Let me start with my own start with equity and why I have most of my investments in Equity and have a full financial freedom, choice to stop working any day and a good corpus for my family. It was2001 and I was blessed with a boy. Grandfather gifted a good amount to him. I invested half in RBI bonds and half in Indian Equity. Post 7 years. 10 lacs with RBI Bonds accumulated to 15 lacs , while equity fund made it to 70 lacs( thanks to that bull run of 2004). It wast that day and I have not invested a penny in fixed deposit. It has been equity all the way. I always stay invested, continue with my sip, add more to corrections, increase SIp when corrections are major and show patience when markets consolidate and goes through time correction Many Investors who have made good gains in Indian Equity are thinking of booking profits and may be trying to re enter on corrections or investing in other asset class. Wealth is created by staying invested and enjoying the power of co...
Chartered Accountant. Company Secretary. Specialization in Portfolio Management