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Posts Tagged ‘Mutual Fund’

Today a news popped up, the Mutual Fund market is going to collapse. MFs were always considered a safer bet for investment among all the high risk ones. The assumption is that there are people who are putting stakes to manage your investments. But, no longer true!

It’s not even a month before it all began. During one of the classes of our orientation came the news of the great Lehmann collapse. Since then a string of events in the finanical world (bubble burst – remember dotcom burst) have brought upon a never seen before liquidity crisis. The world is panic stricken and everybody has stopped cribbing about the rising crude prices (they have dropped now actually) and inflation.

Many of my friends have opted for a SIP (or Systematic Investment Plan) and I was really surprise to hear them talk about losses. I have stayed away from MFs only because I believe I can earn more by investing directly into the stock exchange (of course even I have lost money). Every time a stock falls, I feel encouraged and buy more – only needing to buy even more. The colors of the week are RED,

Despite this, we always find time to talk about cricket. Sloppy fielding, Australian (cribbing) media, Spinners vs. Pacers, Sehwag…

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