Sep 23 2023, 12:25 PM
QUOTE(andrekua2 @ Sep 22 2023, 12:49 PM)
I'm truly amazed that a fucking foreign worker visa renewal company managed to get loans worth hundreds of millions with literally no collateral.
Got Helang involved, what shit also can be done just to get fundQUOTE(dwRK @ Sep 23 2023, 11:38 AM)
almost ALL funds will make money...
they also benchmark against own sector... usually show you how well it is doing...
some funds will have golden year 30-50% growth... some continues growing albeit slower, some just die down...
what they all don't tell you... majority CANNOT BEAT EPF over long run... a lot cannot even beat FD...
i was big ut investor >20 yrs... i did have some nice smallcaps, local and regional funds... but overall, i looked back and feel so stupid investing in ut... lol...
problem with local ut... they take big cut... you already lost before getting started...
Yeah. The cut, or kickback together with their annual fund manager fees is for the managers to enjoy themselves in 5 star hotel overseas, with the rest pocket into their own account.they also benchmark against own sector... usually show you how well it is doing...
some funds will have golden year 30-50% growth... some continues growing albeit slower, some just die down...
what they all don't tell you... majority CANNOT BEAT EPF over long run... a lot cannot even beat FD...
i was big ut investor >20 yrs... i did have some nice smallcaps, local and regional funds... but overall, i looked back and feel so stupid investing in ut... lol...
problem with local ut... they take big cut... you already lost before getting started...
Have to be very selective in investing mutual funds
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