Thread by @myfinology

𝗘𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗙𝘂𝗻𝗱 𝗰𝗮𝗻 𝗽𝗿𝗼𝘁𝗲𝗰𝘁 𝘆𝗼𝘂𝗿 #𝗦𝘁𝗼𝗰𝗸𝗠𝗮𝗿𝗸𝗲𝘁
𝗴𝗮𝗶𝗻𝘀! 🤯

Don’t believe it? Read this story of one of our clients.

#personalfinance #investments #nifty50

(1/10)

It all started in 2020, amidst the pandemic, locked inside home… along with 1.4 Cr new investors, Mr. Aman (name changed for anonymity) made his baby steps in the stock market.

(2/10)

Good quality stocks at reasonable prices - what else could he ask for?
Whatever he had saved, he invested them all in the markets. He was all in.

The markets kept rising and so did his portfolio. Within a year, Aman nearly tripled his portfolio.

(3/10)

All was well for Mr. Aman until the second wave of Covid hit!

It was quite critical for him. He was diagnosed positive & needed to be hospitalized.

(4/10)

Medical bills were running quite high those days! But Aman did not have enough money.

Far away from home, he didn’t want to bother his parents either, coz they would have called him back home.

(5/10)

He had a few properties in his name, but finding a buyer immediately was not possible.

Failing which, Aman decided to sell off his entire stock portfolio and let go of the opportunity of further gains!

(6/10)

Mr. Aman called us a few days back and repented how he realizes that his portfolio would have become another 1.5X times since he sold it.

(7/10)

We told him about an emergency fund, but he was like - “is it even a thing?”

It was when we explained to him the importance of an emergency fund.

(8/10)

Although he was happy that the profit he earned from the Stock Market came as a savior, deep inside, he regrets not having an emergency fund!

He learnt the importance of having an emergency fund the hard way!

(9/10)

Problems & emergencies don't come with an invitation. You can’t prevent it, but you can prepare. So, don't wait for such situations.

Check if your emergency fund is adequate and know where to invest it, only at Recipe.finology.in

(10/10)