KLCI On The Way Up?
In January this year (2009), I wrote Update 2 suggesting people to buy Index Funds or any unit trust funds that follows the KLCI trend. At that time, KLCI was around 900. Today, KLCI closed at 1008. It has broken the 1000 mark a few days ago.
Those who have bought must be smiling now.
That means if you have bought at 900, you would make about 10%. And if you have bought the KLCI Tracker Fund from Fundsupermart, you would have made 9% profit. The sales charge is only 1%!!
Happy investing.
1 comments:
yes, technically when the price breaks above 200 days Moving Average, most consider that as the turn from bear to bull, but personally I don't buy this yet. details
Post a Comment
Thanks for posting a comment on Unit-Trust-Investment.com.
May you become healthier, happier and wealthier!