Wednesday, March 23, 2011

Common Mistakes To Avoid When Invest In Unit Trust

Below are some few common mistakes made by some investors:-

1. Ignorant of specifics of fund are acquiring.

2. Treating unit trust investment like a stock investment. Unit trust need at least 3 years to average down the lost years.

3. Lack of monitoring causes investors to make another mistake. They should take profit when a fund is rate of return is hitting the targeted rate of return.

4. Cut the loss as soon as possible if the fund is not well perform after your pre-set time horizon.


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