When the market falls it worries a lot of stakeholders… except the RIGHT PLANNERS. Those who know markets will fall and provide them the opportunity do not care. But, the majority still worry. And, in this internet age, falling markets also catch social media’s eye.
The sellers of equity (direct or through MF) and investors receive a lot of advice and consoling messages. I was recently looking at my WhatsApp collection and found these hilarious pics. Just have a look at these with my comment.
First, when markets go down a bit or after a massive intra-day fall:
Then words of advice… “SEE ALL MARKETS HAVE FALLEN, SO NOTHING TO WORRY”
After markets fall more… some prayers may help
Then more advice by agent/broker justifying his creation … the hype
Market goes a little more, Agents/Brokers vanish or do not pick phones
Then you react somewhat like this…
Media Guys mix up everything
Finally, you revisit the basics and find a Real Financial Planner
After a long discussion, the engagement takes place…
But this time, you are well understood and looking to commit for LONG
Well, this was the humorous side of a market fall and like this one, not all stories have a happy ending. That is why at TheWealthWisher (TW2) we keep taking you back to the behavioural part of investing and ignore the thrill. If you want to indulge in thrill you go to casinos. Investment is a serious business and we make it stress-free.
Share your comments and views below. Till next post…See you in a bit.
