You are investing in an equity mutual fund scheme for 10years. It is for your kid’s college fund. Finally, the goal is here, and you need the fund in a couple of days.
But the next morning, flash news:
“SENSEX Crashes by 30%!”
You take a look at the investment value of your fund. You have lost all your gains and a portion of your investment capital.
Gut-wrenching to imagine, isn’t it?
It is a nightmare to invest in equity mutual funds without an investment strategy.
What if the stock market crashes days before your financial goal?
An emotional investor will stop investing. But a determined investor will find ways to eliminate this risk.
If you are determined and asking: “how can you eliminate this risk?”
A well-planned exit strategy is all you need. It can safeguard your investments as you near your financial goal.
But what is a proper exit strategy?
How can you implement it to protect your goals from market volatility?
A professional explain your answers in the video below. Watch now: