There are umpteen number of people who try their luck by investing in financial securities such as equity and become successful at times. However, such success does not last for long. Ultimately, the end result would always be a loss. This is because when you gamble on stocks on the advice of financially illiterate or selfish brokers, the doom is for sure. As the saying goes, "The Casino will always win in the end".
Following are the reasons the non-finance professional should invest in mutual funds rather than in equity:
Following are the reasons the non-finance professional should invest in mutual funds rather than in equity:
- Your investment are managed by a certified professional with a track record.
- Your investments will be made after understanding your requirements such as time horizon, risk appetite and financial condition.
- You will be farther from the irrational exuberance.
- You need not to worry about the intra-day stock prices and the affect of number of factors on them.
- You will concentrate on your area of expertise.
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