This comparison shows 2 charts from 1998-2013. When unemployment is down, the stock market tends to go up, and vice versa. Stock market crash is unlikely to happen, since unemployment rate is still under control. Those fund from America now go back to their country to enjoy high interest from FIX INCOME.
KLCI's latest update: It has temporarily bottomed, let's wait for next Monday's reaction to see if a strong support is formed.
Time to switch to Indo eqty fund, try capture possible rebound, then decide with Fed confirmation. for MAAKL MUTUAL ;come in Indo Eqty fund, or any fund(S), like HW-flexi, SH Progress.. observe FED possible decision soon later. decide on direction. afterall, you hv 6 Free swicthing. Not many ppl knows about switch mutual funds platform of MAAKL MUTUAL, my mentor initiate this 10 yrs ago in Public mutual. Mean also put our money into others pocket let other people to decide our future, when they had make 100 from our money he give us 30 yet we have to be very thankful to them !
MAA was a American company the share price was push to very high about RM30.00 after local Bumi took over later down to the earth, can we trust this type of company ? MAA group is Msian company, AIA bumi agent.. then, he took over MBF unit trust, managed by a bunch of incompetent ppl before the unhappy partner (KL Mutual) of Public Mutual (PBank) join them to help build MAAKL MUTUAL.. few groups are negotiating to buy MAAKL MUTUAL now, incl ML Life. this also tell you the guru of KL Mutual hv left Public Mutual, now captain of MAAKL MUTUAL. So far the Flexi fund is the best performer in my opinion. If want to bet on laggard, I would prefer China. What I suggested was to launch a real China Fund. The existing China Fund is just for show - the last I check was that the China Fund invested in a HK ETF in a substantial manner which then not really a China Fund. We are games players, we look for games that to our favou, platform that is flexible & online, Free switching, multi fund managers, multi markets, and have EXIT plan which is controllable by us.
Thursday, August 22, 2013
