InvestorQ : Any mutual funds good investment for 2040?
Shreya Mashelkar made post

Any mutual funds good investment for 2040?

Answer
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8 months ago
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How will investment gurus on social media earn if someone could predict this? Jokes apart, there is no shortcut to the groundwork you have to do while choosing a mutual fund. Anyone who tells you they know the answer is either a fraud or is extremely foolish. There are so many filters one has to apply to find a mutual fund that is in sync with their financial goal. Sometimes, the same mutual fund will have different functions within the portfolio of two different people.

The best thing to do is to find a mutual fund that will help accomplish your financial goals and stick to it for the duration of the goal. Keep reviewing your funds at regular intervals (quarterly or yearly). In case they are inconsistent or tend to stray away from fundamentals for a long duration, reallocate those resources to a better fund.
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