Should I book my mutual funds and stocks profits now when sensex is high ?

POSTED BY jvenkatkrish ON April 2, 2014 8:31 am COMMENTS (3)

Hello All,

With sensex @ 22466 i get to see my Stocks and MF making money, wanted to check if booking the profits now is the best thing to do even though i dont have any goals to achieve as of now.

3 replies on this article “Should I book my mutual funds and stocks profits now when sensex is high ?”

  1. ashalanshu says:

    Dear Venkat, if you think that you can spot the peak and bottom clearly, please book your profits.

    Thanks

    Ashal

  2. jvenkatkrish says:

    My Goals are good 15 Years from now.. and the investment is made with goal in mind. As the Sensex is soaring high would it not make sense to book profits and invest in Stocks again when they are cheap.

  3. ashalanshu says:

    Dear Jvenkat, if the idea was to redeem at sensex level of 22500, you should redeem. 🙂

    Did you invest originally with a sensex level in mind or for any future financial goal?

    Thanks

    Ashal

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