What clicks in an investment - skill or luck?
What clicks in an investment - skill or luck? is a question that many people ask the experts in finance and investment sector. There is no simple answer to this question because whatever investment one does especially in the market like equity, bonds, mutual fund, company deposits etc, there are so many factors which affect it that we are not sure of the final result about the investment whether there would be handsome gain or in extreme cases even the principal amount may deteriorate in value. That is the reason why many people keep their money in Govt banks or post office getting low risk low return.Even the most skilled people in the game of investment in market find themselves trapped in crisis where the chances of losing money seem to be more than making it.
What is your experience in this regard? Do you think that investment is a game of skill or there is some luck factor also associated with it? Please share your views.