Can you imagine the plight of those who sold their portfolios on the news of Russia Ukraine War last year? They’re missing on one of the best gains stock market could offer.
Worst, those who sold out completely during Covid. They missed one of best lifetime opportunity & the great rally into stock market.
In fact, those who stayed invested & bought even more during these downturns are the ones enjoying the current sweet times when market is about to hit 20,000 on Nifty.
Staying invested always helps.
Timing the market is a futile exercise.
Only 2 people can time the market correctly, everytime:
1. God
2. Liar
We cannot time the market, hence we stay invested. We buy more when markets falls & enjoy the way up once it recovers.
It’s one of those simple strategies.
Enjoy the bear markets by picking up stocks at cheaper valuations.
Enjoy the bull markets by watching your portfolio rise.
I literally have no idea why people complicate investing by doing over smart maneuvers.