‘Returns win headlines, but this wins the long game’: Wealth advisor on investment strategy
Financial experts are emphasising the significance of consistency over sheer performance in building long-term wealth through investments. CA Abhishek Walia, Founder of Zactor Tech, recently highlighted the importance of understanding Standard Deviation as a crucial factor in investment decision-making. According to Walia, many young investors focus on high returns without considering the risks associated with volatility, a mistake that can jeopardise their financial future. “In investing, returns get all the attention. But it’s consistency that helps you stay invested and build real wealth,” he said.
Standard Deviation, a measure of how much an investment’s returns fluctuate around its average, is a key concept that many investors…
