We all dream of a financially safe and secure future and plan for our old age. Wise investment is key to this. However, not many are adept in forecasting how the market shall behave and this carries huge risk – a deterrent that pushes us to look for agents who could guide and get us the best deal!
In general terms, not pointing on all, most of the agents are strongly driven by their own individual motives of maximising their revenue or meeting their monthly targets and here the investors interest is secondary. There are numerous instances to quote where individuals have lost all their investments due to wrong guidance.
It has been observed that many of the investors in Mutual Funds buy when the market is already up and is valued high. When the market goes down this results in huge disappointment. The profit and loss in Mutual funds depend on performance of the stocks as well as the financial market. None can guarantee a gain or loss. This makes it critical to understand how Mutual funds work. Mutual funds are primarily managed by fund managers and misguidance or a possible element of dishonesty may deplete you of your profits and may thereby result in loss.
So, what should one do? Well, isn’t it good to be Atmanirbhar? Why not be our own guide? It’s never too late to learn. Search, research and try to understand how mutual funds work, which equity has performed better and has consistency….well making an analysis on such a wide scale with countless equities available, it’s not an easy task. This is where technology can be of a great help. A technology platform which can churn data and thereby let you make a choice from a limited few depending on your investment plan and budget may sound like a dream. OLC Invest is one such platform that strives to ‘make investment easy with technology. No human interface, no middle men – it thus negates any possibility of vested interests or an element of dishonesty. And what can be better, it makes you truly ATMANIRBHAR!
* Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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