The majority of indices in the Indian Stock Market have experienced a decline of approximately 10%. In light of this, what actions should investors consider taking?
If we look at the Nifty 50 Chart for one year chart, then we can visualize this drop clearly.
Obviously such a 10% fall means investors will panic especially if they are new investors. In such a situation what action do we have to take?
Stock Market Drops 10% From Its High – What Should We Do?
# None were aware of this!!
Show me one person who precisely predicted this 10% fall. In my view NONE. The same applies to our future too. No one can predict what will happen in the short term to the near term in the stock market. Hence, the first step to follow is to stay away from experts in the PREDICTION business (which I call numerologists of the finance industry). None of such experts will add value to your wealth creation journey.