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HOW YOU CAN SURVIVE MARKET VOLATILITY

Financial markets off late witnessed unprecedented volatility that has left many rattled. The investment landscape has become topsy-turvy. While equities have clearly been choppy, debt markets too have not been spared. As this uncertainty is not likely to go away anytime soon, how do investors take refuge to survive such volatile times? Here are few tips that you must bear in mind. CUT DOWN ON UNNESSERY EXPENSES AND MAINTAIN EXTRA CASH ON HAND If you have been looking to buy that latest gizmo or that trendy expensive dress, this may not be the best time to do so. Postpone purchases of luxury/ imported items & avoid taking any loans. With the rupee weakening against the dollar & inflation spouting its ugly head, your household budget is likely to get squeezed. After paying your EMIs & living expenses, you may not have enough left. Try to maintain free cash which will … Read More