Mutual Fund investors... "Tolerate the volatility" — Peter Lynch | Market Gurus Ep 15
This is episode 15 of Market Gurus Series in Telugu : Peter Lynch advises to not invest in mutual funds with a short term expectation.
He emphasises long term investing will guarantee returns.
"Even in an equity fund that fails to beat the market average the long-term results are likely to be satisfying. The short-term results are less predictable, which is why you shouldn’t buy equity mutual funds unless you know you can leave the money there for several years and tolerate the ups and downs."
— Peter Lynch
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