Friday, February 3, 2017

This time it's different...........There were four things that stood out in the Budget 2017.

The budget was wholly aimed at improving the infrastructure of the country, especially in infrastructure sector. The budget had many provisions addressing the rural segment of the economy.
Meanwhile, there was also driving force on entrepreneurship and rationalisation of tax structure for start-ups and new setups in the manufacturing sector.

Valuations getting better across the board, focus on themes like Focused Government reforms, Digital Money this all beneficiaries could benefit your portfolio significantly.

There were four things that stood out in the Budget 2017. 
One, focus on unsung India – rural poor & agriculture.
Two was continued focus on fiscal disciple,
Three there was focus on infrastructure spending and fourth was to bring transparency in transactions. Spending on housing and roads would help create jobs and in turn boost consumption, Only if consumption improves one will see an improvement in capex and corporate earnings. According to me, I look at it in the backdrop of global uncertainty and the fact that there has been quite a lot of difficulty in raving up domestic growth. The fiscal muscle available to the government was fairly limited. So I saw this Budget straddling the short-term and the long-term.
fourth was to bring transparency in transactions. Spending on housing and roads would help create jobs and in turn boost consumption.

Now, Lets Come back to Our Money… main topic.
So, The world of investing can be cold and hard. But if you do thorough research and keep your head on straight, your chances of long-term success are good. 

Aggressive strategy: We should look at 2-3 years horizon on Infrastructure sector adding money thru systematic investment basis. After recent demonetization effect we can expectant superior returns from banking and financial sector funds.

Moderate Strategy: We should look at 3-5 years Continue or add money to our existing funds like diversified equity Funds.

Conservative Strategy: Stick to Balanced Fund category with minimum time frame of 3 Years.

I strongly feel adding regular and disciplined investment in equity Mutual Funds will make good Long Term Wealth.

Just Reminded me quote by Sir John Templeton.

"The four most dangerous words in investing are: 'this time it's different.'

Follow market trends and history. Don't speculate that this particular time will be any different. For example, a major key to investing in a particular stock or bond fund is its performance over five years. Nothing shorter.


Please feel free to call me for more detailed discussion.


Regards,
 
Ritesh.Sheth CWM®
CHARTERED WEALTH MANAGER

              Helping you invest better...  

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