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Long term investments.

31 October 2012

I want to invest 2 lakh in share market for 10 year please suggest me best shares in infra, power, bank, FMCG? I want to invest 2 lakh in share market for 10 year please suggest me best shares in infra, power, bank, FMCG?

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premnath (Student Others) (42 Points)
Replied 31 October 2012

There is one good thing & one bad thing about your question. Good thing is you want to invest for long term in equity but bad thing is you want to invest directly in equity rather than going through Mutual Fund Route. The biggest problem with direct equity is that a very small number of people can do it right. And people who can do it right don’t ask for suggestions or tips – they just research & make their investments. But most of the people just feel they’re right, till they get really screwed big time when market makes a turn. I am having a big confusion that why people think they can beat mutual fund managers? Direct equity demands too much attention & at times it’s too addictive. And when you can’t control yourself, it can ruin your portfolio and wipe out your savings. Presently there are so many mutual fund houses are offering very good long term beneficial schemes. Reliance Mutual Fund house is on among best available in the market now.