Wise Men say only fools rush in but I cant help falling in love with you (equity markets) Shall I stay (as long ter investor) would it be a sin if I can't help falling in love with you...(equity markets) Like a river flows, surely to the sea Darlin so it goes (my money), somethings are meant to be..(in the drain) Take my hand, take my whole life too...(no seriously) for I can't help fallin in love with you...--sincere apology to Elvis Presley
For those who have seen only a bull run of last 4-5 years, current levels are very exciting. But for those who are investing for long what’s happening is anything but good news.
Just go back and read the first posting on this bog. I had advised against averaging and also requested to be lazy in your call. Those who believed it have saved money if not made money.
If there was an award ceremony to honor best one liner for equity markets it would probably have the following......................
"I am investing in the market as it has corrected more than it should and that too in short time"
"It’s a value buying at current levels"
"I think a technical bounce back is possible"
And the (overrated) statement of the decade award goes to..............
"I am buying at current levels as I am a Long term investor”
So what to do then.........
Did someone say penny for your thought?
Ok here is what I was thinking about--
Why do I invest in the market?
- To kill time
- To lose money
- Can't say.
So now I know what needs to be done and I get a penny from you, right? Just kidding.
PS - "Courage is the complement of fear. A man who is fearless cannot be courageous. (He is also a fool.)"
Disclaimer: I am not your investment advisor. I write because I enjoy writing. Free advice is more often than not is useless. Please consult your advisor before taking any call.
