I agree with you that sensex may touch new high of 11500/- by end of this year. However, new and retail investers should not enter till mid of this year as past records show that almost every time there is a slack period after boom. Possibly, after corrections, market may zoom to 11500 index but only after June/July this year.
Well, Its an excellent advise to investors to have a diversified portfolio.I don't disagree it entirely.This does not hold true for the current market where the companies are expanding,making more profits and there is capital appreciation in most of the industries.But the equities will give more returns than fixed income securities as the indian market is emerging. More foreign investment is coming into india and the IT,Telecom,Infrastructure, Real Estate,pharmaceutical and financial sectors are booming.Investing in these sectors may give more returns provided investment goes into the reputed organizaion. If somebody doesn't know about investent, they can invest through mutual funds.
