$Fidelity Funds-Global Technology Fund (LU1823568750.MF)$ Th...
$Fidelity Funds-Global Technology Fund (LU1823568750.MF)$ This week saw my profits accumulated painstakingly for the past 3 months wiped clean. And idea if redeeming this fund every 2-3 months is better than holding it for a longer period?
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joelooi : I'm also considering whether to redeem it. After all, it's not an option to lose money like this recently
102625701 : I'm thinking of canceling the subscription or not. gain only few dollar and lose double the amount .
Djlynux : Fidelity Tech fund is based on MCSI tech index and also based on my understanding its for long term growth, not suitable for short term gains. When you read through the document, they recommend atleast 4 - 5 yrs of holdings to get growth. It’s just my view. Good Luck !
104069257 JOYCE : My strategy for this fund is, whenever it makes a profit (ie above my principal sum) I’ll withdraw it to realise the profit. So when it drops at least I won’t be so heart pain as I’ve already gained some profits prior.
Thy GoD : It's a long term fund that closely follows QQQ but with more global allocation.
You're not supposed to hold it for short term but continue buying it for long term acc.
rorensu : Hope you didn't sell. Now its going back up. You see the long term growth it is there