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
Varun Vaid
+91-9814612907
+91-0172-4623907
Twitter: @vaid_varun; @MMFA_IN
+91-0172-4623907
Twitter: @vaid_varun; @MMFA_IN