Last month, a lady who attended one of my Unit Trust Seminars had invested $100 000 cash with me. Amid the market correction, ebola scare, European recession, protest in Hong Kong and fear of the start of a major bear market, I invested it into china fund on 20/10/14 because my Unit Trust Investing system gave me an entry signal as shown below.
I exited on 5/11/14 with a profit of $2244 (2.3%) in 2 week as there was an exit signal. I was expecting this china entry to give me a return of 8 – 10%. But I have to strictly adhered to the signal generated by my system and exit with any profit given by the market. This is what I meant by extracting money systematically and safely from the market.
I specifically highlight this investment statement because this lady has parked a substantial amount of money in the bank. She lamented that every now and then, the bank’s relationship manager would call her to do various investment and most of them would lose money. She also used her CPF fund to invest in linked product with an insurance company in 2007 and today, after 7 years, it is still in the red. If next year the major bear market do appear, then she will need to wait for another 10 years to break-even. I shudder to think of it.
I am sure some of you may have such experience. The reason why many people lose money in trading and investment is because they don’t know what they are doing and have nothing to track their trading and investment instrument.
If you want to double your CPF and Cash every 3 – 4 years in a safe and systematic way, do register for my Unit Trust Seminar here.