India-Pakistan conflict stressing you out? Here are 6 ways to drone-proof your portfolio
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With Pakistan breaching the ceasefire agreement, stock market investors are worried whether India is headed for another round of military escalation. But as the saying goes, buy on the sound of cannons, sell on the sound of trumpets. It’s a wartime investing mantra as old as the markets themselves, and it’s ringing louder than ever. Warren Buffett’s classic wisdom echoes too—be greedy when others are fearful and fearful when others are greedy. And if the history of India-Pakistan conflicts is any guide, markets have taken the hits and bounced back harder. Bajaj Broking has advised retail investors to avoid impulsive exits based on short-term geopolitical jitters. According to the brokerage, such downturns have historically been temporary. For long-term investors, these moments can actually present an opportunity to pick up fundamentally sound stocks at discounted valuations. Analysts, meanwhile, are recommending traders keep their leverag...