Tuesday, October 20, 2009

Money is always limited, but opportunities are unlimited

Money is always limited, but opportunities are unlimited
One needs to optimize the use of money in order to get optimal returns. For instance, there are a plethora of mutual fund equity or debt schemes. But not all of them are chart toppers. Mutual Fund Schemes that gave the highest returns in 2004 did not do so in 2006 or in 2008. Even today’s chart toppers might not remain so in the future. It is thus very important to be able to recognize tomorrow’s winners well in advance and invest early in them to get better returns. It is equally important to be able to recognize potential losers and exit them in time. Like they say, Swim with the Tide and Swim Out in time

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