If you are looking for medium to long term investments, you might encounter Mutual Funds and Unit Investment Trust Funds (UITF) in your research. Both are collective investment schemes offered to investors.
Investment companies typically create a collective scheme from money pooled together from their investors and invest the fund in order to achieve a specific investment objective. Although MFs and UITFs have similarities, they have significant differences as well that may help you decide which one would be a better option for you.
Below is a list of things you need to know about MFs and UITFs.
My article on car loan rates is one of the most popular articles on this blog. And consequently I got asked a lot of questions about car loans in general. So I thought it would be useful to post everything I know and learned here.
So here's some of the usual questions and decision points I encountered.
I would later learn it's a somewhat natural reaction, as other beginner investors I knew and some readers who've contacted me either did the same or wanted to do the same.
But eventually I found out first hand that it's better to save also and not just invest. And to talk more about saving vs investing, we have guest blogger Hui Min.