Thursday, July 07, 2005
Citibank is holding another seminar titled ‘Mutual Fund & Market Outlook’ with a speaker from Citigroup Asset Management, Frederik Wattimena. Last time, it was Michael Tjoajadi from Schroder with more or less the same topic, mutual fund. They are trying to sell their products and of course, bank customers are their best target.
Mutual fund is less interesting today compared with a year ago except probably for equity fund. Bank interest rate is getting higher and higher, making fixed-income funds which are based on government’s bonds totally uninteresting. Why? Because the yield is the same or even lesser.
Now you can start to worry. Inflation rate is not getting lower and secured investment is giving less return. Try equity fund or even jump into stock market directly? If you can stand the risk and you have enough skills and information, it is worth trying. Good luck…
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Mutual fund is less interesting today compared with a year ago except probably for equity fund. Bank interest rate is getting higher and higher, making fixed-income funds which are based on government’s bonds totally uninteresting. Why? Because the yield is the same or even lesser.
Now you can start to worry. Inflation rate is not getting lower and secured investment is giving less return. Try equity fund or even jump into stock market directly? If you can stand the risk and you have enough skills and information, it is worth trying. Good luck…
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