Technically lump sum beats DCA long term. But you should be willing to hold for a long time.. also you have to consume a lot of carbs (comfort food for the huge drawdowns that you have with lump sum )

This post has been edited by wodenus: Dec 2 2016, 06:18 PM

Select Income is also back on offer. They didn't beat FD this year.

That is a lot of units but it's normal, stock market takes around that time too.

EUT's platform kind of sucks though.

Risk-adjusted quite good I guess.

Troublesome..they dont absorb FPX charges, DCA will cost a lot.

You don't need a branch, you can open an account online, fund it online. Less branches means less cost means lower commissions

That is not micromanaging.. micromanaging is holding funds back trying to aim for a good price (ie. trying to time every fund entrance and exit.) Waste of time and money since you don't even know today's price and commissions are quite high.

Maybe you can hedge that by investing in a US-focused equity fund after all it is denominated in USD, if the exchange rate goes up, you will spend more for tuition, but the value of your holdings will increase

No, that's not how a hedge works.

It's expensive at any reasonable level but at least you can prevent it from getting any more expensive than it is

It's not too late, this isn't the share market

Who knows.. whatever it is, it won't matter much in ten or twenty years

This post has been edited by wodenus: Dec 5 2016, 06:11 PM

Yea well, I'm not a doctor lol. Stuff happens, but in the very long term it pretty much goes up. As for the how and why, so many things happen in so many ways in so many days, who's to know how and why. So many counters in the fund

Exactly.. think about it, look at the chart. Even if you bought just one fund.. you'd have to be really unlucky not to make money after ten years pick the usual suspects and run with them through good and bad.. there's no real need for a portfolio actually

It doesn't help profitability is what I mean.. usually analysts look for possible reasons after the fact, so it becomes like a sic hoc kind of thing I could say for instance that Trump's promise to bring all production back to the US has spooked Asian markets, because they will lose a lot of profit if that happens

I think that's more plausible than the Italian referendum, but it doesn't matter what I think, or anyone thinks, what we think or say won't affect global markets

Well good luck to you then, I think news just gives us an illusion of control. I tried stocks but that didn't give me the breadth and depth of investments I needed.. plus it's hell dealing with multiple brokers and brokerages. Also you can't effectively mitigate many risks when you trade alone

This post has been edited by wodenus: Dec 5 2016, 06:46 PM

So if you bought all three? you wouldn't have done too badly. Of course in hindsight you can say that, but then how would you know what would be good and bad? so you diversify as much as you can. Eventually good or bad, the results should be quite acceptable (unless you can forecast the future )

It's obviously not the best, but do you know what the best will be ten or twenty years from now? if not your only option is to diversify and try to do pretty good with whatever info you have.

Let's look at the chart again. It seems like your worst options made over 12% a year that's not a bad result and pretty much proves my point it's not "the best" but you see what I mean, randomly pick one fund and you end up making 12% a year

This post has been edited by wodenus: Dec 5 2016, 07:10 PM

The only mistakes you can make in UT are not managing risk well, not holding for the long term, and selecting one of the few UTs that deal in speculative investments

This post has been edited by wodenus: Dec 5 2016, 07:12 PM

Yea if you enjoy doing the stock thing.. it seemed like a lot of work to me there's a lot of research to be conducted, and the liquidity is never as good as with funds

No. 2 is a lot of people's problem including mine.

This post has been edited by wodenus: Dec 5 2016, 07:22 PM