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Latest KLCI Chart as at 31 December 2008

Posted on the March 8th, 2009 under Investment, Savings, Retirement by (Beaulife) Altis Lo

This is the latest KLCI (Kuala Lumpur Composite Index) chart from 1990 till December 2008.

Reviewing the trend, it is very obvious that the index is now traded in 2-year low. Based on the dollar-cost-averaging concept, this is perhaps the best time to invest in unit trust fund or mutual fund, or re-invest to existing fund. Over a period of time, the cost of investment in this fund will be lowered, provided regular re-investment is observed. Along the ongoing process, more regular re-investment will lower the cost of investment, and at the same time, more units will be accumulated.

When the market recovers, the total number of units could be redeemed at higher price. The profit taking will be the difference between the redemption price and the cost price. Another alternative is to do switching, and the profit will be captured but the amount redeemed will be invested in another fund, which could be at a lower cost at that moment. The same process applies, i.e. to re-invest regularly.

Hope the above tips could give potential investors some basic in investing in mutual fund or unit trust fund. Any enquiries or comments are welcomed. Please click here to email to me and I shall reply to you as soon as possible.

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