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Paisa jaldi banana hai ke zyada banana hai ?Gajendra Kothari, Etica Wealth, Mumbai

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Key Take-Aways
  • Don't act on all the information available. Instead, assess which information is useful to make investment decisions.

  • Looking at NAV on a daily basis can skew the bias of the investor towards short-term. Many first-time investors fall into trap of looking at portfolio on 1-2 year basis when it needs to be judged medium to long-term.

  • While it looks very easy in hindsight, timing the markets well is not easy. Don't fall into the trap of thinking it is.

  • Be clear about the role of the advisor and your own expectations. Is your intention to make money quickly? Or to make lots of money? There is a difference. Trading frequently may not make you rich.

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