Markets' all-time high. What Should I do?

Markets' all-time high. What Should I do?

Markets are at all-time highs. Many investors are thinking...

- Should I book profits?

- Should I stop my SIPs?

If you have this concern, let me answer this.

Nobody can predict markets. They trade above fair value or below fair value and stay there much longer than you can anticipate. If we try to time the markets, chances are we will make a few wrong predictions over the course of the next 10-20 years. One mistake can cut your total returns by a lot. I STRONGLY SUGGEST NOT TO TIME THE MARKET.

However, if you think you need funds in the next 1-2 years, it is a good time now to book profits.

Regarding SIPs, they should continue for as long as possible, irrespective of market highs and lows. It silently does it work. You have seen it work in the past. The future will be no different. In fact, I would suggest you consider increasing your SIPs.

Stay Invested. Have patience. Your Money works for you.