“Sensex rises 500 points to touch an all time high.” reads today’s stock markets news headlines.
The Sensex and Nifty are touching new highs on weekly, monthly and yearly basis. Soon, they will probably soon be at their all time highs. It’s the bull market.
Source: Google/Yahoo Finance; Sensex Chart for 5 years. as on Sept 7, 2016
The social conversations have turned to stocks that one is buying or planning to buy, the sectors that will lead the bull run and the money made.
Seriously, it is hard to ignore. The FOMO or fear of missing out is gripping you. You too want to be part of it.
You want to ride the bull too.
The issue is that you have never invested before in stocks or mutual funds. Bank FDs, EPF, PPF, etc. have been your primary investment avenues so far.
But now you want more.