Short term market fall always makes retail Investors fearful, but if one can just hold Nifty ETF till Feb 2026 counting from today then there could be easy 100% return in next 5yrs (With very conservative approximation). This translates to least 14% annual returns, where as since the inception of Nifty, the slowest compounding that the market has given (for a least holding period of 20yrs) is annual return of 16.5%.
Yet, less then 1% of market participants will capture this. The key of wealth creation is to remain invested in the market for longer duration of periods. Think long term & enjoy the market ride!
Just a day after this post (on 24th Feb 2021), Mr. Rakesh Jhunjhunwala has predicted NIFTY at 1,00,000 by 2030! :D This is a bull market indeed, with fast correction & even faster new highs.
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