Just my pure beginner luck
I have no experience in Fund Investing. After 2 months investing in Fund, I did gain some money which I think not too bad but I guess it was just purely beginner luck. I picked the funds which base on winning rate of the fund manager, the history successful rate over the years of the fund. I tried to diversify my investing in to different funds such as Gold, Energy, Technology, Finance. However my capital is limited so I could do 3-4 funds at this point so far. So last month I have exited the funds and close profit when it hit 4-5%, then wait for a drop of 2-3% and get back in, or hop into another fund which i think the price is reasonable. Hopefully this month I could do better.
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summer66 : very nice
102635698 : When u redeemed fund, they will process few days later and unlucky when fund dropped a lot by then
Yumi Chan OP 102635698 : Just next day. You can see the price and the time when you redeem. I never encountered dropping more than 1% before. Just that the waiting time for the fund to arrive is too long which I think not so fair.
102635698 : Yes next day, but it was lower than the day i redeemed. Agree, the fund took so long to arrive.