Guys,
I invested 1 crore in Stock market. Ashwani Gujral is managing my funds.
After reading his books and his Resume , i decided to go with him.
His web site promises lots of things and the result shown on the front page are impressive. But belive me, the website shows totally diffrent figures from actual transactions in my account.
It has been one year now , I am down by 30 lacs.
Any way, its not about him, its about me. He has his disclaimer to protect him. I found myself completely stupid and hopless about situation.
Now, what should I do, how should I recover my losses, should I continue with him till breakeven or should I just exit.
I know you are absolutly upset with me , I can take any kind of answer in any kind of langauge , as I deserve it.
Thanks
I invested 1 crore in Stock market. Ashwani Gujral is managing my funds.
After reading his books and his Resume , i decided to go with him.
His web site promises lots of things and the result shown on the front page are impressive. But belive me, the website shows totally diffrent figures from actual transactions in my account.
It has been one year now , I am down by 30 lacs.
Any way, its not about him, its about me. He has his disclaimer to protect him. I found myself completely stupid and hopless about situation.
Now, what should I do, how should I recover my losses, should I continue with him till breakeven or should I just exit.
I know you are absolutly upset with me , I can take any kind of answer in any kind of langauge , as I deserve it.
Thanks
I would rather sympathize with then be upset.
Personally, I can feel what you might be going through. Since, I have similar kind of experience with Mutual Funds.
I had around 100K, (its a very very big amount for me) which was invested in different MFs based on their past performance. Even after the market recovered by capital was down by 50%. That was around 4 months ago.
I have started trading almost 2 years back. I took out all my money with whatever loss I have and deposited half of it in FD's and remaining I have used it in my trading. By God's Grace, I might be in breakeven, in next six months time.
I would suggest, you learn yourself some investing technique. It could be anything, that may suit your personality and risk appetite. Diversify your portfolio, so that it minimizes the risk.
At the end, its your money and you are the best money manager for your money.
All the best.:thumb: