You don't need to be market expert to read the trend.Why do you want to wait for RBI to declare inflation rate and trend and then take a call on investing accordingly?
One just needs to be aware enough on-
A- is your own spending in new list of items adding or increasing (variable/unknown like vacations, repairs, irregular purchases of clothes/accessories/household items etc.)?
B- is your outflow on regular fixed spending increasing (known like milk, electricity, society maintainance, school fees, cable, internet, vegetables/grains/pulses,travel expenses etc)
C- while talking to near and dear ones are there such spending also increasing? (colleagues, friends, relatives, society members etc)
If your own responses to all the above 3 are 'YES' , the the inflation is already moving up and RBI will take 1 to 3 months to report the same.
This YES will also give indication that the banking interest rates will also start moving up in 3 to 6 months.
Keep it simple.
No need to be expert in reading markets and market technicals.
Happy Investing.
Happy Life Journey travel.....
#inflation #financialfreedom #financialplanning #couplesgoals #travelgoals #lifegoals
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