Note: I am doing a goal based investing workshop in Bengaluru that will transform the way you think about money and investing. Jan 18, 2020. Join in and share with friends who can benefit. Read the details here.
Terms like slowdown, major slowdown, recession, pull back, stock market crash have been a part of conversations for quite some time now. There were rumours about World War 3. 🙂
In my conversations with 3 individuals (working at senior positions) from 3 different industries, I sensed the same concern.
But the stock market seems to be a on a different trip altogether. What’s happening?
Monika Halan has written a good note about this dichotomy in the state of economy and the markets. Why are markets happy in these troubled times?
So, should you be worried?
That depends on your temperament. As an investor, I am not worried.
I am also an investor in the accumulation phase of my investing journey. Hence, I see any such ‘slowdown’ as an opportunity to get more for my portfolio.
If you are in the withdrawal stage, minimum 5 years worth of expenses or money required for any immediate goals should out of the markets.
Ain’t that simple to follow?
Anyways, here are a few notes that you might find useful to revisit:
How to prepare your portfolio for a market crash
How to respond scientifically to a market crash
Saving for daughter’s education
Still have questions. Send across!
nice one