Very important to secure and grow your investment
2nd December was perhaps the mother of all blood baths since the pandemic craze last year in the PSX. The market dropped 2135 points which is actually huge considering there is no major war or pandemic related news!
It has everything to do with bad financial news for the country along with some speculations by the investors PLUS margin calls for many retail investors (We shall discuss margin calls in future videos for sure – for now, please understand that when people buy the stocks with borrowed money and the stocks prices decline, they get calls from the broker to either pitch in more money or clear their positions, most of the time people exit which eventually drags the complete market as well).
I have discussed the same in the video posted on 2nd of December (linked below) that the best way to keep investing in the stock market for a retail investor is to invest small sums of money on monthly basis in value stocks only. For me, I prefer dividend paying stocks for now as I am still in my early days for the stock market venture – This enables me to pick the valuable stocks which along with growth in stock price (with the passage of time) also provides dividend yields from 10 to 20% every year. I will talk about these kind of stocks soon on the YouTube channel for better understanding.
Now, I know there are people who are in loss as of now in the PSX due to the bumpy ride so far this year – also, the PKR devaluation further dents the invested amount specially for those investing from abroad. But if you keep on the approach of staying invested in the market and not try to time it will eventually gain you good returns – as the famous saying goes:
“Time in the market is important than timing the market”
So, it all depends on what are your medium to long term plans are – it’s important to have a SIP (Systematic Investment Plan) in place in order to invest on monthly basis to the stock market and not to invest in one go. Similarly, make sure you allow good enough time before your end goal! I would suggest to start a systematic withdrawal plan from the stock market (or equity mutual funds) when you are close-by to the financial target or goal in life which prevents you to end up loosing money in scenarios like that of 2nd December 2021.
Last week’s videos which were uploaded on YouTube (in case you missed any of these):