Pages

Friday, July 25, 2008

Difficult to time the market

Hi Mr. Tan,

In view of the market volatility, I have been advised by my financial adviser to switch to commodity related fund (Pru Global Basics ). I invest in a wrap account and am entitled to free switching. I am not sure if i have made the right decision because the value of this fund keep dropping. I hope you could enlighten me.

REPLY
I am not able to advice on selecting the right market sector at any point of time. I normally advise people to invest in a well diversified fund comprising of all market sectors and to invest for the long term.

Read my FAQ at www.tankinlian.com/faq "Investing your savings".

0 comments:

Post a Comment