Is now a good time to invest in stocks or should we wait? Financial advice in coronavirus pandemic

Hi friends! Hope you are having a good day.

Welcome to Angel Broking’s podcast.

The world is in the throes of a highly infectious disease, Covid-19, caused by a novel coronavirus. Faced with an unprecedented crisis, governments across the world have resorted to different levels of restrictions on mobility. The Indian government, too, announced a nationwide lockdown in March which has already been extended on two occasions.

Covid-19 pandemic and the lockdown has had a severe impact on the economy. Businesses have been shuttered, except essential ones, and people have been confined to their homes. However, it would be foolish to allow the overall gloominess to affect your investing decisions.

Life goals have to be met. Wealth has to be accumulated for future needs. A lot of money invested in the stock markets is for purposes like saving for retirement or children’s education. But capital markets have been severely roiled by the COVID-19-induced disruption. It has led to a dilemma for investors.

Should you invest in stocks right now or wait for the situation to normalize? We will try to answer the question in today’s podcast.