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)?![]()
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)?![]()
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.
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bloodbath today in the PSE
capital is being wiped out
Last edited by uls; January 22nd, 2008 at 01:53 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
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 soonSo 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
Oh, read this as well. http://tsikot.yehey.com/forums/showthread.php?t=33412