Money Thought for the Week: Mutual Funds and Cricket work the same way!

One must learn patience and consistency from Rahul Dravid (THE WALL) – ‘A true Gentleman’ of the Gentleman’s game. Imagine Shoaib Akhtar or Bret Lee bowling at a speed of 150+ KMPH and Rahul Dravid simply leaving the outgoing ball, with the bowler completely frustrated! Leaving the bouncers and out swingers are also a part of a century, but unfortunately no scoreboard shows them….

Similarly, Equity Mutual Funds also face these bouncers and out swingers, in the form of market volatilities. But a good investor, who wants to play long and achieve his/her financial goals, must tackle these conditions calmly with singles and doubles (ie SIPs) and without getting jittery.
(Contributed by Jatin Uppal, Financial Planner at Hum Fauji Initiatives)