The recent market fall has made me think that should we really invest in mutual funds by sip or whatever way. I am long mutual fund investor and so I know patience, longterm, continue your sip and blah blah stuff already. My concern is different. what happened to franklin templeton debt fund day before yesterday or whatever gains recent equity markets have wiped out have made me think this. What if “this was the year” where I wanted my long term mutual funds investment to be booked So that I could fund my son’s education or my daughters wedding this year. Or what if this was about the right for booking profits since I was about to retire.
I am not just thinking of corona here. It could any future event like a financial crash or anything that could take years to recover. It takes just 2 weeks to wipe out gains from a 5 10 year old sip. Diversification and blah blah is ok. But still is it worth taking a risk for future with mutual funds? I am referring to blue chip large cap funds only.
I am not just thinking of corona here. It could any future event like a financial crash or anything that could take years to recover. It takes just 2 weeks to wipe out gains from a 5 10 year old sip. Diversification and blah blah is ok. But still is it worth taking a risk for future with mutual funds? I am referring to blue chip large cap funds only.