1. Franklin India Bluechip fund has performed badly. Look at the last quarter.
Remember this advice sometime in 2007….and as usual I smiled it away. In fact the EDITOR of a financial mag told me ‘Hey this fund is doing well in my portfolio…why is such a story being carried (somewhere else, thankfully!!). I said, ignore the advice.
2. “Hindustan Unilever has lost its pricing power. It is losing market share. There is no use in having a company with a fantastic brand recall – sell it”.
A friend’s Dad with about 100,000 shares was worried. I said, ignore the advice, change the channel. This was in 2008 or 2009 – not sure.
3. You can never make money in an industry where the government controls the input price and selling price. Avoid Fertilisers – the FII will NEVER buy it, so it cannot go up AT ALL. Very, very famous TV loving investor/broker/fund manager.
Look at the performance of Coromandel International.
4. Investing and waiting for the market to improve / get good returns is history. You should trade in and out of the market.
Obviously given by a MD (broker of a big brand)…
Please ignore. Most market intermediaries are rewarded on action. You reward YOURSELF only if there is growth AND the charges are less.
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