YouInvest Malaysia Investment Portfolio Update 16-July-2008

The YouInvest model portfolio had started since 15 days ago although this is the first time we are updating our readers. Given the poor performance in the stock market, we are still adopting a "wait and see" approach in our investment.

Just a brief run down on what we had done so far:

1. Parked RM90,000 (90% of our initial capital of RM100,000) in the 1Mth-YouInvest $-Mkt which gives us interest earning of 3.53% per annum. (Note that this product is higher than any FD rates available in the market and only exclusive to YouInvest clients only; if you are interested, kindly email us).
   
2. Whilst the benchmark KLCI has gone down by -4.7% since the beginning of July 2008, our portfolio is making tiny sums of money everyday through the fixed deposit-like product. In other words, we are still beating the market performance.
   
3. Total net profit to date is: +RM108.23

Strategy:

1. Cash is still king for us at the mean time, so we will continue to keep money in our FD-like investment.
   
2. We are keeping poist for any sharp downfall in the stock market so that we can start buying on large dips or when the stock market finds its bottom, but our biggest concern is still the political stability in the country.
   

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For private discussion email to: youinvest.malaysia@gmail.com

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