Many people afraid of investing in equity or mutual funds because of mainly two reasons:
1) They want risk free returns to get financially secure.
2) They (or their family members) had a bad experience in the past while investing in the security market/MF.
We knowingly or unknowingly prefer to remain in our comfort zone. By the way, this is Newton's first law which is universally applicable in every aspect of our life. Now the question is why do we seek risk-free returns which actually do not exists? This practice or concept was good decades ago during our parents'/grandparents' time. However, with the change in our lifestyle, socially & economically both, and with the advancement of technology, we need to adopt a new thought process and we have to move out from our cage sooner or later.
To address our fear, we need to learn/acquire knowledge about the availability of various investment avenues, their risk factors, how actually it works and how can we manage our expectations in a better way. WE have to come out from a mediocre mindset, then only we get acquainted with new processes & methods which suit to our aspiration & requirements.
Flexibility & adaptability is the new ara of the world to grow in life economically. And nothing is permanent, change is very fast, beyond our imagination!
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