Jan 5 2016, 07:23 PM
QUOTE(kimyee73 @ Jan 5 2016, 03:25 PM)
That was because she is my newly minted UTC. My old UTC totally ignored me. When I approached her, she was surprised that I have not switch. They have alerted all their customers to switch already. Those were the days when I was totally noob about investment and depended on UTC.
Don't know what fund you took profit of, but I am using Affin Hwang Select Asia (ex Japan) Quantum Fund to explain my point. See charts below...In July 2008, just before the collapse of Lehman Brothers, the reference value was 116;
In Jan 2011, the reference value was 207.
You see, if I had this fund before 2008, and didn't take profit, I still got pretty decent return.
Of course, if I had sold in April or May 2008, and bought back in early 2009, my return would be greater. But alas, I could not foresee the imminent market crash.
And, if I took profit in Jan 2011, I would have missed the growth until 2015.
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