The importance of a financial plan

The questions are resurfacing once again: Where should we invest for the next few years? Equities? Nah. The Indian market looks expensive in pockets, the US appears overvalued with high debt-to-GDP levels, and China remains opaque. Gold has already run up, silver hasn’t played out in a while, debt instruments don’t look appealing and real estate feels overpriced. To exacerbate matters, last month’s terror attack has left nerves frayed, even as the situation now sits in an uneasy calm. And to add to the uncertainty, the US stance on trade remains unclear. Have we been in similar situations before? The answer is yes. Times like these have an uncanny way of recurring. The reasons may differ, but the complexity remains. Moreover, events rarely u

This article was originally published on June 20, 2025.