The current volatile share market, with economic downturns and corrections, presents an opportunity for long-term investment. Experts advise against lump-sum investments, suggesting instead to invest surplus funds gradually, particularly during market dips. Diversifying across several companies and reinvesting moderate short-term profits can be a prudent approach for building wealth over time.
29 March 2020
Plan your investment.
Don't investment lump-sum.The economy is down and it is almost in recession stage.
So better to buy on dips ..
If you have 10lacs then start with 50000/- and that is also in 5 companies of 10000 each.
Even if the market fell further then you have money in hand .So can keep on adding the 5 companies...