Unit Trust

[atee]

Any bros can give professional advice whether this the right time to invest in unit trusts? DOW and STI up so much. So think of investing in other products.

[sionglim]

Market good , unit trust is expensive oredi.
Goin when mkt down , buy low.

[atee]

Originally Posted by sionglim

Market good , unit trust is expensive oredi.
Goin when mkt down , buy low.

Most products are expensive. Except fixed deposit.

Saw this brochure at Ntuc ILF. Put 60k lum sum. Get immediate @$230 every mth. Better returns than Fd. Ever heard such product?

[sionglim]

Many yrs down the road ,its disappear

[atee]

Originally Posted by sionglim

Many yrs down the road ,its disappear

Sorry. I dont get what u mean?

[sionglim]

Many unit trust had disappear, then they go hong lim park
Kaupeh kau boo.
Ask ahpek u will know

[sionglim]

What happen to goldtron ,the share?

[atee]

Originally Posted by sionglim

What happen to goldtron ,the share?

Those are direct stock u buy fm sgx. Whereas this unit trust is link to insurance co. Of course they will diversified their funds. The agent introduce one was Asian income fund back by Ntuc Income

[lipe]

Look at management fees.

Once you buy in, you already start at a lost. You need to recover management fees before talking of profits, if any.

As in any investment - it is BIGGER FOOL THEORY. Just find a bigger fool than you to buy or help you to offload your shares/units.

[atee]

Originally Posted by lipe

Look at management fees.

Once you buy in, you already start at a lost. You need to recover management fees before talking of profits, if any.

As in any investment - it is BIGGER FOOL THEORY. Just find a bigger fool than you to buy or help you to offload your shares/units.

I did ask him. He told me fees minimal as its being shared by investors. The only downside is when u wish to sell theres a 3% fees incurred and also the difference in share price when u bought and sold. So it could be either to or against your favour.

[lipe]

Fees shared by investors - it is bull shit. He charged everyone the same management fees. How can he show you percentage being shared.

So you have buying management fees and selling management fees which are sunk costs. Need to deduct these before think of any profit.

Originally Posted by atee

I did ask him. He told me fees minimal as its being shared by investors. The only downside is when u wish to sell theres a 3% fees incurred and also the difference in share price when u bought and sold. So it could be either to or against your favour.

[XiaoYaoZi]

Any bros here, looking for investments and has a slightly higher risk appetite can PM me. Have a venture, but so far, first month return is >100% ROI. And after one month, you can divest one, take out one. Not MLM, no sales involved.

[atee]

Originally Posted by lipe

Fees shared by investors - it is bull shit. He charged everyone the same management fees. How can he show you percentage being shared.

So you have buying management fees and selling management fees which are sunk costs. Need to deduct these before think of any profit.

He showed me couple of investors portfolio. Decent returns. They did make some profit whether they offload or remain invested because every mth they receive payouts.

[lipe]

Originally Posted by atee

He showed me couple of investors portfolio. Decent returns. They did make some profit whether they offload or remain invested because every mth they receive payouts.

Bro

Going by your questions, you seemed to be a newbie.

Why don't you read up this and have a better understanding of Unit Trusts.

http://www.moneysense.gov.sg/underst...t-trusts.aspx#



Do read up on the Lehman Brothers bankruptcy in 2008.

https://en.wikipedia.org/wiki/Bankru...ehman_Brothers




And it affected Singapore: Lehman Brothers Minibond saga

http://eresources.nlb.gov.sg/infoped...010-03-19.html

[atee]

Originally Posted by lipe

Bro

Going by your questions, you seemed to be a newbie.

Why don't you read up this and have a better understanding of Unit Trusts.

http://www.moneysense.gov.sg/underst...t-trusts.aspx#



Do read up on the Lehman Brothers bankruptcy in 2008.

https://en.wikipedia.org/wiki/Bankru...ehman_Brothers

And it affected Singapore: Lehman Brothers Minibond saga

http://eresources.nlb.gov.sg/infoped...010-03-19.html

In any investment it come with certain risks. I am just a novice. Just hope to have some professional advice. I am aware of Lehman Bros saga. But NTUC quite stable i thought. Putting into FD save but returns sucks