Hi all .. i just new in here .. need to seek advice on UT investment

someone told me .. today market drops alot and is time to buy in some UT especially fund like PITTIKAL .. do u all think this is a good time?

as u said .. it "looks cheap" now but is it really that cheap or will it still drop, no one can predict .. thus is it recommended that we buy in some units for now and if in future the fund till drop we cont to buy? (provided have extra $)

btw .. I also see the PCSF .. looks like the fund really drop a lot to ard 0.17 today .. prev I bought in some ard 0.25 .. scare it will drop to 0

thanks i learn sth .. btw .. which fund is good to buy now .. esp in public mutual, is pittikal that good as what my frenz told me? or is it reasonable at tat price now? 0.8+ not a low price

basically the agent i approaching is my frenz which i thk he dun hv much knowledge in UT also .. i think he just went to take the test and passed to get the license

This post has been edited by ricky_wl: Aug 19 2008, 05:49 PM

haha i agree on u jordy

btw .. how can i sharpen my knowledge in investing? eg. what megazines should i read into .. personal money?

@kingkong81 .. what is LYN?

oo thanks david .. haha king kong sure i noe LYN is a good place learn if not u wun c me here

@kingkong .. nvm i will familiar with LYN soon hehe

@jordy .. many thanks on the tips .. act sometimes i will also go read some news on the wen site like busineeweek, edgedaily and also news on line but there are too many news out there everyday .. cannot finish read

@darkknight81 .. i also eyeing and planning to buy in units on PITTIKAL and i know this fund will also distribute dividend twice a year somehow .. GOOD
but i afriad that this is not a good time as i read many experts out there till think that the market will till go downwards for the coming next 12 mths