ArunTheStocksGuru.com

Frustration with Financial Advisors

Disappointed and No Net gain I took 1 Year subscription by paying Rs 20000/- very recently. He generally keeps same old Scrips for too long and now and then gives new suggestions. When you analyze his recommendations; many of them have a good run up by that time and you will be entering at high price in a penny stock. Majority of such scrip’s came down heavily. he will keep you smiling by giving 2-3 stocks that give good run up. But when you see overall you gain nothing after compensating for losses in other stocks. I invested about Rs 10.00 Lakhs but my net gain is zero by losing in 5-6 stocks and gaining in 2-3 stocks. he has no exit strategy I lost additionally his fees. So I discontinued. I am happy with my MF Portfolio that never resulted in Losses for the last 6 years. All these advisors are sheer waste for common investors and only they can make money by trapping you in unnecessary and penny stocks. I am writing this only to educate people like me. Don’t do these kind of mistakes. You will gain nothing.