Booking Profit From Funds: Now or When?
Tapping the Golden Opportunities
Booking profits requires just a click, yet, accumulating a sound investment corpus takes time. Therefore, rushing into booking profits without reconsidering the decision might harm the patiently amassed corpus. The report suggests the right way of going about it
If you are a long-term investor who has commenced the investment journey early, chances are that you have experienced both market upswings and downturns. You would have persevered during tough times, potentially doubling your investment when valuations were favourable during market downturns. Perhaps now, you might be sensing that the market could undergo a significant downturn, considering it’s currently trading at all-time highs. Such a fall may potentially erode the profits on your investments.