Its just not easy looking at ones portfolio in the equity markets. Its down 30%. And one wonders from where the financial pundits talk about a compounded return of 15% over the long term and if that isnt just real .
One of my older posts spoke about how i felt that the people who make hay come rain or sunshine is the financial market industry and that all of this is just really a marketing game of " SIP Sahi hai".
When the world markets are in an uptrend though quite volatile with the trade war not looking to subside, India has last week reported a growth rate of 5%... definately not the fastest growing economy of the world.
However i have been doing some research and these phases have come and gone many times.. in the 1990s the us market dropped by 22% in a day .. same thing in 2008... but they are back to their highs and doing well.
These events of panic will happen.. the world is volatile and has challenges and they will continue to exacerbate.. and we need to remain calm with our long term money.
There really are no other options.. we just need to focus our efforts and think positively.
Keep the panic as a side dish.. it will always be part of the menu and the taste and after taste cannot be avoided.
Just take a sip.. of water.... and the focus on continuous investing... you will see it through
Thats simplefinancialsense
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