"Invest when others are fearful and sell when the rest are greedy” , sounds good to hear and say , and when it comes to implementation, one find comfort in the herd - A perfect receipe for you know what… disaster.
It is said “ You are condemned to repeat history” . What happened in May’2009 , the encore happened in Jan’2012. The swiftness with which the monies were poured into the Equity Markets across the globe, left the majority stupefied.
b) Risk Profile
c) Asset Allocation
d) Liquidity
It is said “ You are condemned to repeat history” . What happened in May’2009 , the encore happened in Jan’2012. The swiftness with which the monies were poured into the Equity Markets across the globe, left the majority stupefied.
So the Maxim “ It is not ‘ timing ‘, but ‘time-in’ the market, that ensures your wealth generation and creation.
So what we were saying in the last few months , holds true even today and will repeat once again……
The steps being:
a) Time Horizon ( with a goal)b) Risk Profile
c) Asset Allocation
d) Liquidity
This simple mantra coupled with control to filter the media noise , will help you to generate wealth.
At the end of the day, it's your EQ ( Emotional Quotient), not your IQ ( Intelligent Quotient) which will help determine your growth.
Happy Investing. And try to embrace your new friend ( acquaintance for a few) – Volatility.
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