Penny Wise, Pound Foolish!!!
Retirement – It’s a Child’s Play, Would You Interested to be Coached???
January 9, 2020
Penny Wise, Pound Foolish!!!
TrackMutualFunds is more than a Robo-advisor. When you start with TrackMutualFunds, you get FREE access to a Mutual Fund platform that is a great tool in its own right.
If you sign up for the Mutual Fund Investments, you’ll get a hybrid Robo-human advisor experience that makes many investors a bit more comfortable than handing everything over to a computer. Investing is not only convenience, it involves lot of decision that results into one’s emotions, which we hardly master it.
Even if you don’t invest through us, the TrackMutualFunds mobile app (Powered By Asset Plus) helps you to track all your mutual funds at one place. It also helps you to locate or retrace, if you missed any of your old investments at the click of the button.
There are many online platform that claims DO IT YOURSELF, they are high-tech and that would be convenient for those who just wanted to test the mutual fund investment experience.
We believe Mutual Fund Investment is not the testing ground, because the markets can swing both the way and if somebody entered in a BEAR phase he will have a different experience than the BULL phase. The platform is same, yet two different markets gives different perspective to the investors experience. That is not the way to judge mutual fund investments which is potential wealth creators especially for the middle class.
Mutual Fund Investments should be experienced, for that you as an investor needs to be handhold rather than asking everything to do it by yourself.
All the ROBO advisory platform claims that why you go through advisor and come DIRECT and save lot of money and if you look at the example they have quoted there is a huge different between the returns. At any given point of time irrespective of the fund category there will be approximately 10% difference between the top and bottom mutual funds.
Investors typically pick up the funds based on the star rating, and Star is given for the past performance, no one gives for the future outlook because which is difficult and it should have lot of understanding. I have taken the performance for different funds to understand the real difference.
| Category | Best/Least | 1 Year | Difference | 3 years | Difference | 5 years | Difference | 7 years | Difference | 10 years | Difference |
| Large cap | Best | 7.85% | 14.07% | 22.71% | 13.28% | 19.04% | 9.34% | 16.08% | 8.55% | 19.09% | 6.18% |
| Least | -6.22% | 9.43% | 9.70% | 7.53% | 12.91% | ||||||
| Large & Mid cap | Best | -1.37% | 15.83% | 20.80% | 11.88% | 25.98% | 16.96% | 23.23% | 14.26% | 27.37% | 14.32% |
| Least | -17.20% | 8.92% | 9.02% | 8.97% | 13.05% | ||||||
| Mid cap | Best | 3.58% | 20.70% | 17.02% | 10.02% | 22.91% | 14.66% | 19.04% | 17.83% | 24.28% | 16.00% |
| Least | -17.12% | 7.00% | 8.25% | 1.21% | 8.28% | ||||||
| Small cap | Best | -5.58% | 23.29% | 20.69% | 18.31% | 27.95% | 22.60% | 23.21% | 17.38% | 26.56% | 16.45% |
| Least | -28.87% | 2.38% | 5.35% | 5.83% | 10.11% | ||||||
| Multicap | Best | 8.04% | 21.16% | 18.72% | 9.46% | 19.96% | 10.53% | 17.56% | 9.35% | 25.74% | 13.57% |
| Least | -13.12% | 9.26% | 9.43% | 8.21% | 12.17% | ||||||
| Value fund | Best | 3.17% | 29.27% | 18.79% | 11.01% | 21.23% | 10.00% | 17.63% | 7.66% | 23.89% | 9.87% |
| Least | -26.10% | 7.78% | 11.23% | 9.97% | 14.02% | ||||||
| ELSS | Best | 1.64% | 21.69% | 22.19% | 12.57% | 19.91% | 9.78% | 18.21% | 8.22% | 20.90% | 8.14% |
| Least | -20.05% | 9.62% | 10.31% | 9.99% | 12.76% |
We at TrackMutualFunds with high tech we are providing High Touch as well that is the need of the hour, we have a dedicated team trained by the veteran in the industry. Here, you will not be left behind and for every organization there is a separate finance department because you might be good at your job when it comes to market dynamics you will not understand much in depth. Going DIRECT is Penny Wise, Pound Foolish and many DIRECT investor having difficulties in the current bear market. Let us be prudent enough to create long term wealth and stay invested through TrackMutualFunds
Most Difficult Thing to Do in Life is Taking Decision at appropriate Time. To decide something we should have more inputs or data. Those who make quick decision will have this and this only gives courage for them to do that. Because the perceived cost of not making the decision is perceived to be lower than the cost (risk) of making it. It’s been said that we don’t really make decisions; we just run out of time not to. Fear. Nothing more. Fear of what happens next. Fear of what others may think about their decision. Fear of themselves, being who they really are.
