Value funds based in Singapore?

[yeokiwi]

I warned her about the risk but she insisted as the return is good. So I helped her to buy the stock, thinking that it should be quite safe since Temasek is one of the shareholder.

Initially, she is very happy as the stock rocketed. But when the stock tanked, she complained that I lost her $$$ (even though it is her idea to buy). Eventually, I make good for the losses.

What D.O.G. said is right, after the incident, I refused to 'help' anyone on stock investment especially relatives who don't understand the concept of investment.

Morale of the story: It is prudent to draw a clear line when come to $$$

The practice is prevalent - Family member invests on behalf of family members. In most cases, the disadvantaged party is always the "client" rather than the "fund manager" since the "fund manager" is holding the money and may refuse to return the money to the "client". Besides that, disputes always arise when the return does not meet the expectation or in many cases, the loss of capital.

An IOU with interest is basically a compromise when an investment need has arisen for whatever reason. The lender should not expect anything more than the interest and the borrower has no requirement to reveal nor report to the lender what he/she was going to with the sum of money.

In the case that the borrower refused to return the money, the lender has a IOU to sue the borrower for money. Not that it is a great way but the piece of IOU is at least legal binding.

In my case, the sum had already been redeemed long ago and since then, I am not "borrowing" nor "managing" anybody's money.
is it worth effort?? not really, the amount involved is small and would not have make much of a difference to me.

Anyway, I have always keep a low profile in investment discussions among relatives and friends and so, i seldom or rarely receive this kind of request. Great cos.. 谈钱伤感情 (money disputes hurt relationships.)