MARI invest

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geographic

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Yeah, I also exited at the same time. No more heartache. The price kept going lower, and the monthly payout will not be enough to cover the difference. Kena bitten twice. No luck with this fund; will not want to touch again.
 
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lousylah

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geographic said:
Yeah, I also exited at the same time. No more heartache. The price kept going lower, and the monthly payout will not be enough to cover the difference. Kena bitten twice. No luck with this fund; will not want to touch again.
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Bond funds have been underperforming in recent years. Sovereign bonds from most major countries are currently at 20-30yr high yields (means the secondary price of yet-to-mature bonds are at decade(s) level lows).

avoid all bond funds is my advice but there is a very prominent and vocal poster on MM still pushing the classic 60-40 portfolio (he refuses to acknowledge the current market situation)
 
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pratik28

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reminds me of the song ,
London Bridge is falling down
falling down ,
My gold and silver too is falling down
falling down.... my fair lady , lol
 
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lousylah

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Prohere7321 said:
8.99 or lower is definitely going to happen.
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Confirmed. Bonds being sold off all over the world. Sovereign yields are back to levels last seen in early 2000s even late 90s.

once again, avoid all bond funds (aka “income” products).

cash funds, FDs and primary bond ownership (SGS, SSB, T-bills) are all better non-equities options
 
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sohguanh

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geographic said:
Yeah, I also exited at the same time. No more heartache. The price kept going lower, and the monthly payout will not be enough to cover the difference. Kena bitten twice. No luck with this fund; will not want to touch again.
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I posted before I exit all and realised a 0.03% gain haha. This fund all angmo stuff inside kena hit hard
 
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rosseau

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pratik28 said:
reminds me of the song ,
London Bridge is falling down
falling down ,
My gold and silver too is falling down
falling down.... my fair lady , lol
Click to expand...

yah gold falling back down again. Wait for market to crash! Everything is related lah, yields high for too long will affect equities too.
 
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lousylah

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rosseau said:
yah gold falling back down again. Wait for market to crash! Everything is related lah, yields high for too long will affect equities too.
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Gold testing 4.3kUSD currently, looking likely to fall and settle under. The only catalyst left is US data this friday before US long weekend.

more downside can be expected until FOMC itself.

stay on sideline better and not buy the dip.
 
zumaba

zumaba

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Just checked my Mari Invest Income has kept devalued over last few months. Really?

Luckily I only put $200 from day one to test water. :)
 
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