Global rout, How should you prepare yourself

The morning signs were always there. One thing which you should not do on a day like today is to look for reasons. The market has its own mind. On the way up you could justify for whatever reasons. On the way down you will. So these things happen and now the equity markets are showing you that there is a risk in equity markets.

It is not just one way and the last two years made a lot of people believe that market can only go up and cannot go down and this is what happens. Therefore, what will happen today is that you will see a correction of the magnitude that in some stocks will correct gains of two years in two days – that’s market for you.

See accompanying video for more...