Power of Longevity in Equity
On #EquitySahiHai, tune in as Harsh Kumar, CFA, Zvest Financial Services LLP, talks about long term investment, with Vivek Law, Founder @TheMoneyMile. He says “There are technical aspects which play in the portfolio only if you’re a long term investor”. The principal of compounding becomes more powerful the longer you stay invested in any asset class. It’s the time that matters, and not just the timing. To take advantage of business cycles and make sure you’re compounding your money, you need to stay invested for a longer period. There are also instances where long term investment in a particular asset may not be beneficial, therefore, one must review their portfolio and investments on a regular basis and exit from those investments in businesses which are not sustainable. It’s best to have a financial advisor who can guide you through your investment cycle.