ACCUMULATE & BIDE TIME IN YEAR FOR INVESTORS

The rejig, if necessary, could be undertaken in the dynamic component of your investment portfolio.

I remain a firm believer that most financial years serve investors in one of these two ways at the bourses - a year for investors or a year for the invested. To elucidate, the former is characterized by good investment opportunities for investors, while the latter is characterized by good investment returns for the invested. The window to do the former is usually far shorter and offers decidedly limited opportunities.

Now, the natural corollary of this is that if one does not utilize the opportunities in the year for making investments, then one is unlikely to be able to partake of the rewards, as the invested, in the years of good returns. Clearly then, investing is a winwin situation, albeit only for those with a long-term investment perspective and the ability to take calibrated risks.

A question I have oft heard since March this year is whether it is time to salvage one's bleeding Mutual Fund Portfolio, pack up and shift lock, stock and barrel to the eternal favourite in troubled times, the good old Fixed Deposit?