Time in the market beats timing the market. Even the world’s greatest investor Warren Buffet has stated that trying to time the market is a fool’s errand.
Why? Well, it’s because equity and gold fluctuate significantly in the short term, making them impossible to predict. So while you are trying to play catch up with the market, you are losing out on possible returns.
Here are the 3 golden rules you should know before investing;
• Identify your risk tolerance and invest accordingly.
• Be goal-oriented and pick investments accordingly.
• Do an asset allocation between equity, debt, and gold.
However, the average investor often has no time to do this for themselves.
This is where ET money comes in; they do all of this for you while also sending you monthly alerts on the rebalancing required on your portfolio between all your assets.