It’s always good to invest part of the portfolio in equity anytime, if you have knowledge. This is the time when even if you don’t have knowledge, you may do well over period of 3-4 years, if you invest & hold your investment.
2000-2003 or 2007-2009 or 2018-2020, all have the similar story. Market going up & up, most waiting to enter (or entered at peak), followed by crash & than recovery. From 2014 till now, market didn’t give blanket opportunity to enter.
Yes, it’s time not to be greedy based on tips, one should focus on SENSEX or NIFTY stocks, focus on India story stocks, focus on low debt stocks, focus on strong management with less pledged shares, there will be ample opportunities. Create wider portfolio to reduce risk.
It’s also advisable to invest in trenches, not to enter at one go. Say NIFTY may move between 4500-9500 range, based on three caution repeated by RBI Governor, during next three months. It’s your decision at what level you want to enter, 30% investment say at 8000, 30% at 7000, remaining around 6000 NIFTY.
Please remember that 2000-2003 or 2007-2009 had seen similar corrections between 50-70% in stock prices. But, eventually everything will bounce back. Personally, this seems to be opportunity of this decade.