Wondering what's happening to the sensex after the blood bath that has been happening for the past couple of days!!!
These Volatility should'nt really affect a long term investor. In an article in TOI , there was an excellent comparsion between two investors.
1. Both the investors were in the market from 1980 to Dec 2005, Investing 10,000 every year.
These Volatility should'nt really affect a long term investor. In an article in TOI , there was an excellent comparsion between two investors.
1. Both the investors were in the market from 1980 to Dec 2005, Investing 10,000 every year.
2. A always invested when market was at its low (year low), B on the contrary did invest in highs alone (Year high)
3. The difference in ROI was just 2% between them. (per annum return , 16%- B and 18%-A)
It was interesting to note this... Because " In God we trust , Others Need DATA"..So it was a proof with data for the fact that " Time in the market is more important than timing the market".
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