Loving how 2024 is looking actually. Getting rid of my cash position and all in on equity. Plus, locking in the good interest rates FDs. Not seeing lucrative returns on FDs till the next quantitative tightening now.
Godspeed! Time to make some 💰
Would love to know ur investment strategy for 2024 given that markets are at an ATH Are u planning on investing in any specific sector? Small/mid cap? Or nifty?
The plan is always simple.
For investment:
For trading:
Will consider getting into US equities in 2024 now since MOTNAS ETF has an insane tracking error while PPFAS ops are under regulatory ambit.
I feel fed rate cuts are still 2-3 quaters away. Despite of that expecting Indian equities to the moon due to internal reasons and election enviornment.
Let’s see how it goes now. Equities are at a rich valuation now
IMHO, 2024 would be exciting if not for the world but for financial markets. (US + India) general elections giving me confidence that politicians will do everything do protect the downside. Sitting on some cash to try my luck in bHNI-IPOs, hoping to use the same to buy some dips along the way.
Let's go. 🚀
