When we see something unfamiliar we tend to stay away from it.
There was a time when computers were unfamiliar.
There was a time when One Day cricket was unfamiliar, later T-20 cricket was unfamiliar and Pro-Kabaddi was unfamiliar.
That which was unfamiliar, today has become mainstream.
The person who would have chosen to stay away from the unfamiliar, would have become extinct.
Likewise, for many people today mutual funds, SIP, Equity are all unfamiar whereas FD, Gold and real estate are all familiar.
So these people tend to gravitate towards the familiar and keep at bay the unfamiliar.
Can you even imagine how one would survive in today’s world without basic computer knowledge.
This will be the case with those who stay away from equity investing.
The only difference being, one can learn computers at any age but in Investing, if time passes by so does the opportunity.
If one does not understand this unfamiliar asset class, then talk to a Financial Advisor to get yourself educated.
Kaustubh Deole
Artharthi 