Hugely inspired and slightly borrowed from Rick Kahler, MS, CFP, CFT-I, CeFT, CCIM and his The Financial Therapy Podcast. This video is for Indian investors who are confused about what to do in today’s volatile market conditions and how to make use of the correction. Four Easy Steps to follow for clarity on what you should do.
Step 1 – Identify the ‘Why’ of your investment
Step 2 – Identify the risk
Step 3 – Identify the source of your anxiety
Step 4 – Identify the behaviour
At the end of this process, you are guaranteed clarity around what you should do with your investmentAn investment is made to give you a return. You make an investment if you use your money to buy either physical assets like property or financial assets like bonds and equity with an aim to receive income or gains... More, despite the chaos in the market.
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