Interest rates and inflation dont really matter much in long-term equity investing.
I am going to prove it to you with my personal experience of stock investing in last 16 yrs!
In the previous article, we discussed 2 key macroeconomic concepts such as interest rates and inflation.
Most investors tend to overemphasize on these 2 concepts and use them for investing into direct equity. One thing to consider is that the equity market is a completely different beast to conquer. And that’s what we discuss in this article, in the long run, macroeconomics becomes completely irrelevant for an equity investor. Sounds contradictory, read more to find out.
In my 16-year-long investment journey, I’ve found that macroeconomics has absolutely no connection to investment returns.
In the short term, yes.
Let me tell you my own story.
My first stock that I had bought in 2006. Right after my 10th Board exams, I was asked by my family to work in the family business. If you’re a Gujarati or…