
An investment works the best when there is a goal attached to it. A goal gives your investment a direction and makes the decisions related to it easier. For instance, if you are building a retirement corpus and a bear hits it, you could wait till the bear run ends because there might be a long way to go before you retire, and by that time, the market would have corrected, and your investment would rise. But if your investment was for a shorter term, you might want to act quickly to mitigate the effects. But what if the goal …