fundsupermart

Singapore
June 6, 2007 3:04am CST
Has anyone done investing through this site? www.fundsupermart.com I've seen advertissements in the papers about this site, and have also heard that it's a popular place to directly invest. The middle man, aka banks or stock brokers, is cut out and they do not get the extra commission. Have you ever bought stocks and shares online and how has it worked for you?
2 responses
• Singapore
6 Jun 07
I'm using fundsupermart mainly to purchase my unit trusts. I'm still in the trial phase over this tool but it seems ok. Fundsupermart only sells one kind of equity, namely unit trusts and since their price volatility is pretty low over a short period of time (generally), it can turn out to be a good investment over long term. I have a friend who checks his account either every week or every month just to check his positions or do his 'homework'. As for me, I'm currently with a 1%+ profit after sales and commission charges and will be holding my position for some time to come.
2 people like this
• Singapore
29 Sep 08
There is an iPhone / iPod touch application that helps you monitor your Fundsupermart investments. It's called Fund Watch and available at the app store or the URL below: http://mac.arcle.com/products/fundwatch
@ahgong (10064)
• Singapore
6 Jun 07
To make use of this site, you have to understand the workings of how the stock exchange works, how the different schemes and modes of transactions are going and the different types of units/stocks that are available. It is important that you do sufficient homework before embarking on doing some trading on your own. Depending on the type of stocks you invest in, you may need to monitor them closely in order to make the sell/buy at the precise time to make a profit. If you are a novice, it is better to let the broker handle it. Else, you have to do lots of homework, and be prepared to pay for some lessons to get your portfolio up and running. Once you reach that point, it should be easier to navigate around fundsupermart.