Well, the sensex is hitting new highs and my prediction that the markets will come down after budget has been proven wrong ! Or is there any merit in my suggesting that the markets will correct in near term. I still believe that from now till July the market will see decline in its level.
If you are a long term investor and u should always be one if u are investing in stocks, u can spread your purchases over next few months.
Regarding the basics which I had mentioned in the previous blog, I provide a link for information regarding asset allocation.
http://economictimes.indiatimes.com/articleshow/1420680.cms
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