
Last month, on Teacher's Day, I received an email from a mutual fund investor who is still in his thirties. He said that he felt that he owed guru dakshina to Value Research. He started investing just after he had started working. He had stumbled upon Value Research Online, which was recommended to him by a financial advisor. From then on, all his saving and investing were done by following what we recommend, be it the basic principles or the specifics.
Now, about a decade and a half later, our friend finds that everything has worked out just as it was supposed to work. There were setbacks, as in 2008-09, when the value of his investments went down. However, he believed in what he had been reading here and kept faith. He not only decided to stay put with his investments, unlike so many others, he also continued with his SIPs. Needless to say, he has reaped the rewards for investing in what we might call the Value Research way. Today, at a relatively young age, he finds that he is financially independent for all practical purposes.
Inspired by our friend's story, we sought him out as well as some others who have fascinating, lifelong investing experiences that are powered by Value Research. I think this is a great way to celebrate the 13th anniversary of Mutual Fund Insight. Over these 13 years, we have kept our focus as much, if not more, on how investors should conduct themselves than on analysing mutual funds. Providing you with the best possible research and analysis on mutual funds as a part of our job is a given. However, over the years, we have always emphasised that investor's own conduct is a far greater determinant of his/her success. In fact, the very definition of success in investing is crucial.
Success in investing means meeting your life's financial goals. It does not mean always being invested in the funds with the highest returns. In fact, there is likely a mutual exclusivity between the two. Investors who are focused on winning the game of always having the funds that are at the top of the charts are more likely to lose sight of long-term goals. Sometimes readers feel that we issue a lot of this 'life' advice. However, our goal is to help disseminate exactly what will help our readers meet their goals. I think reading case studies of actual investors will bring home the value of having the right approach to investing and of sustaining this approach over years.
Back in 2002, when I first launched Mutual Fund Insight, I'd hoped that it would become the nucleus of investors who use mutual funds just the way they are supposed to be used. Thirteen years later, it is a matter of no small satisfaction that not only do we have such a community, but it is also growing rapidly.