tag:blogger.com,1999:blog-1603222303785259307.post8561894895325823237..comments2023-09-23T21:52:50.905+08:00Comments on Health and Wealth: Do not Assume.Khiat Han Hwee Adrianhttp://www.blogger.com/profile/00954307521105388372noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-1603222303785259307.post-41734704193679583772009-09-24T01:10:31.392+08:002009-09-24T01:10:31.392+08:00Hey. You neber hear people say that ASSUME is maki...Hey. You neber hear people say that ASSUME is making an ASS out of U and ME?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-54588287943388896222009-09-20T01:24:54.137+08:002009-09-20T01:24:54.137+08:00Just let those who think they are smarter do their...Just let those who think they are smarter do their own investment... They ought to pay some 'tuition fee' and get burn, before they learn their painful lesson. It's sad to see people losing their money due to their ignorance. Just let your uncle go... Or else he will come and complain to you from time to time why UT so slow...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-4700222711963934292009-09-19T22:16:28.774+08:002009-09-19T22:16:28.774+08:00September 18, 2009 1:47 AM,
why wait for 10 years....September 18, 2009 1:47 AM,<br />why wait for 10 years. You can easily double your money at the casino every minute.Imagine you compound your winnings for 10 years, you no need to invest anymore.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-54947222862006209642009-09-18T01:47:37.243+08:002009-09-18T01:47:37.243+08:00U know what? your uncle is right!
If would have be...U know what? your uncle is right!<br />If would have been 90% poorer if i had invested into a fund instead of stocks 10 yrs ago...<br />Why go for 1-2% when u can got >40%.<br />if he timed the mkt and have a cut-lost system, he is safe.<br />like what warren buffet said, diversify is for the ignorance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-69335371219815550232009-09-17T10:51:11.994+08:002009-09-17T10:51:11.994+08:00anon 9.36am,
very few funds beat the benchmark, on...anon 9.36am,<br />very few funds beat the benchmark, only 17% globally.That is why ETFs are popular today despite their low liquidity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-59410875458871944022009-09-17T09:36:33.338+08:002009-09-17T09:36:33.338+08:00Did you discuss with your uncle about his investme...Did you discuss with your uncle about his investment objectives, risk appetite and time horizon before you draw up all those plans? I think you are just assuming that you uncle wants unit trust when you heard the word "investment". From what I inteprete, he could be just looking for a safe avenue to park his excess gains from his stock investment.<br /><br />Since you mentioned that you uncle is a savvy stock market player, if he had bought heavily into those blue chips (GLC) stocks and high quality REITS / Trust Fund during the Oct 08 and Mar 09 lows, he could be possibly sitting on multi-fold capital appreciation and on top of some very hefty double digit dividend yield. Do you think your unit trust plan can beat his return?<br /><br />In fact your uncle is not wrong to say that unit trust is risky. Unit trust is just as risky as investing directly in stock. Somemore before you invest in it, you are already down by the X% of sales charge impose and basically you do not have control over what these fund manager do with your money. Tell me how many unit trust in Singapore actually consistently beat the market benchmark? When the fund is doing badly, do they stop imposing management fee and the FA stop collecting their wrap fee?<br /><br />Just to tell you a short story. I once invested in a Technology Fund during the dot com bust period and lost almost 80% of my principal. That fund later was quietly withdrawn but the same fund manager is still around promoting their other range of funds. I once did a study on all the Singapore Equity Funds available and found out that all these guys cannot beat the STI returns even when STI was during its bull run years (from 2004 to 2007). If I am to just invest in STI ETF, the returns would have been far more impressive.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-53748482133941783372009-09-17T01:40:14.921+08:002009-09-17T01:40:14.921+08:00That is why for some people, it is important to es...That is why for some people, it is important to establish rapport first before you talk about main plan. Without rapport, whatever you have done will be gone into waste.Peternoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-91800870797094831442009-09-17T00:31:46.952+08:002009-09-17T00:31:46.952+08:00Amendment from an Anonymous posting on 16th Sep 11...Amendment from an Anonymous posting on 16th Sep 11:25pm.<br /><br />Your uncle is representative of many so called investors. They are blind gamblers who don't even know what hit them. You are lucky that he didn't invest or else he will give hell to you. To be crude, He knows nothing about stocks or investemnt. <br /><br />Count yourself lucky, Adrain.Don't be disappointed. In fact it was blessing. You learned something about investors.Khiat Han Hwee Adrianhttps://www.blogger.com/profile/00954307521105388372noreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-37081925301217566232009-09-17T00:13:25.557+08:002009-09-17T00:13:25.557+08:00He is definitely not crude or a gambler. He is a v...He is definitely not crude or a gambler. He is a very good investor who select his shares very carefully. He had taught me on how to read financial reports despite that he never attend any school before.<br /><br />It just caught me by surprise that he cannot differentiate between shares, bonds, unit trusts and derivatives. I think I have chance in convincing him with more time.<br /><br />He probably need a bit of help to diversify a bit out from Singapore stocks. Its a challenge and I accept it.Khiat Han Hwee Adrianhttps://www.blogger.com/profile/00954307521105388372noreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-58930191800534409802009-09-16T23:25:28.373+08:002009-09-16T23:25:28.373+08:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-76833140102058144332009-09-16T21:06:19.737+08:002009-09-16T21:06:19.737+08:00Uncle: Tell your mother that I can't help you....Uncle: Tell your mother that I can't help you. <br /><br />You're helping him, not the other way round! Oh well, if someone's mentality is that he is doing it out of 'charity', nothing good can come out of it... Not to mention that it's insulting...Unknownhttps://www.blogger.com/profile/05747592785633675042noreply@blogger.com