Keep it simple.... #investing #profit #mutualfunds #personalfinance
Time to book profit? This is one common question we hear when the equity market crosses an all-time high figure. (Investing Simplified - Part 9) Ponder upon the below questions and you will get the answer to whether to book profit or not. 1. Do you need funds in the next 6-12 months? 2. Are you uncomfortable with your current equity exposure, i.e. equity investment in percentage terms of your total financial assets? 3. Does data suggests that market valuations are expensive? If the answer to any one of the above questions is yes then you may consider booking profits. And if you can’t answer any of them then take the help of an expert to figure out the answers and that is what we do in other aspects of our life. Keep it simple... Happy Investing !! #finvoyage #wealthcreation #equity #personalfinance #investing #mutualfunds #financialplanning