For building a robust portfolio, one should know where they stand Market cycles always give investors a challenge, provided that, their ups and downs are unavoidable, they are unpredictable with the timing and they will influence our performance as an investors.
Markets are like a pendulum, they rise to one extent, just to fall from the extreme, and as you know, the fall from the extreme is very fast and then goes to the other extreme. It hardly stays in the “happy medium,” the midpoint. We can never predict future with full accuracy, but what we can do is learn whatever you can in the present and the past and you could get valuable insights to the future. Take into consideration the market's temperature.
We can easily check on the behaviour of others around us and we can get to know what should be done. The past week had a lot of recovery which was because of improving outlook on the virus, stimulus plans, and the OPEC meeting. But as the tensions are still not over, the future seems pessimistic from what the current scenario is.
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