Are you into UITF's/ MF's

**DonT** · January 22nd, 2008 11:27 AM

I am into UITF's and have been watching the trend lately..its been going south like crazy. Does anybody have any insights why it is dropping very fast lately (Dec 07 to Jan 08)?

**uls** · January 22nd, 2008 01:39 PM

UITFs, mutual funds are invested to stocks, bonds, and other debt instruments

Everything is going south coz a very big financial storm is brewing.

Subprime is just the tip of the iceberg.

--------------------------------------------

bloodbath today in the PSE

capital is being wiped out

**badkuk** · January 22nd, 2008 02:00 PM

planning to get into MFs soon...definitely not equity or balanced funds though. the "R" word is being whispered too loudly these days. with stocks maganda sana if you predict the bottom, then tsaka ka bumili ng MF(anybody got a crystal ball? B). If you can't...bond fund na lang.

for me bond funds seem the safest right now....but imho if the big "R" really hits, everything follows it down...

btw, a friend showed me this site: http://wwwpinoymoneytalk.com

**badkuk** · January 22nd, 2008 02:02 PM

Originally Posted by uls

UITFs, mutual funds are invested to stocks, bonds, and other debt instruments

Everything is going south coz a very big financial storm is brewing.

Subprime is just the tip of the iceberg.

please expound sir uls...my impression is that once this subprime mess gets cleared e ok na tayo...

**theveed** · January 22nd, 2008 02:13 PM

It'll be a while before the subprime issue will resolve itself hehe.

**theveed** · January 22nd, 2008 02:15 PM

Oh, read this as well. http://tsikot.yehey.com/forums/showthread.php?t=33412

**theveed** · January 22nd, 2008 02:16 PM

and this...

http://tsikot.yehey.com/forums/showthread.php?t=25773

**rhops** · January 22nd, 2008 04:37 PM

Originally Posted by badkuk

planning to get into MFs soon...definitely not equity or balanced funds though. the "R" word is being whispered too loudly these days. with stocks maganda sana if you predict the bottom, then tsaka ka bumili ng MF(anybody got a crystal ball? B). If you can't...bond fund na lang.

for me bond funds seem the safest right now....but imho if the big "R" really hits, everything follows it down...

btw, a friend showed me this site: http://wwwpinoymoneytalk.com

I really wud also like to go into MF, but as the situation with the US financial woes, i guess it will hit the fan soon

So how wud i know if its okay to go into MF? Yung mga mixed portfolio ba will be investing into other things rather than stocks and bonds. Sorry for the newbie question

. BTW PMT forum is very good, visited it before, but lately I havent been there, very informative

**uls** · January 22nd, 2008 04:42 PM

grabe buong Asia massacre today

Foreign funds are dumping asian stocks and buying dollars and retreating

bagsak asian currencies

Subprime is just the beginning

Confidence has been lost in the international banking community

Nobody trusts each other

Nobody wants to lend money to anyone

Everyone has toxic waste in their portfolio

The banks are all checking their assets for contamination

They are erasing billions in capital

---------------------------

American consumers are having a hard time paying their bills

They cant pay their amortizations, they cant pay their credit cards

Soon, companies cant pay the money they borrowed by issuing bonds

The banks are so screwed

The world is screwed

The sky is falling!

hehe

**DonT** · January 22nd, 2008 06:45 PM

^ Grabe ka naman ULS..I hope that soon this will be over...

Pero I am really worried about the financial storm you mentioned...

Can't help myself to open this topic..kasi everyday na lang for the last weeks..lagi in the red ang indexes everywhere.

I was planning to pull out around Feb...but seems it was too late..should have pulled out early dec...hindsight.