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标题: 想交些对基金和投资感兴趣的朋友！ [打印本页]

作者: mutualfunder 时间: 2006-5-14 23:10
标题: 想交些对基金和投资感兴趣的朋友！
难道投资理财就是换美元吗？
希望交些对互惠基金之类的投资感兴趣的朋友，加我msn：cr1998@cr1998.net

附一个最近写的小报告，怎么买基金：
DIY to Buy Mutual Funds at the BMO



What is a Mutual Fund?

“A mutual fund is a pool of investments managed by professional money

managers. When you invest in a mutual fund, you're actually pooling your money with

other people who have similar investment goals. An expert called a portfolio manager

invests that money on behalf of the whole group. If the investments make money,

everyone shares in it. If the investments lose money, the whole group shares in the loss.”

Buying Mutual Funds Step by Step

The most valuable thing I did in this semester was to buying mutual funds in

BMO. Now I want to discuss how to buy mutual funds step by step at the BMO. I hope

that my introduction can help people purchasing mutual fund, since I felt helpless at the

beginning. In summary, you will be able to buy mutual fund at the BMO easily by

yourself through six steps in three days.

Get Basic Ideas

You don't need a finance degree or becoming a business student before purchasing

mutual funds. The things you need to know are some basic concepts; otherwise, you

will feel difficult to communicate with people when talking about mutual fund.

However, don’t go to the library, don’t use Google. The most convenient place is

BMO’s mutual fund web page. You will find all the basic questions about mutual

funds in “Mutual Fund Basics”. Go there and just read it. Don’t worry if you don’t

understand. You can write down the questions if you have some. It is enough that you

spend two to three hours getting basic ideas. I suppose that you do that the next

Monday.

Call the BMO Investment Centre

After you have basic ideas, you can call their total free phone number

1-800-665-7700. The advisors are professional and patient. You are welcome to ask

whatever you want to know about mutual funds since you are their potential customer.

Once you decide to buy mutual fund, you need an appointment to open an account;

you can’t do that by phone or online.

Make An Appointment

There are two ways to make an appointment. You can find the nearest branch by

searching on this address: www.bmo.com/contactus/abm.html . After you find the

phone number, it is better to call to make an appointment, or you can go to

a branch by person. You can finish these first three steps in one day.

Open An Account

You go to see the consultant the next day. One professional consultant will talk

with you about investments, including your goals and your finance situation. To open

an account, you need to sign an agreement and they will give you a simplified

prospectus. They will than transfer $500 from your bank account to your mutual

fund account. I chose a conservative fund as my initial investment. You can ask

the consultant to help you to choose a fund at the beginning.

Open An Online Account

After you have a mutual fund account, you can call BMO Investment Centre again to

activate your mutual fund online account. There are two entrances to sign in online

account. One is your online bank account where you can find your mutual fund

account in the investment category. If you don't have a BMO online banking account,

you can sign in through BMO mutual fund home page at www.bmomutualfunds.com .

After signing into the account, you can do whatever transactions you want, such as

“Purchase a Mutual Fund”, “Switch between Mutual Funds” and “Withdraw from a

Mutual Fund”. Of course, you can do transactions by phone or by person. It is

obvious that doing a transaction online is clearer and more convenient than other

ways.

Choose Funds & Transactions

Since BMO needs 24 hours to active your online account, I suppose you do the last and

the most important step in the third day. It seems complicated that how to choose the

right funds. You need to know the current economic situation, you need to analyze

the funds, you need professional suggestions. There are 40 funds in BMO,

and there is much information for every individual fund, such as “what does the fund

invest in”, “distribution policy”, “top ten holding” and so on. However, I suggest to

keep things simple. The only thing we need to know is past performance. You can

look at the past performance chart of every fund. And determination base on your

investment objectives and tolerance for risk. For example, let’s look at the following

chart.

Because of “9.11”, the economics were very bad in 2001 and 2002. However, this fund’s

performance has been quite good. The minimum increase is “8.25%”, and the maximum

is “29.84%”. So I chose it for consideration. You will not spend too much time

analyzing 40 charts. It took me three to four hours to choose the funds. How much and

how many funds you want to buy will depend on your money. Then you do the purchase

transactions. So we finish the mutual fund purchase in three days through six steps by

ourselves. It is not difficult, is it? No, it isn’t.

FAQ

Following are the most important questions for mutual fund beginning holder, and you

can find the answer in the reference list websites

What is a mutual fund?

Why invest in mutual funds?

How do I choose the right mutual funds?
What fees do I pay as an investor?

What are the risks?

How does my non-registered mutual fund investment get taxed?

How does my registered mutual fund investment get taxed?

References List

BMO Mutual Fund Basics

http://www.bmo.com/mutualfunds/ec/index.html

BMO Mutual Fund simplified prospectus

http://www.bmo.com/mutualfunds/pdfs/Prospectus~E.pdf

Scotia Bank Mutual Fund Learning Centre

http://www.scotiabank.com/cda/content/0,1608,CID9503_LIDen,00.html

作者: concon 时间: 2006-5-15 08:30
标题: very good "little report"
Your little report on Mutual Funds is very good. I am also very interested in Mutual Funds, but haven't started investment yet. I often heard that TD bank is very good for Mutual Fund investment. I don't know the different between TD and BMO. Do you have any idea? Thanks.

作者: mutualfunder 时间: 2006-5-15 21:17

Post by concon
Your little report on Mutual Funds is very good. I am also very interested in Mutual Funds, but haven't started investment yet. I often heard that TD bank is very good for Mutual Fund investment. I don't know the different between TD and BMO. Do you have any idea? Thanks.

TD就是TD银行，BMO就是BMO银行，因为我银行账户在BMO，所以就去BMO买了，实际上我现在也买了TD的。

写那个小essay，是3月份的事情啦。现在知道的东西多了不少。建议就去开个户口，随便哪个银行，就跟开银行户口一样，还不要管理费，就买500块，慢慢的，知道的东西就多了，就理解啦。

我们可以msn上聊。

作者: tracy 时间: 2006-5-17 11:15
You are absolutely right.

Every day, I see too many FX threads....

Really want to make some friends with investment interest.

I already add your name under my MSN list, hope to talk to you soon....

欢迎光临蒙城华人网 (https://www.sinoquebec.com/)