Tuesday turned terrifying for the bourses with the Sensex tanking over 1,000 points after a major crash in US stocks in overnight trade. Delhi-based financial planner, Surya Bhatia, says that he has been getting queries from panicked investors. One should invest in equities with a long-term time horizon - one-year and anything shorter is the wrong way to go about it. If anything, a crash should be seen as an opportunity to buy more units at lower prices.But don't let this greed for more extend to stocks. Some stocks might have become penny stocks after the crash, but don't be tempted to buy.
Source: Economic Times February 06, 2018 06:33 UTC