Family with kids approached for unit trust investment.
As people are losing their jobs amid Covid-19 pandemic, many have sought for income alternatives by selling variety of items that they can make a living from. photo courtesy: Westfield Financial Planning For time being, I am lucky to still have my job despite the industry is not really doing very well. With the Movement Control Order, which required almost everyone to stay home and commitment in terms of childcare fare, fuel and eating out expenses cut down, I really can afford to spend some money to support friends who need to make living out of selling homemade cooking and etc. However, I am not so keen to be approached/forced to invest my money into unit trust via an agent/consultant. During the product introduction briefing, I was told that unit trust could earn a return of between 5-10 per cent. But, when I check on the previous reports, it may not seem to be true for all time. The units could drop to below 10 per cent, which means that unit trust holders would likely to lose mo