What to do during Market Crash ?
Market crashes can be unsettling for even the most experienced investors. 1. Stay Calm: Market downturns are temporary. Markets recover in the long run. 2. Keep the Big Picture in Mind : Keep your investment goals in mind. History is a witness that investors who have been patient have got better returns. 3. Leverage the Power of Averaging: Continue investing because there is an opportunity to buy more units at a lower price. 4. Embrace New Opportunities: Buying in dips is an opportunity to profit for the future. 5. Trust the advisor/distributor: Your plan is made according to your financial goals as per risk profiling. Market crashes test your discipline and resilience. Stay calm, focus on long-term goals, and use volatility as an opportunity. Trust your plan, rely on your advisor, and be patient - recovery takes time.