Are you buying your unit trust through banks, brokers or online?
With commission of online unit trust retailers half that of banks/brokers, it make sense to use online brokers to save on the charges.
In Singapore, I know of 3 pure online distributors - FundSuperMart, FinatiQ and dollarDex. (Please share with me if you know of others)
Some banks and securities houses like Phillip Securities’s POEMS also allows buying of unit trust online.
Buying online is simple and easy, saving not only money but also time. In future posts, I will be sharing my experience with these distributors.
The Recent Market Correction
The question is, “Is there a cause for worries?”
Nowaday I hardly look at the market. With my business going on and my online projects, I’m thankful if I get to look at the charts and read the news on weekend.
Let’s take a quick look at the market. In my next post, you will see the STI charts and have a clearer picture.
The Singapore market (and generally many other markets worldwide) had been enjoying a sustained rally for the past 3 years. Conventional wisdom tells us that what goes up will come down, in what is known as correction.
So is the current correction a typical one or a sign of things to come?
Continue reading ‘The Recent Market Correction’