QUOTE(numbertwo @ May 28 2009, 02:59 PM)
I guess not everyone has the luxurious to surf the net day in and out..But by reading the books also won't get you to know all about 'How to invest in unit trust'..
My suggestion is to open up one account with minimum $, play with it, understand how it operates, then learn from there on... Of course if you have a close friend/relative who is not an agent, you can get free consultations anytime, the journey is a lot lesser..
numbertwo,
I do not agree with simply throwing your money to learn. In fact, you don't really learn much being an investor unless you have a good consultant who can explain everything to you.
Cheers.
QUOTE(map @ May 28 2009, 04:14 PM)
haha, even though i do invest some money in unit trust, i do agree that the biggest problem with unit trust is that
you have to TRUST your fund managers.
best u can do is not to randomly sub your money to any PM agents. for myself, i invested in the same fund that the PM agent and her son invested in, so if one jump, all jump.
my second biggest problem about investing in UT is that monetary wise, i don't really learn anything much about making money. that's why i think we should look at other sources of investment too.
map,
That is the WHOLE point people invest in unit trust. If someone is trying to be an expert in investment, he/she would have been investing or becoming a fund manager himself/herself.
Cheers.
QUOTE(Phoeni_142 @ May 29 2009, 02:41 AM)
Hi Jordy,
U seem like a kiddo that's just a tad bit condescending.
Let me tell you a secret. If you are very good with unit trust knowledge, you wouldn't even want to invest in unit trusts. Think about it.
sheesh....
Phoeni_142,
I have only VERY small amount in unit trust. Large portion of my investment is in equities. Income received from these investments are being utilized in expanding my business. I earned a chunk from derivatives. My next goal is to get into property investment.
The reason I learn about unit trust is because I AM a consultant, not because I am an investor. Think about it.