Dont buy funds. Make your own. Buy 100 stocks every year for few euros and sell those that have no life.
Five years ago I sold such dead duck at enormous loss. I bought NVIDIA, because maybe those Bitcoin-nuts support it.
Also very similarly I bought 1992 almost bankrupted NOKIA, because it was so deeply in government contracts that it cannot go bust.
All other stuff in the 100 papers portfolio have been quite uninteresting.
The lesson I making here is this: If you buy funds, the fund manager is BY LAW obliged to balance the bucket. She cannot let those few winners run their due course and you will never get truly rich.
Comments
Dont buy funds. Make your own. Buy 100 stocks every year for few euros and sell those that have no life.
Five years ago I sold such dead duck at enormous loss. I bought NVIDIA, because maybe those Bitcoin-nuts support it.
Also very similarly I bought 1992 almost bankrupted NOKIA, because it was so deeply in government contracts that it cannot go bust.
All other stuff in the 100 papers portfolio have been quite uninteresting.
The lesson I making here is this: If you buy funds, the fund manager is BY LAW obliged to balance the bucket. She cannot let those few winners run their due course and you will never get truly rich.