Very few areas in life rewards you doing nothing, Investing is one such..........
• Nature of Equity is volatility. It will go up and down. It creates opportunities for smart investors to make money wealth in long term.
• It all started on 26th March 2020. Sensex 26,000 (covid bottom) to 86,000 (26th September 2024), Equity market rallied more than 300% in less than 5 years. So now equity markets are taking breather.
• Those who invested in covid crisis (2020), ILFS crises (2018, currency and BoP crisis (2013), GFC (2008) made money so always remember, one should invest aggressively when there’s blood on the street.
Bottomline is – When everybody is fearful, you should buy.
---- Important Action or checklist
• One should check your Asset Allocation 100% Equity or 100% Real estate or 100% fixed income are not advisable.
- Need to maintain Balance
- Follow proper Asset Allocation
- Know your Asset Allocation
• Don’t track your portfolio on daily basis. Monthly or quarterly basis is fine.
Other wise you will end up taking wrong decisions in panic.
In covid few people exited at the bottom and missed the rally.
• Market predictions is difficult so don’t waste your time in timing the market.
- Focus on Time in the Market.
* Consolidate your investments under the one roof.
Don’t keep multiple Demats as well as multiple Mutual Fund focios with different distributors.
Try to consolidate your shares and MFs under one roof. It’s good for review and future transactions as well.
* If there’s any question its important to talk to your advisor.
Experience advisor can add value to your portfolio and wealth creation journey.
* Corrections is the best time to Add your Sip or to do lumpsum investments .
A blog from Santosh G Akerkar. For Educational and Awareness purposes.
Best Regards,
Santosh Akerkar
