US turmoil....short term gyrations of the market..

Should I invest in Unit Trust in this brink of recession?

I luv to hear from the experts

US turmoil....short term gyrations of the market..

Should I invest in Unit Trust in this brink of recession?

I luv to hear from the expertsWhen the market is going to hell in a handbasket, smart folks keep their cash in safe instruments (CDs, T-notes, etc.) and leave speculation to those who can afford to lose if they make the wrong bet.

Since the manager of the unit trust takes HIS fee whether the trust does well or poorly, it seems like giving somebody money to gamble with your future when he has no real stake in the outcome. Not smart in my book.

If things get really dicey, the liquidity of a unit trust can disappear in a heartbeat. Many trusts, mutual funds, and other types of pooled investments run into liquidity problems when trust and fund holders want to redeem their certificates in a mass rush (run) on the fund. The trust manager is forced to sell investments at a loss to redeem shares. Worse, tough times entice fund managers to take risks and often they get caught when they go "naked" on a risky investment instead of hedging. Just one clerk in a back office can cost a fund hundreds of millions in betting on highly leveraged commodities or futures options.

Forget about "insurance." Insurance companies go bankrupt all the time.

Hi there Bruce,

Thanks for this tip! Shall ask my investment agent to hold on.

Rgds
Cheryl

Hi there Bruce,

Thanks for this tip! Shall ask my investment agent to hold on.

Rgds
Cheryl
Who is "Bruce?"

Who is "Bruce?"

Hmm, interesting topic.

Whether you are in a forum and especially if you are involved in international business - Always, always get the other party's name correctly. It conveys an important message apart from showing respect.

If written, double check the spelling. You can have spelling mistakes elsewhere but not the name.

If spoken, pronounced it correctly. If you are not sure, double check with that person - often a good way to break the ice.

US turmoil....short term gyrations of the market..

Should I invest in Unit Trust in this brink of recession?

I luv to hear from the experts

Cheryl,

With all due respect - we are not investment experts here - our expertise is in Quality and related functions.

Hi Cheryl,

Agree with carol - ask any quality related questions - the responses shall increase our value :)

Hmm, interesting topic.

Whether you are in a forum and especially if you are involved in international business - Always, always get the other party's name correctly. It conveys an important message apart from showing respect.

If written, double check the spelling. You can have spelling mistakes elsewhere but not the name.

If spoken, pronounced it correctly. If you are not sure, double check with that person - often a good way to break the ice.



Hi Harry,

Wow! I did not realise that there are perfectionist still around....well my sweet apologise on my ridiculous mistake.

Experience is the name, everyone gives to his mistake - by Oscar Wilde

Warm Wishes from, Cheryl:topic:

Who is "Bruce?"



Could not help thinking of my favourite Actor - Bruce Willis.

;)

Hi Harry,

Wow! I did not realise that there are perfectionist still around....well my sweet apologise on my ridiculous mistake.

Experience is the name, everyone gives to his mistake - by Oscar Wilde

Warm Wishes from, Cheryl:topic:A person trying to be a consultant who is NOT a perfectionist will have a rough time convincing folks of credibility.

I sure wouldn't want an inspector who thought perfectionism was an option.

Almost worse than making an error is failure to admit and seek correction when an error is detected.

Ah well. That may be the difference between Quality Professionals and "wannabes."