MARKET IS IN FREE FALL. WHAT TO DO?
Market is loving the red nowadays (Why on earth my mind is stuck on ‘London Bridge is falling down...falling down’ rhyme? We know whom to blame but can’t risk writing it here. That ‘someone’ reads my blog and I can’t take any chances). Russia’s attack on Ukraine has caused turmoil in the market along with the fear about Fed Rate Hike. So, the question on everyone’s mind (If invested in the Stock Market, of course) is ‘What should you do? Should I pull out all my money?’ The short and sweet answer to this is ‘Nope’. (There, saved you so much time. If you have nothing to do like me then read on.) The real question here should be ‘What you shouldn’t do in falling market?’ (I am too lazy to change the heading now) No panic selling My Father taught me a simple funda. ‘When shopkeepers (It’s a metaphor, people… I am not categorizing Shopkeepers here) start talking about stock prices and start giving stock tips then it’s time to leave the market (Book your profit) and when everyon...