5 ways to protect yourself from market correction
Markets are like Cardiograms. Just like ups and downs on the cardiogram are necessary, markets are not meant to be linear. Not everyone has been able to make the best of the market cycles. However, smart investors not only leverage on the bull market they also smartly benefit from the bear market. It’s not always about making a good investment; it’s about making a smart investment during the market correction. Let us familiarize you with 5 key behaviors of smart investors.
Greed in the time of panic
For a smart investor, corrections are times to be greedy, because this is the time when smart investors find many opportunities to invest rather than selling off their winnings in selling spree. Smart investors leverage on the greed of buying stocks at reasonable price. While others choose to sell, smart investors invest more in the time of market panic. Buying in the times of correction is one of the identical features of smart investors.
Opportunities to analyze more quality stocks
Knowledge first
Smart investors make their decisions with a supported knowledge base. They trust only the facts and ignore the market rumors. Such investors merely run on luck, they believe in knowledge and research as it is the base of investment in equity. Smart investors avoid churning portfolio often because their portfolios often consist of quality stocks that have limited downside in such times. This helps them avoid cost for churning their portfolio. Markets have never been stable but only the smart investors learn how to make the best of it. Knowing the market trends is smart investor’s characteristic but they don’t necessarily follow.
Buy right: Sit tight
“Big money is not in the buying or selling, but in the waiting.”
Smart investors invest in equity for a long term as they believe in wealth creation by investing in quality stocks that possess a growth potential over the long period of time. Keeping ears to ground and holding the stocks till the full growth cycle of the company, smart investors benefit from the period spend in growth of the company. Being hasty in selling quality stocks is never a choice of smart investors. They believe in fundamentals to achieve financial goals over the long term therefore market corrections do not lead them into panic. During market correction, they prefer to sit tight on their holdings.
Evaluating performance of portfolio
Source: MotilalOswal