We are receiving too many "BITCOIN" queries about our opinion on them. In lieu of that, this is our take.
Investing in cryptocurrencies, especially in the absence of any regulation, is like playing with fire. It can be hazardous to your wealth and health.
Therefore, considering the pros and cons, investors would be better-off not participating in the bubbly cryptocurrencies. Taking a cue from the dotcom boom and bust, it appears to be the only prudent decision to make.
Sit out the rally in cryptocurrencies and invest in more conventional avenues such as mutual fund schemes.
If you are looking at portfolio of mutual fund schemes to invest, that is strategically structured based on the core and satellite approach to investing.
Your ‘core portfolio’ will consist of large-cap, multi-cap, and value style funds, while the ‘satellite portfolio’ will include funds from the mid-and-small cap category and opportunities style funds.
The core portfolio offers stability by investing in funds that promise sturdy returns and have a strong ability to manage downside risk. The satellite portfolio provides the opportunity to support the core by taking active fund calls determined by "Master Mind Financial Advisory" extensive research on mutual funds & beyond.
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Warm Regards,
Varun Vaid & Master Mind Financial Advisory Team
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