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Stupid Government does not understand the LEVEL OF RISK investors take when the invest in Equity and Mutual funds.
They will deduct 10% of tax on profit.
Right now, when we are at loss, They should pay us 10% of the loss if we redeem, may be. LOL :D
Smile guys. This too shall pass ;)
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The speed with which the market has collapsed, It surely is going to take months to recover.
If it's so unpredictable, then why do people depend on it for their old age. Even Top portfolios of 32 Lakhs who have been into this since 2007, have just one lakh profit on invested value.
How much time does the market takes to recover generally? Some experienced investors please enlighten us.
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