Just answer these questions to yourself and your strategy would be ready:-
1. Are you getting scared because your portfolio is doing well and has good profits? If yes, then please reconsider why you are into equity at all.
2. Would you feel very bad if you don't book profits now and markets go down? If so, how many times in the past have markets gone down and never come up in the past? How does it matter to you as a long-term investor if you have invested in the right MFs or stocks and have to wait a bit for it to come up?
3. How many people do you know who have been able to time the entry and exit off markets perfectly in a consistent manner? I don't know of ANYBODY at all like that, including myself in spite of having 39 years of stock market investing experience. Would you lose more in the hope of being able to do this timing, including incurring taxes, vis-à-vis just buying right and sitting tight?
If you want to make profit in 1 hour in morning than you can not afford to miss our bank nifty option tips on a daily basis which requires a small capital of 10k to get started.
4. Have you heard about the power of compounding? Please read up on how it works. Would you disturb the compounding process if you keep flipping in and out of your investments?
5. Lastly, if the markets do go down, is it not a good opportunity to buy more? Do you buy things in the malls when prices are high (markets up) or do you buy when discount sales are on (markets down)?
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
