Your Money is resting in Air Conditioned Bank, while you are working hard in the hot sun to earn Money. When will that that day come, when you will rest on a beach and your money will work as hard as you? Think about it.
So Primary reason for Investing in equity mutual funds is like investing in Assets which has the potential to beat inflation, taxes which will start generating passive income in later years. It's high Time one must switch from FD's to Equity Mutual Funds as FD's will not be able to even beat inflation forget about Taxes, Only Equities has the potential to outperform all other asset class.
Timing is the most important aspect of compounding returns, it has to start early. Investing through SIP and investing Lump-sum on dips is the ideal strategy to create Passive Income
Happy Trading & Investing @GHC
Thanks
Rasmeet (Trader, Investor, IFA, CFGP)
So Primary reason for Investing in equity mutual funds is like investing in Assets which has the potential to beat inflation, taxes which will start generating passive income in later years. It's high Time one must switch from FD's to Equity Mutual Funds as FD's will not be able to even beat inflation forget about Taxes, Only Equities has the potential to outperform all other asset class.
Timing is the most important aspect of compounding returns, it has to start early. Investing through SIP and investing Lump-sum on dips is the ideal strategy to create Passive Income
Happy Trading & Investing @GHC
Thanks
Rasmeet (Trader, Investor, IFA, CFGP)
