Mother of all bull runs coming up in 2024?
Dear Investor, With investments, as with life, regret is the one of the most painful emotions to digest and live with. Lets look back at the worst market crashes of our time: The Great Recession of 2008. The Sensex went into a free fall from circa 21,000 levels to about 7000 levels within a matter of months. Immediately next year in 2009, the Sensex was back at around 20,000 levels aided by massive financial stimuli provided globally as well as domestically. For an investor who invested and lost capital in the 2008 crash, the real regret was not losing capital but not having averaged out his investments when the markets gave him the opportunity to do so. Similar regrets have been faced by investors in every market crash, including the 2020 crash driven by the Covid uncertainties. Unlike life, markets do give us a second chance, a third and a fourth one as well. Unfortunately, most fail to grab these chances and continue down the path of mediocre to negative returns. They end up blaming...