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Do Not Make The Same Mistake Again !

 

We saw it happen in March-April 2020.

Sensex is down nearly 5000 points (it closed at 55,826 points on 20 Dec 2021) from its peak in October.

The Indian economy is trying to make a comeback despite the challenges of high inflation & omicron variant threatening global recovery.

1.Stopping Investments:
Success in long term investing comes from two things. Staying invested & enhance investing, especially when markets crash.
Stopping your SIPs now is like not buying in a Diwali Dhamaka or Christmas sale.

2. Capital Erosion:
After 6 years, the chance of a loss in Portfolio is nearly zero.

3. Switch VS Exit .
Even if the fund is bad, you can always switch into a better fund.
But exiting equity altogether? That’s where the real loss comes from.

4. Bottom Fishing:
You don’t know when a market will bottom out , That’s why there is SIP.

To Know Benefits of a SIP ( Systematic Investment Plan), Click Here:

5. Mutual Fund An Important Asset Class In Your Portfolio:
Equity works but only in the long term of 7 years or more.
If you have invested in well-chosen mutual funds with a Good Track Record, then you have no reason to lose faith.

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By Team WM

WealthMunshi Team comprises finance professionals, writers, editors, and subject matter experts dedicated to delivering accurate and reliable information on personal finance and wealth management. Our goal is to simplify complex financial concepts and industry jargon, making finance accessible to all. With relatable content and practical advice, we empower individuals to make informed decisions and achieve their financial goals. Trust us to provide comprehensive guidance on financial planning, investment strategies, tax optimization, and wealth preservation. Join us on this enriching financial journey and let WealthMunshi be your trusted partner in securing a brighter future.

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