Just sold off my unit trust

[Asphodeli]

Bought at $1033 USD 2 years ago...sold off for $1022 USD...worth the loss?

 

[koja6049]

what about in sgd terms?

 

[haydentan]

It depends on the exchange rate from USD to SGD. If it increases from the time u bought, you might a chance to break even or get a gain.

 

[oceanicmanta]

2yrs ago, FX probably at 1.25 level ... now 1.36

in 2014, my 10yr, 3.5% pa guaranteed USD endowment matured.
FX was 1.75 10yrs ago !
Now still holding on to those USD ... using them on holiday

 

[limster]

Unit trust in US$, you probably got hit by forex spread also. If it was S$ I would suggest use free switching to switch to a better fund. Anyway, pls reinvest the proceeds ASAP as time in market is easier than timing the market

 

[satayxp]

short term pain better den long term pain ~

 

[Asphodeli]

Unit trust in US$, you probably got hit by forex spread also. If it was S$ I would suggest use free switching to switch to a better fund. Anyway, pls reinvest the proceeds ASAP as time in market is easier than timing the market

Will be getting back USD

Sent from Sony E6533 using GAGT

 

[alocacoc]

Bought at $1033 USD 2 years ago...sold off for $1022 USD...worth the loss?

Are there any payout during the 2 years? Or is focus on capital appreciation only ?

 

[Asphodeli]

Are there any payout during the 2 years? Or is focus on capital appreciation only ?

Monthly dividend reinvested...

Sent from Sony E6533 using GAGT

 

[Mecisteus]

There is no mention of the fund name. So how to say it is a good or bad decision?

 

[Shiny Things]

Bought at $1033 USD 2 years ago...sold off for $1022 USD...worth the loss?

Crikey. Was this an EM equity fund? If it wasn't, you've just found the worst fund manager ever.

 

[Asphodeli]

Crikey. Was this an EM equity fund? If it wasn't, you've just found the worst fund manager ever.

It's actually a "balanced US asset allocation fund"...look up ALLIGAM LX on a Bloomberg.

The monthly reinvested dividend saved me!

Sent from Sony E6533 using GAGT

 

[Mecisteus]

wow expense ratio is 2.1%!

I hope you didn't buy at 5 % sales charge right?

Probably can make use of ETF replicator tool in IB to replace this fund.

 

[Shiny Things]

It's actually a "balanced US asset allocation fund"...look up ALLIGAM LX on a Bloomberg.

The monthly reinvested dividend saved me!

Let me guess, you got seduced by the "10% dividend yield" on the advertising? Yeah, that dividend's being paid by selling assets; they're hoping the stocks keep going up more than 10% a year so that they can pay the 10% dividend without the NAV going down.

The IB mutual fund replicator thingy says this is basically a growth-stocks fund, which sounds about right given what I said above; they're betting the stock price goes up enough that they can pay a 10% dividend without materially harming the NAV.

 

[newjersey]

Let me guess, you got seduced by the "10% dividend yield" on the advertising? Yeah, that dividend's being paid by selling assets; they're hoping the stocks keep going up more than 10% a year so that they can pay the 10% dividend without the NAV going down.

The IB mutual fund replicator thingy says this is basically a growth-stocks fund, which sounds about right given what I said above; they're betting the stock price goes up enough that they can pay a 10% dividend without materially harming the NAV.

they really need to put Shiny Things' eBook, "Rich by Retirement" on Indiegogo in the secondary schools for compulsory reading.

do yourself a favour... buy it and get rich.

it's not even us$10, just us$8 for a good & easy to understand finance management book tailored for the SG market.

I can't paste the link, but you can google it and buy it off indiegogo or amazon.

 

[Yachtmaster]

sad to know that you spent so much time on $11 USD

let me treat you a cup of coffee worth more that.

 

[parkson]

they really need to put Shiny Things' eBook, "Rich by Retirement" on Indiegogo in the secondary schools for compulsory reading.

do yourself a favour... buy it and get rich.

it's not even us$10, just us$8 for a good & easy to understand finance management book tailored for the SG market.

I can't paste the link, but you can google it and buy it off indiegogo or amazon.

Buying it now!

 

[sanzhu]

they really need to put Shiny Things' eBook, "Rich by Retirement" on Indiegogo in the secondary schools for compulsory reading.

do yourself a favour... buy it and get rich.

it's not even us$10, just us$8 for a good & easy to understand finance management book tailored for the SG market.

I can't paste the link, but you can google it and buy it off indiegogo or amazon.

Dun be silly

Schools just used as tool for brainwash

Why would put a non conform book to let kids read

Rather let u study useless information

 

[c1steady]

Buying it now!

can someone provide the links to SHINY'S book ??

Sent from apple using GAGT

 

[wahkao3]

they really need to put Shiny Things' eBook, "Rich by Retirement" on Indiegogo in the secondary schools for compulsory reading.

do yourself a favour... buy it and get rich.

it's not even us$10, just us$8 for a good & easy to understand finance management book tailored for the SG market.

I can't paste the link, but you can google it and buy it off indiegogo or amazon.

read liao can huat???