Same points are coming up again and again guys. Better to stop the discussion.
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Terrible advice. Inflation does not go away after retirement.
more bs. Losing 20% is losing 20%, no way to justify it.
Numbers are numbers, 1% extra expense over 20 years will lead to losing more than 20% in account gains as MF have real returns over inflation. There is no partial truth here, someone who selects his own funds is ignorant or stupid to invest in regular funds in name of convenience.
small caps – sure ride the wave and nothing wrong with investing in them assuming one can handle the drawdown. They are flavor of the season now, so its easy to sell that.
If you can beat the market, good and you can justify your expense that way. Proof will only be in long term and has to be measured against risk. But impossible to believe that most MFDs beat the market. Nope.
And ease of use is a trap that many newbies fall for and i guess you know how to milk it.
investing directly is just as easy to use.
Anyway, i keep responding but i should stop. So i wont read any more replies and ignore logical flaws. Good luck
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Yes. Thats the only way to ignore such people. I am in the midst of a hectic trading day – I have to watch the system even though its algo oriented (verifications)- but unable to escape this guys BS.
I guess I’ll also stop reading this thread for my own sanity.
@Meher_Smaran Please include an “Ignore user” addon? Will help ignore bull-shitters.
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Its there, did it. Button just under Message in profiles
Good luck to him.
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Losing 20% can be justified if the alternative is losing all the profits by getting out of market at wrong time. Add to it developing false beliefs about the market and not entering for a long time.
Check out the facts, this is the story of most investors in India. There was a report by a MF house that said only 5% (approximate) of investors benefited in the last decade or 2 in spite of the spectacular performance. Why is that??? There were MFD then too, but the design was such that the mentality was of an agent. So not much help from the MFD. Thanks to recent reforms it is changing now.
I believe the numbers will be similar after another decade or 2. Thanks to social media. This is where MFD comes in. They don’t call it “hand holding” just like that.
Most MFD may not beat the market, but they surely will help the investor not exit during bad times. That’s where the major part comes. Just check how many direct investors quit investing vs how many regular investors quit.
Ease of use is my personal view. I used to use Groww, didn’t like it. I love the interface of the app I use now (Don’t want to name it again), so using it. There is no sales here. Its just an app used for transactions. Investing in direct funds could be easy too, I haven’t found any such interface till now that I can connect with. Add to it the fact that I’m too lazy to look around.
I hope so too. Even I want to stop responding. Good luck to you too
Thanks… Ignored tat MFD salesman… cant see that fellows bull-shit now
As someone who has now read this thread from start to end,
It pains me to see the time/effort that was spent on this topic-thread
trying to point out the numerous red-flags.
Anyways, got some insights.
The biases are apparent.
@SpacemanSpiff, @tallerballer, @VijayNair
Thank You.
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Indeed. And what upsets me is the deception and dishonesty.