Avoid large lump sum investments when the markets are correcting, says Viral Bhatt, Founder, Money Mantra
Updated: 21 Jul 2022, 11:37 AM IST
TL;DR.
Recession will soon follow the current inflationary effect. The effect on the market is expected to be immediate and prolonged. Keeping a long-term view of investments and their effect can help identify potential and diverse investment sources that will help you stay afloat. Viral Bhatt, Founder, Money Mantra - A personal finance solution firm recommends his clients to adopt a broad-minded view to wade through the current market scenario. While nothing is permanent, it makes sense to benefit from the temporary concussions to the market too.