Long term investor
Bull or Bear– What you really need to care for?
For most of the long term investors, soon after investing neither the bull market beneficial nor the bear market detrimental. The bull market does provide the initial spike in benefit, but it is not sustainable. The spike might be followed by the bear market or market might be stagnant which results proportionate reduction in the real yield. While a reverse is true for the bear market. In the bear market asset price goes down during the accumulation period and rises in the long-term.
So an investor should be always concerned about the long-term economic situation of India rather than mechanical process of buying and selling of the stocks. According to me long-term economic situation of India will be much stable and rational compared to the current situation. Hence it is better to follow the important investment advice given by John C Bogle which is “Stay the course”.
“Save, Invest, Spend and Be Happy”
