Actually all PM bonds are of the high grade type. they don't invest in grade B bonds and below. However, you're right on the understanding the risk before investing part. Every investor must understand the risk involved in their investments.

I think it's the same in terms of "where can we put this pile of money?". For instance you have 100K. You can't put the 100K in FD and mutual fund, you have to choose. I know you can split it, but even if you do, the 50K you put in MF, you can't put in FD. So we need to consider both and determine which one is better, since we can't put the same money in both at the same time. If you make the wrong choice, even if you make money, you will have lost the opportunity to make more money with the money you invested, so its important to compare both FD and MF and other investment ideas that are competing for the same chunk of cash.

Yeah, that's another minus point. The dividend given out will be reflected by a lower NAV, just like stocks.

So how then? Is buying unit trust good or not? 

Cool! You have smallcap? How's your return so far? 

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Added on January 3, 2010, 7:30 pm

Which fund is that? 100k to 113k over 2Q? That's good leh..... 

Good for you if you could make 10% on that even. Msports is interesting, I don't see how anyone could have made much on that except if the commissions were really low or he caught the push/caused the push.

I can introduce you to our broker, but we're fairly conservative, we don't gamble or punt or speculate. We invest, our time frames are typically five years or more, and we're only targeting about 30% a year. It's quite boring actually.

You can need to achieve certain amount Mutual Gold points. I think should be 1 million.

Your statement should have displayed what is your current MGQP (Mutual Gold Qualifying Points).