What should you do in the current market scenario?
Watch this video to avoid taking wrong decisions.
STOCK MARKET
Aashray Agarwal
4/4/20251 min read
First of all, do not Panic! Relax and observe. Next would be to take the required action on the current market fall.
Option 1: You have money to invest now: Add on quality stocks that are beaten up due to temporary sentiments in the markets currently. You are getting a good opportunity to buy quality stocks at lower/fair prices. But please note here, do not invest all your money in one go, invest in a staggered manner. This will help you to invest more if the markets fall further.
Option 2: You do not have money to invest now: simply ignore the temporary fall in the markets. Do not borrow money from anyone thinking of investing based on tips from someone. It's totally fine not to invest in falling markets in case you do not have money at this point in time.
Bonus point: Irrespective of whether you fall in option 1 and option 2 above, please make sure you do not own any low-quality/tips-based stocks in your portfolio. Sell the low-quality ones and buy the quality ones.
The reason is very simple, if the quality and underlying fundamentals are weak, these stocks may further fall, and it would only increase your losses.
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