Widely read:
I started investing in mutual funds five years ago. Over time, I made several changes in my portfolio, guided solely by neighbourhood advisors. However, except for a 25 per cent gain made in the first two years, I was going nowhere. How can I go about setting things right? I am 60 and retired, my risk appetite is low-medium and I need an income of approximately Rs 40,000 per month to retain my current lifestyle. My children are well settled. I and my wife have adequate insurance.
This article was originally published on July 23, 2009.
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