Friends -First the disclosures - I am writing these posts to share my investing ideas and where I am investing my money. I am not recommending that you do what I am doing.
Second disclosure – this is a long post – so be aware before you start reading.
My last post advised you to get out of the stock markets as soon as possible. Till that post, for the past few years, I have been urging everyone get into stock markets through equity MF’s and direct equities. My past week’s actions have come from my belief that at volatile times like these, we need to be actively managing our assets. All I am doing is basically selling assets that are going down (equity) and buying assets that are going up.
In the past few years, stock markets have done well and all of us made money. However, since early 2015, the markets have not performed - Sensex is minus 21% in the past 12 months. After watching and analyzing the markets for one year, I have turned bearish. I