in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Will you stay invested or withdraw if the market falls 20%? Here’s some perspective 👇
India’s biggest bull market was between 2003 - 2007. In this period, the market generated a staggering 214% return on Nifty. Which is ~35% of CAGR on large caps for 5 years.
But did everyone make monies?
NO! Many sold their investments & could not stay invested because they got scared!
Here’s the data for the intra year market fall,
2003 markets fell 14%
2004 markets fell 27%
2005 markets fell 13%
2006 markets fell 29%
2007 markets fell 15%
Markets falling 15-20% intra year is a normal phenomenon. If you sold your investments in 2003 because the markets fell 14%, you would have not been able to make the 214%. Only investors who stay invested or add more during such falls with a longer term view are the ones who have made wealth.
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"I was scammed by my health insurance company. Pls help!"
One of my followers shared her experience:
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The reason? A pre-existing condition—hypertension—that had nothing to do with the accident! Despite not being on any medication, the insurer used this as an excuse to refuse the claim.
This can happen to you too if you don’t understand your policy details!
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Welcome to Infinity Gains LLP - A Trusted Name for Financial Services (Insurance, Mutual Funds, Loans) since 1997. Our channel is dedicated to Education & Learning by Insurance Veteran Deepak Jain, Ex. AVP, HDFC ERGO.
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