Avoid excess exposure to risky assets in times of high market volatility

Build emergency corpus, buy adequate life and health insurance, and don't take on too much debt

Sarbajeet K Sen
family insurance

The global economy is currently facing uncertain times, amid bank collapses and job cuts at major US-headquartered corporations. India’s chief economic advisor, V Anantha Nageswaran, recently emphasised the need for corporations, households and investors to maintain a margin of safety in these volatile times.

While India’s domestic economy is in reasonably good shape, its financial market can’t remain immune to global volatility. Amid the prevailing risk-off sentiment, global capital is likely to move away from equities and into safe-haven assets such as treasuries and gold. Investors need to be cautious with their personal finances and investments in such times.

Develop adequate emergency corpus

Everyone, regardless of age, must create an emergency corpus. “Set aside around six months’ monthly expenses for emergencies. Keep this money in safe and liquid options,

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First Published: Mar 23 2023 | 9:17 PM IST

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