What Investment mistakes you made that you want others to avoid?

[Sammoka]

Actually, I was going for one of each - Bluechip, Small Cap, Balanced, Debt, International etc.
I thought the 2 bluechip funds is what I have duplicate but not others. Is it not the case?

No, bluechip and large cap are pretty much the same, you can check the holdings
Balanced funds are not suggestable to anyone
Debt is only good if youre quite old and would need the money for any near term expenses
Motilal oswals n100 is pretty good other options include Edelweiss US technology (which is an FoF investing in JP Morgans US Tech Fund), ICICI US bluechip, IDFC US Equity FoF (investing in JP morgan large cap growth fund)

 

[goDofWar_skr]

Debt is only good if youre quite old and would need the money for any near term expenses

Kuvera kept on bugging me all the time that my portfolio was 100% equity, which was not safe and my peers have 70-30 equity-debt ratio.. So I just did it for the sake of it.
Thanks for the other suggestions.. will look into it

 

[Sammoka]

Kuvera kept on bugging me all the time that my portfolio was 100% equity, which was not safe and my peers have 70-30 equity-debt ratio.. So I just did it for the sake of it.
Thanks for the other suggestions.. will look into it

Your age is a major consideration, if you're young you can take more risk, only when you get older you need a good debt portfolio on your hands. If Kuvera is bugging for such trivial matters I would suggest just switch to something else, perhaps Zerodha is a better fit.

 

[booo]

You like a person who would have invested in Ranbaxy, Reliance Capital Reliance Communications, maybe even Yes bank and Vodafone Idea (at 100), to you I say goodluck. Youre the smartest and rest of the world is are nincompoops.

good job. go ahead and attack me for having a different opinion than yours.

 

[Sammoka]

good job. go ahead and attack me for having a different opinion than yours.

I have not used any cuss words against you, nor have I attacked you, mind your language
Look into the rational that you give, you expect a person to keep tracking the PEG, Revenue Growth, Profitability growth, sustainable business architecture, attrition rates, among various other key factors from around 5000 listed companies. If a person if they are retired, or are in the field of finance itself, sure go ahead.
For a person who has other priorities in life they could be a doctor of a developer do you really think your own suggestion is smart? Not only that when you say diversification is stupid but those who have made crores in India or millions abroad is through diversification in the right sectors for which they have done a macro analysis of the industry. You can never put all your eggs in the same basket for investments. Something that everyone has seen and looked into so why give have such a condescending tone? Are you Rakesh Jhunjhunwala, Ramesh Damani or Warren Buffet?

 

[booo]

I have not used any cuss words against you, nor have I attacked you, mind your language
Look into the rational that you give, you expect a person to keep tracking the PEG, Revenue Growth, Profitability growth, sustainable business architecture, attrition rates, among various other key factors from around 5000 listed companies. If a person if they are retired, or are in the field of finance itself, sure go ahead.
For a person who has other priorities in life they could be a doctor of a developer do you really think your own suggestion is smart? Not only that when you say diversification is stupid but those who have made crores in India or millions abroad is through diversification in the right sectors for which they have done a macro analysis of the industry. You can never put all your eggs in the same basket for investments. Something that everyone has seen and looked into so why give have such a condescending tone? Are you Rakesh Jhunjhunwala, Ramesh Damani or Warren Buffet?

now who is being condescending? i said mutual funds are like khichdi because i believe so. if you dont like that idea it’s okay but instead you went ahead and started calling me a smart ass.
read your statement above one more time slowly. yes, i believe trying to invest in 5000 companies at the same time is really stupid. mutual funds are managed by fund managers and in my opinion trusting them one’s money is stupid because of agency costs. Jim Cramer was telling everyone to buy bear sterns just a day before its collapse. so good luck trusting the likes of citadel or motley fools. so yes. i think you suggesting mutual funds is really stupid.

 

[frozenscotch]

I saw in some queries about LIC, for them

1. DO NOT MIX INSURANCE WITH INVESTMENT
2. DO NOT TAKE LIC INSURANCE POLICY FOR INS/INV PURPOSE, I SAY DO NOT TAKE LIC AT ALL !!!

For above requirement, purchase a term insurance policy AND a high rated "large" or "large and mid cap" mutual fund.

Equities are a long game, more than 3 years. Do not invest for lesser periods. Last year was an exception and you don't want a similar situation again

My 2 cents

 

[xkcd0137]

Come on guys, no need to get into a cock-fight or dog-fight or bull-fight (pick your illegal poison, heh) everytime someone with a different opinion comes across.

We are not some 12th graders here, right? Kindly act maturely and with some decency.

 

[Sammoka]

now who is being condescending? i said mutual funds are like khichdi because i believe so. if you dont like that idea it’s okay but instead you went ahead and started calling me a smart ass.
read your statement above one more time slowly. yes, i believe trying to invest in 5000 companies at the same time is really stupid. mutual funds are managed by fund managers and in my opinion trusting them one’s money is stupid because of agency costs. Jim Cramer was telling everyone to buy bear sterns just a day before its collapse. so good luck trusting the likes of citadel or motley fools. so yes. i think you suggesting mutual funds is really stupid.

Alright, all the best, not even going to try to explain diversification here as the expense ratio which you are quoting in the grand scheme of things is hardly negligible, not to mention if you had been investing since Y2K in mutual funds your would have perhaps have a portfolio worth crores now.
Hope you outperform everyone. Also if Jim Cramer is who you want to follow or is the only one out of thousands you consider all the best.

