I bought Legg Mason SEA Special Situation Fund today

[FastFastCar]

You think it's a good fund? I think I will hold it for 10 years and invest 1K per month for the next ten years. is this a good idea? I believe countries like singapore malaysia indonesia and thailand will be the powerhouses of the world in 10 years time, what say you? can it grow to one million by the time I hit 50 years old?

[Booboon]

using fundsupermart?

[Cdior]

1 month 1k

1 year 12k

10 year 120k.

 

Wtf don't dream lah. 120k become 1m.

 

[Cdior]

My suggestion is... Buy a Nice car n drive 10 years !

[FastFastCar]

using fundsupermart?

 

Fundsupermart charges some extra trailer fees, I am using poems.

[Jchuacl]

The best times for this fund is already over IMHO.

 

I rather buy directly from Indonesia/Philippines country funds instead. On a side note, Thailand has run up quite a lot (24%) once the flood was over.

 

You think it's a good fund? I think I will hold it for 10 years and invest 1K per month for the next ten years. is this a good idea? I believe countries like singapore malaysia indonesia and thailand will be the powerhouses of the world in 10 years time, what say you? can it grow to one million by the time I hit 50 years old?

 

[Scb11980]

sabbie

if you commit to 1k to this fund

then you left with only 3K

 

how to go and party with xmm

[2009k]

The best times for this fund is already over IMHO.

 

I rather buy directly from Indonesia/Philippines country funds instead. On a side note, Thailand has run up quite a lot (24%) once the flood was over.

 

Wise view, in your opinion when is likely the return to a sweet spot for one to get into unit trust and funds again?

[FastFastCar]

The best times for this fund is already over IMHO.

 

I rather buy directly from Indonesia/Philippines country funds instead. On a side note, Thailand has run up quite a lot (24%) once the flood was over.

 

I find single country funds too risky and fundmanager less a smaller universe of companies they can buy, hence I usually buy regional or global funds, besides this fund has indonesia and philipines exposure too, then indon funds has returned 600% over the past 10 years, are the best times over then?

[FastFastCar]

sabbie

if you commit to 1k to this fund

then you left with only 3K

 

how to go and party with xmm

what the hell are you talking about? if you miss sabbie so much go look for him and stop bothering me

[Jamesc]

You think it's a good fund? I think I will hold it for 10 years and invest 1K per month for the next ten years. is this a good idea? I believe countries like singapore malaysia indonesia and thailand will be the powerhouses of the world in 10 years time, what say you? can it grow to one million by the time I hit 50 years old?

Every time u invest the value collapse.

 

I think you just jinxed SEA.

 

[FastFastCar]

Every time u invest the value collapse.

 

I think you just jinxed SEA.

 

 

That's strange, I have not lost money in the past 5 years.

[Jchuacl]

Actually I'm still waiting to enter again. I didn't accumulate enough before the recent run-up, so now sitting on the sidelines.

 

Wise view, in your opinion when is likely the return to a sweet spot for one to get into unit trust and funds again?

 

[Scb11980]

what the hell are you talking about? if you miss sabbie so much go look for him and stop bothering me

 

hi sabbie

yes i miss u

you are back

and i like your new style

 

really cool

 

you are in the denial phase in the 5 phases of grief

[Jchuacl]

Indonesia/Philippine funds are the only funds that generated profits in the last 10 years, that's why I mentioned them specifically.

 

Again, investing is up to personal preference. I find that Legg Mason has lost their midas touch in picking the good stocks after their last showing.

 

For me, I'm pretty confident about Indonesia as I've direct family links there, and hence I know how well the economics is working there.

 

I find single country funds too risky and fundmanager less a smaller universe of companies they can buy, hence I usually buy regional or global funds, besides this fund has indonesia and philipines exposure too, then indon funds has returned 600% over the past 10 years, are the best times over then?

 

 

 

[Jamesc]

That's strange, I have not lost money in the past 5 years.

 

So you lost a lot 6 years ago?

 

In 3 months time, Europe will go into recession,

 

they will slow down buying from China,

 

China will stop buying from SEA.

 

So your strategy to invest 1k for the next 10 years is

 

good. If SEA goes into recession, your dollar cost averaging

 

works well.

 

 

[Scb11980]

Wise view, in your opinion when is likely the return to a sweet spot for one to get into unit trust and funds again?

 

liongold and wheelock

shot through the roof last friday

 

i bought wheelock a week ago and off load today with a small tidy profit

this is my first time "gambling" this way

 

 

wilmar is another counter that may surprise everybody and shot past 5.6

 

 

i think the market is for short trading only now

 

for long term, temporary measure to preserve capital

but good bonds and high yield stocks

 

 

what is your opinion on this

 

 

 

[Scb11980]

That's strange, I have not lost money in the past 5 years.

 

if you are so good

why are you asking people who have lost alot of money

 

 

 

you reminded of the investors who drives rolls royce to wall street and stay in few arces mansion but seek advice from fund managers who takes the subway to work