$PIMCO GIS Income Fund MDis (IE00B9HH6X13.MF)$ Never buy thi...
$PIMCO GIS Income Fund MDis (IE00B9HH6X13.MF)$ Never buy this fund! It sucks!!! Luckily my favorite Allianz income n growth fund plus China stocks saved me . Net net I still gain slightly more than 1K in my trading since September last month.😅
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Honest Bee : could you enlighten me what's wrong with this fund? i see the dividend yield is 6.19% which i tot was suppose to be pretty good.
Retired Rich : we should invest when the price goes lower, then we will have more dividends.
willing Turtle_0835 OP Honest Bee : Entered at too high price. The price of this fund when goes up only a bit but when goes down a lot! I made a mistake to think that when interest rate goes down, this bond fund price will go up but unfortunately not. I should have invested all in Allianz Income and Growth Fund instead. I notice though Allianz Income and Growth Fund can go down but it also go up fast. So far I did well in Allianz Income and Growth Fund.
willing Turtle_0835 OP Retired Rich : Everyone knows this but what if when the price is low one does not have the money but when all the price of all funds are relatively high, one had a lot of cash coming in. One has to choose the best that one believes at that point in time since interest rate is so pathetic....
Honest Bee willing Turtle_0835 OP : I see, thank u for your response. I would have thought bonds safer too, end up it's not. I was actually considering this, will avoid now.
103183472 Honest Bee :
willing Turtle_0835 OP 103183472 : u r most welcome
I think if want to buy, buy at lower price safer . Now too high.
WH123 willing Turtle_0835 OP : 什么价位才算低？
WH123 : Is this fund so bad? Analyze your thoughts.