Are you losing sleep because the market fell 500 points? If yes, you have too much equity. Reduce your allocation until you can sleep soundly. The goal is riches with peace , not ulcers with outperformance.
Parag Parikh was one of the first Indian authors to popularize concepts from Kahneman and Tversky (Prospect Theory) for the desi investor. Are you losing sleep because the market fell 500 points
He didn't write a textbook; he wrote a psychological manual for the Indian stock market investor. Are you losing sleep because the market fell 500 points
Parikh famously wrote: “Your stomach should be stronger than your brain.” If you cannot stomach a 30% fall in your portfolio, you have no business being in equities. Are you losing sleep because the market fell 500 points