What is your financial planning for a new baby? Is mutual fund investment a good option? For me, the answer is yes. This is the first thing I start to think about immediate after I know my wife is pregnant. Thanks God! I’m on my way to be a father! Hehe!
For myself, it is one of the best options to ensure my saving plan is achieved in a more discipline way. It has been proven throughout my nearly 10 years experience investing in mutual funds. Don’t get me wrong; I’m neither an expert nor good investor in the investment.
Basically, I’m practicing on the “Dollar Cost Averaging” method all the while. Although it doesn’t earn me any big money, but at least something better than Fixed Deposit rates offered by banks. Instead of calling it as an investment, I would rather to treat it as a regular saving plan.
But, if you used to switch on BFM89.9 The Business Radio Station, you might still remember about an interview with Robert Kiyosaki sharing his opinion about the unit trust investment.
He does not like to invest in mutual fund, simply because he prefer to invest money into shares market by himself instead of fund managers. For him, unit trust investment is for those who have totally no idea about the shares market. Anyway, everyone got his or her own investment strategy.
Any mutual fund advice would like to be shared here? Your valuable opinions are much appreciated!