Posts Tagged ‘FSM’
There’s A Major Correction Coming?
Maybe, or maybe not.
It’s what a lot of experts are saying, and it’s what some of us who work at FSM believed will happen. So we liquidated a part of our portfolios and kept some cash, some of us as early as June 2009, and we waited for the correction to come so that we would have some cash to buy in when share prices fell.
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Unit trusts stage big turnaround
THE first six months this year was a great time to be a unit trust investor with many funds that were bleeding to death last year roaring back into positive territory.
The average equity fund gained almost 25 per cent in the period, rewarding investors who defied the global financial storm to put money into stocks and bonds.
The figures were based on unit trust distributor Fundsupermart’s FSM … more



