Sunday, February 7, 2010

Week Seven Reflection

Units 14 and 15 were covered this week.


Unit 14: Managed Funds
  • Passive funds have marginally lower returns.
  • 0% entry fee is preferable.
  • Exit and entry fees effect every single investment.
  • Risk is dependent upon what is being invested.
  • Don't need to be that cautious with defaulting if investing with normal assets.
  • Able to start off with as little as $2-3k but there are a lot of managed funds out there giving you less control.
  • Going with financial institution will be easier and provide confidence in investments.
  • No guide for future returns.

Unit 15: Debt - foe and friend
  • Gearing magnifies your returns.
  • Can decrease the size of your 'pie'.
  • Also known as leverage, and definitely not a short term strategy.
  • Borrowing to buy a house IS gearing!
  • Easier to get a margin loan compared to property.
  • Able to negotiate interest rates, as well as margin loans being closely monitored.
  • Don't ever pay capitalising interest.
  • Make sure I have money saved somewhere else if my LVR is close to threshold.
  • Never get in the position where I'm forced to sell my shares.
  • Margin loans are not popular for managed funds.

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