Share market and mutual funds in India
I have recently seen the various adds put in mass media to
encourage people to invest in Mutual Funds. But answer me one question by
reading the following statement-
Statement
“ It is known fact that post demonetization
and GST, the industries are on a tailspin, production are down, job market in
tatters and the economy has gone down in terms of % growth and GDP by about
10%.”
Question
Why then the
SENSEX is up by 3000 points that is by 10% when the growth is down by 10%!!!
Conclusion
This clearly shows that the share
market is a gamblers paradise and foreign investors who cannot earn few % on
the investment in their own country, injects money in India to earn something.
This results in too much money chasing too few financial papers (shares in this
case) causing a price rise of the share papers creating a false sense of well being
of our economy. This is the reason most of the investment in share markets does
not earn anything or even losses a part of investment most of the times.
Summary
Avoid all forms of Shares and Mutual funds and invest in
Bank term deposits, post office schemes, RBI bonds and such gilt papers
Net Result
! A peaceful happy and tension free life !
Beware of Share Market and Mutual Funds
Above is my thinking.
You may differ
Comments
Post a Comment