US Stock market crashed 5% decisively yesterday over on Fed Rate & Inflation concerns. Chances are high that Indian Market to follow the same as NIFTY is in multi-year peaks. What we should be doing?
CLEAR OVER-VALUED STOCKS you can sell those over-valued High PE/No Intrinsic Value scrips. IV Calculator
KEEP ASIDE CASH it is a good idea to keep aside 30-50% cash for bottom value purchases.
TYPE OF INVESTOR if you are long-term minded then you would be given opportunities to buy more during bottom. On the contrary if you are short-term minded you will suffer losses & lack of peace of mind – upgrade yourself through Learning.
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