Life is full of surprises. Whether in personal, professional, or financial matters. However, if we do not learn from our mistakes, we are committing a crime against ourselves. As a result, let me share a few lessons I’ve learned in 2022.
Nifty was around 13,700 last year. In 2020, we experienced a fall caused by Corona. As a result, the uptrend from around 8,000 Nifty levels in 2020 to around 13,700 in December 2021 instilled enormous confidence in us that the worst was over and we now only had to face the uptrend. The reality, however, is quite different.
Financial Lessons from 2022
# Nothing is PERMANENT
As previously stated, the Nifty fell roughly 27% from its peak of 12,256 on around 10th January 2020 to 8,083 on around 3rd April 2020. It took approximately 6-7 months to reach the previous level, and it then peaked at 18,338 on October 14, 2021. Massive 45% uptrend from the fall.
This instilled a great deal of confidence in us that going forward Indian…