30 Sep '16, 1pm

From the frying pan to the fire – Unit Trust to ETF: For those of you who have actual investing experience with… https://t.co/fR4rm64Or7

From the frying pan to the fire – Unit Trust to ETF September 30, 2016 by Singapore Man of Leisure Leave a Comment For those of you who have actual investing experience with unit trusts, and I mean 5 to 10 or more years worth of personal track record, there are 2 main reasons why you lost money. See if you can identify with them. 1. You were sold to… When listening to people who complained about their bad experiences with unit trusts, its like listening to how they were sold “bad” insurance policies… They most probably also bought these unit trusts from a tight skirt with chiffon blouse sitting pretty in a bank; and paying the max 5% sales load! Of course you have no clue they could have bought the same exact unit trust from an online unit trust distributor for 2% sales load or less. In English, snake-oils call such customers “blue-eyed Swedes”; and in Singlish, we say “be...

Full article: http://thefinance.sg/2016/09/30/from-the-frying-pan-to-th...

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