Don’t
change your route of vehicle as per the market conditions
It is
difficult to predict how a market crisis will play out.
We as
investors should concentrate on our goals, responsibilities and dreams, rather
than watching
upward & downward trends of market.
Like,
while travelling whenever there is rough road, we slow down, watch carefully
and then drive
slowly and steadily by changing gears accordingly.
But
just because of some patch of rough road we neither change our destination nor
our route
or our plan.
Same
thing should be applied with investing.
We
should keep in mind the golden rule that, investing is the process which must
have a goal, time horizon and proper asset allocation.
Our
investments should be based on this concept and not on market behaviour .
In
market, there are two parameters used for study - fundamental & technical
analysis.
For
short term technical analysis matters, but for long run fundamental study
matters a lot.
And
we believe that India’s fundamentals are very strong.
- Our fiscal deficit is under control
- Current account balance is under control
- Inflation is under control
- Economy is growing at the rate of 7%
Thus,
India’s economic future seems brighter among all other emerging markets.
Wishing
you all Happy Investing!!!
Its a very nice article and you are coming up with some good stats. Happy Investing
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