Don't make my same mistakes if you want to retire rich!

Hello Coldplay India fans,

Most of the audience of this newsletter falls in the age range- 18-25 which is the right time for starting financial investment journey.

When I first started investing- I followed multiple finance influencers from Youtube and Instagram (you know them too!) and chose only top and best performing funds. I had around 10 mutual funds!

I didn’t know what I actually owned - and many funds were holding the same stocks. What does this mean? Due to fund overlaps, my returns were not that great (barely making 7-8%)!

After a year or so- I learnt something powerful:

You don’t need 10 different mutual funds to grow your wealth.
You just need 3 - if they cover different parts of the market.

This is the strategy I recommend for beginners and steady investors.

You should read this post, if

[1] You invest in mutual funds or planning to invest in mutual funds

[2] Your portfolio is a mess or portfolio is not giving anticipated returns

[3] You spend too much time on selecting the mutual funds

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Happy investing!