr 2009 05:59:46 +0000 http://novice.alvinlim.info/?p=348#comment-1328 Okay here's a question. If you had Rm200,000 to invest and looking to exit after 1 year, what would you recommend? Okay here’s a question. If you had Rm200,000 to invest and looking to exit after 1 year, what would you recommend?

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