According to PMS fund manager Ravi Dharamshi, the possibility of a dip or correction must not deter investors from putting money in stocks. He says there remain opportunities in the market if you have longer enough time horizon.
I find people’s minds closed to the possibility of a sustained bull market. No one can rule out a dip/correction. B… https://t.co/ROn31UMW2e
— Ravi Dharamshi (@ravidharamshi77) 1596187861000
Market veteran and PMS fund manager Basant Maheshwari adds on to the reasons for investing in the market now. He says anyone who avoids the worst phase of the market also misses the biggest opportunity.
At the same time, he warns there is some pain in store. “Better to keep money in bank FDs rather than buying truckloads of defensives. Sooner or later, the pandemic will go away and that’s when your pandemic-proof portfolio will hurt the most,” he tweeted.
Anyone who avoids the worst phase of the market also misses the best. Better to keep money in bank FDs rather than… https://t.co/w3pyojHfQt
— Basant Maheshwari (@BMTheEquityDesk) 1595725935000
Value investor Abhishek Basumallick has an important tip. He says the main ingredient for investment success is patience.
One of the most important ingredients for investment success is patience. In today’s age of instant gratification… https://t.co/CU0Sz1qYzO
— Abhishek Basumallick (@a_basumallick) 1595994641000
Market veteran Shankar Sharma believes what makes a great investor is the ability to weather all types of conditions and still stay strong. He draws an analogy from the game of cricket to further explain his point.
My definition of a great cricketer: Excels in all formats.All conditions.All opposition.All countries. Most situati… https://t.co/vFoXFPvsIB
— Shankar Sharma (@1shankarsharma) 1595742796000
Sharma, however, says he respects traders over investors in the market, since trading success requires true skill, unlike investing.
The ONLY category of Financial Markets participants I truly respect are Traders, who have succeeded over years & de… https://t.co/7Z7dMfWUNQ
— Shankar Sharma (@1shankarsharma) 1596097044000
On a different note, independent market expert Sandip Sabharwal says he does not expect the Reserve Bank of India to cut rates next week, and believes banks with percentage of loans under moratorium at 15-20% will be in for trouble after August.
There is no case for #RBI #MPC to cut rates next weekBanks have hardly passed on the previous cuts to borrowers w… https://t.co/7kmNXfcsg3
— sandip sabharwal (@sandipsabharwal) 1596174703000
Any Bank or NBFC which has a 15-20% Moratorium book is at a huge risk post August, more so Banks with low CASA and… https://t.co/251TCSpcs9
— sandip sabharwal (@sandipsabharwal) 1596001182000