MASTER MIND FINNASSET: Massive Wealth Destruction World-Wide

Wednesday, March 18, 2020

Massive Wealth Destruction World-Wide

Last few weeks have seen massive wealth destruction worldwide. Equity markets have corrected around 30% in India too.

Your investment portfolio has also taken a hit and you must be concerned about the current scenario & thinking what to do. It must be very painful to see such erosion in value of investments.

At Master Mind Financial Advisory, we are also much concerned when we see the portfolio getting hit by such falls. It all happened so fast around the globe due to Corona Virus scare that there was little time to take any suitable measures to protect the fall in value. At this stage, changing the asset class from equity to debt doesn't seem to be a good choice.

Events like these are black swan events which happen once or twice a decade.

History suggests that things eventually improve after such events.

We urge you to sit tight on your investments. We strongly suggest to continue your SIPs as they are helping you buy at lower levels.

It is to inform that buying cheap is the essence of getting higher returns and so we would also suggest you to consider buying lumpsum in 2-3 tranches if markets go down further. We know it is not easy. If you would like to give it a pass, we would understand.

We are keeping a close eye on the developments and will reach out to you if any action is required. These are extraordinary circumstances & let us assure you again that we are on your side, always. We will together come out of this situation and see good days for the portfolio in the near future.

Act Smart, Act Wisely & Always Remember #SaarthiZarooriHai.

We are always there as your "Financial Saarthi" / "Independent Financial Intermediary"

Portfolio Valuations may vary on case to case basis. This message is purely generic in nature.

We still can mitigate the risk in portfolio but we cannot eradicate it.

Warm Regards,

Varun Vaid

+91-9814612907
+91-0172-4623907

Twitter: @vaid_varun; @MMFA_IN

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