Markets are crossing life highs every day. Whether you have invested in it or thinking about it, everyone has questions. Let’s take a look at how the market has performed and what it means to us as investors.
So how is the market performing?? Well it depends. The Indian stock market has been on a roll in 2017.
On May 10, the NIFTY50 reached all time high and crossed 9400, giving 13.8% return YTD....
However, the past 2 years have been tough for the Indian stock markets. Nifty50 closed 2016 with gains of about 3% while it lost 4% in 2015.
Lets see Nifty's historical chart showing annual returns since inception.
What does it mean for you? For long term investors, years of low returns only comes with lots of opportunities. Demonetisation was one such opportunity. Instead of panicking and running away, we at Banconus, actually invested more during the crisis and it has come to pay richly for our clients.
It is not about timing the market, it is not about reacting or preparing for events but it is about being consistent. We had many “interesting" events in the past year - Brexit, Demonetisation, GST, New leaders in USA & France, falling interest rates and for sure we are going to have many more such events in the future.
Warren Buffet once said "Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”
Reach out to us to help us enable your future plans.