I was shocked to see this 3 Dividends a day articles on Economic Times . I would consider this to be irresponsible financial journalism on part of a high calibre financial newspaper like Economic Times .
This article tries to portray as a hero, a senior citizen who has invested in more than a thousand different Mutual Funds scheme and has chosen Dividend Payout option for all those schemes and hence receives 3 dividends a day each month
The point is , in their exuberance to fill pages , the news paper did not deemed it necessary to explain to its readers that a MF dividends is a farce that MFs try to pull on the investors .
All that i can say about the investment strategy employed by the gentleman in the article is, it is a bomb waiting to explode
Image : FreeDigitalPhotos.net,Photographer: graur razvan ionut
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