Thursday, October 01, 2015

Principles of long term investing

The drop in the stock market has got some investors into a panic. They are badly advised on investments, in spite of paying high fees. Here is an example.

Dear Sir
I purchased a fairly large amount of Unit Trust ( Blackrock Global Multi Asset Income Fund Sgd A6 ) from OCBC in Mid July.

It has been performing rather badly since August and drop has been rather fast and approximately 4 percent.

I am not sure as to how this fund will fare and the reason for purchasing it was to earn some extra money for our retirement. I am 56 years old and was hoping to see this fund do fairly .

Should i just cut the losses and move on or just hold on to the fund. Am also not sure what share the funds are trading in and why it is performing poorly.

REPLY
Please register here and provide your full details
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You can buy this e-book and learn about the principles of long term investing.
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