Post Inflation (which is saying Real returns) in the US market was a NEGATIVE 3.4% P.A. from the period 2000-9.
Is this the first time that it is happened? No. 3rd time since 1820….
Moral of the story?
when you meet an adviser ask him…NOW WHAT……you told me 1 year is long term…even in 10 years if I do not make money WITHOUT YOUR CHARGES.
Now add 2.5% amc charges (2.75% if some IF some speculation is to be believed)…now add the compounding effect of this…God, he would have to be sitting on nice 7% losses…
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