I receive one common query about the stock market every week from many readers - “When is the Sensex likely to touch 21000 Level?”
Well, honestly speaking, I don’t have answer of this question. In fact, Nobody (Except The Stock Market Astrologers…!!!) in this world including the great investor Warren Buffet can predict the future level of the stock indices.
But I want to ask you a question. Why do you want to know the answer of such type of questions which don’t have any impact on your long term Investments? Weather the Sensex will be 21000 or 2000 next year, it will have no impact on your Long time horizon Investments of more than 10 years.
Remember, It’s not about timing the market but its time in the market.
The Longer you hold any Asset, the Compound Interest work more in favour of you and your Asset will appreciate more. This applies to any Asset such as stocks, bonds, gold, Real Estate, Web properties & Art.
So rather than searching for the next level of the Sensex, start investing in the stock market now. Start regular SIP in some good equity diversified mutual fund. And stay invested for longer time horizon means more than 10 years.
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