[X] My Assistant

damn hot days

Not commodities, precious metals aren't going to have any real returns over the long run, they just keep pace with inflation.

So much for the common wisdom.

So invest in stocks. Bonds doesn't count?

This post has been edited by elda88: Jun 18 2023, 06:48

Stocks have higher average returns over the long haul.

(IMG:[files.catbox.moe] https://files.catbox.moe/jrjd0p.png)

The difference in annual return adds up.

(IMG:[files.catbox.moe] https://files.catbox.moe/xlgkfi.png)

Balanced funds, also called blend funds, are used to reduce volatility at the cost of returns. Typically a young person should have 90-10 stocks to bonds to 100% stocks to maximize growth, and someone approaching retirement might rebalance to up to 50:50 stocks:bonds since they're going to have to start taking money out to live off of, although it also increases the risk of outliving their savings. If they have more money they can keep a lower percentage bonds even in retirement.

This post has been edited by Necromusume: Jun 18 2023, 07:29

US brake lights & turn signals regulation for automotive is busted.

More difficult and time consuming than expected

According to their app, the 100% stock option is considered "very aggressive". I took a test and the result is "conservative" after taking into account my financial background and knowledge in investments and how willing I am to suffer losses due to volatility. Furthermore, always approximate 10% of that portfolio will be invested in gold ETF. I could start at a very low at RM100 and see how it goes.

If I do suffer losses in stock, it won't be more than the amount of my total investment in the worst case scenario, right?

If you're just buying stocks or funds of stocks you can't lose more than you put in. It's when trading derivatives, such as a naked short sale of an asset, that the losses can be arbitrarily large.

I'm planning to buy through the same financial entities where I also invested in money market funds. One is reputable, having existed since 1970s according to its history. Local reviewers mentioned this company frequently rebalances investors' assets from time to time as saw fit by its "AI", which I suspect is a product of its Japanese partner, Rakuten. There's no control by the user here. Where the money is invested and how it is allocated is automatically determined by its AI system.

The second one has a partnership with a subsidiary of a local banking group. The money is allocated according to the list of funds fixed for each portfolio.

The third option is a Singaporean entity which also operates in Malaysia. This company offered the most flexibility to the users, where one can either choose a pre-defined portfolios or customize their own from scratch (e.g. literally can choose the different sectors to invest in - semi-conductor, cloud computing, US Treasury, energy sector etc). This company's reputation did tank last year for claiming to use "AI" but somehow still botched its investments in China, causing mass withdrawals from disgruntled investors. The company no longer uses the word AI in its marketing currently.

The fourth option is a subsidiary of a local bank and has a partnership with a US company called Principal. This one appears to be direct purchase of Principal's funds, judging from the 2-5% sales fee.

This post has been edited by elda88: Jun 19 2023, 06:54

"Surprisingly many people can't keep track of their DMs. I'm not talking about people on this forum, but on websites in general."

This post has been edited by sunshineandlolipops: Jun 19 2023, 14:28

There are many unpleasant things and I am very troubled...

"Bidayuh Genocide"

thought

Project Manager was right all along. Malays are housemates from hell.

Whatever was the last doujin I wanted to find here. I decided to get an account but now that I'm on the forum I completely forgot what doujin I was looking to see

Dumb mother reiterated my dream vacation to Genting Highland is "dead" and I should give up on it. Fuck her.

It's a pity that the game update lowered the difficulty

Ignoring your credit score is as bad as disappointing your mum. Get your report now.

Let my mom feel disappointed to death.

lose track of time while playing games

"Man I'm tired."

My mother is a destroyer of dreams