Game of Casino...
Isn't putting money in the stock market including Mutual Fund investments is like playing in a casino???
To me it's like asking if Gas cylinder used for cooking and present in every kitchen is dangerous....
It all depends on how much we know about the asset class and what we do with it.
Just like cooking gas cylinder can cause huge losses if we dont take proper precautions, the Equity market if used for speculation by Gamblers can cause havoc in their financial well being.
but when we start using it as an investment vehicle by investors, it gives adequate inflation beating returns..
Basically Risk comes from not knowing what we are doing.
For small investors and individuals who cannot track the Equity market, for them MUTUAL FUND route is a wise option provided it's held for a decent
period of time.
period of time.
Therefore It's always wise not to put all the eggs in one basket and I follow this rule diligently...
Have a great week ahead...
Happy Investing 🙂
Biswajit Roy
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