I have been trying to spread the word (lately) on how Mutual Funds ( around 3000+ of them, more than the companies listed in the stock market ) can never beat the Market . It has been proven by many Investment gurus, that only 3% of the so called high performing funds can ever beat the Market.
The world is painted rosy to attract investors , but in turn it’s a blood bath given the exorbitant fees the Fund houses charge to gamble on your behalf. It’s like paying extra to lose extra.
Here are a few screen captures to see how it looks for the past one year versus an Index Fund with a fee of 0.1%
Nifty 50 Index Fund at 0.1% fee
As one can clearly see. None of the top rated fund could beat the Index Fund (even when the market completely tanked last year) . The irony is the Index Fund is rated lower than most of the stupid funds.
People are being looted in the name of high risk high return. Hope that common sense will come out someday as a clear winner.
Please read books on Investment. I am hoping that they will open one’s eyes to the world of financial investment. The illiteracy among people to blindly listen to someone is depressing sometimes. So much so that I have stopped taking about it. Why bother educating someone.
Never argue with an idiot. They will drag you down to their level and beat you with experience.
There are books that can teach , if we have the hunger to find what is right. A good start is to read some of the books listed here.
Remember , passive income is the only way to be financially independent.
Avinash.tech(...) 