Slow and Steady does not win the race

You know, I still don't get how the system works at fundsupermart.com.

My first purchase for my HSBC Chinese equity has been priced but is still processing, but my more recent Cash fund purchase has been completed.

My Cash fund has already accrued some interest, and I can use the fund to buy more unit trusts without the time lag from internet banking payments. Its like letting them hold your money, so you can buy more UTs faster, but with a higher interest rate of 2.121% p.a. which is 9 times better than a bank.

So no problem there. Money has grown, albeit a little.

BUT my HSBC UT is still processing. F%^& YOU!

They gave me Thursday's pricing, which has NAV of $186.54.
Today's NAV value has dropped to $178.991.

Fine. Its ok that I lost 4.05% of my money (excluding the 2% preliminary sales charge).
They aren't responsible for markets going up or down.

BUT! They are responsible for ensuring that the UT is mine, and that I'm able to do anything I wish with it. I cant buy more of the same fund, cos the previous pruchase hasn't finished processing. Good god. Its almost a week. I can't sell it yet also, cos the processing isn't done.

Crap man. I wanted to top up more of the same fund so that I could average out the cost by buying it lower now. But I guess its fated that I don't buy it now. Maybe its so that I'll buy more tmw when the price plunges further.

But I seriously hope that this stupid US sub-prime thingy won't derail the olympics boom. Cos if it does, I'm not going to afford a laptop for uni. haha.

This whole thing is starting to lose its humour actually.