Exit Strategies For Your Funds | The Money Show
3When it comes to investing, it is always a good time to start provided you have a set timeframe to invest. A rising stock market also tends to encourage investors to stay invested to make the most handsome gains from their investments. Most of us tend to be impulsive with our investment decisions and tend to stay invested and increase investments when the markets rise and stop investing or exit investments the moment the markets start to fall. It thus becomes vital to know when to exit and also have a clear exit plan in place. An exit plan is one that should be structured in a way that helps you reach your financial goals when you eventually stop investing. There are situations when investors may feel the need to exit their investments without really thinking about the outcome of such moves. On The Money Show, we decoded this with Shilpa Bhaskar Gole, Founder, NerdyBird Financial Wellness. Listen in.
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