Mar 17 2008, 11:15 AM
QUOTE(cherroy @ Mar 16 2008, 10:32 AM)
For China, it is facing a huge problem now, inflation. If inflation keep on sky-rocketing at there, then, all hardwork and economy growth few years ago will be down to the drain. Imagine you work hard to achieve more income and salary growth, but due to high inflation, your incremental in income is being eaten by inflation 'beast' without your notice.
Just my 2 cents.
Izzit mean that China-related mutual fund is performing slower compare to other fund?
Undoubtedly that PCSF and other china fund dropping badly...
Another Q: Since the global market is so volatile.. do u all advice to sell the fund and buy back when the price is lower, or juz keep it?
FYI,
Looking back at 1997-1998 Asia Financial Crisis, HSI had lose over 60% from the high of 16,000 to 6,700 points, and Singapore had lose over 64% from 2,200 to 800 and KLCI had lost over 75% from the high of 1250 to 300 points.
Do u think the US subprime issue will worst than Asia financial crisis?
Thanks...
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