I sold off my momentum based MFs two weeks earlier at loss, added few thousands to growth MFs. Waiting to see till market is comparatively stable, probably after last quarter of Jan.'25.
I track my mutual fund portolfio movement daily (basically next day after NAV is updated) and it has been brutal logging those details since last 3 - 4 days. In just last 4 days, I am seeing notional loss of 4.6L. Yeh dukh kaahe khatam nahi hota.
I track my mutual fund portolfio movement daily (basically next day after NAV is updated) and it has been brutal logging those details since last 3 - 4 days. In just last 4 days, I am seeing notional loss of 4.6L. Yeh dukh kaahe khatam nahi hota.
Actual bear markets are much more brutal than this, time and/or price, + will also have bonus of continuous bad news. Things that were working easily in bull market can start punishing instead.
I guess we need to experience it atleast once, but just saying that this is relatively mild.
And most of the excess is in mid/small caps which aren't hurting that much. If they crash, then the masses will feel it. But crashes don't happen often.
Actual bear markets are much more brutal than this, time and/or price, + will also have bonus of continuous bad news. Things that were working easily in bull market can start punishing instead.
Was just reading a article on this these new investors after covid have not seen anything and are getting scared in a mere 10% fall people saw the gains of people who invested in covid time and entered in market in last 2-3 yrs and are now panicking.
Guys Brace for impact