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It is very difficult to predict the market. We should predict and track the corporate earning growth instead of unpredictable market movements. Further , by taking advantage of market volatility , if we can deliver the returns somewhere near to corporate earning growth , I think , we have done our job.
Trying to predict the market is a foolish game. A very important piece of advise was given to all IFAs by Mr.Vikram Oak of Nashik ("Is Paar Ya Us Paar"). We and the AMCs must take it VERY Seriously. We must become Serious Wealth Creators by planning for LONG TERM, above 10 years.I would urge all IFAs to read the article and act accordingly.Also do read article in Economic Times on Morgan Stanely Fiasco - How Morgan Stanely DESTROYED Investor wealth in last 15 years !!
Definitely Equity surely do well in 2014, but due to politically uncertain will give you opportunity to enter in equity. Every dip in market will be last opportunity for current year.