QUOTE(lch78 @ Jun 24 2016, 12:51 PM)
Sold out all my equity based funds today. Just left with bond fund.
Because of brexit?Fundsupermart.com v14, Happy 牛(bull!) Year
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 Jun 24 2016, 01:10 PM
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Jun 24 2016, 01:56 PM
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QUOTE(lch78 @ Jun 24 2016, 01:14 PM) Yes. Things will get messy in the coming weeks or months. Someone from corporate banking told me, Malaysia not much affected. I read an article a while ago, it stated Malaysia will be affected. Who to trust? |
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Jun 24 2016, 02:37 PM
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QUOTE(lch78 @ Jun 24 2016, 02:01 PM) That is true from economy point of view. But the funds are equity based. I sold KGF and Affin Asia Quantum fund for some profit. Not because solely on Brexit but also due to personal reasons that I want to keep my money in safer investments for now. The funds I sold is Global Titans, Asia Pac Dynamic Income, KGF and Eastspring Small-Cap. None of them looks promising in coming weeks or months due to Brexit. Btw, with UK out of EU, it might incite others to join the exodus, leading to EU breakup, dominoes effect down the road. Last year I still had hope for EU to stay intact with certain measures being implemented, Greece problem tamed. But now, with Brexit in motion, I am afraid this could be the start of EU breaking up. Friends in whatsapp & Facebook already planning to buy pounds and going for Europe trip due to Brexit. One man's junk is another man's treasure. |
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