The fund managers will come up when market pick up....All will go down .once marker in grip of bear!!Hence my suggestion to investers watch...study market the invest inteligently..& reap the profit!
It is so funny. Last month all are breaking their heads wether markets will test new los i.e., Sensex 6,000-levels. This year target WAS at best 12000 BSE. Some of the stocks have crossed their 3-year targets within 3 trading sessions (Yes bank-buy call - target of 135-time frame 3 years). I am also benefited with this upmove. But worried to see the manipulation in markets.
If really bull run starts, sell of your investments & book profit. FII will going to give you fair chance of exit. If you dont take, they will exit & shares in your Demate A/c Ha haha ha
Re: Re: Bull run ?? A chance to exits
by suresh sampat on Jun 04, 2009 05:16 PM
Dear Everybody wants to purchase at bottom & sell at top. Every greedy gets killed in this market. Here i can give you two example: RPower Issue price 415/- then bonus, still costing Rs. 269/- today price Rs. 190/- so loss. Further take FCH Future Capital Issue price was Rs. 765/- today price Rs. 312/- so loss. (both the issue were oversubcribed) haha haha hahaha
Sundeep has given a nice analogy about comparing mutual fund manager with doctor and investor with patient suffering from some health related issues. I too believe people who invest in mutual funds are patient who needs some cure (financial) but mutual fund managers are not doctors they are part of problem themselves and at best only failed market manipulator. I advise common invester either to invest themselves or to invest in debt related instruments.
Re: Reliance Mutual fund????
by Ankur on Jun 04, 2009 03:02 PM
That is correct, Buying a Mutual Fund is total waste unless it is for tax saving. For investing people should directly invest into stocks. The Mutual Fund guys eat up large chunk of your profits.
Re: Reliance Mutual fund????
by NITIN KOHLI on Jun 04, 2009 05:16 PM
Only benefit mutual funds have is the lock in period investor is forced lock for certain 3 / 4 years thus basic & most prominent mistake of buying at wrong time & selling at selling at wrong time is avoided . lest lock S-h.i-t of 4 years u will see it converted in manure u dont need fund manager to manage it
