Recently with the markets plummeting day after day because of multiple reasons like rising inflation, all time high crude oil prices, RBI hiking repo rate and Rupee weakening, there is a lot of noise that can be heard in the social media getting into so much detailing like how many points did nifty fell, which were the stocks in red, which mutual fund scheme gave tepid returns. Amidst all these negative news which is causing constant panic, we tend to miss out on the positives of market falling.
Just the way we look forward for end season sale to buy our favourite clothes and accessories, similarly this is a time for sale in the equity markets.
New investors should consider this as an opportunity to start investing for their long term goals in a staggered manner while already existing investors should top up their investments to get the benefit of entering markets at a low level.
Think about the last dip in the markets which was in Feb 2020 when the covid hit, the markets fell below 30,000 levels from 42,000 levels and currently, in spite of the so called bear market and the panic, we are still hovering at 52,000! In almost 2.25 years, we made a fabulous 30%!! The ones who invested at that point made windfall gains out of other peoples’ panic.
So irrespective of where the markets are today or where the markets will be tomorrow, long term investing will always bears fruits. All we need is a deaf ear to ignore the perpetual noise of the market and keep investing.
