What can history teach us about economics?
Source: MFI (MFI |
From the Lehman crisis in 2008 to the NBFC crisis in 2019, the graph above is clear on one thing: markets have fallen, but they have also bounced back. Those who stayed invested from 2008 to 2019 weathered multiple market crashes, but in the long-term their wealth grew. |
The above historical data not only gives us the courage to stay invested during the current Coronavirus crisis but also reminds us that falling markets offer our Fund Managers an opportunity to pick good companies at cheap valuations. |
Hence, stay invested and stay focused on your financial goals. |
To take advantage of current volatile markets and increase your investments, contact your financial advisor.. |
Regards, |
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__________________________________________________________________________________
Open your Trading and demat account with Zedrodha India's number one broker
Open your Investment and algo account with Upstock
Open your Mutual fund investment account with the number 1 App Groww
__________________________________________________________________________________
6 Comments
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