The market has hit 20k once again, the first time since January 2008. Those who missed the bus this time can still invest in mutual funds and book some profits.
The question in the minds of most investors today is: Is this the right time to invest in mutual funds? And my answer to them is a resounding “Yes”.
The answer is simple and there are many reasons to it. It is always the right time to invest as long as you know why you are investing, what you wish to achieve with each of your investments in definite terms and based on that do you have the right investment strategy.
Mutual funds help you allocate your investments across stock markets, bonds, commodities like gold and also real estate. In a way that provides you with an optimal combination of liquidity, safety and returns. Think hard—what does one expect from any investment that one makes? Anything and everything you can think of will be a manifestation of either your need for liquidity, safety or for higher post tax returns.
(ET)
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