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.
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