Mutual Fund is like a roller coaster. Scary, but worth it!.jpg)
What comes to mind when you think of a roller coaster? Thrill? Joy? Fear? Or a mixture of all these feelings? If you are at a loss for words, don’t worry! We asked around and got some interesting answers. Here they are:
-“Oh! I love roller coasters. I have done it a hundred times and still feel nervous before it starts. But once it’s over, the only feeling I am left with is joy. Every time!” –Arnav
-“I can’t quite describe it. All I can say is that I dig the ups and downs. The excitement followed by that weird sinking feeling followed by the glee; it’s simply euphoric!” –Manavi
-“I don’t know what to say. It&rsquo's thrilling. Just watch the hundreds of videos on the Internet. Even those who were afraid before enjoying by the end.” -Kiran
And our absolute favorite:
-“Well, it’s scary! My wife had been irritating me for years to try one. I finally tried one last year on a dare. Good thing, though, that she let me choose my ride. It was spine-chilling, and I wanted to get off in the middle of the ride. I am glad I didn’t. And, full disclosure, I did enjoy every part of it.” –Madan
Why are we talking about roller coasters on a finance blog? Because investments are the same!
It&rsquo's a cliché analogy, but nothing can describe it better than this. The ups, the downs, the fear, the anticipation, and the indescribable joy at the end; it’s all the same.
So, if you are scared of joining the investment bandwagon or are already on it, here are a few things to keep in mind:
- Safety first:
Just like you wouldn’t ride a roller-coaster without putting on the safety belt first, be mindful of discussing and implementing safety measures in your portfolio. For instance, invest small amounts in diversified sets of funds and equities. It will help maintain balance and keep you from falling even when the market crashes.
- Don’t hop off midway:
Quoting our favorite roller coaster review from above, ‘I wanted to get off in the middle; I am glad I didn’t!’ Would you jump out of a ride mid-way? No! In the same way, let your investments complete the ride, even if things look a bit shaky at the moment. The market ups and downs are sudden but have a fair chance of correcting themselves in the future. Look at your funds’ overall performance, not just the present performance, before making any conclusion.
- Choose what you are comfortable with:
We have often witnessed the markets going down but then bouncing back and touching new highs after a crash. You only have to take care of investing according to your comfort level. After all, if you choose your ride carefully, you can enjoy it without fear.
In case you have any queries about choosing the right Mutual fund Advisory or coping with market volatility, get in touch with us at ask@5nance.com or 022-6713-6713.
