Thanks to the media everybody now knows about the NPS. At the end of training sessions people do ask…’Is the NPS suitable for me?”. Well that is a difficult question to answer. Let me tell you for whom NPS is not suitable at all! If you are young: If you are below the age of […]
There are many people who write in to say ‘I do not like mutual funds’. Fantastic. What is your choice? Out of about 4000 investors / traders whom I have met over the years not more than 50 are/were capable of beating the index regularly over long periods of time. The statistics is against you […]
Normally resolutions are made at the beginning of the year or on a birthday…however here are some resolutions that an investor can take / do any time: 1. I promise to reduce mutual fund costs: If you are in a diversified mutual fund which charges 2.5% (max) shift to some scheme which charges less (say […]
Continuing the mutual fund tutorial, for whom is a mutual fund suitable? Well it is suitable for people who do not have ALL THE THREE : Time Lots of money Skills of stock picking, portfolio construction and fund management skills. Then you go for mutual funds. Mutual funds give you the following advantages: Portfolio diversification […]