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🔴2023 Exit From Stock Market? #finance #stockmarket
Original: 🔴2023 Exit From Stock Market 📈🦠? #finance #stockmarket
Takeaway
Don't exit the market during a 3-week correction - focus on business fundamentals, not prices.
Summary
- Indian stock market just recorded its biggest weekly fall in 6 months - 3rd consecutive week in red.
- Sample portfolio: Rs 30.92 lakh invested fell to ~Rs 8.22 lakh at one point - 18%+ paper loss shouldn't trigger panic exit.
- Focus on business fundamentals not price - price is not in your control, business performance is.
- Indian economy in a sweet spot for the next two decades; short-term volatility doesn't change the long-term thesis.
- Stay in fundamentally good companies through tough situations rather than exiting at the bottom.
Market CorrectionLong TermVolatilityIndian EconomyInvesting Mindset
Original description
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