Book profits

Most of the time people make money in one asset class and when the profit is created they again invest the same money in the same asset class. This is one big mistake which most of the people do. The idea of asset allocation and profit booking is that when you earn from one asset class try and invest the same in a different asset class. This means profit booking. If someone is not booking profit when the right time has come the profit will anyway go away. It is very important to book profit. It is said that never marry an equity or one asset class. Keep investing keep doing asset allocation . #yourstruly

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