Corona Virus: What should I do with my mutual fund investments?
We are in a war-like situation in the financial world. Most people are worried and panicking about what they should do now? Should we exit the markets? Should we continue our SIP? Lump sums invest kare? Yah debt mein investment switch kar le?
“In the Midst of Chaos, There Is Also Opportunity” (Sun Tzu)
Now is the time to buy cheap as in the midst of all chaos, life continues & so do opportunities. Remember COVID-19 / Corona Virus or as Mr. Donald Trump said Chinese Virus happens only once in a century.
This has created a situation where financial institutions (FIIs) have decided to reduce their exposure to equities and other risky assets, this has led to drop in good quality stocks across the world. They have fled to US treasuries for safety.
So the next question is, how can you take advantage of this situation?
Don’t be sheep…sheep get slaughtered….Think for yourself!!!
When everybody is selling you should buy because you can buy cheap.
Finally answer is simple, Buy Equities!!!
If you have excess money parked in debt or cash, and then move this money to equities within the next 3 months and have a time horizon of 3 to 5 years.
If you are a SIP investor without any excess cash, then try to double or increase your SIP amount in equities.
If you any questions, please drop us a message on EzeeHouse’s WhatsApp number +91-73576 66615.
Be safe and wash your hands regularly!
For helpline numbers & FAQ’s on corona virus in India, click here to check out guidelines by Government of India.