Investment is a Money Earner & not a Money Burner tool
It seems the market is now in Bear Trap. Every time a downturn comes a large number of investors stare into the falling market like rabbits trapped by the headlights of a car and wonder why they did not move.
Understanding bias & psychology of markets becomes more important at times of panic.This is a big opportunity to invest. Look for quality large-cap companies, stocks with a history of creating wealth in the past & industry leaders with strong management.
•Use simple SIP strategies.
•Focus on consistency & quality #investment,don’t worry about size.
•Be patient & don’t expect quick returns.
•For those invested prior to the fall,if you are holding good quality stocks in your portfolio & have seen a sharp cut in prices, and are sitting on losses, be patient,they will recover in time.
•If you’re unsure about the quality of the company,sell them on bounces and re-invest in better firms.
Events of this magnitude will delay returns, but patience pays off. There will be sunshine after the rain. Markets & life will be back on track with time. Instead of timing the market we should give time to the market.
Be optimistic & Keep investing!