Getting ready for a good opportunity

Equity markets are volatile. There should not be any doubt about that. It is the volatility which enables us to make better returns over a long period of time.

Now with the nifty almost 10% lower than its highs in dec jan 2017, it is now getting to be the right time to put more money to work.

The fall is because of many reasons.. the introduction of LTCG ( Mr finance minister , where is the money now that you were expecting from LTCG to help in the coffers?) , the trade wars that the US has started with rest of the world and of course the great pnb scam which has dropped the bank nifty like hot coal.

But it is such events that make good opportunity to make an investment.. as long as it is a long term investment. Of course the existing investments have depreciated in value and it hurts looking at the screen.. but over a period of time this would be time when investments when they get the biggest bang for the buck.

So, a few pearls of wisdom

Dont stop your SIPs. See if you can increase it

Look for a lumpsum investment now ... only for things that you can afford to be able to wait for long term.

Be patient. Dont get frightened

Riding the volatility without being frightened.. thats #simplefinancialsense