“Markets look expensive. I’ll start investing once the markets correct.”
“Let the 2019 election results be announced, then I’ll take a call”
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves”.
Peter Lynch
If you had invested 10k in 1990 and stayed invested, you would have earned compounded annual returns of 13.56%, 10k would be equivalent to 3.17 lakhs. The return drops drastically if you missed the 10, 20, 30 and 40 best days.
Mutual funds can help you fulfil your your long term financial aspirations, provided you are willing to stay the course and not sell in panic during market downturns.
