Moneybhai or Money as you would know it, is a constant in all lives. You need Moneybhai in your good times and bad times. The thing is that while Moneybhai is always there to come to your rescue, there are some things or some people that trouble Moneybhai. One of them is volatility aka ‘Volatility chachi’ whose very sight makes Moneybhai sweat. In this first episode of our new podcast series titled ‘Moneybhai ke rishtey’, the good Samaritan ‘Subhchintak’ helps Moneybhai deal with Volatility.
Key takeaways:
· Volatility troubles everyone and is almost unavoidable. Thus, instead of running away, the best thing that you can do is take some steps to deal with it.
· One way to deal with volatility is to manage your own behaviour. There is no need to get reactive every time volatility comes knocking at your door. Instead, you should control your emotions and actions.
· Two, you should consider investing in a Balanced Advantage Fund. Volatility has very little impact on Balanced Mutual funds as they are designed to take advantage of the ups and downs of the market through both equity and debt investments.
You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.