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Invest your surplus but provision for emergencies first

covid-19 recommendations 2020 shock
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This is also a good time to review the asset allocation in view of your financial goals, and take corrective steps accordingly The benchmark Nifty 50 fell by a huge 40% from its peak in January 2020 by 23 March.

It has recovered a little since then but equity investors have suffered a tremendous blow. The last time a correction of this magnitude took place in 2008, but many investors have no memory of that event and are mentally unprepared to stomach the present correction.

The temptation to cut one’s losses and run is overwhelming. However, according to financial advisers, this is precisely what you should not be doing. “People who don’t have an urgent need for cash should continue their SIPs (systematic investment plans) and STPs

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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