News - 'XYZ' delivered 30% CAGR returns since Jan, 2015 (7 years)
Truth - 'Anything that is compared during it's peak or in bull market will always lift the average up and it never stays up, infact upside only comes after a bad phase'
Action or how to apply this-
Always see 'downside' and downside period & then upside and upside period and check the range , plus check how it has done in down time and uptime and then what is current time ? (uptime or downtime) AND then see if matches your risk profile, your liquidity needs and beats your inflation.
Everything else, then would follow and then decision and action time.
Keep it simple.
What say ?
Kirtan A Shah
CA Yogesh Awasthi 🇮🇳
#financialplanning #financialfreedom #investingforbeginners #financialplanner #couplesgoals