was looking around for a way to invest in gold because i think there might be a recession. found this unit trust: DWS Noor Precious Metals Sec Fd Cl J SGD, looks not bad because this unit trust invests in companies that deal with precious metals. so far its performance has been positive....anyone got opinions?

i invested in Lion Capital SGD Money Mkt Fd

well...can't go wrong with that because it's a money market fund. basically it's like your bank's fixed deposits mah. can consider bond also..their yields becoming attractive

I notice that in a bear market first thing you'll notice is that bank deposit interest rates will fall to 1.5% and below...already happening. my maybank isavvy and stanchart esaver both dropping like a rock. that's why i'm shifting my funds out. no point keep $ there liao.

I think in this period banks will also actively encourage customers to invest in long term unit trusts with capital guaranteed. i just heard that dbs offering a 5-year fund with 3.98% and capital guaranteed

Most prob...we'll start to see a slowdown...people getting stuck with property and stocks, property developers will not release new units.

that's why now i'm looking to other funds. can't actively trade because im quite busy, so unit trusts loh

thank you..