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Key to building wealth: Book profit regularly in stock market

Any financial planner would advise you to “invest in equities for the long term”. But the basic question that arises is – how long is long term? Is it three years, five years, 10 years or, as legendary investor Warren Buffet says, “Our favourite holding period is forever”. Well, for lay investors, ‘forever’ may not be possible because they invest money in equities to make sure that they are able to achieve their goals. For instance, you might be investing for a car or a house that you want to buy in five years. So, it is important to realise that ...