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Gargi Jain

Cloud | DevOps | Ill... • 9m

What's the best way to explain my Dad - Mutual Funds is better option than FD and MF gives higher returns. His statement is that "it is risky and might have to bare the loss sometimes and can't remove the cash whenever required (has lock in period). FD is safe play. Mutual Fund involves share market and there is no guarantee." I tried explaining him a lot. But didn't work in my style. How would you convince such a person in this situation?

7 replies10 likes

Replies (7)

Dr Naman Babbar

updates in healthtec... • 9m

Only a middle age person who is already investing can convince, elder than you and younger than dad (personal experience) 😂

1 replies1 like

Anonymous 1

Hey I am on Medial • 9m

Show him data and research and try to convince him. But if he's too conservative no matter what you do, he will never understand.

1 replies1 like

Gururaj Bhat

Will you join my mis... • 9m

I am a mutual fund distributor and I work at grassroot level to educate traditional investors. The best thing is to explain them the inflation and how inflation is more than FD rates for education and health industry. To increase the future value of present money, one needs to invest in the instruments that gives more returns than inflation rate. If you need help, cantact me at @gururajams19 in Instagram.

0 replies1 like

Udyamee

Baki sab thik ? • 9m

Close to impossible! Keep trying till FD matures.😊

0 replies1 like

Anonymous 2

Hey I am on Medial • 9m

Lol Indian dads if they don't do stocks themselves will never get convinced.

0 replies1 like

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