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Hi, I'm Azura, a unit trust consultant. This Blog to share my knowledge in unit trust. Feel free to drop comments or subscribe if you like it. Let me know if you like to be a part of unit trust investors.

Tuesday, August 26, 2008

DO & DONT'S before you start investing

Do

  1. Decide which type of unit trust fund meets your saving needs.
  2. Shop around for a reliable unit trust company
  3. Check whether investment limits, frequency of income payments, etc, are suitable
  4. Check past performance records
  5. Do Keep Investing And Stay Invested
  6. Do Diversify
  7. Do Take Professional Advice
  8. Do Give Your Investments Time To Grow.
  9. Do read the prospectus and understand it before purchase. Go through with your consultant.

Don't

  1. Don't choose any unit trust fund just because its performance has been good, make sure it is the right fund for you.
  2. Don't pay too much attention to short term performance, good consistent performance over all periods is the best lead.
  3. Don't decide on a unit trust fund just because it has low charges, good performance is far more important
  4. Don't borrow to invest in unit trust unless you are absolutely aware of the risk involved.
  5. Don't Invest All Your Money.
  6. Don't Invest Money You Need Soon
  7. Don't Get Emotional And Panic - be patient and think carefully

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