Come on guys, no need to get into a cock-fight or dog-fight or bull-fight (pick your illegal poison, heh) everytime someone with a different opinion comes across.

We are not some 12th graders here, right? Kindly act maturely and with some decency.

Not arguing at all, have seen economic cycles first hand, suggesting a person whose relatively new to go stock picking is equivalent to burning your own hands or going for intraday, the main idea is to invest and forget especially if you're in a different profession and not from a finance background, you need to focus on your job not stocks for eg. a heart surgeon shouldn't be giving out stock calls, just invest and forget, and focus on his core specialty.

 

[X-Gamer]

Hi All,

Need some suggestions on investments for my future..

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Removed personal investment details as per members suggestions. but how do i remove it from the replies?

I am looking for long term stable investments with good returns. Should i be saving up and buy gold biscuits or should i invest more in Mutual funds and dive into stocks?

 

[Sammoka]

DELETED

 

[booo]

Hi All,

Need some suggestions on investments for my future..

I am looking for long term stable investments with good returns. Should i be saving up and buy gold biscuits or should i invest more in Mutual funds and dive into stocks?

Going by the thread title; don’t take advice from internet strangers and also don’t post personal financial details on public forums.

people giving advice to you have nothing to lose and they don’t care if you don’t gain.
think about it.

 

[vishal_k]

Hi All,

Need some suggestions on investments for my future..

I am looking for long term stable investments with good returns. Should i be saving up and buy gold biscuits or should i invest more in Mutual funds and dive into stocks?

Everything depends upon your income, expenditure/liability, whether you are a govt. employee, pvt. sector employee or self employed. Better to consult your CA/ financial advisor. No investment is good or bad but every investment have their own perspective of gain and that depends upon the risk the investor is willing to take. And as @booo suggested, your financial details should only be with your family and CA.

 

[Chaos]

I wasted lots of time on mutual funds and didn't see appreciable returns over 10-15 years. Just around inflation rate or maybe a bit more.

Stopped it since 2016 and started investing directly in stock since then of tech companies I typically use (nvidia, amd, qualcomm, msft, goog, amzn etc) as well as upcoming ones like Tesla. Let's just say I made enough money in the last five years to buy myself a 5000 sqft 5bhk villa earlier this year when I decided to book my profits.

MFs are a waste of time if you know where to put your money in tech and follow industry trends. To be honest gamersnexus news has made me take more informed decisions than the so called financial market pundits.

 

[booo]

To be honest gamersnexus news has made me take more informed decisions than the so called financial market pundits.

+1 adoredtv

 

[Mr.J]

I wasted lots of time on mutual funds and didn't see appreciable returns over 10-15 years. Just around inflation rate or maybe a bit more.

Stopped it since 2016 and started investing directly in stock since then of tech companies I typically use (nvidia, amd, qualcomm, msft, goog, amzn etc) as well as upcoming ones like Tesla. Let's just see I made enough money in the last five years to buy myself a 5000 sqft 5bhk villa from this money earlier this year when I decided to book my profits.

MFs are a waste of time if you know where to put your money in tech and follow industry trends. To be honest gamersnexus news has made me take more informed decisions than the so called financial market pundits.

So it can't be you who made bad investments, no. It's the entire domain of mutual funds that is waste of time. Funny.

 

[Chaos]

+1 adoredtv

Yep, this and a few others who leak upcoming products like videocardz, wccftech etc. Since we are in tech, it is far easier for us to atleast make informed judgements about this sector.

I've almost bailed out of nvidia since I knew they'd crash thanks to the crypto crash. Its happening now - after the split, the stock is on a downtrend. Good times to play the short game.

 

[rdst_1]

It's very simple guys. MFs are for people who can't or won't spend the time to learn about stocks and how to invest in them. And if it provided better returns than other investment opportunities available to people, then there is nothing wrong with investing via MFs. One can always find better investment opportunities but saying that others are wrong because they couldn't take the same decisions as you did, is kind of pointless. Having a financial advisor or someone who manages your portfolio isn't wrong either as one can't be an expert at everything.

Edit - Just like you guys can show us that you made a lot more money investing directly and actively in stocks, I can show you people who made many times more money than you in real estate or art or collecting cars. It's all about accessibility, risk appetite, time on your hand, etc. and many more factors that are unique to an individual who is investing.

 

[rushab_rdx]

I have direct investments , Mutual funds, Gold and silver (Physical) too . No form of investment is inferior or superior according to me. Its just invest in what suits you best.
I love PPFAS because of monthly outreach they have and clear communication over mails . But i was told here that im stupid for suggesting that .

 

[xkcd0137]

I wasted lots of time on mutual funds and didn't see appreciable returns over 10-15 years. Just around inflation rate or maybe a bit more.

Can you give some ballpark? Coz I have been investing in some MFs since 4+ years and I am getting 20-43% returns in all.

Stopped it since 2016 and started investing directly in stock since then of tech companies I typically use (nvidia, amd, qualcomm, msft, goog, amzn etc) as well as upcoming ones like Tesla.

I am investing in stocks as well and have made good returns mostly 30%-70% in all stocks, but since my capital is not a lot, profits are not that large.

Let's just say I made enough money in the last five years to buy myself a 5000 sqft 5bhk villa earlier this year when I decided to book my profits.

Congrats.

if you know where to put your money

Hit the nail!
Imo, for people with less knowledge of capital markets or time to study the books of a company or for someone who can spare some amount for SIPs but doesn't have much lumpsum, MFs are a good deal if chosen wisely.