Fixed Deposit Can Save You From The Volatile Market
4. Panic button
Never press the panic button in haste when return on investment dwindles. There is an unknown fear in the market regarding the future of those who have invested huge sums and are now anticipating zero or negative returns. But now is not the time to decide entry into or exit from the market. Time heals all wounds, so take time and hold ground. Panic selling at this hour can be disastrous.
5. Liquid cash in hand
One should always keep some liquid cash in hand for emergencies. The slow growth of economy and unpredictable performance of rupee is not very comforting; therefore ready cash is the only way out of crisis. Short term investments that can take care of needs of at least six months should be kept intact.
The economic downfall in India demands small investors to make smart investments. Among all other options, fixed income deposits are the most reliable and efficient investment prospect.
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