Vignesh Kamath

AMFI-Registered Mutual Fund Distributor | ARN-151148 |
When I'm not working, I'll be on vacation, reading, or playing with my dogs.

[Vignesh Kamath @vkamath_X]

Investing without knowledge is gambling.

Best investment is an investment in oneself.

Either work with a SEBI-RIA,AMFI-RMFD (learn from them)

Or

Gain knowledge by reading SEBI or AMFI or NISM material.

Then Invest.

Do not gamble.
Perhaps only the luckiest 2% make money by gambling,

[Vignesh Kamath @vkamath_X]

@vaneshmali Curious,
What about people earning 20,000 per month

Do they hesitate?

[Vignesh Kamath @vkamath_X]

@growth_edge_ Curious,
If a person chooses "Regular option" on an AMC website , who is the distributor?

[Vignesh Kamath @vkamath_X]

@BaluGorade Given today's world where,

otp frauds,
link misclick frauds
Atm Card cloning
deepfake frauds

are increasing,

It is perhaps not wise to keep much money in a savings account.

Savings is the first place these frauds impact.

Perhaps 1 month expense in savings is enough.

[Vignesh Kamath @vkamath_X]

We must be aware that physical gold needs a physical place to liquidate.

Meaning some goldsmith needs to be available when one has an emergency.

Since we don't live in 1950's where there was a single goldsmith per village who would open their doors at midnight, this may not work today.

[Vignesh Kamath @vkamath_X]

I have found a Bank RD is better.

Since liquid and arbitrage funds drag down the "portfolio" returns and clients have a hard time seperating these.

Example :
Equity may generate 12%
Liquid may generate 6%

Client sees the "portfolio returns" as 9%

Changing mindset is an effort and may not always be successful.

Better to seperate debt out of the "Investment Portfolio"

[Vignesh Kamath @vkamath_X]

@paresh_pisipati Do you think
Many MFD who were previously Bankers or insurance agents,
Bring their "old Skills" to the MFD business
Have impacted the reputation for an AMFI-RMFD.

[Vignesh Kamath @vkamath_X]

@SelflessCricket You should stop gambling,
And work with a SEBI-RIA or an AMFI-RMFD.

[Vignesh Kamath @vkamath_X]

@ravihanda Those who are really capable of investing direct probably don't need a plan to be direct by "default".

Those who can't even figure out that their investments are in the regular plan probably should not Invest "Direct".

[Vignesh Kamath @vkamath_X]

@anujprajapati11 Wouldnt people take the 1 cr apartment,
sell it and then do whatever they want with that cash ?

If No,
Curious why not.

[Vignesh Kamath @vkamath_X]

@BaluGorade Many Multi-Asset mutual funds would disagree in the current year.

Diversification is just a "higher Possibility" of peace of mind,

Not a surety.

[Vignesh Kamath @vkamath_X]

@warikoo Unless it's an "Investment",

Apparently people ask less questions
and
are less skeptical ,
when higher returns are promised.

6% = normal
10% = questions
12% = more questions
25% = less questions
40% = even less questions
51% = No questions
75% = FOMO

Very curious why.

[Vignesh Kamath @vkamath_X]

@BaluGorade There are other variables involved :

Suddenly a parent might fancy a real estate and ask for money,

If one refuses it becomes emotional
If one does not refuse one could lock money when not wanting to.

[Vignesh Kamath @vkamath_X]

@ActusDei Some people often compare Brazil with India.

Perhaps
A younger India, economy wise.

What would be your opinion?

[Vignesh Kamath @vkamath_X]

@shiladitya4u Mutual funds were never meant for those who can invest by themselves.

It like a good driver
will probably never hire a driver to drive his car.

They are meant for those who can not drive (Invest)
Or
For those who don't want to drive themselves (invest)

[Vignesh Kamath @vkamath_X]

@piyush_trades Curious,
Do you think things were different 25 years ago ?
Or
35 years ago ?

Do you think equity investors or traders were respected then ?

Why were they called "Gamblers" or "Dalal" ?

And after all this , the country seems to have survived!

[Vignesh Kamath @vkamath_X]

@sumitkbehal Ideally a founder should work for 6 months
in the competition
so that they find or evaluate "Business-Founder Fit"

[Vignesh Kamath @vkamath_X]

@growth_edge_ Curious,
What difference does it make ?

Does one invest or not invest so that society will accept them ?

Does one monitor or not monitor portfolio so that society accepts them ?

[Vignesh Kamath @vkamath_X]

@divyaporwal_ On one hand
we have people who blame the government for market falls.

On the other hand
we have people who feel capital gains tax is unfair ,
because they feel the government has no role and risk in generating capital gains.

Sometimes these are the same people.

[Vignesh Kamath @vkamath_X]

@BaluGorade Air conditioner.
Washing machine.