When I ask people what they expect from their investments, their first answer is ‘profits’. So I now have to be more accurate in my questioning…
One of the questions is ‘What returns do you expect on a realistic basis from your investments?’
Obviously in nsc and ppf they know the answer…but when it comes to equity, the answers are amazingly WRONG…
Very few people ‘expect’ to get returns in the range of say 15%. Most people have expectations in the region of 20% to 40%.
The gender of the person does not matter at all – women are as greedy as men, age does not matter – maybe older people need to earn it faster…not sure!
Please have ‘reasonable expectations’ – the Japanese economy grew at 10% for 10 years, then at 5% for 10 years..and then at 2% for….
In the Indian context we have seen a great double digit growth over the past few years…however any expectation by the investor which is in excess of 13-14% p.a. for the next 10years is foolishness.
Of course if the ‘adviser’ tells you that it is possible to get more than 20% p.a., it is not just wrong, but almost a fraud!
Post Footer automatically generated by Add Post Footer Plugin for wordpress.