Suggest Mutual Funds...

**Cult Zero** · April 23rd, 2008 05:33 PM

Originally Posted by tidus1203

I also have several funds both here and abroad. Normally with this kinds of funds (equity, bonds, or a balnced) its more of BUY AND FORGET na lang. Don't try to time these things, cause the odds are you will get out at the worst of times

co-sign. i will never withdraw my investments unless it's REALLY necessary. i have funds on AXA, Phil Equity and Philam. i seem to be losing on all of them

. but i'm not worried (as of yet) as long as i don't get out, my losses will remain as "paper losses"

**van868** · April 24th, 2008 10:58 AM

true its paper loss but when you need the money for emergency i do not think it will be called paper loss anymore. this is the usual term (comfort) people analyze situations like this. but in truth they have to re-evaluate your fund positions because if not funds might end up zero value and that is such a waste.

**tidus1203** · April 24th, 2008 12:24 PM

First of all you don't put emergency funds into mutual funds, stocks, and long term investments. Money you put into investments are what you call residual assets or excess assets. Your emergency funds should be placed in money market only for quick access while still maintaining some teeth against inflation unlike a regular savings account.

**pup2** · April 24th, 2008 06:42 PM

Originally Posted by tidus1203

First of all you don't put emergency funds into mutual funds, stocks, and long term investments. Money you put into investments are what you call residual assets or excess assets. Your emergency funds should be placed in money market only for quick access while still maintaining some teeth against inflation unlike a regular savings account.

Bingo!