Set clear investing goals!
It is important to set clear goals before investing. Depending on your WHY you may have set target goals like higher education, early retirement, buying a house etc. If this goal is achieved then yes, it is time to book profit. It is important to not get greedy and try to seek a higher target just because of the market situation. If this goal is not achieved and you still have time, then either remain invested or if you are nearing your target then you can also shift from equity to short-term debt.
#PersonalFinance#Miscellaneous#PsychologyofMoney
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