At the outset, I wish that you are doing well and we hope for the safety and well being of you and your family in these times. Please take extra care of yourself and your near ones.
Regrettably, it’s an unfortunate time for the global markets as well and the stocks throughout indices have plummeted. In times like these, an intelligent investor must keep Warren Buffett’s words in mind:
“The stock market is a device for transferring money from the impatient to the patient.”
These are testing times for an equity investor and the ones who keep their calm and remain patient will make the best returns in the longer run. We advise you to sit tight and stay invested and like every other crisis that the markets have seen in the past, this too shall pass.
However, if you need funds for some goal or event in the near future (2-3 months), we advise you to systematically redeem now.
Please contact us in case you need any further assistance regarding your investments or make further transactions .
Stay home! Stay safe!
Dr. Ramesh Maloo
CA Kamal Maloo
98290 40524, 8287 099 099