Mutual Funds so far have given negative returns this year , but history proves that after negative returns, next 1-2 years are big return years.....let us see how it pans out this time...
Smart_trade
Yes, but senior citizen after retirement give their money to so called hotshot fund managers for managing ...these guys promise 5-7 % returns per month...this is a con game which mushrooms in every street in every bull market....also based on tips they will buy penny worthless stocks and these stocks lose 60-70 % of the value....retired persons must invest 45-50 % in fixed income securities like bonds,FDs, debt funds etc which will give steady returns....and if extra money is left he can invest in balanced funds and equity.....
ST
For Every persom, my formulae , percentage of your liquid assets invested in secured funds should be directly propertional to your age.
I.e. If you are 30 years old, keep 30% in secured /fixed income funds & 70 % in equity, age is 50, 50 % in equity & 50% safe & if you are 70 years old, just keep 30% in equity & 70 % in safe investements.
Your Risk capacity should be decreased as your age increases. Jo kaam 30 main karna chahiye, vo 70 main nahi karna chahiye, chahey vo share market ho ya Life,
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examples dekh lo, Big boss main, Jo kaam 70 main karna tha, vo 30 main kar liya, bhajan gaaney ka,..aur jab bhajan gaaney ki umar aayi,to 30 ka kaam kar rahey hai..Consequences are not good.Not for Body,not for mind & not for soul.( this staement on pure lighter note, its not intended to hurt feelings of any perosn, moderators can delete also , if they want,)
This statement is only for keep thread in lighter mood, but personally I am in favour of personal freedom, age doesnt matter.
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Thanks