Investment doubled! Should you redeem?

25 din me paisa double! Who doesn't want to hear these golden words for their investments. But when it does happen - when your paisa (investments) actually gets doubled, should you take your money out and book profits, especially during this time when the market is at a new peak? Well, that depends. Read on. Redeem if you need the money or have achieved a financial goal If your investments have reached your desired amount for a specific goal, such as buying a house or funding your child's education, you can consider redeeming them. Furthermore, redeeming investments also makes sense when you have an imminent expense and require funds for it. Never

This article was originally published on August 18, 2023.