Mutual Funds

[sytheuser]

Re: Mutual Funds

@Southie

I agree - you have knot made statements that are not factually correct. In other words, last year return 33 pct. Jan 2015 return 10 pct. But the past is just a rear view mirror. And not a predictor of future returns.

AFTER the event, we can clearly see what HAS happened. Doesn’t mean the return going forward will be the same. It can also be NEGATIVE. As was the case for the Nikkei from 1984 to now. Or for us markets from 2000 to 2012.

Promoting positive returns while not mentioning possibility of negative returns for a prolonged period - to me - is not keeping ur clients best interest.

a good financial advisor should provide the big picture taking into account clients needs and risk tolerance. And not just promote the positive parts. That would be speculation.

WeWe access the needs of the investors before advising them. Like said it depends on the market. I suggest investing in stocks only if your investment period is 1-3 years. You willget capital growth if you invest in stocks or asset allocation. The higher the stocks go the lower it comes down. It is because of the regulatory bodies and policies. Without that the maker market will have no certainty. We know which stocks will go up and down but we are not a brokerage house therefore we donot give such information to clients because it Is called booking profit and against the ethics. That’s why we are called investment advisors. We adjust your need first and theN Advice accordingly for a safe a healthy investment.
I opened this thread for discussion About mutual funds. OfcoUrse I will tell the details in the discussion. Writing all this in one post would mean a big thought out post. So I apologise if you thought I was misguiding anyone and just selling the product. I am bound by law and by my oath and ethics to provide the right advice. One wrong advice and I lose my job. That is why I have reputable and high networth clients Mashallah.