Dont check the NAV, its irrelevant.

#1
Before buying anything, we all have a tendency to check the price of that particular product. Be it household items, apparels or even stocks. And to get the best deal possible we also do bargain. Dont we? Unfortunately this tendency of checking the price (NAV) has also creped into many of you investors while investing in mutual funds. But have you thought - does that really matter while investing in mutual funds?

If you are investing in Mutual Funds, depending upon their current NAV values, than probably you are doing a wrong thing, as investing in Mutual Funds, does not depend upon their NAV values rather there are other factors which matters while investing in Mutual Funds.

Read more:
Does NAV of mutual fund really matter?
 
#2
Yav (Jav), Prav and Nav are three words(worlds) described in the Book of Veles. [References to them became popular among Ukrainians and Russian neopagans.]

YAV means - the material world (in which we are right now).
NAV means - the immaterial world (the world of the dead).
PRAV means - the Law that governs both Yav and Nav.

In present day.... Investing in Mutual Funds on basis of NAV is absolutely wrong as fund managers do manipulate the YAV (the stock prices) to display a rosy NAV (which is not real). To get this NAV they may do all the tricks you can imagine.

So....It's every investors own responsibility not to fall prey to such gimmicks.


CMAK