Many investors are scared of stock markets. They believe that it is nothing but a betting den, where some individuals get rich overnight and some lose their shirt. That is why it is very difficult to convince them to bet on stocks via equity mutual funds. This could be a costly mistake because regular individuals need the help of stocks to create wealth over a long period to fund their long-term financial goals.
India will be superpower by 2047, but not high-income economy: Martin Wolf
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