There are many financial product such as unit link. Is it good for beginner investor? How should we choose the best one? Thanks
2007-02-25 03:02:38 · 2 answers · asked by Vincent 2 in Business & Finance ➔ Investing
I have never heard of unit link, and google doesn't help.
Don't invest in anything you don't understand
If you are starting out, talk to your bank about conservative investments.
probably a "balanced Mutual Fund (no-load) from a bank would be the best starting point for you.
2007-02-25 04:36:29 · answer #1 · answered by bob shark 7 · 0⤊ 0⤋
With little capital to speculate i could seem at utilising between the web brokerage residences like Scottrade or E-commerce, and so on. they have commissions as low as $7 a commerce. you would be smart to easily via one inventory at your point of capital and persist with it for a mutually as.That way you have not got hi buying and promoting commissions. basically p.c.. a enterprise which you like and is appearing nicely contained available and over a pair of years you may get a first rate return.
2016-10-01 23:10:48 · answer #2 · answered by deralin 4 · 0⤊ 0⤋