Thanks for this wonderful blog, every day I learn some or other new things.
Could you please give us your views on PMS and MARS services? I have heard a lot about these services and went through some articles to understand the concept but unable to gain confidence. I know there are hidden charges such services but do they really care for a good return for customers that to beyond traditional MF / Stock results?
What is your feedback about Motilal Oswal PMS and NJ’s MARS?
Thank you for your kind response.
I never tried nor recommended such PMS. Because my only intention is to make sure that you start manage your money on your OWN. It may take some time. But other than YOU, who can better understand your requirement, risks or the value of YOUR money??
Thank you for the response. Yes, you are absolutely correct that only I can understand the requirement of my money but sometimes you know that due to lack of expertise we tend to waste our time and money. I at 41 age with very less time to create retirement corpus and other stuff, I am looking for a way wherein I can still create that corpus. If I do trial-n-error then I will keep loosing my time. So I am finding alternative approaches to make sure that from today itself I am creating my corpus. I know direct equity is kind of high risk but I am in the situation wherein either I extend my retirement age or go with some high-risk investments, after Mutual funds, direct equity will give me little higher return (15-20%) with tenure of 10 years.
So in case if you have some experience about PMS / MARS then I would appreciate if you could share.
But do remember that PMS service is for those whose have minimum Rs.25 lakh investable amount. I know your concerns at your age. But the solution is in YOU. Learn the things on your own.
Set Goals—Do Asset Allocation—Select the funds from my list—Start investing.—Monitor yearly once—Be CALM from NOISE.
Thanks for your response. So you are recommending that I must learn/study equity investments and invest into the good choice of stocks. I hope you are referring to direct equity, not MF.