
Grow Money
March 1, 2025 at 03:49 PM
Stock markets are correcting and the indices have corrected more than 20% in a short time.
If you are not panicking, congrats you have the quality of becoming a successful investor and if you are stressed then read on!
If a person has invested 10,000₹ as a one time investment in January 1991 and remain invested till February 2025 (a total of 8421 days)
His 10,000₹ would have grown to 7,00,000₹
But, if that person had thought of selling his investments or waited for corrections to get over, and in the process he just had missed the days as mentioned, his final investment amount would be as followed (instead of 7,00,000₹)
Missed 5 best days - 3,80,000₹
Missed 10 best days - 2,00,000₹
Missed 30 best days - 70,000₹
Missed 50 best days - 24,000₹
*Missing just 5 days out of over 8000 days would have reduced your corpus to half.*
The lesson here is that prudent to stay invested until your goals are met. Corrections and rallies are part of equity markets and are here to stay. Staying the course is important.
#investing101
❤️
👍
2