In the long run, we all are dead - John Maynard Keynes
Over the last decade(Samvaat 2065 -2074) , compounded returns (CAGR) from the S&P BSE Sensex have been a modest 7 per cent. This is lower than India’s nominal gross domestic product that was reported at 10.85 per cent in March 2018 and almost equal to returns offered by risk-free fixed deposits in some banks.
So, does investing and holding stocks for the long-term make sense?
Over the last 10 years, experts say, the market structure has completely undergone a change. That apart, information dissemination is far more advanced