17th June, 22 #sensex made low of 50,921 and today's top is 60,257, clean about 9000 points one side rally in just 2 months. (today 17th August, 22)
May, 22 #rbi increased repo rates and today it seems we are pretty much near the top of repo rate hike (most likely, unless circumstances and data say otherwise).
Strategy application ?-
Equity Market levels seems to be at fair or just above fair levels, and
1- staggering investments,
2- wait for opportunity or
3- taking some startegic exposure to debt
would be a good strategy if you are looking to invest for 3 and more years horizon.
Always have a suitable #assetallocation in place and 'don't just follow my words', as this is general and your situation could be different.
#mutualfund #investingforbeginners #financialfreedom #wealthcreation #financialplanning #financialplanner #nifty #personalfinance
image screenshot - moneycontrol.com