Choosing the Right Mutual Fund Scheme with Prime Investor
Paisa Vaisa with Anupam Gupta
00:00
Why Young Investors Make These Mistakes
Many people do this mistake of starting out with a very high equity portfolio. They think that they can take risk, but many of them cannot. I knew of an investor who in the peak of 2020 COVID, an young investor, maybe 26 or 27, who decided to go all out on equity because the market was booming and they thought they made enough money. But last year in 2022 when the experienced correction, he could not handle it at all and he decided to fully exit. Now these kind of decisions happen because you don't have a balanced asset allocation. If you had put say for example, started with a 50, 50, your portfolio hit would have been much lower. Then you
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