Corona Virus Threat To Markets- Real or Too Hyped ??
Author- Vivek Shukla
Chief Portfolio Manager- Wealth Guru Financials
Twitter- @vivekshukla4444
Instagram- @wealth_guru_
WhatsApp- 9198544444
Are we unnecessary panicking ? While , We should plan for the worst but must hope for the best. Take precautions but don’t panic. Don’t listen to negative talks, don’t read negative messages and don’t forward dooms day messages. Most of these be insignificant or even false.
Look at the History of stock markets Lower Circuits:
1-17 May 2004
2-21st May 2006
3-21st Jan 2008
4-27th Oct 2008
5-13th March 2020
Remember, in life as well as stock markets, Downs are temporary but Ups are permanent. Sensex was 100 in 1979, 1000 in 1990, 10000 in 2006, 35000 today and mostly 100000 before 2026 or 2027. These are the hard facts.
Coming back to Covid19 , though tragically killed many worldwide, it has however altered global scenario. The time to change one's life style - slow down when required, travel only when needed, stop taking kids out unnecessarily like malls instead spend time with them at home, attend to personal hygiene more vigorously, pray, avoid eating outside and restore health, learn cooking at home, read books instead of watching boring movies at cinemas,
economy may slow down but such crisis opens up new opportunities and it is only a matter of time. Stop weekend outings and let the environment restore
itself. At times nature puts things in order and we need to obey it.
DAR KE AGE JEET HAI.
Tough time don’t last , tough people do. Plan to picks the best stocks and make the best quality investment you always planned of but wanted cheaper, Things are available cheaper, Like the greatest Investor of our time Warren Buffet said once
" Buy when the whole world is at panic and selling is at its Peak and Sell When everybody is happy and Buying is at its peak, You always get the best rates ", so Now it's the time to Buy, isn't it??
Stay Safe, Don't Panic, Start Buying, Have a positive weekend.
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