'No one can predict..best thing to do is...' - Nithin Kamath has investment advice for 99% of people

Domestic exchanges BSE and NSE are closed on Tuesday, March 31, for trading on account of Mahavir Jayanti. Amid this pause, a day earlier, Founder and CEO at Zerodha, Nithin Kamath, had shared a piece of advice for retail investors trying to navigate during market uncertainty.

In a post on X, Kamath pointed out it’s pointless to try to predict the market. “No one can predict which asset class will do well,” he wrote in his latest post.
 

Kamath advised that “for 99% of people, the best thing to do is diversify and stay invested during the good times and the bad.”  He also shared a chart illustrating rolling two-year SIP returns, highlighting why a blended portfolio balanced across equity, debt, and gold matters.

This post comes days after Kamath’s earlier post about the highly volatile state of global financial markets. In a prior post, he said, “It's crazy that we live in a time when the entire global financial market seems to be at the whim and fancy of what one person decides to do.”

 

Meanwhile, with three market closures: Ram Navami, today's Mahavir Jayanti, and the upcoming Good Friday on April 3, falling within a span of just seven days, Kamath earlier noted that such a cluster of holidays almost guarantees a news cycle that can swing markets either way.

“The only way to survive as a trader in this market is to make survival the first goal, not making money,” Kamath said.