So many people have asked me this question, in so many conditions, that I really do not know what to say!
I have replied to this in many ways, so let me try one more. The simple answer is NO. However like most human beings you may want a more complex answer, right?
There is no clear trend of how the markets have moved even in the past 4-5 months! Going up and down seems to be the market’s decided behavior. To think you will know when it will go up or stop going down, is being naive or foolish. There is enough historic proof that to earn money you need to spend enough time in the market.
So if you do not need the money for 5-10 years, it should be in the equity market.
If it is money with which you are paying your EMI, it is better left in the savings bank account!
Post Footer automatically generated by Add Post Footer Plugin for wordpress.