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Booked profits and sitting on cash? Not a great strategy for this market

Booked profits and sitting on cash? Not a great strategy for this market
Booked profits and sitting on cash? Not a great strategy for this market

Synopsis

Booked profits and sitting on cash, waiting for the right entry point? Well, that might not be the smartest strategy, given the difficulty in timing the markets.

Booked profits and sitting on cash, waiting for the right entry point? Well, that might not be the smartest strategy, given the difficulty in timing the markets.Financial planners also believe that having no exposure to equities could dent wealth-building. Hence, they suggest allocating half the money through balanced advantage funds and the balance could be staggered over a 6-12 month period into a mix of multicap/flexicap and value
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