We come across numerous first-time investors who get ๐ฉ๐๐ง๐ข๐๐ค๐๐ by the downturns in the market. The voices echoes every next fortnight โ please stop my SIPโ or โmy portfolio is in redโ. Letโs understand the market way rather than the grapevine you hear from the voices around you:
Always have your funds managed under the guidance of an analyst/planner.
Markets never go in one way, there will be blood on the dance floor.
The downturns are the golden time to invest higher amounts rather that running away or redeeming.
Investment is a long term strategy. Donโt watch your investments every week/fortnight.
Buy the โ๐๐๐๐๐โ and sell the โ๐๐๐๐๐๐๐๐๐๐โ. When the market is in panic of selling collect the most of the undervalued stocks/units.