EQUITY is an important constituent of any personal investment portfolio- be it DIRECT or through MUTUAL FUNDS, ULIPs or NPS.
Successful management of equity investments lies in protecting the wealth from the bear phases of the stock market i.e. the crashes of the kind witnessed in India in the year 2000 and 2008. This knowledge and skill is a must for all those who are serious about their money and who aspire to be wealthy.
Without such understanding, investment in equities becomes risky and might result in losses or lower than expected returns. Such knowledge and skill only can help you convert your small savings in these instruments into decent wealth.
Knowledge is wealth. Acquire knowledge and leave the legacy of wealth of knowledge for your loved ones.