Key Points
To navigate this ever-changing performance, we need more than just a script..
If you start early, you will learn to understand, monitor, and deal with risks well.. Align your investments with specific life goals or objectives like retirement, a home, holidays, or education..
Also, stocks or MF schemes that have risen quite sharply and outperformed peers over the last few quarters may be looked at closely to lighten positions so that one does not suffer from mean reversion in their prices/NAVs..
This will help to weed out consistent non/underperformers, enable fresh inclusion, and optimize/rebalance portfolios to enhance overall returns and minimize risks...
Adhering to this advice over time could improve ones overall experience in investing whether on the returns or the risk fronts...
