Don't Make This Mutual Fund Mistake ❎
Especially if you're new to investing!
Hey, you hardworking ball of fatigue!!
Kese ho? It’s the last week of December, and it is officially the time to slow down, you crazy child! Take this as a sign to treat yourself better with something your soul needs… a perfect cup of coffee/chai, a nice, long shower, a trip to blow off the steam, a solo date to your favorite eatery, or making a year-end investment in mutual funds!
Market ka haal: 📈 The stock market's been in a jolly good mood lately, spreading holiday cheer over the last three days! 🎉🎄 Sensex and Nifty seem to be in sync with the festive vibe, showing off their upward dance moves. 🚀📈 Despite a bit of a global market mix-up, our Nifty is playing it cool, taking a breather to prep for some positive vibes. So, buckle up, Buttercup! We’re probably about to cruise beyond 21,300; who knows, we might hit the 21,500 level and ring in 2024 on a market high! 🎊🚀
What I was up to: This week has been rather slow but steady! Lots of good work, and good times! I got to meet friends and family over shaadis & meet-ups, because we outdid ourselves and closed kaam till Jan 1 before Christmas! Niyati is off to a trip, but as much as I’d love to party hard to welcome 2024, I have fallen terribly sick, I’ve lost my voice too :(
Like what you’re reading? Please share this with your friends and have them sign up too!
Humara Gyaan:
If you know me personally.... or if you've seen my reel on our Instagram page earlier this month you'd know that I get my exposure to the stock market primarily through mutual funds- I do not invest in individual stocks because I do not have the bandwidth for research and follow up.
While investing is at our fingertips for convenience, it can be tempting to buy into random mutual funds but that’s the worst thing you can do to your portfolio. It is a grave mistake! 🪦☠️
Deciphering a jungle of mutual funds out there isn’t easy, but these websites will make it easier for you:
👩💻 Value Research: This platform is not just amazing but also user-friendly. Packed with beginner-friendly information, it's a valuable resource for learning and analyzing everything related to mutual funds and investing.
👩💻 MorningStar: A meticulous website offering real-time updates on various investment vehicles. It boasts a filter for selecting quality mutual funds and a section with quantitative tools tailored for thorough research.
👩💻 MoneyControl: Often considered India's go-to for real-time stock market updates, MoneyControl extends its prowess to information about different mutual funds. It's also home to insightful blogs guiding you through your personal finance journey.
👩💻 ET Money: The Economic Times, a journalistic powerhouse, seamlessly transitions its strength online. While it provides great information, you might need to invest some time in navigating it effectively.
👩💻 AMFI: For those seeking the most credible source, AMFI is the answer. As the governing body for mutual funds, it's arguably the most reliable source. However, its usability can be a tad challenging, deterring some investors.
Now that you're equipped with the know-how to explore mutual funds, check out this reel to understand what you need to be looking for:
This newsletter will be 2023's last weekly edition from us and I love that we've ended it by talking about my forever-favorite instrument, Mutual Funds. So much so that I actually considered #MutualFundsSahiHai to be my tagline instead of #SayaliKiRai, LOL!
Jokes aside, any instrument you invest in demands a dedicated amount of research and analysis—non-negotiable, really. May your investments thrive, your knowledge blossom and your financial journey be one of abundance.
Here's to wealth, wisdom, and the exhilarating odyssey of mutual fund mastery! 🌱🚀
I'll write you
anothermany quick ones like this in 2024Sayali ❤️
Follow us if you don't already: Twitter | Instagram | LinkedIn | Facebook | YouTube
Write all sentence in English. Avoid using regional languages while we have English