Discussion Board

Why you MUST diversify your investments


Total 4 messages Pages | 1
nitmohan
diversify
by nitmohan on Jun 05, 2013 01:56 PM

second meaning siphon off to......

    Forward  |  Report abuse
zippy kumar
diversification
by zippy kumar on Jun 05, 2013 12:39 PM  | Hide replies

in this country the rich are getting richer and the poor are getting pampered by the govt by announcing different types of schemes for them.It is the middle lassed/salaried people who are taken for a ride by the nexus between politicians,industrialists,builders etc.I still remember the UTI 64 scam which was akind of mutual fund for the middle class but the biggest beneficiary was Reliance group who liquidated their holdings at a high price and retail investors were not able to liquidate their holdings as UTI returned the applications for some reason or the other.The press also did not highlight this scam as they were also involved in the same.The real estate sector every one knows is the most corrupt and under the nexus of politicians and builders and it has become a dream for middle class to own a house anywhere whereas relatives of high level politicians call the middle class as mango people and politicians/ministers calling us as cattle class if we travel by air on economy class.The stock market is againin the hands of few big operators/politicians and business men and get ruined in scams like harshad Mehta,ketan parekh,ponzi schemes like saradha,chit funds etc which are run by politicians or the persons known to them so best is to invest in fixed deposits and forget about diversification otherwise shylocks----politicians in collaboration with people known to them will just usurp your hard earned money

    Forward  |  Report abuse
Bats Mann
Re: diversification
by Bats Mann on Jun 05, 2013 12:43 PM

Well said, Zippy!

In India, it is the Government of the rich people, by the rich people and for the rich people!

Only the Middle class, law abiding salaried people pay taxes honestly in India!

The rich people and vote bank people get exempt from all taxes!

   Forward   |   Report abuse
Bats Mann
Limited
by Bats Mann on Jun 05, 2013 11:48 AM


You can only diversify and eliminate risk due to strikes, legal issues, government actions, and loss of accounts.

You cannot diversify and eliminate market risk which is the only relevant risk!

But then doing something is better than doing nothing at all!

    Forward  |  Report abuse
Total 4 messages Pages: | 1
Write a message