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20-Year-Old Man Seeks Advice for What 'Long Term' Means

Ramalingam

Ramalingam Kalirajan  |9273 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 22, 2025

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - Jan 17, 2025Hindi
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What is long term .. in terms of years pl

Ans: Long term in investing generally refers to a horizon of 5 to 7 years or more. For equity investments, this time frame allows you to ride out market volatility and benefit from potential compounding. A period of 7 years and above is ideal for equity investments, as it offers better growth opportunities and helps mitigate short-term risks, making it suitable for wealth accumulation and long-term financial goals.
Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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