your strategy can be used in direct stock investment but NOT suitable for unit trust.

The right way to USE unit trust FOR you is to purchase a fix amount pereiodically. fix a target return year. forget all about it. then comes back and monitor price target +- 2 years. ie. I want return on 10th year, then I will start looking again at the 8th year until 12th year and decide to

1) stop the periodically invesment if needed
2) sell if needed
3) keep and set a new year for return

there is only 1 key factor to your strategy, unit trust load is 5-6% and stock investment is less than 1%. Why 4-5% more for something that should give you peace of mind and yet you do not enjoy it ?

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Added on April 15, 2008, 10:02 pmswitching among "CATEGORY" of funds is ok, ie. I switched all my equity funds to bond funds before CNY, and I am quite happy about that because I escape the recent months down turn ... now I have enough bullets to decide my next course of action ...

This post has been edited by mtsen: Apr 15 2008, 10:02 PM