Retail investors are wondering what to do when markets are at all time high. One option is to book profits from equity and reinvest in other asset classes. Debt like fixed deposit or bonds is an option but returns will be low and tax will be additional component. Other asset classes are gold, NSC, pre-IPO shares, REITS, INVITS, etc. But overall, the options for reinvestment with a suitable risk-return balance in liquid financial securities, which you expect can outshine returns over the next 18-24 months, are limited. In my view if you do not need the money and provided you are invested in high quality stocks then stay put & enjoy the compounding effect. Only if you are invested in not-so-great stocks then you can consider booking profits and reinvesting the same in other high quality asset class.

#Miscellaneous#PsychologyofMoney#PersonalFinance

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