QUOTE(etsuko @ Sep 30 2005, 10:28 AM)
Robert Kiyosaki's advice is that if you want to do safe investment, then you should be looking at Mutual Funds (MF).
My dad actually has someone to help him manage his MF or stocks for him while he's working. He also explained to me that there are brokers or dunno what do you call these people that advise you to buy/sell certain stocks in the day. Your returns might not be as high as these people because they help alot of people trade.
Imagine you're a broker with 100,000 in your pocket and your job is to find potential stocks to invest. Your returns are higher with that huge amount invested whilst giving back the small profit gained by people who gave you money to help invest.
Hope that makes sense.
I'd actually like to know more about Mutual Funds and Stocks.
Like, can I just leave the Stocks inside and assume it will always generate revenue for me even though I don't buy or sell more?
wrong! robert said...no to unit trust and mutual fund....My dad actually has someone to help him manage his MF or stocks for him while he's working. He also explained to me that there are brokers or dunno what do you call these people that advise you to buy/sell certain stocks in the day. Your returns might not be as high as these people because they help alot of people trade.
Imagine you're a broker with 100,000 in your pocket and your job is to find potential stocks to invest. Your returns are higher with that huge amount invested whilst giving back the small profit gained by people who gave you money to help invest.
Hope that makes sense.
I'd actually like to know more about Mutual Funds and Stocks.
Like, can I just leave the Stocks inside and assume it will always generate revenue for me even though I don't buy or sell more?
Oct 8 2005, 01:35 AM

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