So this unit trust I'm looking at, it has 2 dividend payouts per year, it looks like it's averaging 2cpu. So if the price of each unit is, say, $1. And I own 2000 units. Would this work out to be the equivalent of earning 2% interest compounded bi annually? Assuming of course it stays at a payout of 2cpu. Would it not be a much better option to just invest in a fixed interest account at 7% per anum which will avoid risk and payout more? If I'm understanding this whole thing correctly, the unit trust will only be better in the long run due to compounding and if it stays steady at that rate
Submitted April 20, 2019 at 12:57PM by DTF_Truck http://bit.ly/2XsNN9d
