Don't make drastic changes to your portfolios due to short-term events, says Vinit Sambre of DSP Investment Managers - News Summed Up

Don't make drastic changes to your portfolios due to short-term events, says Vinit Sambre of DSP Investment Managers


Vinit Sambre, Head of Equities at DSP Investment Managers, believes long-term investors should not make drastic changes to their portfolios in response to short-term events. "For long-term investors, it is generally not recommended to make drastic portfolio changes in response to short-term events like geopolitical tensions. Instead, long-term investors should focus on building a well-diversified portfolio that can weather various market conditions," Sambre said in an interview with the economictimes.com. Moreover, many global stock exchanges operate for longer hours, so extending market hours in India can align the country's equity market with international practices, he said. Sambre added that longer trading hours may provide more significant opportunities for investors who cannot participate during regular trading hours.


Source: Economic Times March 06, 2023 23:33 UTC



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